Nermeen Abbas

<p>From a currency exchange business in Jeddah, SEDCO has evolved into a multi-billion-dollar investment group. Today, under the chairmanship of Yaser Bin Saleh Binmahfouz, the third generation is redefining the group as a more institutional, globally connected, and governance-driven investment powerhouse.</p><p></p>

<p>UAE-based business-to-business (B2B) embedded finance platform Comfi has secured $65 million in a Pre-Series A funding round, comprising $5 million in equity financing and $60 million in debt facilities.</p>

<p>Kuwait is represented by six companies on Forbes Middle East’s MENA’s 100 Most Valuable Companies 2026 list, boasting a combined market capitalization of $101.3 billion—$96.8 billion of which comes from the nation’s five most valuable listed firms. Banks dominate the top three positions, led by Kuwait Finance House (KFH), the country’s most valuable company at $47.6 billion, which accounts for roughly half of the top five’s total value.