M. A. Kharafi & Sons

{{Short description|Private company based in Kuwait}}

{{Multiple issues|

{{more citations needed|date=April 2013}}

{{Update|date=October 2019}}

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{{Infobox company

| name = Mohamed Abdulmohsin Al Kharafi and Sons Company
مجموعة الخرافي

| logo =

| type = Private (Limited Liability)

| genre =

| foundation = 1956

| founder =

| location_city =

| location_country =

| location = Safat, Kuwait City, Kuwait

| locations =

| area_served = Africa, Middle East, Albania, Belize, Bulgaria, Indonesia, Kazakhstan, Maldives & Netherlands

| key_people = Nasser Al-Kharafi (chairman){{wbr}} &{{wbr}} (president)
Fawzi Al-Kharafi (CEO)

| industry = Conglomerate

| products = Aluminum, Asphalt, Computer, Concrete, Fertilizer, Food, Prefabricated construction supplies, Real Estate, Steel, Telecom, Wastewater treatment plants

| services = Airlines, Airports, Broker, Hotels, Travel services agents

| market cap =

| revenue = US$ 4.5 Billion (2008)

| operating_income =

| net_income =

| assets =

| equity =

| owner =

| num_employees = 20,000 (2008)

| parent =

| divisions =

| subsid =

| homepage = [http://www.makharafi.net/ makharafi.net]

| footnotes =

| intl =

}}

M.A. Kharafi & Sons (Mohammed Abdulmohsin Al-Kharafi & Sons W.L.L., {{langx|ar|مجموعة الخرافي}}) is a private company based in Kuwait with a variety of commercial interests and revenues for 2006 estimated at $3.3 billion.{{citation needed|date=April 2013}} The company was run by Nasser Al-Kharafi until his death in 2011. On 15 April 2006, the US doughnut retailer Krispy Kreme announced that M.A. Kharafi & Sons bought a 6.7 percent stake, or 4.13 million shares.{{citation needed|date=April 2013}} Al-Kharafi is also a supplier and integrator to the newspaper industry in Kuwait. In 2011 the Kharafi family was listed at 77th position in Forbes magazine's list of the world's richest people.{{Cite web |title=Nasser Al-Kharafi & family |url=https://www.forbes.com/profile/nasser-al-kharafi/#23310756188d |access-date=25 June 2023 |website=Forbes}}{{Cite news |last=Goma |first=Eman |last2=Nair |first2=Dinesh |date=17 April 2011 |title=Major Kuwaiti conglomerate Kharafi Group's chairman dies |work=Reuters |url=https://www.reuters.com/article/idINIndia-56385720110417 |url-status=live |access-date=25 June 2023 |archive-url=https://web.archive.org/web/20230328121444/https://www.reuters.com/article/idINIndia-56385720110417 |archive-date=28 March 2023}}

The company was founded by Mohamed Abdul Mohsen Al Kharafi in 1956 as a contracting company.{{Cite web |last=Farid |first=Sonia |date=19 April 2011 |title=Kuwaiti billionaire Nasser al-Kharafi is mourned widely |url=https://english.alarabiya.net/articles/2011/04/19/145958 |url-status=live |archive-url=https://web.archive.org/web/20230611212249/https://english.alarabiya.net/articles/2011/04/19/145958 |archive-date=11 June 2023 |access-date=25 June 2023 |website=Al Arabiya English}}

The company sold its shares in Americana to Mohamed Al Abbar, (who is one of the founders of Emaar) in 2016 for $2.3 billion.{{Cite web |title=Fawzi Al-Kharafi |url=https://www.forbes.com/profile/fawzi-al-kharafi/#449ea8bc683b |access-date=25 June 2023 |website=Forbes}}

In May 2015, Fawzi Al-Kharafi was delegated and assigned by the family as a chairman and president following the death of Jassim.{{Cite web |date=31 May 2015 |title=الكويت.. مجموعة الخرافي تنهي الجدل حول مستقبل أعمالها بعد وفاة الشقيقين ناصر وجاسم |trans-title=Kuwait. Al-Kharafi Group ends the controversy over the future of its business after the death of the two brothers, Nasser and Jassem |url=https://arabic.cnn.com/business/2015/05/31/kuwait-alkharafi |url-status=live |archive-url=https://web.archive.org/web/20230324202707/https://arabic.cnn.com/business/2015/05/31/kuwait-alkharafi |archive-date=24 March 2023 |access-date=25 June 2023 |website=CNN Arabic |language=ar}} He died in 2021.{{Cite web |last=Al-Samman |first=Alaa |date=13 December 2021 |title=ترأس مجموعة العائلة منذ مايو 2015 فوزي الخرافي يترجّل بعد مسيرة اقتصادية ناجحة |trans-title=Head of the family company since May 2015 Fawzi Al-Kharafi dies after successful economic career |url=https://www.alraimedia.com/ampArticle/1567439 |url-status=live |archive-url=https://web.archive.org/web/20230422023246/https://www.alraimedia.com/ampArticle/1567439 |archive-date=22 April 2023 |access-date=25 June 2023 |website=Al Rai (Kuwaiti newspaper) |language=ar}}