Established as a trading company supplying equipment to the oil industry in Kuwait, today BoodaiCorp manages investments in trading, media, public transport, aviation, logistics, engineering, and construction. It employs more than 7,000 people. The group has investments in Jazeera Airways, Alrai Media, Alrai TV, Hilal Cement Company, and Atlas Commercial Company, among others. Jazeera Airways had a market cap of $1.4 billion as of July 4, 2023, and recorded $157 million in revenues in Q1 2023. In March 2023, Jazeera Airways announced that it was establishing a new air transportation company in Saudi Arabia, with plans to expand its fleet to 23 by the end of 2023.