Arabian Business Rich List 2010
Thu 16 Dec 2010 10:41 AM
The Bukhamseen family
25

The Bukhamseen family

Industry: Banking & Finance

Company: Bukhamseen Group

Country: Kuwait

Wealth: 4 Billion

Bukhamseen Group was launched half a century ago as the
vision of one man, Jawad Ahmed Bukhamseen. He founded the Jawad Bukhamseen
Commercial Corporation in 1957, and under his able leadership the company grew
and diversified, ultimately evolving in status from a small family business to
a fully-fledged institution with interests across several economic sectors.

As well as a primary interest in financial investment and
banking, the firm has concerns in hospitality, travel and tourism, industrial
production, media and communication work, consultancy services in urban
planning, civil engineering, and major development projects

in Kuwait.
Today, Jawad’s sons Emad, Osama, Anwar and Raed all occupy senior management
positions within the company, which has holdings in Kuwait International Bank,
First Gulf Bank, and Egyptian Gulf Bank.

Bukhamseen Holding’s Kuwait National Cinema Company also
established Al Sharqia Cinema, the first movie theatre in Kuwait, in
1954.