BoodaiCorp has been in the GCC for more than 70 years, having been established in the mid-1950s in Kuwait. It has businesses in sectors such as logistics, media, transportation, trading, aviation, and engineering services. It employs more than 7,000 people and manages a portfolio of direct investments that provide an aggregate turnover of more than $1 billion. Its subsidiaries include Jazeera Airways, Gulf Engineering Company, Alrai Media Group, and Hilal Cement Company. BoodaiCorp is the majority owner of Jazeera Airways, with a 54.4% stake as of February 2024. Jazeera Airways recorded a 30.6% increase in passenger numbers in 2023, reaching 4.7 million passengers.