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About Mabanee
Who We Are

Mabanee is a leading real estate developer and partner. We deliver exciting, innovative projects that create value for our shareholders and the communities in which we operate and serve. Since 1999, Mabanee has been listed on the Kuwait Stock Exchange (Boursa Kuwait) and is part of the Premier Market Index, as well as more recently, the MSCI Index. As of the end of December 2025, Mabanee’s market capitalization reached KD 1.504 billion (approximately USD 4.90 billion). 

Mabanee operates in key sectors:

Developing mixed-use destinations

Operating and managing shopping malls

Designing and managing projects

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Chairman's Statement
A Message From The Chairman
Mohammed Abdulaziz Alshaya
Chairman

Dear Esteemed Shareholders,


On behalf of the Board of Directors, I would like to extend my sincere gratitude for your continued trust and support. I am pleased to share the Annual Report for the financial year ending on December 31st, 2025, which highlights the company’s performance and results, along with updates related to the progress of our developments.

Board & Management
Board of Directors
Executive Management
Mohammed A. Alshaya
Chairman of Board of Directors
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Mohammed A. Latif Alshaya
Vice-Chairman
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Abdullah A. Latif Alshaya
Member of the Board of Directors
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Ayman A. Latif Alshaya
Member of the Board of Directors
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Azzam A. Al Fulaij
Member of the Board of Directors
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Mohammed Rashid Al-Mutairi
Member of the Board of Directors
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Dr. Rana Abdullah Alfares
Member of the Board of Directors
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Mr. Waleed Khaled Alsharian
Chief Executive Officer
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Mr. Tareq Abdulwahab AlAdsani
Deputy Chief Executive Officer
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Mr. Saud Abdulmohsin Al Zabin
Chief Administrative Officer
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Mr. Waleed Khaled Al Fahad
Chief Operating Officer
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Mr. Sulaiman Mohammed Alrubaie
Chief Investment Officer
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Mr. Abhishek Rastogi
Chief Financial Officer
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Awards
PRIDE IN OUR ACHIEVEMENTS
Health-Enhanced Shopping Mall Project
The Avenues Receives the Diamond Classification Under the Health-Enhanced Shopping Mall Project
LEED Gold Certification
As part of its continued commitment to adopting best sustainability practices, The Avenues has become the first shopping mall in Kuwait to achieve the LEED Gold certification for Leadership in Energy and Environmental Design, awarded by the U.S. Green Building Council (USGBC).
LEED Gold Precertification- Souk Sabah
Souk Sabah project received a precertification from the Gold category from the US Green Building Council (USGBC), which indicates that the project is on track to become a green, sustainable, LEED-certified building.
Aventura - LEED precertification
Aventura received a precertification from the Gold category from the US Green Building Council (USGBC), which indicates that the project is on track to become a green, sustainable, LEED-certified building.