Mabanee Company
Top 50 Real Estate Developers in MENA 2021

Mabanee Company

Rank: 16

Country: Kuwait

CEO: Waleed Khaled Alsharian

Date of establishment: 1964

Mabanee develops mixed-use destinations and operates The Avenues shopping malls in Kuwait, Bahrain, Saudi Arabia, and the U.A.E. Listed on the Kuwait Stock Exchange (Boursa Kuwait) since 1999, the company had total assets of $3.5 billion as of the end of September 2021. It reported $46.9 million in net profits in Q3 2021, an increase of 80% compared to the $26 million it recorded in Q3 2020.