Fouad Mohamad Thunayan Alghanim (Arabic: فؤاد محمد ثنيان الغانم), is a Kuwaiti businessman who is the founder and Chairman of ''Fouad Alghanim & Sons Group of Companies'', one of the largest conglomerates in Kuwait. The company has grown during the last fifty years into one of the largest corporations with interests in Engineering, Construction, Power, Oil and Gas, Automotive, Investment, Trading, Shipping, Aviation, Telecom, Hospitality and Real Estate.
Fouad Alghanim is also a Chairman at Advanced Technology Co. KSCC, a Member at Forum Mondial de L'Economie, a Member at US Middle East Project, Inc, and a Member of the International Council at
Belfer Center for Science & International Affairs
The Robert and Renée Belfer Center for Science and International Affairs, also known as the Belfer Center, is a research center located within the Harvard Kennedy School at Harvard University, in the United States. From 2017 until his death in Oc ...
. ''Alghanim'' was previously employed as a Vice Chairman by ILAF Takaful Insurance KSCC. He also served on the board at First International Merchant Bank Plc and Kuwait Finance & Investment Co KSCC.
Family
He is the brother of
Ali Mohamad Thuyman Alghanim the Chairman of the
Kuwait Chamber of Commerce and Industry and the paternal uncle of
Marzouq Alghanim who is the current speaker of the
Kuwait National Assembly
The National Assembly ( ar, مجلس الأمة) is the unicameral legislature of Kuwait. The National Assembly meets in Kuwait City. Political parties are illegal in Kuwait, candidates run as independents. The National Assembly is made up of 50 ...
.
Education
Alghanim received an undergraduate degree from
Kuwait University
Kuwait University ( ar, جامعة الكويت, abbreviated as Kuniv) is a public university located in Kuwait City, Kuwait.
History
Kuwait University (KU), (in Arabic: جامعة الكويت), was established in October 1966 under Act N. 29 ...
and a graduate of
Iowa State University
Iowa State University of Science and Technology (Iowa State University, Iowa State, or ISU) is a public land-grant research university in Ames, Iowa. Founded in 1858 as the Iowa Agricultural College and Model Farm, Iowa State became one of the ...
, where he earned a B.SC in Sciences and
Humanities
Humanities are academic disciplines that study aspects of human society and culture. In the Renaissance, the term contrasted with divinity and referred to what is now called classics, the main area of secular study in universities at the t ...
.
Controversy
Offshore Leaks
According to
Offshore Leaks, a report prepared by an
International consortium of investigative journalists
The International Consortium of Investigative Journalists, Inc. (ICIJ), is an independent global network of 280 investigative journalists and over 140 media organizations spanning more than 100 countries. It is based in Washington, D.C. with ...
in more than 65 countries who collaborated on in-depth investigative stories, the company Fouad Alghanim & Sons Group of Companies has been using offshore accounts in Panama. The company's name was featured in a leak of confidential records.
Tax Dispute in Jordan
In 2013, Alghanim submitted a tax dispute with the Government of Jordan to arbitration under the auspices of the International Centre for Settlement of Investment Disputes. The arbitration panel found in favor of the Government of Jordan.
Eurofighter involvement
In 2016, Kuwait signed a contract with Leonardo, an Italian defense contractor, to purchase 28 Eurofighter Typhoons.
Fouad Alghanim was a member of the Kuwait resistance during the occupation of Kuwait by Iraq in 1990. He has remained active in Kuwait defense matters and advocated the purchase of the Eurofighter as part of Kuwait's defense strategy.
References
{{DEFAULTSORT:Ghanim, Fouad Mohammed Thunayan
Kuwaiti businesspeople
1944 births
Living people