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Fouad M.T. Alghanim

Fouad M.T. Alghanim is the Chairman of Fouad Alghanim & Sons Group of Companies, a multinational, multi-operational body of companies consisting of a number of fully independent divisions as well as fully and partly owned subsidiary companies based in the U.S., Europe, Australia, Asia, Africa and the Middle East.  The Group engages in a number of diverse commercial enterprises including manufacturing, civil construction, contracting, installation and maintenance of all forms of mechanical, electrical and electronic equipment, investment project management, hotel ownership, telecommunications engineering and management, aviation projects, real estate development, industrial production and general contracting, in both the local and international arenas and direct representation of multinational commercial contractors

 

Mr. Fouad Alghanim introduced mobile phones to Kuwait in the early 1970s, and was the founder member of the largest cellular company in the Middle East in 1983, MTC (Mobile Telecommunications Company) now called ZAIN where he served as Vice Chairman from 1983 to 1997. He was also the co-founder and major partner & Chairman of the Cellular Company UMNIA Telecommunication Company in Jordan.

 

As the owner of Alghanim International, he steered this civil contracting company to becoming one of the largest power construction companies in the Gulf with a total erected Megawatt capacity of more than 3500MW, with a multi-billion dollar annual turnover and earned the distinction of being the only EPC Contractor in the power generation sector in Kuwait.

 

Fouad Alghanim & Sons Group consists of more than 40 Companies some of which are listed below:

 

  • Alghanim International General Trading & Contracting Co. Civil and electro-mechanical engineering contractors, a First Category Contracting Company in Kuwait.
  • Fouad Alghanim & Sons General Trading & Contracting Co. National & international investments including banking and industry & manufacturers representation.
  • Fouad M.T. Alghanim Est. Consultancy services and manufacturers representation.
  • Gulf Technology Electronics & Systems Co. Defense projects, security systems, system integration, logistics, installation services and manufacturers representation.
  • Gulf Communication & Electronics Co. Communications, systems engineering & design, security systems and other intelligence devices.
  • Riham General Trading & Contracting Co. Logistical support services, sponsoring services, installation and erection services, general trading & contracting.
  • Alghanim Group of Shipping & Transport Co. Professional and comprehensive services in all aspects of shipping, container handling, LCL and airfreight, warehousing, brokering, customs clearance, hauling and packing, representation of various international shipping lines and management of its own bulk carrier shipping fleet.
  • Kuwait Network Electronics Technology Co. Turnkey solution provider for expansion and maintenance of all types of major telecom projects, including telecommunication networks and systems, copper and fiber optic networks, digital equipment supply, installation, repair and maintenance services, design, supply and installation of WANs, LANs and fiber optics back-bone networks and fiber optic links, and all maintenance works associated with communication networks, with operations in the Gulf States and Levant countries.
  • Al Redab Real Estate Co. Owners and developers of properties in Kuwait and abroad, providing the full scope of services from feasibility studies, financial cost appraisals, tender evaluation, project management and risk management services.
  • Kuwait International Aircraft Leasing Co. Charter operations of business jets and aircraft management services, helicopter services for offshore oil platforms.
  • United Aluminium and Metal Coating & Manufacturing Co. Design, manufacture, supply and installation of aluminium and glass for all class of building projects.
  • Fouad Alghanim & Sons Automotive Co. Distributors for Audi, Skoda and Lamborghini cars and military HMVEEs.
  • Kuwait Finance Investment Co. (KIFIC) Fouad Alghanim is one of the major shareholders.
  • Gainjet Aviation. Company majority owned by Fouad Alghanim & Sons.  Private jet charter, owning several planes ranging from Gulfstreams to Boeings and Falcons.
  • Jet Alliance AG, Austria. Major shareholder.

 

Mr. Alghanim holds the following positions in the Group:

 

  • Chairman, Advanced Technology Company, Kuwait. One of the largest health-care equipment suppliers and service providers enjoying over 50% of the market share in Kuwait.  (Fouad Alghanim & Sons Group is the major shareholder in this Company).
  • Chairman, Energy International Petroleum Projects Company, Kuwait. Company specializing in oil exploration and production, trading of crude, gas, petrochemicals and derivatives; providers of marketing services to international EPC contractors.
  • Chairman, Kuwait International Aircraft Leasing Company. A specialised company in the field of international aviation, business jets operations.
  • Member of the Board, Kuwait German Holding (Investment) Company.             
  • Member of the Board, First International Merchant Bank Ltd., Malta

 

Other Positions Held:

 

  • Member, Council of Foreign Relations, U.S.A                                                 
  • Member, U.S Middle East Project, U.S.A                 
  • Member, International Conference Board, U.S.A
  • Member, Society for the Care of Arab Children
  • Member, Advisory Board, Medis Technologies Ltd., U.S.A
  • Member, World Economic Forum
  • Member, International Council of the Belfer Center for Science and International Affairs, U.S.A
  • Founder Member, Global Anti-Corruption Education & Training (ACET) initiative, ACSE Foundation, U.S.A
  • President of Kuwait Russia Business Council

 

Education    1966 – Iowa State University, Iowa

                      B. Sc. In Sciences and Humanities