Sector: Banks & financial services
Market Value: $3.4 billion
Gulf Bank provides banking services to individuals and companies, in addition to treasury and other financial services. It has 53 branches in Kuwait. During Q1 2022, the bank recorded a net profit of $49 million, an increase of 25.7% compared to the same period in 2021. The Group of Kutayba Youssef Ahmad Alghanim is the bank’s largest shareholder, with a share of 32.7%.