Kutayba Alghanim, the Chairman of Alghanim Industries, is a transformative figure in the company’s evolution. Under his leadership, Alghanim Industries has transitioned from a traditional regional player to an innovative, modern corporation that emphasizes global best practices and attracts world-class talent, setting new standards for businesses across the region. Rejecting outdated business norms, Kutayba has cultivated a culture that draws in top talent, rewards merit, embraces technology, and encourages creative thinking—all aimed at gaining a competitive edge. His approach has often challenged conventional wisdom in Kuwait, fostering a shift toward a more contemporary business environment throughout the region. As Chairman, Kutayba plays a crucial role in shaping the company’s vision and strategy, ensuring its ongoing growth and prosperity. The legacy of Alghanim Industries traces back to Kutayba’s grandfather, Ahmed Alghanim, who initially made his mark as a pearl merchant. Ahmed built a thriving pearl-diving enterprise, employing divers to harvest oysters. As demand surged—his pearls were among the finest in Kuwait—he expanded his fleet of dhows, traditional Kuwaiti sailing vessels, to meet the growing needs of the market. The business flourished until a devastating typhoon struck in 1925, destroying Ahmed’s fleet. Rather than starting from scratch, Kutayba’s grandfather seized a new opportunity in Kuwait’s burgeoning demand for building materials, establishing a timber business that once again thrived.
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