A glimpse into the life of Morad Yousuf Behbehani

Practical Experience: He started helping his late father / Youssef Behbehani in business in the early thirties, and he was not more than fifteen years old at that time, and specialized in the field of foreign trade as a result of his multiple business. He traveled abroad at that time, and obtained himself an official power of attorney for Omega watches, and also obtained an official power of attorney for the RCA brand for television, radio and cinema, and was the first to establish a private radio station in Kuwait in 1948 and the first to establish a private television station in Kuwait in 1951.

In 1949, he obtained a power of attorney for the American Carrier Refrigeration and Air Conditioning Company, and it was the first agency for the mentioned company outside the United States of America. He was also one of the first in Kuwait to start working in the field of foreign investments. In the 1940s, he acquired the Swiss Bank Corporation agency in the State of Kuwait. He was one of the first to introduce wireless devices in the State of Kuwait, and they were provided to police forces, hospitals, and others.

In addition to various commercial and commercial activities, he had leadership in the diplomatic field and foreign relations, as he worked as an honorary consul of the Swiss government in the State of Kuwait for more than forty years, until a consulate was opened, officially in the State of Kuwait.

Life in Kuwait, old and new: Life in Kuwait in the past was characterized by simplicity and the cohesion of relations and relations between its families and famous men, and trade was based on mutual trust between merchants and individuals, and there is no doubt that the prosperity of trade in any country depends on its geographical location, which allows it to communicate with the world Foreign exchange of goods and the deals, and God willing (S.W.T) the love of Kuwait with a distinguished geographical location on the Arabian Gulf made it easier for it to communicate with the outside world and endow its people with innate talents in the practice of trade, so they have succeeded in their business. Trade with the Gulf emirates, Iraq, the Levant, India, the south of the island, and East Asia until Kuwait became a prominent commercial center at the international level, and this center gradually increased after the emergence of oil and the expansion of trade exchange, and it was natural at the beginning that the customs and commercial customs prevailing in Kuwait had a wide scope to control relations and that these customs, traditions and races be the reference that the parties resort to resolve disputes that may arise between them. The state adopted the principle of economic freedom, leaving economic activity to individual initiatives except in a few projects. Which individuals may not be able to do, but now, after the increase in the area of the country and the development of economic life, business activities are governed by the rules and legislation required by the circumstances, giving way to custom, which prevents the rigidity of the texts of laws.

The beginning of the Al Ahli Bank of Kuwait: The idea of establishing Al Ahli Bank of Kuwait began among a group of famous Kuwaiti men and senior merchants at the beginning of 1967, and the bank was established by an Emiri Decree issued on 23/05/67 to carry out all commercial banking services and operations. There was no intention to merge the Bank with other banks operating in the State of Kuwait at present.

• The person who had an impact on the life of the late Murad Yousuf Behbehani is his father / Yousuf Behbehani - may God have mercy on him.
• The development of Kuwait, especially in the commercial and economic field, calls for opening more markets, attracting capital, replacing the current currency with another, and granting more investment opportunities.
• Close relations with all the distinguished merchants and men of Kuwait and its ruling family, especially the late Sheikh / Ahmad Al-Jaber Al-Sabah, the late Sheikh / Abdullah Al-Salem and the late Sheikh / Sabah Al-Salem Al-Sabah - may God have mercy on them and may God bless them all and other members of the Al-Sabah family and other Kuwaiti men.

In the end, we can only pray to God Almighty to grant us success in the health and wellness of His Highness Sheikh / Sabah Al-Ahmad Al-Jaber Al-Sabah, our Emir. Narrated by the late Murad Yusuf Behbehani on 10/07/2005.