THE MIDDLE EAST’S

79. Gulf Bank

Country: Kuwait
Sector: Banks & Financial Services
Acting CEO: Waleed Mandani
Market Value: $3.2 billion
Sales: $1.3 billion
Profits: $231 million
Assets: $23.3 billion

Established in 1960 and listed on the Boursa Kuwait in 1984, Gulf Bank today has over 50 branches and 300 ATMs in Kuwait. In November 2023, the bank launched the Gulf Capital Investment Company to oversee assets worth $3.2 billion. In February 2024, Gulf Bank opened its first environmentally friendly branch in Sabah Al-Ahmad city.