THE MIDDLE EAST’S
50. Mahmoud Dawood Al Marzouq
Designation: CEO
Company: Tamdeen Real Estate Company
Country: Kuwait
Establishment Date: 1982
Tamdeen Real Estate Company was founded in 1982 and was acquired by the Tamdeen Group in 1996. The company owns 55.94% of the Tamdeen Investment Company. Its major shareholders are the Kuwait National Cinema Co., the Tamdeen Holding Group Co. and the Allied Parties, and Meshaal Jassim Khaled Al-Marzouq. In the first nine months of 2023, it recorded $58.9 million in revenues and total assets worth $1.9 billion. The company had a market cap of $496.4 million as of November 14, 2023.