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Alghanim, Alamana, Yusuf
Alghanim Automotives, Wansa, X-cite by Alghanim Electronics, Bumper-to-Bumper, Cruzer, Kirby, Kimmco, Rockwool (India) Ltd, Alghanim Freight, Impact & Echo, Alghanim Travel. Outside of family business, Bassem Alghanim is board Member of the Kuwait-based Gulf Bank of Kuwait, in which Alghanim Industries holds a stake and also is the CEO of the Middle East Capital Investment Company in U.A.E.
130:. A multinational company in outlook with operations in 40 countries, Alghanim Industries is a multibillion-dollar company with more than 30 business units under its umbrella. They also fund projects and provide loans for non-UAE/Middle East countries. Alghanim Industries claimed that it collected revenues of $ 2.5 billion in 2009, although has not disclosed its financial standing since.
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In 1932, Yusuf Ahmed
Alghanim returned to Kuwait from his studies abroad and took over his father's business which he turned into a successful company. By the end of the 1930s, he had established the reputation of the Alghanims throughout the Middle East and was employing a labour force of more than
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Advertising and media, Automotive sales and services, Building and home construction products, Consumer credit, Consumer electronics retail, Consumer engineering, FMCG Wholesale and distribution, Food and beverage, Home furnishings retail, Insurance, Insulation manufacturing, Office automation, Oil
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From the early 1970s, Yusuf's son, Kutayba, led the organisation and installed a western-style management structure and decentralised decision-making processes. They positioned the company as a diversified multinational corporation, well placed for continued success locally and abroad. In the late
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Alghanim
Industries holds the agencies for BEKO, Acer Inc.|Acer, Yamaha, Sony, Samsonite, Samsung, Siemens, Nokia, Motorola, Kenwood, Fujitsu, IBM/Lenovo, Dell, Casio, Cannon, Daewoo, Electrolux, Compaq, Konica Minolta, Philips, Toshiba, Whirlpool, and Xerox (among others). Brands include Safat
259:, many believed there was the best quality of stock and that is where they gained much popularity and earned enough money to startup a big company. The Alghanim family was among the original families to populate what would become Kuwait and has a long history as merchants in the region.
332:, joined the management ranks of the company in 2002, and served as its CEO from 2005 to 2019. Omar Alghanim was instrumental in driving Alghanim's international growth strategy. Prior to joining Alghanim Industries, Omar Alghanim worked as a financial analyst with
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In 2010, Omar and
Kutayba were accused of hiring a UK based private security firm to illegally hack Bassam Alghanim's email accounts in order to get an advantage in a lawsuit over how to separate the family's assets.
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1970s and the early 1980s, the holding company became known as
Alghanim Industries with several business units and brands operating under its umbrella. Some of the leading brands that Alghanim associated with include
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was appointed CEO. Samara brings a wealth of experience from his tenure at
General Motors, where he held senior leadership roles across Europe, North America, and the Middle East.
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4000 people. Under the guidance of Yusuf, the organisation grew and diversified over the next 40 years which further entrenched the
Alghanim name across the Middle East.
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in London, focusing on corporate finance, mergers and acquisitions in the Middle East. He received his MBA from
Harvard and his undergraduate degree from the
274:- the genesis of what is today one of the largest GM agencies in the world. During this period, the group became known as Yusuf Ahmed Alghanim & Sons.
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Alghanim
Industry has multiple subsidiary companies across the globe including their Family Service office located in New York, NY.
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According to the Kuwait
General Department of Residency, the Alghanim family first business was sheep breeding and selling. In the
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in 2003, the company formed marketing collaborations and strategic alliances with corporate giants such as
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and gas, Projects engineering, Shipping and transportation, Talent development, Travel
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420:"Arabian Business - Inside the Mind of Omar Alghanim, 16-02-2015"
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One of the key steps in this expansion was an association with
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531:"Welcome to Alghanim Industries, Kuwait - Alghanim Industries"
507:"Welcome to Alghanim Industries, Kuwait - Alghanim Industries"
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463:"Art of Copying (Arabian Business)- Alghanim Industries"
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is one of the largest privately owned companies in the
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343:He was succeeded as CEO of Alghanim Industries by
483:"Alghanim Industries names Mahmoud Samara as CEO"
595:Financial services companies established in 1932
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443:"AI Organizational Announcement, 17-12-2019"
133:The firm has established strongholds in the
580:Conglomerate companies established in 1932
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243:Learn how and when to remove this message
301:Throughout the 1990s and following the
270:to introduce American-made vehicles in
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181:adding citations to reliable sources
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556:"Hackers-for-Hire Are Easy to Find"
64:Al Hamra Tower, Kuwait City, Kuwait
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192:"Alghanim Industries"
177:improve this article
377:Gulf Bank of Kuwait
257:Persian Gulf region
120:Alghanim Industries
96:Number of employees
78:), Mahmoud Samara (
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170:verification
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61:Headquarters
31:Company type
345:Samir Kasem
135:Middle East
90:Diversified
35:Joint Stock
574:Categories
540:2024-02-23
516:2024-02-23
492:2024-01-16
468:2008-07-31
448:2020-07-17
425:2016-05-22
402:2024-01-16
383:References
296:Frigidaire
203:newspapers
70:Key people
311:Whirlpool
371:See also
303:Iraq War
233:May 2016
87:Products
76:Chairman
56:, (1932)
41:Industry
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108:Website
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355:Today
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139:India
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