M. A. Kharafi & Sons

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M.A. Kharafi & Sons (Mohammed Abdel mohsen Al-Kharafi & Sons WLL, Arabic: مجموعة الخرافي) is a large private company based in Kuwait with a variety of commercial interests and revenues for 2006 estimated at USD$3.3 billion. The company is presently run by Nasser Al-Kharafi. On April 15, 2006 US dough-nut giant Krispy Kreme announced that MA Kharafi & Sons bought a 6.7 percent stake or 4.13m shares. Al-Kharafi is also the leading supplier and integrator to the newspaper industry in Kuwait. The Kharafi family was recently listed at 29th position in the Forbes magazine's list of the richest people in the world.