INTRODUCTION

The Ali Alghanim & Sons Group of Companies was founded in the early 1960's. Over the next thirty years the business expanded and diversified, with the Group in 1990 employing more than two thousand people in Kuwait in automotive sales, service, civil and mechanical contracting, manufacturing, transportation, electrical engineering, electronic engineering, general trading and hotel ownership with turnover of more than $150 million per annum.

In 1990, the Iraqi invasion of Kuwait temporarily suspended the Group's operations within Kuwait and caused substantial damage to the companies premises and operational facilities. The damage and looting of the facilities when valued, reached over $ 50 million.

The Liberation of Kuwait was the begining of a new era in the Groups business activities. The sons of Ali Alghanim now entered the business after completing their education and major adjustments were made to the Kuwait operating companies in order to strengthen the Groups development in preparation for the 21st century.

The Group has now been organised into four main operating companies:

a) Ali Alghanim & Sons Automotive Co.
b) Ali Alghanim & Sons Trading & Contracting Co.

c) Ali Alghanim & Sons General Trading Co.
d) Ali Alghanim & Sons Investment Co.