Afkar Holding Company KSCC is a Kuwaiti Closed Shareholding Company established in 2006, operating as a diversified conglomerate with strategic investments across the manufacturing and retail sectors, primarily in food and paper products, with operations in Kuwait and the Kingdom of Saudi Arabia. The Company was founded with a clear mandate to build a sustainable investment platform focused on long-term value creation, operational excellence, and regional expansion.
Afkar Holding owns and manages a diversified portfolio of subsidiaries and associate companies engaged in various consumer goods and retail segments. Its growth strategy centers on disciplined acquisitions, expansion into new markets, optimization of existing operations, and active portfolio management to enhance efficiency, strengthen market positioning, and maximize shareholder value.
The Company maintains full ownership of Watania Paper Products Company, Light Food Company (Mickey Chips), Storia Wholesale and Retail Company, TAWA Sweets, and Snackers Company. It also holds associate stakes in Soulmate Company (Protein Chocolates) and Gulf Industrial Development Co. in Saudi Arabia. Further strengthening its regional footprint, Afkar expanded through the acquisition of Al Kishawi Mills, reinforcing its presence in the food production value chain.
Through prudent capital allocation, structured governance, and continuous operational development, Afkar Holding provides strategic oversight and financial guidance to its subsidiaries and associates. With a diversified portfolio and a clear expansion roadmap, the Company continues to solidify its position as a leading regional player in the consumer goods and manufacturing sectors while delivering sustainable growth and long-term returns to its stakeholders.
Fore more details, please visit: www.afkarholding.com
