Kuwaiti businessman Nasser Mohammad Abdulmohsen Al-Kharafi, aged 67, passed away on Sunday after a heart attack, in Cairo. The late businessman was among Kuwait's elite in the field and head of the Kharafi Group, set up in the 1970s, grouping a large number of companies offering services in the fields of engineering, construction, maintenance, and other services in the fields of oil, water resources and management, chemicals, power and energy, and food.
The deceased managed to make the group a giant outfit within the Arab World and Middle East region. The Group handles many main projects across the world.
Al-Kharafi was also among the founders of National Bank of Kuwait (NBK), served as member of the board, and was also member of many companies' boards of directors. He was awarded many honors including Jordan's Independence Medal by King Abdullah II in 2004 in appreciation of his many contributions to Arab economy and business and his leading role in encouraging investment in Jordan.
The late figure had also been honored by the Federation of Arab Engineers in Damascus 2007 in recognition of the group's key projects across the Arab World in the fields of development, economy, tourism, and engineering.
He was also a holder of an honorary doctorate from the American University in Beirut in recognition of his status as a pioneering businessman and figure in the field of economy and investment.