Kharafi & Sons (Mohammed Abdulmohsin Al-Kharafi & Sons W.L.L., Arabic: مجموعة الخرافي) is a private company based in Kuwait with a variety of commercial interests and revenues for 2006 estimated at $3.3 billion.
Kharafi & Sons bought a 6.7 percent stake, or 4.13 million shares.
[citation needed] Al-Kharafi is also a supplier and integrator to the newspaper industry in Kuwait.
[3] The company sold its shares in Americana to Mohamed Al Abbar, (who is one of the founders of Emaar) in 2016 for $2.3 billion.
[4] In May 2015, Fawzi Al-Kharafi was delegated and assigned by the family as a chairman and president following the death of Jassim.