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Our Performance by Numbers

As of 31 Dec 2024
Total RevenueKD31.3mn


Assets Under ManagementKD1.08bn
Net ProfitKD12.1mn

Wealth Management

The Wealth Management Sector works on meeting the needs and wants of clients by providing them with appropriate financial products and services.

Investment Banking

& Advisory

NIC’s Investment Banking Sector helps companies to identify and implement the right business and capital structures, including securing financing for growth and development.

Asset Management

NIC offers a comprehensive range of portfolio management services to institutional and high net worth investors.

It also has a wide range of investment fund products, investing in listed and unlisted equities in Kuwait and GCC regions.

Real Estate

Investment Management

NIC is an active investor in both the local and international Real Estate markets and has extensive experience in various sectors including resort, commercial and residential properties.

It owns and manages Real Estate in Kuwait, GCC and the Middle East.

Online Brokerage

The National Investments Company provides the Online Brokerage Services ( NICTRADE) which enables Clients to trade in Boursa Kuwait, GCC Capital Markets, Regional Markets and over 80 International Markets. NICTRADE provides a unique offering to Investment Store with access to multiple financial instruments.

Treasury & International

Securities

NIC performs a full range of money market and foreign exchange instruments. Backed by a highly activities including team of professionals, state of the art pricing, analytical and information systems and a vast network of relationships with leading local and international financial institutions.

Our Funds

Index Movement

NIC 50

NIC 50:

is a weighted index tracks the top 50 stocks in terms of trading value in Boursa Kuwait during the latest 12 months. The constituents’ weights determined based on market cap and are adjusted on a quarterly basis.

Our Executive Team

Fahad Abdulrahman Al Mukhaizim

Board Member & Chief Executive Officer

"Our Long term commitment toward clients and shareholders along with our solid performance year over year have confirmed our leadership in the investments field and that placed our organization among the top investment institutions."

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CURRENT POSITION

Fahad Abdulrahman Al Mukhaizim
Board Member & Chief Executive Officer

Mr. Fahad Al Mukhaizim Currently he is Board Member and Chief Executive Officer at National Investments Company since 2022, he held many key leadership positions within NIC from 2001 until today. Graduated with bachelor’s degree in business administration with a major in Finance and Banking from Kuwait University, and an MBA from Cleveland State University, Ohio, USA.

Mr. Fahad Al Mukhaizim has an extensive experience in Local and Arab Investments, Asset Management and Direct Investments fields.

Mr. Fahad Al Mukhaizimis currently the Chairman at: Kuwait Clearing Company, Arkan Al-Kuwait Real Estate Company, Shorouq Pack Company for packaging Materials & Plastic cards, Also a Vice Chairman at: OSOS Holding Group Company, Kuwait Emirates Holding Company, A’amal Holding Compnay, Al-Waseet Financial Business Company, Kiwan Real Estate Company, OSOS United Real Estate Group Company, Tagzia Group Company, Kayan Real Estate Development Company, He is a Board member at: Umm Al Qaiwain General Investments Company, United Company for Investment & Real Estate Development (Almuttahed), He is Partner-Manager at Al Nugoua for General Trading Company, Partner at National Investments Company Holding, and General Manager at National Investment Company Lebanon Holding.

Mr. Fahad Al Mukhaizim previously was a Vice Chairman at Al Safat Investment company, Board Member of Wethaq Takaful Insurance Company, First Investment Company and Al-Safwa Group Holding Company, Danah Al-Safat Food stuff Company. And worked as a Local Investment Officer at Kuwait Foreign Trading Contracting & Investment Co. (KFTCIC), he also worked as a Senior Investment Analyst - Local & Arab Investments at WAFRA International Investment Company, and an Investment Supervisor at Axceuas Investment Company - OHIO.

EXPERIENCE

27 years

Fahad Abdulrahman Al Mukhaizim

Hamad Saud Al Humaidi

CEO Consultant
-Investments

"My experienced team of managers, come with a range of skills and have a proven track record across several regions. Together we ensure that our investors receive flexible & customized strategies. "

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CURRENT POSITION

Mr. Hamad Al Humaidi is the Managing Director of MENA Securities Sector (MENA) at National Investments Company. Mr. Hamad was graduated in 1999 with BBA in Finance, from Seattle University, Washington, USA. After graduation, Mr. Hamad has started his career as Financial Analyst in the Research Department at NIC. On the other hand, He has worked at NIC for more than nineteen years and he has served in several key positions and involved in many key decision-making activities. Mr. Hamad has played a leading role in developing many of NIC’s investment products including Investment portfolios, establishing & managing investment funds which are Al Wataniya, Al Safwa, Al Darij, Zajil, Mawarid, and Al Mada fund.

Hamad S. Al Humaidi
CEO Consultant

Mr. Hamad Al Humaidi is the CEO Consultant at National Investments Company. Mr. Hamad was graduated in 1999 with BBA in Finance, from Seattle University, Washington, USA.

Mr. Hamad has started his career as Financial Analyst in the Research Department at NIC. On the other hand, he has served in several key positions and involved in many key decision making activities. Mr. Hamad has played a leading role in developing many of NIC’s investment products including Investment portfolios, establishing & managing investment funds which are Al Wataniya, Al Safwa, Al Darij, Zajil, Mawarid, and Al Mada fund. Previously, Mr. Hamad was a board member of First Education Company (2009-2012) and Boubyan International Holding Company (2004-2016) Gulf Investment House (2011-2014) and First Investment Company (2014-2018)

EDUCATION

Bachelor in Business Administration (BBA) in Finance (Seattle University, Washington State)

SPECIALITY / RELEVANT TRANSACTIONS

• MENA Securities
• Portfolio Management
• Asset management


EXPERIENCE

24 Years

Hamad Saud Al Humaidi

AlMuthana M. Al Maktoum

Managing Director
Wealth Management Sector

"Our versatile team offers unique high-end services to our clients, catering to their needs and providing them with suitable financial products and solutions. "

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CURRENT POSITION

Mr. AlMuthana Al Maktoum is Managing Director, Wealth Management Sector. He graduated with a BBA in Finance from Kuwait University, He also has Executive Education Certificate from Harvard University.
Mr. AlMuthana started his career in the research department at National Investments Company. He has worked at NIC for almost 16 years and has served several positions in the MENASS. Having such a strong and deep working knowledge, analytical and research experience, he headed the Asset Management Department at MENASS previously. He was responsible to lead the Investment Funds such as Al Wataniya, Al Darij, Zajil, Mawarid, and Al Mada fund, and the Investment Portfolio’s which includes discretionary and non-discretionary clients.

AlMuthana M. Al Maktoum
Managing Director

Mr. AlMuthana Al Maktoum is Managing Director, Wealth Management Sector. He graduated with a BBA in Finance from Kuwait University, He also has Executive Education Certificate from Harvard University.

Mr. Al Maktoum started his career in the research department at National Investments Company. He has worked at NIC for almost 16 years and has served several positions in the MENASS. Having such a strong and a deep working knowledge, analytical and research experience, he headed the Asset Management Department at MENASS previously. He was responsible to lead the Investment Funds such as Al Wataniya, Al Darij, Zajil, Mawarid, and Al Mada fund, and the Investment Portfolio’s which includes discretionary and non-discretionary clients.

In addition, Mr. AlMuthana sits on the boards of companies such as MENA Capital Holding (Since 2009) and holds Executive board member position at Kuwait Foundry (Since May 2019) Vice Chairman of Egyption Kuwaiti Foundry . Previously, he held a position of Chairman of Osos Holding Group Co (2014-2016), Al-Waseet Financial Business Co. (2017-2018),  board member position in First Investment Co. (2011-2012), Ijara Housing Holding Co. (2011-2014), A’amal Holding Co. (2007-2009) and First Real Estate Investment Co. (2005-2011)

EDUCATION

• BBA in Finance from Kuwait University
• Executive Education Certificate
from Harvard University

SPECIALITY / RELEVANT TRANSACTIONS

• MENA Securities
• Portfolio Management
• Asset management


EXPERIENCE

18 years

AlMuthana M. Al Maktoum

Bashar Khan

Managing Director
Investment Banking Sector

"Our market-leading Investment Banking team focuses on providing clients with unique and customized solutions to support long term value creation."

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CURRENT POSITION

Mr. Bashar Khan is the Senior Vice President of Investment Banking at National Investments Company.

 

Mr. Bashar has worked at National Petroleum Services Company (NAPESCO), Kuwait Financial Centre (Markaz) and KPMG, Chicago. During his career span of over 15 years, Mr. Bashar has successfully executed numerous transactions including executing mergers and acquisitions, restructuring companies, raising capital for companies, preparing feasibility studies for projects, developing valuation studies, and developing and implementing strategies for clients. He managed an Oil & Gas Private Equity Fund.

 

 

 

Mr. Bashar Khan
Managing Director

Mr. Bashar Khan is the Managing Director of Investment Banking at National Investments Company.  Bashar holds a dual BSc degree in Accounting and Finance (2006) from the University of Illinois at Urbana-Champaign. 
He is also a CFA Charterholder, and a Certified Public Accountant (CPA).  

Prior to joining NIC, Bashar has worked at National Petroleum Services Company (NAPESCO), Kuwait Financial Centre (Markaz) and KPMG, Chicago. During his career span of over 15 years, Bashar has successfully executed numerous transactions including executing mergers and acquisitions, restructuring companies, raising capital for companies, preparing feasibility studies for projects, developing valuation studies, and developing and implementing strategies for clients. He has also managed an Oil & Gas Private Equity Fund. 

EDUCATION

Mr. Bashar Khan holds a dual BSc degree in Accounting and Finance (2006) from the University of Illinois at Urbana-Champaign.  He also is a CFA Charter holder, and a Certified Public Accountant (CPA).  

EXPERIENCE

15 years

Bashar Khan

Sulaiman A. AlDerbas

Managing Director
Strategy Sector

"Commitment to value creation to all stakeholders and business excellence "

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CURRENT POSITION

Mr. Sulaiman A. AlOmar AlDerbas is Managing Director of the Strategy Sector at National Investments Company with over 15 years of experience in investment and strategic asset management and planning.

 

Mr. Alderbas started his career as junior analyst at Wafra Inc. in New York City then spent 7 years in the hedge funds team at Kuwait Fund for Arab Economic Development (KFAED) as Chief Investment Analyst. Most recently, he spent 8 years at the Public Institution for Social Security (PIFSS) and was head of Alternative Investments where he led investments in absolute and return enhancing strategies as well as strategic partnerships.

 

During his time, he was the chairman of Al-Rawdatain Water Bottling Co., vice chairman of Qaroh PET Products Co., and vice chairman of  Wafra Real Estate Co.. Mr. Alderbas also represented PIFSS in multiple LPACs and fund directorships, as well as, strategic committee member of Capital Constellation.

 

Mr. Alderbas earned a BS with honors in Accounting and Management, minor in finance, from Purdue University

Sulaiman A. AlDerbas
Managing Director

Mr. Sulaiman A. AlOmar AlDerbas is Managing Director of the Strategy Sector at National Investments Company with over 15 years of experience in investment and strategic asset management and planning.
Mr. Alderbas started his career as junior analyst at Wafra Inc. in New York City then spent 7 years in the hedge funds team at Kuwait Fund for Arab Economic Development (KFAED) as Chief Investment Analyst. Most recently, he spent 8 years at the Public Institution for Social Security (PIFSS) and was head of Alternative Investments where he led investments in absolute and return enhancing strategies as well as strategic partnerships.
During his time, he was the chairman of Al-Rawdatain Water Bottling Co., vice chairman of Qaroh PET Products Co., and vice chairman of Wafra Real Estate Co.. Mr. Alderbas also represented PIFSS in multiple LPACs and fund directorships, as well as, strategic committee member of Capital Constellation.
Mr. Alderbas earned a BS with honors in Accounting and Management, minor in finance, from Purdue University

EDUCATION

Mr. Alderbas earned a BS with honors in Accounting and Management, minor in finance, from Purdue University

PREVIOUS MEMBERSHIP IN BOARD OF DIRECTORS

Mr. Sulaiman A. AlOmar AlDerbas is Managing Director of the Strategy Sector at National Investments Company with over 15 years of experience in investment and strategic asset management and planning.

 

Mr. Alderbas started his career as junior analyst at Wafra Inc. in New York City then spent 7 years in the hedge funds team at Kuwait Fund for Arab Economic Development (KFAED) as Chief Investment Analyst. Most recently, he spent 8 years at the Public Institution for Social Security (PIFSS) and was head of Alternative Investments where he led investments in absolute and return enhancing strategies as well as strategic partnerships.

 

During his time, he was the chairman of Al-Rawdatain Water Bottling Co., vice chairman of Qaroh PET Products Co., and vice chairman of  Wafra Real Estate Co.. Mr. Alderbas also represented PIFSS in multiple LPACs and fund directorships, as well as, strategic committee member of Capital Constellation.

 

Mr. Alderbas earned a BS with honors in Accounting and Management, minor in finance, from Purdue University.

EXPERIENCE

16 years

Sulaiman A. AlDerbas

Faleh Sultan

Managing Director
Information Technology Sector

"Believing in the transformative power of technology to drive business success and improve lives, with emphasis on aligning IT strategies with business goals to foster innovation and operational excellence."

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CURRENT POSITION

Faleh Sultan – A Visionary Leader in Digital Transformation, Strategic IT Leadership, and Organizational Growth
Faleh Sultan is an award-winning, high-integrity executive with over 20 years of proven success in spearheading digital innovation and leading high-performing technology teams across Kuwait’s financial and investment sectors. Currently serving as Managing Director – Information Technology at National Investments Company (NIC), Faleh continues to drive impactful change through strategic foresight and operational excellence.

His leadership journey includes pivotal roles such as Chief Information Technology Officer at Kuwait Credit Information Network Company (CINET) and nearly two decades of progressive leadership at Al Ahli Bank of Kuwait and Burgan Bank, where he transformed customer-facing technologies and e-channels into agile, scalable platforms. Faleh’s early career foundation in system administration and project management built a deep understanding of IT architecture, now fueling his ability to lead enterprise-wide transformation initiatives.

An engineering degree from Carleton University – Canada, Faleh is not just a tech expert but a people-first leader who fosters teamwork, respect, and visionary planning. He is known for navigating crises with calm clarity, evaluating opportunities with strategic precision, and building organizations that thrive on innovation and purpose.

His certifications in unconscious bias, interviewing techniques, and leadership hiring further reflect his belief in inclusive growth and ethical leadership. Faleh Sultan’s legacy is defined by his unwavering commitment to aligning technology with business excellence—and turning challenges into platforms for progress.

Faleh Sultan has unwavering dedication to digital excellence, transformative leadership, and strategic innovation in shaping the future of technology-driven enterprises.

Faleh Sultan
Managing Director

Faleh Sultan – A Visionary Leader in Digital Transformation, Strategic IT Leadership, and Organizational Growth. Faleh Sultan is an award-winning, high-integrity executive with over 20 years of proven success in spearheading digital innovation and leading high-performing technology teams across Kuwait’s financial and investment sectors. Currently serving as Managing Director – Information Technology at National Investments Company (NIC), Faleh continues to drive impactful change through strategic foresight and operational excellence. His leadership journey includes pivotal roles such as Chief Information Technology Officer at Kuwait Credit Information Network Company (CINET) and nearly two decades of progressive leadership at Al Ahli Bank of Kuwait and Burgan Bank, where he transformed customer-facing technologies and e-channels into agile, scalable platforms. Faleh’s early career foundation in system administration and project management built a deep understanding of IT architecture, now fueling his ability to lead enterprise-wide transformation initiatives. An engineering degree from Carleton University - Canada, Faleh is not just a tech expert but a people-first leader who fosters teamwork, respect, and visionary planning. He is known for navigating crises with calm clarity, evaluating opportunities with strategic precision, and building organizations that thrive on innovation and purpose. His certifications in unconscious bias, interviewing techniques, and leadership hiring further reflect his belief in inclusive growth and ethical leadership. Faleh Sultan’s legacy is defined by his unwavering commitment to aligning technology with business excellence—and turning challenges into platforms for progress. Faleh Sultan has unwavering dedication to digital excellence, transformative leadership, and strategic innovation in shaping the future of technology-driven enterprises.

EXPERIENCE

23 Years

Faleh Sultan

Amro Sarhan

Executive Director
Fund & Portfolio Management Department

"Effective asset management is not just about growing wealth; it's about strategic foresight, disciplined execution, and creating lasting value for our clients."

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CURRENT POSITION

Mr. Amro Sarhan is a distinguished finance professional with an extensive experience of over 15 years in asset management, investment strategy, quantitative and fundamental analysis and market research over all GCC markets. He oversees strategic decisions, market research, and the identification of investment opportunities to enhance portfolios and funds’ performance.

Mr. Sarhan’s career is marked by progressive leadership roles within NIC, including his tenure as the Executive Director of the Portfolios and Funds Department and Senior Director of the Investment Portfolios Department. His responsibilities have encompassed formulating asset management strategies, guiding fund performance, and leading initiatives to achieve organizational growth and diversification.

Before his time at NIC, Mr. Sarhan honed his expertise as a Financial Analyst in advisory services at KPMG Kuwait, where he contributed to M&A advisory and evaluating and providing due diligence for different projects related to different sectors. His career began as an external auditor with RSM Albazie & Co., further solidifying his analytical and financial acumen.

Academically, Mr. Sarhan’s earned a Master of Finance from Saint Mary’s University in Canada and a bachelor’s degree in finance with a minor in Economics from the American University of Kuwait. His commitment to excellence is evidenced by his CFA designation and a reputation for driving innovation and delivering results in the dynamic field of financial and investment management.

Amro Sarhan
Executive Director

Mr. Amro Sarhan is a distinguished finance professional with an extensive experience of over 15 years in asset management, investment strategy, quantitative and fundamental analysis and market research over all GCC markets. He oversees strategic decisions, market research, and the identification of investment opportunities to enhance portfolios and funds’ performance.
Mr. Sarhan’s career is marked by progressive leadership roles within NIC, including his tenure as the Executive Director of the Portfolios and Funds Department and Senior Director of the Investment Portfolios Department. His responsibilities have encompassed formulating asset management strategies, guiding fund performance, and leading initiatives to achieve organizational growth and diversification.
Before his time at NIC, Mr. Sarhan honed his expertise as a Financial Analyst in advisory services at KPMG Kuwait, where he contributed to M&A advisory and evaluating and providing due diligence for different projects related to different sectors. His career began as an external auditor with RSM Albazie & Co., further solidifying his analytical and financial acumen.
Academically, Mr. Sarhan’s earned a Master of Finance from Saint Mary’s University in Canada and a bachelor’s degree in finance with a minor in Economics from the American University of Kuwait. His commitment to excellence is evidenced by his CFA designation and a reputation for driving innovation and delivering results in the dynamic field of financial and investment management.

PREVIOUS MEMBERSHIP IN BOARD OF DIRECTORS

Mr. Amro Sarhan is a distinguished finance professional with an extensive experience of over 15 years in asset management, investment strategy, quantitative and fundamental analysis and market research over all GCC markets. He oversees strategic decisions, market research, and the identification of investment opportunities to enhance portfolios and funds’ performance.

Mr. Sarhan’s career is marked by progressive leadership roles within NIC, including his tenure as the Executive Director of the Portfolios and Funds Department and Senior Director of the Investment Portfolios Department. His responsibilities have encompassed formulating asset management strategies, guiding fund performance, and leading initiatives to achieve organizational growth and diversification.

Before his time at NIC, Mr. Sarhan honed his expertise as a Financial Analyst in advisory services at KPMG Kuwait, where he contributed to M&A advisory and evaluating and providing due diligence for different projects related to different sectors. His career began as an external auditor with RSM Albazie & Co., further solidifying his analytical and financial acumen.

Academically, Mr. Sarhan’s earned a Master of Finance from Saint Mary’s University in Canada and a bachelor’s degree in finance with a minor in Economics from the American University of Kuwait. His commitment to excellence is evidenced by his CFA designation and a reputation for driving innovation and delivering results in the dynamic field of financial and investment management.

Amro Sarhan
Fahad Abdulrahman Al Mukhaizim

Fahad Abdulrahman Al Mukhaizim

Board Member & Chief Executive Officer

Hamad Saud Al Humaidi

Hamad Saud Al Humaidi

CEO Consultant
-Investments

AlMuthana M. Al Maktoum

AlMuthana M. Al Maktoum

Managing Director
Wealth Management Sector

Bashar Khan

Bashar Khan

Managing Director
Investment Banking Sector

Sulaiman A. AlDerbas

Sulaiman A. AlDerbas

Managing Director
Strategy Sector

Faleh Sultan

Faleh Sultan

Managing Director
Information Technology Sector

Amro Sarhan

Amro Sarhan

Executive Director
Fund & Portfolio Management Department

Media Room

PRESS RELEASE

NIC Holds its Analysts Conference for Q4 2024

April 13, 2025
NIC Holds its Analysts Conference for Q4 2024 The National Investment Company (NIC) held its Analysts Conference for the fourth quarter of 2024 on Tuesday, 25 March 2025. The conference has witnessed positive participation from Mr. Sulaiman  AlDerbas, Managing Director...
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PRESS RELEASE

Euromoney Award 2025

April 6, 2025
Euromoney Names NIC 'Best in Succession Planning' in Kuwait for 2025 This prestigious recognition marks a significant milestone and underscores NIC’s commitment to setting new benchmarks of excellence.     AlMuthana Al Maktoum:   Proud to receive such an award...
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PRESS RELEASE

NIC achieves distributable profits of KWD 23.8 million equivalent to 30 Kuwaiti fils The company recommends a cash dividend of 22 fils per share to shareholders

March 19, 2025
NIC achieves distributable profits of KWD 23.8 million equivalent to 30 Kuwaiti fils The company recommends a cash dividend of 22 fils per share to shareholders   Khaled Waleed Al Falah: NIC maintained its growth momentum, achieving excessive financial profits...
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PRESS RELEASE

NIC Honors Graduates of ‘Shift’

December 8, 2024
NIC Honors Graduates of ‘Shift’ A specialized training program held in partnership with Creative Confidence In collaboration with Creative Confidence, the National Investments Company (NIC) celebrated the graduation of the second batch of the "Shift" training program. This program is...
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E – Magazine

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