# BoodaiCorp

BoodaiCorp is a Single Family Office based in Kuwait City, Kuwait.

## Overview

- **Organization type:** Single Family Office
- **Headquarters:** Kuwait City, Kuwait
- **Region:** Asia
- **Address:** Burj Alshaya, Floor 40, Soor St., Kuwait City
- **Founded:** 1954
- **Assets under management:** Undisclosed
- **Website:** boodaicorp.com
- **LinkedIn:** https://www.linkedin.com/company/boodaicorp

## Regulatory record

- **Reports private funds:** No

## About

BoodaiCorp traces its roots to 1954 when Jassim Boodai established the group in Kuwait. The family built holdings through construction, logistics and trading before expanding into media and transport. Marwan Boodai and Marzouq Boodai now serve on the board alongside professional management. The firm executes direct co-investments and SPVs in private equity. Asset classes include real estate, mobility assets such as Jazeera Airways, media properties and industrial equipment distribution. Geographic focus remains the Middle East with additional exposure to emerging markets. Confirmed holdings include stakes in Hilal Cement Company and partnerships with Rheem, Siemens and multiple airlines through Q’go Group. The portfolio also covers supply chain and logistics platforms. Mishaal Al-Usaimi has served as CEO since 2019. Hany Shawky acts as CIO and sits on boards of Jazeera Airways and City Group. The group maintains no disclosed philanthropic vehicles or additional offices beyond its Kuwait City headquarters. No operational events from the last 24 months appear in public records. BoodaiCorp functions as both owner-operator and investor. Control of operating subsidiaries such as Gulf Engineering Company and Boodai Trading Company supplies proprietary sourcing for new deployments and reduces reliance on external managers.

## Sectors

- Energy Transition & Renewables
- Mobility & Transportation
- Media & Entertainment
- Supply Chain & Logistics
- Industrial Tech
- PropTech
- SpaceTech
- FinTech

## People

- Jassim Boodai — Founder and Chairman of the Board
- Marwan Boodai — Vice Chairman of the Board
- Marzouq Boodai — Corporate Director
- Mishaal Al-Usaimi — Chief Executive Officer
- Mohammed Alghanim — Group Chief Executive
- Hany Shawky — Chief Investment Officer

## Questions

### Who runs investment decisions at BoodaiCorp?

Hany Shawky serves as Chief Investment Officer. Mishaal Al-Usaimi has been CEO since 2019. Both sit on boards of portfolio companies including Jazeera Airways.

### Does BoodaiCorp participate in fund commitments or only direct deals?

The firm executes direct co-investments and SPVs. No third-party fund commitments are disclosed in available records.

### What investment stages does BoodaiCorp typically target?

The firm targets mature operating companies in the GCC with established cash flows and barriers to entry.

### How does BoodaiCorp source proprietary deal flow?

Ownership of subsidiaries in engineering, trading and media provides direct access to opportunities within those sectors and their supply chains.

### Is BoodaiCorp structured as a single family office or does it operate more like a venture firm?

It operates as a single-family office that retains controlling stakes in operating businesses rather than pursuing venture-stage investments.

### Which sectors does BoodaiCorp explicitly avoid?

No explicit exclusions are stated in public materials.

## Related profiles

- [Bonit Capital](https://altss.com/profile/bonit-capital-leksell-family-office)
- [Book Capital Group](https://altss.com/profile/book-capital-group)

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Last updated: 2026-08-10T15:54:10.904Z

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