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MAJOR SHAREHOLDERS CORPORATE
KUWAIT FINANCE HOUSE
A leading Kuwaiti bank holds an estimated 20% of the total deposit base of the country, incorporated in Kuwait in 1977. Market capitalization exceeds $4.6 billion. (listed on the Kuwait Stock Exchange) Rated A3 by Moody’s. Total assets of over $10.3 billion, deposits of $7.8 billion. Net profit of $197 million in 2003.
OLAYAN GROUP
SAUDI ARABIA Al Olayan is a major shareholder in many leading international companies, such as: HSBC, DLJ and National power UK. A private multinational enterprise comprising 50 companies and affiliated businesses engaged in distribution, manufacturing, services, and investment. Revenue in 2003 exceeded $1.1 billion. Total employee of 8850 in 2003. Alliances, agencies and joint venture include Atlas Copco, Baxter, British Petroleum, Burger King, Coca-Cola, Colgate-Palmolive, Energizer, NEC, Nestlé, Digimarc (Polaroid), Toshiba, Xerox
AL MOUSHERJI GROUP, KUWAIT
A major private business group. Major shareholders of Arabi Holding Group (listed in Kuwait Stock Exchange): major electrical, mechanical and agricultural contractors. Annual turnover of around $100 Million. Major shareholders of Kuwait Computer Company (listed in Kuwait Stock Exchange) Other business in include: Gulf paper mill, Khatt printing.
AL-SAYER GROUP, KUWAIT
One of the leading family businesses in Kuwait. Exclusive dealers of Lexus & Toyota automobiles. Total employees (estimate): 1900 (Dec 2004) The Group has a wide range of diversified businesses in auto spare parts, trading and real estate.
THE INDUSTRIAL BANK OF KUWAIT
A semi government institutions established in 1973. Primary business is to finance up to 50% of industrial projects in Kuwait at a fairly low interest rate. Provided a total of USD 1.8 Billion into 760 different projects since inception. Established with a share capital of $ 32 million, subsequently increased to $ 65 million (1981)
HASIBAT HOLDING, KUWAIT
A diversified business mix of information technology services and solutions
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