The Middle East's

Top 100 Listed
Companies 2022

69. Boubyan Bank*

Country: Kuwait

Sector: Banks & financial services

Vice-Chairman and Group CEO: Adel Abdul Wahab Al-Majed

Market Value: $9.9 billion

Sales: $831 million

Profits: $157 million

Assets: $24.1 billion

Boubyan Bank is an Islamic Shariah-compliant bank. In 2020, it acquired the Bank of London & The Middle East. The bank’s subsidiaries include investment arm Boubyan Capital, insurance company Boubyan Takaful, and real estate services company Boubyan National. In December 2021, the bank signed an agreement with the DIFC FinTech Hive to launch an accelerator program that aims to support the growth of Kuwaiti startups.