Drea Knufken
The Kuwaiti oligarch chairs M.A. Kharafi & Sons (MAK Group), which runs more than 100 business in eastern Europe, the Middle East, and Africa, according to Forbes. MAK has massive holdings in construction, manufacturing, investment, telecom, hotels, food, manufacturing, fertilizers, and several other industries.
Through its Americana goods group, MAK runs brands including KFC, Pizza Hut, TGI Friday’s, and Krispy Kreme http://www.makharafi.net/share1.html in the Middle East. MAK used to own a major stake in Kuwait’s biggest mobile phone company, Zain, but it’s trying to sell. It also owns significant stakes in Krispy Kreme Donuts and the National Bank of Kuwait. Maybe donuts will be a reception feature at one of its latest projects is a massive tourist resort in Egypt.
