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The article discusses the revocation of Kuwaiti citizenship from businessman Mahmoud Haider and explains that his economic activities began with gold trading before expanding his investments into banking, real estate, energy, and healthcare sectors through a network of family-owned companies. It is noted that his wealth associated with this network is estimated at approximately $1.6 billion, and that his assets include companies, properties, and investments. The article provides details about "Al Zumurra Holding" and its investments in banks, energy companies, and the healthcare sector. It also mentions the precautionary measures taken against his assets and funds, despite the absence of recent official financial statements detailing his net worth. The piece concludes by clarifying that Haider’s beginnings were in gold trading, before building a vast investment network in Kuwait.
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