Our Performance by Numbers
As of 30 June 2023
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
Market Data
Chart
NIC 50
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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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: Al-Safat Investment Company, 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 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
Girish Nair
Chief Financial Officer
"Our team comprises of qualified professionals with a proper mix of skills and expertise to aid strategic decision making and ensure financial controls necessary to support all business activities and achieve NIC’s objectives. "
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Mr. Girish Nair is a finance professional with over 30 years of experience. He has a wealth of experience in the Financial Services and Investment sector in functions relating to Asset Management, Accounting, and consulting. Prior to his current stint at NIC, Mr. Girish worked for multinational firms including Arthur Andersen & Co., German Remedies Ltd in various capacities. He obtained his Chartered Accountancy qualification in 1985 and completed his Bachelor of Commerce specializing in financial accounting from Bombay University in 1981.
Girish Nair Chief Financial Officer Mr. Girish Nair is Chief Financial Officer, Finance & Accounts Sector , He graduated with Bachelor of Commerce specializing in financial accounting from Bombay University in 1981. He obtained his Chartered Accountancy qualification in 1985 and A finance professional. has a wealth of experience in the Financial Services and Investment sector in functions relating to Asset Management, Accounting and consulting. Prior to his current stint at NIC, Mr Girish worked for multinational firms including Arthur Andersen & Co., German Remedies Ltd in various capacities.
EDUCATION
• Chartered Accountant (CA)
• Bachelor of Commerce (B.Com) with a major in Finance from Mumbai University
SPECIALITY / RELEVANT TRANSACTIONS
• Asset Management, Accounting, and Consulting.
• Finance, Accounting, and Management reporting functions.
EXPERIENCE
31 Years
Hamad Saud Al Humaidi
Executive Vice President
MENA Securities Sector
"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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Mr. Hamad Al Humaidi is the Executive Vice President 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 Executive Vice President Mr. Hamad Al Humaidi is the Executive Vice President of MENA Securities Sector (MENA) 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
AlMuthana M. Al Maktoum
Executive Vice President
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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Mr. AlMuthana Al Maktoum is Executive Vice President, 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 Executive Vice President Mr. AlMuthana Al Maktoum is Executive Vice President, 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
Bashar Khan
Executive Vice President
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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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 Executive Vice President Mr. Bashar Khan is the Executive Vice President 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
Sayid M N Al Mashhoor
Senior Vice President
Treasury & International Securities Sector
"The actively involved in Foreign Exchange Trading of Spot and Forward (Purchase/Sale) of GCC and Major Currencies (including Major Cross Currencies)"
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Sayid M N Al Mashhoor Treasury & International Securities Sector Mr. Sayid has held the position of Senior Vice President - FX & Money Market, (Treasury & International Securities Sector) at NIC since 1997, where he covers and manages the company’s Local and Foreign currencies Cash Flows and Foreign Exchange Trading. Mr. Sayid holds a Bachelor Degree in Business Administration and a Diploma in Finance from International Management Institute, Geneva. Additionally, Mr. Sayid was trained from Swiss Banking Corporation (UBS), Zurich and Citibank, London in the areas of Foreign Exchange, Money Market, Currency Hedging and various types of Option Trading. Mr. Sayid started his career in the Treasury Department as Senior FX & Money Market Trader with one of the leading financial Institution (KFTCIC) in Kuwait, which merged with presently known as Kuwait Investment Company (KIC).
EXPERIENCE
35 years
Fahad Abdulrahman Al Mukhaizim
Board Member & Chief Executive Officer
Girish Nair
Chief Financial Officer
Hamad Saud Al Humaidi
Executive Vice President
MENA Securities Sector
AlMuthana M. Al Maktoum
Executive Vice President
Wealth Management Sector
Bashar Khan
Executive Vice President
Investment Banking Sector
Sayid M N Al Mashhoor
Senior Vice President
Treasury & International Securities Sector
Media Room
Partial Purchase Offer for Rasiyat Holding Company K.S.C.P.
August 30, 2023
NIC Holds Financial Analysts Conference for H1 2023 results.
August 20, 2023
Bader Nasser Al-Kharafi: NIC Records Positive Performance with a Net Profit of KD 4.2 million, 5.3 Fils per Share for H1 2023
August 10, 2023
