Skip to content

Kuwaiti Conglomerate Alghanim Industries Weighs $1 Billion IPO

  • Family-owned firm is working with Credit Suisse on IPO plans
  • Alghanim seeking to appoint other banks on potential listing
Vehicles travel along Jahra Road towards central Kuwait City, Kuwait.

Vehicles travel along Jahra Road towards central Kuwait City, Kuwait.

Photographer: Bassam Zidan Ahlawy/Bloomberg
Updated on

Sign up for our Middle East newsletter and follow us @middleeast for news on the region.

Alghanim Industries Ltd., one of the largest privately-owned firms in Kuwait, is seeking to raise about $1 billion from a potential initial public offering, people familiar with the matter said.