About Us

Welcome To The Energy House Holding Company

The Energy House Holding Company K.S.C.P. (Energy House) - previously named AREF Energy Holding Company- was formed in September 2007 as a subsidiary of AREF Investment Group (AIG). On 29 December 2011, AIG sold 29% equity interest in Energy House to Development Enterprise Holding Company K.S.C. (Closed) (DEH), subsidiary of Kuwait Finance House KFH. On August 2012 DEH acquired additional 66.76% equity interest in Energy House from AIG and Others, in accordance with Capital Market Authority (CMA) Law No. 7 of 2010 and its Executive Regulations.

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. Abdulrazzaq A. Al-Roomi
Chairman

Mr. Abdulrazzaq Al-Roomi has more than 12 years of experience in banking, in particular contracts, liabilities and Islamic banking. holds many certificates in various fields of law, in particular corporate law, governance, capital markets authority law and tax compliance law, in addition to many professional certificates in the field of arbitration, management, training, regulatory compliance, auditing and risks.

currently holding the position of Senior Legal Adviser and Executive Director in the Legal Group at Kuwait Finance House since 2009.

Representative in various boards of directors, including Yiaco Medical Company, International Turnkey Systems Co., and Higleig Petroleum Services & Investment Co. in Sudan.

A member of the Kuwaiti Lawyers Association and a registered lawyer in the Supreme Constitutional and Cassation Court in the State of Kuwait, practiced law by joining work in several law firms in the State of Kuwait.

Member of the Legal Advisors Committee in the Kuwait Banking Association.

Member of the Legal Advisors Committee at the Institute of Banking Studies.

Member of the Office of the study due diligence process’s acquisition of Kuwait Finance House, Ahli United Bank.

Member of Integration Office of the acquisition of the Kuwait Finance House, Ahli United Bank.

Mr. Al-Roomi holds a Bachelor of Laws with a grade of “Very Good” from Kuwait University.

Mr. Ahmd A. Al-Nafisi
Vice Chairman

Mr. Ahmed Al-Nafisi has more than 15 years of experience in financial services, and he specializes in the field of investment and private equity.

Al-Nafisi has held several positions in investment companies and leading banks in Kuwait. Al-Nafisi has long-standing experience in sourcing, structuring and evaluating investment opportunities. He represented many of the leading investment firms across the GCC in his capacity as Board Member.

He is currently the Vice President of Private Equity & Direct Investment Department. In KFH Capital Investment Company.

He is also currently a member of the boards of directors of several companies, including in Kuwait Energy House Holding Company, ALAFCO Aviation lease & Finance Company KSCP, Munshaat Real Estate Projects Company KSCP, and Sokouk Holding company KSCP.

United Compounding Industrial Company “UCIC” in the Kingdom of Saudi Arabia, IBDAR Capital BSC and Turkapital Holding Company in the Kingdom of Bahrain.

Mr. Alnafisi holds bachelor’s degree in International Business from Gulf University for Science and Technology (GUST).

Mr. Nasser A. S. Al-Shaya
Board Member

Mr. Nasser A. S. Al-Shaya

Dr. Yasser A. Al-Kulaib
Board Member

Mr. Al-Kulaib has over 25 years of professional experience in the finance and economic sector, and business administrative Sciences.

Mr. Al-Kulaib held a various position over the years in both private sector and academic sector in Kuwait University.

Member since 2005 and until present as faculty of department of finance and financial institutions in College of Business Administrative – Kuwait University.

He is also author of many papers in the field of finance and banking in addition to many memberships in the committees in the College of Business Administrative – Kuwait University, and consulting experience in the private and public sector. Mr. Al-Kulaib holds a bachelor’s degree in Finance and Banking from Kuwait University and Master (MBA) in Business Administration – Finance from Middle Tennessee State University – USA, in addition, a Ph.D. in Business Administration – Finance from Old Dominion University – USA.

Mr. Abdullah N. AlBader
Board Member

Currently Senior officer – Private Equity & Direct Investment in KFH Capital.

Board Member of Development Enterprises Holding Company K.S.C.C (DEH)

Mr. AlBader holds a Bachelor of Business Administration – Finance from the University of San Diego,USA

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.

Eng. Hamad A. Alturkait
Head of Asset Management

Hamad Alturkait started his career in Kuwait Petroleum Corporation working in the Corporate Planning and then the Corporate Treasury and Investment Departments. Subsequently, he joined Alsafwa Group holding Company as Head of the Financial Services Division.
Mr. Alturkait holds a B.S. in Mechanical Engineering from Boston University, USA and was awarded the CFA charter in 2007 and CTA (Certified Technical Analyst) charter in 2008.

Mr. Chief Financial Officer
Chief Financial Officer