THE

STORY

Founded in the early 1960s, Ali Alghanim & Sons Group of Companies is a leading conglomerate in Kuwait, operating in various sectors which include automotive, consumer brands, education, construction, investments, real estate and food and beverage.

Having started with humble beginnings as a factory specializing in the fabrication of steel sheds and water tanks employing a workforce of 30, the Group has grown to become a trusted partner for internationally-established brands as well as home-grown businesses sharing a common vision of commitment to advancement in the Group’s home country, Kuwait.

Over six decades later and the Group continues to grow consistently, supported by its long-standing relationships with international and local brands that it has introduced to the local market, as well as an unchanged business philosophy which places partners, clients, employees and the society at the head of every business decision. This philosophy has not only enabled the Group to sustain its growth, but also to weather through the many external challenges that have been overcome during these decades.

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Business Sectors

OUR BRANDS

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Country Overview

Why Invest in Kuwait Today?

Once at the center of trade routes between Asia and Europe and known as the Pearl of the Arabian Gulf for its history in pearl diving, Kuwait is today a wealthy oil-based economy and its currency, the Kuwaiti dinar is the highest-valued unit of currency in the world.

However, Kuwait’s growth plans do not stop here. The country is known for its vibrant local consumer sector and a high purchasing power. The local gross domestic product per capita is 2.6 times higher than the world average, standing at approximately KD10,000 (US32,000$). As reference, Kuwait›s budget for 2021-2020 is expected to generate revenue of KD14.8 billion (US48.7$ billion) and the planned expenditure is set at KD22.5 billion (US74$ billion).

Kuwait›s sovereign wealth fund is ranked the fifth largest sovereign wealth fund in the world with local and foreign assets exceeding US533.650$ billion.

To boost its economic base, the Gulf peninsula also plans to invest US115$ billion in the oil sector over the next five years to increase oil production and satisfy the high demand for the commodity as present technologies and living methods remain depended on it, and a change in energy resources would require time to take life.

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OUR PHILOSOPHY

  • Our Partners

    We value their partnership and their leadership in their respective fields. They are essential to our organization and together, we fulfil our mutual growth.

  • Our Clients

    They are at the heart of our operations. We work to provide them with quality and excellence because we believe every business is driven by them.

  • Our Employees

    They are the ambassadors of our business. We have the responsibility to inspire them and provide them with an environment that enables them to exceed expectations.

  • Our Society

    We are proud to be part of our local society and are committed to investing our resources to build a strong foundation on which it can thrive and advance.