About Us

Welcome To The Energy House Holding Company

“The Energy House Holding Company K.S.C.P. (Energy House) – formerly known as AREF Energy Holding Company – was established in September 2007. The company operates in accordance with the Capital Market Authority (CMA) Law No. 7 of 2010 and its Executive Regulations. Energy House is listed on the Boursa Kuwait and engages in investment activities across the energy sector, both locally and regionally.”

Our Vision

To become the leading energy investment holding company in the region with a strong business identity, with distinctive high performing assets, an environmentally friendly conscience, with high quality, competent personnel, in order to maximize stakeholder’s returns and capital value.

Our Mission

  • To manage investments in the energy sector including hydrocarbons, power and other related energy sources, services, equipment and technologies in the MENA region and globally.

  • Create a strong business identity by providing strategic guidance to our subsidiaries and affiliates for capacity building and growth, while meeting international standards of excellence in all aspects of business operations, processes and ethics.

  • Multiply our stakeholders’ satisfaction by generating wealth and adding value, embracing an environment-friendly culture and training employees for quality output, growth and innovative contribution.

Our Values

We adhere to a clear set of values that will drive our operating principles and business ambitions, which are fundamental to the way we work.

Board & Management

Mr. Yaqoub Yousef Bander
Chairman

Mr. Yaqoub Bandar holds a Master of Business Administration from the Gulf University for Science and Technology (2011) and holds a bachelor’s degree in finance from Kuwait University (2003). In 2005, he joined Gulf Investment House in Kuwait, where he held several managerial positions and responsibilities, rising to become Assistant to the CEO.

 

Mr. Bandar currently serves as the Vice Chairman of Kuwait Light Food Company, as well as a member of the Board of Directors of Majan Development Company in Oman, and a Board Member of Afkar Holding Company in Kuwait.  Mr. Bandar previously served as a member of the Board of Directors of Arkan Al-Kuwait Real Estate Company in Kuwait.

 

From 2004 to 2005, Mr. Bandar served as an Investment Supervisor at KFH. Mr. Bandar is also an International Certified Valuation Specialist.

Mr. Qutaiba Saad Al-Adsani
Vice Chairman

He currently heads the executive management of Watani Wasata Financial Brokerage – WFBC. He has over 20 years of experience in investment, trading, and leadership in the financial sector, brokerage operations, capital markets, and corporate governance. He also has a proven ability to drive growth, develop strategic initiatives, and lead high-performance teams in a rapidly evolving business environment.

 

Mr. Qutaiba Al-Adasani holds a bachelor’s degree in accounting from the Modern Academy for Computer Science and Information Technology (Cairo).

Mr. Ali Hussain Ali Baqer
Board Member

Mr. Ali Baqer holds a Bachelor’s degree in Security Sciences from the Saad Al-Abdullah Academy for Security Sciences (Kuwait) and served as a former Brigade in the Ministry of Interior.

Ms. Zainab Ahmad Saleh
Board Member

Holds a Bachelor of Laws degree from the Kuwait International College of Law.

Mr. Ahmad Mohammad Al-Kandari
Board Member

A Senior Planning Controller with over 10 years of experience in the oil sector, specializing in financial planning, budget control, and cost optimization. Currently seconded to Kuwait Oil Company (KOC) through Abraaj Energy General Trading & Contracting Co., he previously worked at the Public Institution for Social Security

 

He has great skills in analysing financial performance, managing operational expenditures, and aligning budgets with organizational goals.

 

He holds a Master’s in Information Studies from Kuwait University and a Bachelor’s in Business Administration (Finance) from the University of Wisconsin-Milwaukee.

Eng. Hamad A. AlQahtani
Chief Executive Officer

Mr. AlQahtani has over 21 years of professional experience in the oil and gas sector, investments, restructuring, planning, and business development.

He held a various position for over the years at Kuwait Projects Company (KPICO Group Holding) subsidiaries started as Project Development Manager at United Oil Projects, VP Business Development and Marketing at Soor Fuel Marketing Company and Deputy CEO for planning and Development at Kuwait Hotels Company.

After that, he held a position of CEO at Invita Kuwait for Information Technology (subsidiary of NTEC owned by KIA).

Mr. Al-Qahtani is currently Board member in several companies.

Mr. AlQahtani holds a Bachelor’s Degree in Mechanical Engineering from Catholic University of America, Washington D.C. and an MBA from Kuwait Maastricht Business School.

Mr. Tareq Al Haddad
Group Chief Financial Officer

Mr. Tarek Al-Haddad has over 25 years of professional experience in financial control, accounting, auditing, financial consulting, and risk management, including more than 17 years as a Group CFO for publicly listed companies on the Kuwait Boursa and within Kuwait Finance House (KFH) Group , the region’s leading Islamic bank.

His experience includes serving as Group CFO of The Energy House Holding Co. (oil & gas sector), which has been operating across the GCC, the USA, Africa, and Central Asia since 2021, as well as its parent company, Development Enterprise Holding Co. He also held the Group CFO position at Al Enmaa Real Estate Co., the real estate arm of KFH, overseeing its diverse activities.

Additionally, he has served as Financial Consultant for several prestigious companies in Kuwait. Since 2023 till present, he has been a Board Member of Nordic Energy – Dubai.

He holds a bachelor’s degree from Faculty of commerce – Mansoura University. He is a Certified Investments & Derivatives Auditor ( CIDA ) – USA and he holds the Certification in Risk Management Assurance ( CRMA ) – USA.

Company Address

Al-Enmaa Tower, Floor 14,
Abdullah Al-Mubarak Street,
Al- Mirqab, Kuwait City

P.O. Box : 21909 Safat, 13080 Kuwait

Tel : +965 2297 9600

Fax : + 965 2247 7580

Website : https://energyhouse.com.kw

Email : info@energyhouse.com.kw

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