Gulf Cable and Electrical Industries

Two Kuwaiti merchant families hold the dominant stakes: the Al-Kharafi family's 23.73 percent via Al Khair Global for Buying & Selling Shares, and the Juhail family's 12.07 percent via Ejabi Holding Co. Founder Bader Naser Al-Kharafi remains the key strategic figure as Chairman of the Nomination & Remuneration Committee, with Asaad Ahmed Omran al-Banwan serving as Chairman of the Board and Juhail Mohammad AbdulRahman Al-Juhail as Vice Chairman.

Gulf Cable operates a hybrid model. Its core business manufactures high-voltage, medium-voltage, and low-voltage cables from plants in Kuwait and Jordan, generating steady cash flow from utility and industrial contracts. Its corporate treasury deploys retained earnings into direct investments in regional energy infrastructure, industrial real estate, and downstream electrical assets—effectively operating as a permanent-capital investment platform alongside the manufacturing business.

The firm concentrates its investment and operational footprint across the Gulf and Levant, with confirmed activity in Kuwait, Jordan, Saudi Arabia, and Iraq. Its manufacturing base in Sulaibiya, Kuwait, and Mafraq, Jordan, provides local operating postures in two distinct regulatory frameworks.

Gulf Cable is listed on Boursa Kuwait's Premier Market, the exchange's elite tier for companies meeting elevated disclosure, liquidity, and governance standards. This imposes periodic public reporting requirements unusual for a family-controlled GCC industrial holding company, offering outside allocators a level of visibility into financials and governance that privately held peers do not provide.

Gulf Cable's product line and investment activity intersect with the region's energy-transition buildout, as its high-voltage cables form critical components of solar and wind farm interconnections. The firm is positioned as a supplier and potential co-investor in the GCC's expanding renewable-grid tenders, though specific project-level commitments are not publicly itemized.

Gulf Cable is a distinct publicly listed entity controlled by Bader Naser Al-Kharafi through the Al Khair Global holding vehicle. It sits alongside—but operates independently from—other Al-Kharafi family interests, which span food and beverage, engineering, and hospitality across the Middle East and Africa. The family wealth originated from the trading and contracting conglomerate built by Nasser Al-Kharafi.

Yes, the Gulf Cable CSR Program directs philanthropic capital toward community infrastructure projects within Kuwait. The program is distinct from the company's investment treasury and manufacturing operations, though specific grant sizes and beneficiary organizations are not publicly itemized in English-language disclosures.