The Most Successful Business in Kuwait, Ranked

Voting rules: Choose the business you think is the most successful!

Updated on Apr 28, 2024 06:57

In the dynamic landscape of Kuwait's economy, businesses of varying scales and sectors strive to establish their mark. Ranking these entities not only highlights their contributions but also facilitates a clearer understanding of market trends and sectors driving growth. Such evaluations assist consumers, investors, and new entrepreneurs in making informed decisions by identifying leaders in the field and innovative newcomers alike. Here, every vote counts towards crafting a continuously updated and authentic reflection of success in Kuwait's business environment. This participatory approach ensures that the rankings mirror the collective insights and preferences of a broad audience, from local consumers to global investors. Your input is invaluable in painting a comprehensive picture of the business hierarchy in Kuwait, fostering a community-driven assessment of excellence.

What Is the Most Successful Business in Kuwait?

1

32
votes
Kuwait Petroleum Corporation (KPC)

Government of Kuwait

KPC is the state-owned oil and gas company of Kuwait, and one of the largest oil companies in the world. It is responsible for the exploration, production, refining, and transportation of oil and gas in Kuwait, and has a significant presence in international markets.
Kuwait Petroleum Corporation (KPC) is the state-owned oil company of Kuwait. It was established in 1980 and is responsible for the exploration, production, refining, and marketing of petroleum products in Kuwait and internationally. KPC plays a vital role in the country's economy and is one of the largest oil corporations in the world.

Headquarters: Kuwait City, Kuwait

Year of establishment: 1980

Ownership: State-owned

Industry: Oil and Gas

Operations: Exploration, Production, Refining, Marketing
2

39
votes
National Bank of Kuwait (NBK)

NBK is the largest financial institution in Kuwait, offering a wide range of banking and financial services to individuals and businesses. It has a strong presence in the Middle East and international markets, and is known for its customer service and innovative products.
The National Bank of Kuwait (NBK) is the largest financial institution in Kuwait and one of the most successful businesses in the country. It was founded in 1952 and has since evolved into a leading banking institution offering a wide range of financial services.

Assets: Total assets of over $105 billion

Branches: Approximately 73 branches in Kuwait

International Presence: Presence in over 4 continents with branches and subsidiaries

Diverse Services: Offers commercial banking, investment banking, and asset management services

Customer Base: Serves individual customers, local companies, and multinational corporations
3

17
votes
Kuwait Finance House (KFH)

KFH is a leading Islamic bank in Kuwait, offering Sharia-compliant banking and financial services to customers. It has a strong reputation for ethical and socially responsible banking practices, and has a significant presence in international markets.
Kuwait Finance House (KFH) is a leading Islamic bank in Kuwait and one of the largest Islamic financial institutions worldwide. It was established in 1977 and operates according to Islamic principles, offering a wide range of Sharia-compliant banking and investment products.

Headquarters: Kuwait City, Kuwait

Industry: Islamic banking and finance

Products: Retail banking, corporate banking, investment banking, asset management, treasury services

Number of Branches: Around 400 branches worldwide

International Presence: Operating in over 30 countries
4

20
votes
Zain Group

Bader Al-Kharafi

Zain is a leading telecommunications company in Kuwait, offering mobile and fixed-line services to customers. It has a strong presence in the Middle East and Africa, and is known for its innovative products and services.
Zain Group is a leading telecommunications and mobile network operator in Kuwait. It is considered one of the most successful businesses in the country, providing innovative communication services to millions of customers.

Established: 1983

Headquarters: Kuwait City, Kuwait

Industry: Telecommunications

Services: Mobile telephony, broadband, digital services

Operating Countries: 8 (Kuwait, Saudi Arabia, Iraq, Jordan, Bahrain, Lebanon, Sudan, South Sudan)
5

21
votes
Kuwait Airways

Government of Kuwait

Kuwait Airways is the national airline of Kuwait, and one of the oldest airlines in the Middle East. It operates a fleet of modern aircraft and offers a wide range of destinations, and is known for its high-quality service and safety standards.
Kuwait Airways is the national flag carrier airline of Kuwait. Established in 1954, it is one of the largest airlines in the Middle East region. Kuwait Airways aims to connect Kuwait to the rest of the world, providing reliable and comfortable air travel services.

Year of establishment: 1954

Headquarters: Kuwait City, Kuwait

Fleet size: 30 aircrafts

Destinations: Over 50 international destinations

Number of employees: Approximately 4,000
6

9
votes
Kuwait Food Company (Americana)

Americana is a leading food and beverage company in Kuwait, with a diverse portfolio of brands and products. It operates restaurants, cafes, and food production facilities across the Middle East and North Africa, and is known for its quality and innovation.
Kuwait Food Company (Americana) is one of the most successful and prominent food companies in Kuwait. The company specializes in food processing, distribution, and retail operations. It offers a wide range of food products under various well-known brands across the Middle East and North Africa region.

Headquarters: Kuwait City, Kuwait

Establishment Year: 1964

Industry: Food Processing and Distribution

Brands: Hardee's, KFC, TGI Fridays, California Pizza Kitchen, Krispy Kreme, Baskin Robbins, and more.

Operations: Food processing, distribution, and retail
7

10
votes
Agility

Agility is a leading logistics and supply chain company in Kuwait, offering a wide range of services to businesses across multiple industries. It has a strong presence in the Middle East and international markets, and is known for its innovative solutions and technology.
Agility in soccer refers to the ability of a player to quickly change direction, accelerate, decelerate, and maintain balance while moving. It involves a combination of speed, coordination, and flexibility, allowing players to navigate through tight spaces, evade defenders, and execute quick turns and movements in a fluid manner.

1: Quicker reaction time.

2: Improved coordination and body control.

3: Enhanced change of direction ability.

4: Increased speed and acceleration.

5: Better balance and stability.
8

9
votes
Gulf Bank

Gulf Bank is a leading bank in Kuwait, offering a wide range of banking and financial services to individuals and businesses. It has a strong reputation for customer service and innovation, and has a significant presence in international markets.
Gulf Bank is one of the most successful financial institutions in Kuwait. Established in 1960, it has grown to become a leading bank offering a wide range of banking and financial services to individuals, corporations, and institutions.

Size: Gulf Bank is one of the largest banks in Kuwait with a significant market presence.

Branch Network: It has a strong network of branches and ATMs across Kuwait, providing convenient access to its services.

Retail Banking: The bank offers a comprehensive range of retail banking products and services, including savings and current accounts, loans, credit cards, and wealth management solutions.

Corporate Banking: Gulf Bank provides a wide array of corporate banking services, such as working capital financing, project financing, trade finance, and cash management.

Digital Banking: The bank has invested in digital banking solutions, enabling customers to access their accounts, perform transactions, and avail services online and through mobile devices.
9

5
votes
M. H. Alshaya Co.

Mohammed Hamoud Alshaya

Alshaya is a leading retail and hospitality company in Kuwait, with a diverse portfolio of brands and products. It operates stores, cafes, and restaurants across the Middle East and international markets, and is known for its quality and customer service.
M. H. Alshaya Co. is a prominent retail franchise company based in Kuwait. It was founded in 1890 by Mohammed Hamoud Alshaya and has grown to become one of the most successful businesses in Kuwait, with a strong presence in the Middle East, North Africa, Russia, and Europe. Alshaya Co. operates a diverse portfolio of retail brands across multiple sectors including fashion, food, health, beauty, and more. They have successfully established partnerships with over 90 esteemed international brands, making them a key player in the retail industry.

Founded: 1890

Headquarters: Kuwait City, Kuwait

Industry: Retail

Presence: Middle East, North Africa, Russia, Europe

Brands: Over 90 international brands
10

9
votes
Div Sum · CC BY 2.0

Kharafi Group

Kharafi Group is a leading diversified company in Kuwait, with interests in construction, engineering, infrastructure, and other sectors. It has a strong presence in the Middle East and international markets, and is known for its innovation and quality.
The Kharafi Group is a prominent conglomerate in Kuwait, involved in various sectors such as construction, infrastructure development, real estate, hospitality, retail, and telecommunications. It was founded in 1956 and has since become one of the most successful and influential business entities in Kuwait.

Year founded: 1956

Industry: Conglomerate

Headquarters: Kuwait City, Kuwait

Key sectors: Construction, infrastructure, real estate, hospitality, retail, telecommunications

Revenue: Private company - undisclosed

Missing your favorite business?

Graphs

Discussion

Ranking factors for successful business

Revenue

The total revenue generated by the business over a specified period could be a key factor in determining the success of the business.
Profitability

The profitability of the business could be an essential factor in determining its success, with the ability to generate profits being crucial to the long-term viability of any business.
Growth

The rate of growth of the business over a specified period could be a vital factor, with rapid growth being a sign of a successful business.
Market Share

The share of the market that the company is able to capture could be a clear indication of its success.
Customer Satisfaction

The level of customer satisfaction with the company's products or services could be a crucial factor in determining its success as customers are the lifeblood of any business.
Brand Value

The strength and recognition of the company's brand value could be a key indicator of its success.
Innovation

The level of innovation and creativity that the business brings to its products and services could be a critical factor in determining its success in a competitive marketplace.

About this ranking

This is a community-based ranking of the most successful business in Kuwait. We do our best to provide fair voting, but it is not intended to be exhaustive. So if you notice something or business is missing, feel free to help improve the ranking!

Statistics

2659 views
170 votes
10 ranked items

Voting Rules

A participant may cast an up or down vote for each business once every 24 hours. The rank of each business is then calculated from the weighted sum of all up and down votes.

More information on most successful business in kuwait

Kuwait, a small country in the Arabian Gulf, is known for its thriving business environment. With a high GDP per capita and a stable economy, Kuwait has attracted entrepreneurs and investors from all over the world. The country is home to many successful businesses that have made a significant impact on the local and global market. From oil and gas to finance and real estate, Kuwait offers a diverse range of business opportunities. In this article, we will explore some of the most successful businesses in Kuwait and what makes them stand out in their respective industries.