Article

Tuesday, March 18, 2025
search-icon

Making tens of millions in honesty and honor

publish time

18/03/2025

publish time

18/03/2025

Making tens of millions in honesty and honor

I BEGAN my business career more than half a century ago. It has been a rich and enjoyable journey, most of which was spent with partners with whom I established many companies in Kuwait, Dubai, and London. I earned their trust and maintained lasting friendships with all of them. Throughout this time, I consistently generated substantial profits, and at times, fair gains for everyone involved. My partners came from various backgrounds, including Kuwaiti, Palestinian, Lebanese, Jordanian, Muslim, and Christian. Among them, Suleiman Al-Subaihi, Abdulaziz Al-Mukhaizeem, Hussein Abdullah Al-Amir, and Ghanem Saqr Al-Ghanem have passed away. Most, however, are still with me, such as Mohammad Abdul Latif Al-Mutawa, Yaqoub Al- Jouan, Samir Rahhal, Marwan Haddad, Abdul Redha Khorshid, Hisham Al-Sultan, and Moez Ali.

These are the names that my memory can recall at this moment. My experience in establishing the National Medical Company more than 35 years ago was the most exciting, successful, and long-lasting one. With the necessary support of the company’s partners and senior employees, particularly expatriates, I was able to achieve net profits of nearly KD 35 million, which were distributed among the partners. Also, the company was recently valued at KD 14 million by independent consulting firms, to sell shares to serious investors. This huge achievement began with an initial capital of just KD 100,000!

Three reasons behind recounting these events: First: On the occasion of my decision to voluntarily step away from all my professional, commercial, and investment commitments after 60 wonderful years. Second: To respond to the spontaneous comment made by a dear friend regarding something a former media figure said in a television interview. In that interview, the interviewee claimed he had succeeded in imposing himself due to his eloquent speech. He said ministers used to fear him to the point where they would immediately answer his calls. He revealed that he exploited his position to advance his interests and those of his children, attributing all of this to the ministers’ fear of him, not out of respect for him. According to him, he holds no academic certificates, and his father came from humble beginnings.

My friend’s comment, “Well done... man!” pushed me to write this article to show him that success can also be achieved in other ways. Third: To respond to the attempts of certain individuals, whom I believe may be suffering from psychiatric disorders, to tarnish my reputation and spread false, malicious accusations against me. These include claims that someone else is responsible for writing my articles, that I was involved in dubious deals during the COVID-19 crisis in collaboration with senior officials of the Ministry of Health, and that I became wealthy through dealings with the American company Halliburton during the 2003 war and other such baseless, vile accusations that are completely unsupported by any evidence.

For more than a quarter of a century, I have been the most outspoken in attacking and criticizing the leaders of religious political parties. However, despite their moral, material, and political power, and their infiltration of many decision-making bodies, they have never been able to find any serious evidence to convict me or my business practices. Desperation led them to attempt to silence me by filing lawsuits against me for what I wrote about them in one of my articles. However, the just judiciary has acquitted me at every stage of the litigation. My humble pen triumphed over all their strength and arrogance. Success in life does not necessarily require a person to be sharp-tongued, corrupt, or bribed. It is entirely possible, especially in Kuwait, to achieve great success without compromising one’s reputation or failing to uphold integrity, both with oneself and others.

By Ahmad alsarraf