THE MIDDLE EAST’S

42. Talal Jassim Al-Bahar
Designation : Vice Chairman & CEO
Company: Kuwait Real Estate Company (AQARAT)
Headquarters: Kuwait
Established : 1972
AQARAT was the first real estate company to be listed on Boursa Kuwait in 1984. It provides residential buildings, offices, retail spaces, and facility management. In the first nine months of 2024, AQARAT had $1.4 billion in assets and profits of $41.5 million. In January 2025, AQARAT, in collaboration with IFA Hotels and Resorts, launched the Al Tay Hills project in the U.A.E., covering over six million square feet. The $953 million project secured real estate deals worth $571.8 million in one week. Al-Bahar is also the chairman of IFA Hotels & Resorts and a board member of the Commercial Real Estate Company (Al-Tijaria).