The Kuwait-based Mabanee Company, established in 1964, is a general contractor specializing in construction using pre-cast concrete systems, fabrication and erection of steel items and construction of buildings, show rooms, markets and commercial complexes. The company also own, sells, manages and invests in real estate activities.

Mabanee broke ground on the Avenues Mall in 2005, located in the Al Rai area of Kuwait City, an ambitious 425,000 square meter (4.5 million square foot) project. The mall will consist of approximately 250 shopping outlets including Ikea and Al Shaya Group stores, 35 restaurants, cafes, a family entertainment center, a 10-screen movie theatre, a food court and a 6,000-spot parking garage. The Avenues is being built in three phases and is expected to be the largest of its kind in Kuwait, when completed in 2007, with a built-up area of 500,000 square meters (5.3 million square foot) and a leasable area of 160,000 square meters (1.7 million square foot).

Mabanee sold its subsidiary, Al Mabanee Logistics Company, in 2006 to Al Rai logistics (a 44%-owned subsidiary), for KWD18 million (USD63.9 million) and realized a profit of KWD10 million (USD35.5 million).