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About Mabanee
Who We Are

Mabanee is a leading real estate developer and partner with a paid-up capital of 140 million Kuwaiti dinars. 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.

Mabanee operates in key sectors:

Developing mixed-use destinations

Operating and managing shopping malls

Designing and managing projects

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WHO WE ARE IMAGE
Chairman's Statement
A Message From The Chairman
Mohammed Abdulaziz Alshaya
Chairman

Dear Esteemed Shareholders,


On behalf of my fellow members of the Board of Directors, I would like to extend my sincerest gratitude for your trust and continued support, and I am pleased to share the Annual Report for the financial year ending on December 31st, 2024, which includes the company’s performance, financial results, and major developments for the year.

Board & Management
Board of Directors
Executive Management
Mohammed A. Alshaya
Chairman of Board of Directors
...
Mohammed A. Latif Alshaya
Vice-Chairman
...
Abdullah A. Latif Alshaya
Member of the Board of Directors
...
Ayman A. Latif Alshaya
Member of the Board of Directors
...
Azzam A. Al Fulaij
Member of the Board of Directors
...
Mohammed Rashid Al-Mutairi
Member of the Board of Directors
...
Dr. Rana Abdullah Alfares
Member of the Board of Directors
..
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
LEED Gold Precertification- Souk Sabah
حصول مشروع سوق صباح على شهادة ما قبل الاعتماد الأولية من الفئة الذهبية من مجلس المباني الخضراء الأمريكي (USGBC)، وهو ما يمنح المشروع الضوء الأخضر باتباعه الطريق الصحيح نحو الريادة كمبنى أخضر مستدام وحاصل على شهادة LEED.
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.
Excellence Awards
The Avenues obtained 3 medals within the Health Promoting Mall Initiative from the Healthy Cities Office - Ministry of Health in the State of Kuwait - for its excellence in: 1- Waste management. 2- Security, safety, and emergency procedures. 3- Community services (citizen service).
LEED Award - 2025
The Avenues is the first mall in kuwait to obtain the silver LEED certification. LEED is an international certification in Leadership in Energy & Environmental Design.