History & Background:

Founded in 1983 by prominent Kuwaiti businessmen, Al Fawares was initially formed as a construction and development company with a capital of $30M. During the first Gulf War Al Fawares' assets were largely destroyed but the business has since been rebuilt and expanded. Today, Al Fawares, has been transformed into an Investment Holding Company with a global focus on private equity investments.

In 2007, Al Fawares' Asset Value stood in excess of US$5 billion invested in an International Portfolio of Investments, where its assets are diversified across several sectors, most notably in:

  • IT & Telecommunications
  • Financial Institutions
  • Aviation
  • Real Estate Development
  • Media and Publishing
  • Oil & Manufacturing

Thru its majority owned subsidiaries, Al Fawares employs more than 2,000 employees (Reword). Al Fawares operates mainly out of Kuwait with offices in:

  • Kuwait
  • Bahrain
  • Dubai
  • Egypt
  • Jordan
  • Iraq
  • The Unites States.