THE MIDDLE EAST’S

53. Abdulmutaleb Marafie

Designation: CEO
Company: The Commercial Real Estate Company (Al Tijaria)
Country: Kuwait
Establishment Date: 1968

Al Tijaria’s subsidiaries include Mozon Investment Holding, the Al Mutajara Real Estate Company, Bayan Realty, and Kuwait Commercial Markets Complex Company. Its portfolio includes residential properties, malls, restaurants, office towers, and the 353,000-square-meter Boulevard Ballroom. It has international investments in Germany, the U.S., France, Morocco, and Bahrain, among others. In the nine months of 2023, the company reported $35.2 million in net profits and total assets worth $1.8 billion. Al Tijaria had a market cap of $578 million as of November 14, 2023.