By Anil Bhoyrul
Late chairman of Kharafi Group honoured at Arabian Business Kuwait Awards
Nasser Al Kharafi, the late chairman of Kuwait’s Kharafi Group, received a posthumous Lifetime Achievement Award at the Arabian Business Kuwait Awards on Tuesday. [photos]
Held at the Courtyard by Marriott in Kuwait City, the prestigious award was made just two months after the Kharafi Group chairman’s death and accepted by his son, Bader Al Kharafi. The family-owned firm has stakes in several listed firms in the Gulf state, alongside subsidiaries in the construction, hospitality and travel industries.
Its subsidiary, Kuwait Food Company or Americana, holds the Middle East franchises for Pizza Hut, KFC and TGI Friday’s, among others. Al Kharafi was also the largest individual stakeholder of popular doughnut company Krispy Kreme.
The award was one of 17 made at the ceremony. Retail tycoon Mohammed Al Shaya scooped Businessman of the Year, while Ghaida Ghassan Al Khaled, chairperson of ACICO Construction, took Businesswoman of the Year.
National Bank of Kuwait was voted Bank of the Year, with Boubuan Bank taking Islamic Bank of the Year, and Gulf Bank winning Retail Bank of the Year. Other notable winners included Agility for Logistics Company of the Year, and MARKAZ winning Investment Company of the Year.
This year’s award for corporate social responsibility (CSR) went to Equate.
Full list of winners at the Arabian Business Kuwait Awards
Lifetime Achievement (awarded posthumously) - Nasser Al Kharafi, chairman, Kharafi Group
Businessman of the Year - Mohammed Al Shaya, executive chairman, Alshaya Group
Businesswoman of the Year - Ghaida Ghassan Al Khaled, chairperson, ACICO Construction
IT company of the Year - ITS
Bank of the Year - National Bank of Kuwait
Islamic Bank of the Year - Boubyan Bank
Retail Bank of the Year - Gulf Bank
Insurance Company of the Year - Gulf Insurance
Best Business Hotel - Crowne Plaza
Telecom Company of the Year - Wataniya Telecom
Real Estate Company of the Year - Salhia Real Estate
Industrial Company of the year - Gulf Cable
Fastest Growing Company - Alimtiaz Investment
CSR Award - Equate
Investment Company of the Year - Markaz
Construction Company of the Year - Ahmadiah Contracting & Trading Co
Logistics Company of the year - Agility
Hospitality & Tourism Company of the Year - Bukhamseen Holdings