Forbes Middle East has honored seven Kuwaiti real estate executives among the region's most influential real estate leaders in 2025, according to Al-Seyassah daily. This recognition reflects Kuwait’s expanding footprint in the competitive Middle East property market.

Leading the list for Kuwait is Waleed Khaled Alsharian, CEO of Mabanee Real Estate Company, who secured the 27th overall spot. Since taking the helm in 2006, Alsharian has been instrumental in transforming Mabanee into a regional powerhouse. The company, listed on the Kuwait Stock Exchange since 1999, is best known for developing landmark projects such as:

• The Avenues
• Hilton Garden Inn
• Waldorf Astoria Kuwait

As of 2024, Mabanee's total assets were valued at $5.1 billion, generating $431.1 million in revenues.

Other Kuwaiti Leaders on Forbes’ 2025 List

Talal Jassem Al-Bahar – Kuwait Real Estate Company

Ranked 42nd overall, Talal Jassem Al-Bahar is the Vice Chairman and CEO of Kuwait Real Estate Company, the first real estate firm listed on the Kuwait Stock Exchange in 1984. By 2024, the company reported:

• Assets: $1.4 billion
• Profits: $41.5 million

Faisal Jameel Al-Essa – National Real Estate Company

Taking the 44th spot, Faisal Jameel Al-Essa has been the CEO of National Real Estate Company since 2018. In the first nine months of 2024, the company recorded:

• Revenues: $56.8 million
• Assets: $1.8 billion (as of September 2024)

Abdulmutaleb Marafie – Commercial Real Estate Company

Ranked 51st overall, Abdulmutaleb Marafie leads Commercial Real Estate Company, which owns prominent properties such as:

• Al-Tijaria Tower
• Symphony Style Hotel and Complex

In 2024, the firm posted $101.6 million in revenues and $1.9 billion in assets.

Abdulaziz Ghazi Alnafisi – Al-Salhiya Real Estate Company

Listed 56th, Abdulaziz Ghazi Alnafisi became CEO of Al-Salhiya Real Estate Company in 2022, following a long tenure as Executive VP. As of March 2025, the company reported:

• Assets: $1.7 billion
• Market Capitalization: $780.2 million

Khalid Al-Mashaan – Al-Argan International Real Estate Company

Coming in at 81st, Khalid Al-Mashaan, the founder and CEO of Al-Argan International Real Estate Company, has led the firm since its inception in 1994. In 2024, the company reported:

• Assets: $847.4 million
• Profits: $6.9 million

Abdulrahman Hamad Al-Terkait – Argan Kuwait Real Estate Company

Ranked 97th, Abdulrahman Hamad Al-Terkait became CEO of Argan Kuwait Real Estate Company in 2016. Under his guidance, the company generated $29.5 million in revenues in 2024.

Kuwait’s Real Estate Sector on the Rise

The inclusion of these industry leaders in Forbes’ prestigious 2025 list underscores Kuwait’s growing influence in the Gulf real estate sector. Their leadership not only reflects strong financial performance but also highlights visionary urban planning and development across residential, commercial, and hospitality projects.