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
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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.
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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.
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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
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Mr. Mohammed A. Al-Matook
Chairman
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Mr. Mohammad Salah Al-Ayoub
Vice Chairman
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Mr. Yaqoub Yousef Bander
Board Member
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Mr. Ali Tareq Aabdin
Board Member
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Mr. Khalifah Mohammad Al-Suwailem
Board Member (Independent)
Mr. Mohammed A. Al-Matook
Chairman
Mr. Mohammed Al Matook has over 20 years of experience in property development and commercial malls and mall management across Kuwait, Oman, and the Kingdom of Bahrain. His expertise has been in business acceleration, and strategic growth and development.
Mr. Al Matook has had a range of multi-disciplinary experiences having held the position of Deputy CEO of Al Hamra Real Estate Company, Kuwait, and as Senior Vice President of the Leasing Department at ALARGAN International Real Estate Company in Kuwait, Oman, and Bahrain. Currently he is a board member at Hilal Cement Company and Managing Director at Al Matooq Combined Group.
Mr. Mohammed Al Matook holds a Bachelor of Science in Civil Engineering from Florida Institute of Technology (USA) and a master’s in business administration from Florida International University (USA).
Mr. Mohammad Salah Al-Ayoub
Vice Chairman
He holds a university degree from Kuwait University and has extensive professional experience in administrative and executive roles.
He has held several leadership and executive positions in several companies, including Iktitaab Holding Company.
He currently serves as Vice Chairman of Afkar Holding Company and as a Board Member of Gulf Real Estate Company.
Mr. Yaqoub Yousef Bander
Board Member
Mr. Yaqoub Bander holds a master’s degree in business administration (MBA) from the Gulf University for Science and Technology, obtained in 2011, and a bachelor’s degree in finance and financial Institutions from Kuwait University, obtained in 2003.
From 2005 to 2020, Mr. Bander worked at Gulf Investment House in Kuwait, where he held various managerial positions with increasing levels of responsibility, ultimately serving as Assistant Vice President.
Prior to joining Gulf Investment House, he served as an Investment Supervisor in the Investment Division of Kuwait Finance House from 2004 to 2005.
Mr. Bander currently serves as a Managing Partner at Apex Management Consulting Company in Kuwait. He has also served as a Board Member of several companies across the Gulf region.
In addition, Mr. Bander is an International Certified Valuation Specialist (ICVS), reflecting on his expertise in investment and financial valuation.
Mr. Ali Tareq Aabdin
Board Member
A seasoned executive with over 9 years of experience in the entertainment, hospitality, retail, and banking sectors.
He serves as CEO of Khaleeji Entertainment Holding Company and has co-founded and managed numerous successful ventures. His expertise lies in strategic planning, business development, financial management, and operations.
He holds a Bachelor of Science degree in Finance from West Virginia University in the USA.
Mr. Khalifah Mohammad Al-Suwailem
Board Member (Independent)
A financial and accounting professional with over 8 years of experience in financial control, management accounting, and financial reporting, gained through working in the banking and real estate sectors in Kuwait.
He possesses extensive experience in managing multi-entity portfolios and assets, analysing financial performance, and developing financial systems and procedures.
He excels at supporting strategic decision-making and improving the efficiency of financial operations in accordance with best practices and international accounting standards.
Mr. Yaqoub Yousef Bander
Chief Executive Officer
Mr. Yaqoub Bander holds a master’s degree in business administration (MBA) from the Gulf University for Science and Technology, obtained in 2011, and a bachelor’s degree in finance and financial Institutions from Kuwait University, obtained in 2003.
From 2005 to 2020, Mr. Bander worked at Gulf Investment House in Kuwait, where he held various managerial positions with increasing levels of responsibility, ultimately serving as Assistant Vice President.
Prior to joining Gulf Investment House, he served as an Investment Supervisor in the Investment Division of Kuwait Finance House from 2004 to 2005.
Mr. Bander currently serves as a Managing Partner at Apex Management Consulting Company in Kuwait. He has also served as a Board Member of several companies across the Gulf region.
In addition, Mr. Bander is an International Certified Valuation Specialist (ICVS), reflecting on his expertise in investment and financial valuation.
Miss . Susan Hammad
Finance Manager
Susan Hammad, CPA, CIDA
Susan Hammad is a finance professional with extensive expertise in audit, investment analysis, corporate finance, strategic planning, budgeting. a Certified Public Accountant (CPA) and holds the Certified Investments and Derivatives Auditor (CIDA) designation, reflecting her depth of knowledge in both financial reporting and complex investment instruments.
Her career foundation was built at Deloitte, where she gained rigorous experience in audit, assurance, and advisory services. She later advanced into investment analysis and corporate finance, applying her skills to guide strategic decision-making and evaluate opportunities across diverse industries.
With almost a decade of leadership in the aviation sector, Susan has specialized in financial planning, cost management, combining analytical expertise with operational insight. Her background enables her to bridge the gap between finance, operations, and strategy, consistently delivering value in complex and dynamic environments.
Investments
Higleig Petroleum Services and Investment Company ("HPSIC")
Established: 1997
Energy House Shareholding: 64%
HPSIC is a Sudanese company working in EPC, civil/infrastructure and the oil & gas industries in Sudan, South Sudan and Iraq. They are also qualified and capable of oil drilling and oil & gas plant construction.
HPSIC has the advantage of a large scale operation and asset base, combined with long operational experience in North Africa, which earned them a leading position as a preferred contractor for government projects.
Elite House Co. for Investment & Real Estate Finance Consulting (LLC)
Established: 2026
Energy House Shareholding: 100%
A company specialized in investment advisory services, real estate financing, and investing in available market opportunities.
It provides integrated solutions for individuals and businesses to support informed investment decision-making and maximize returns.
Its services include evaluating investment opportunities, assessing real estate assets,
structuring financing solutions, and preparing financial studies,
ensuring that clients’ needs are met in accordance with the highest standards of professionalism and transparency.
Nordic Energy FZE (“Nordic”)
Established: 2006
Energy House Shareholding: 92.5%
Nordic is a snubbing & work-over, coiled tubing and well intervention company, based and operating in the United Arab Emirates.
Since inception, Nordic has strategically grown from a small well services company to a company with a fleet of sophisticated thru-tubing tools, coiled tubing units and advanced snubbing & work over units.
To better supply the customers with oilfield servicing solutions, the company also offer specialized fishing tools, thru-tubing cutting systems, and scale removal systems to its services. With its unique expertise, Nordic also provides support to drilling operations by supplying equipment and personnel on many well service operations within the oil and gas industry, that sets Nordic apart from any other company in the Middle East region.
The company is currently active in Turkmenistan, Oman and Saudi Arabia.
Al-Taqa Fund
In 2012, Energy House invested in the Al-Taqa Fund L.P. (a Sharia compliant parallel fund) through AREF Energy International Limited (a 100% subsidiary of Energy House and an exempted company incorporated in the Cayman Islands with limited liability). Kerogen capital is an independent private equity fund adviser established in 2007. It manages the Kerogen Energy Fund L.P. (and the parallel Sharia compliant Al-Taqa Fund L.P.), collectively a USD 1 Billion Fund, which specializes in providing growth and development capital to small and medium- size companies in the oil and gas sector. Kerogen Capital is based in Hong Kong with a presence in London. Kerogen Capital focuses on investments in international emerging basins, particularly those with a nexus to Asian demand and investment flows. It also invests selectively in unconventional oil and gas projects. The Kerogen team is comprised of oil and gas industry experts with technical, operational and private equity management experiences, in addition to an extensive strategic network.
www.kerogencap.com
Saudi Makamin Company for Oil and Gas Services (“Makamin”)
Established: 2008
Energy House Shareholding: 10%
Saudi Makamin provides diverse services to the oil and gas sector in the Kingdom of Saudi Arabia and abroad including work-over and deep-water drilling, non-destructive testing services, fabrication of pipelines, site preparation, geophysical and geological studies. In addition to that, the company offers other services involving advanced-technologies throughout its investments and alliances with international partners including i-fields and SCADA services, manufacturing and supply of wireline tools (PNLs) and passive seismic.
Over the past few years, the company demonstrated great ability to undertake operational contracts with high success rates in its bidding activities with major oil and gas companies in the region, including Saudi Aramco. Makamin also took great steps in creating successful international alliances.
Makamin is progressing rapidly to increase its market share in the Kingdom of Saudi Arabia and implement more operational projects in the region through its distinctive business development and marketing teams who are closely monitoring the market to capture lucrative business opportunities in order to maintain and grow the company’s profits and overall financial performance.
Enaro Wholesale Gold Bullion Company (LLC)
Established: 2025
The company is one of the specialized firms in the wholesale trading and distribution of gold bullion,
providing integrated solutions for the supply of precious metals in accordance with the highest standards of quality and reliability
Investor Relations
Investor Relations Policy
The Company’s Investor Relations Unit is committed to providing investors with relevant data, information, and reports concerning the Company’s performance in order to keep them informed of the latest developments. The Investor Relations Unit maintains effective communication with all investors, whether current or potential.
For any inquiries, please contact:
Investor Relations
Tel: +96522260074 – Ext. (678)
Email: compliance@energyhouse.com.kw
Corporate Governannce
Corporate Governance
Energy House Holding Company is committed to generating standards of governance to ensure the achievement of company strategic objectives and keep the shareholders and stakeholders rights in line with the fifteenth book of the executive regulations of the Capital Markets Authority in the State of Kuwait.
The key objectives of corporate governance and oversight is achieving transparency and credibility, the ability handle crises and enhance administrative efficiency and to enhance management efficiency, thereby achieving protection for the shareholders.
In addition, these regulations emphasize the importance of adhering to the provisions of the law, ensure the financial performance review and the existence of administrative structures, reinforce control and audit procedures, raise the level of responsibilities, promote fairness and transparency and eliminate conflicts of interest.
Board of Directors and Committees:
The role of the Board is reflected in the representation of the company’s shareholders and take responsibility of the company’s management through the application of an effective governance system, and have a board of directors supervisory role through his leadership and control company business, as for the company daily operations, it is handled and managed by the executive management.
The general framework of the principles of corporate governance in the company is based on the independence of the Board of Directors and the segregation of the role of the supervisory board and the executive management. Therefore, the company has formed a number of committees that work on the follow-up the activation of corporate governance regulations and enhance the level of transparency and integrity in their operations, including:
The Audit Committee
The Audit Committee is primarily responsible for assisting the Board in performing its responsibilities regarding the integrity of the financial statements, the performance of the external auditors, and monitoring the internal audit function, business practices and ethical standards of the Company in a manner consistent with the applicable regulatory requirements.
The Risk Committee
The Risk Committee is working to assist the Board in the performance of its responsibilities in the supervision of the existing and future risk situations as well as its role in determining the risk tendency of the company and to identify methods and mechanisms to mitigate risks along with the regulatory requirements applicable in this regard.
The Nomination and Remuneration Committee
The primary role of the Nomination and Remuneration Committee is the selection and giving recommendation to the Board of Directors about nomination for new membership of the Board and its committees and executive management with candidates are able to strengthen the Board and executive management ability to manage and guide the company’s businesses effectively. Besides its role in the development of a clear policy for granting of bonuses and compensation that would establish the principle of belonging to the company and motivate employees to work to achieve the company’s goals.
Transparency and Disclosure of information
The company is committed to disclose the exact integrated information to shareholders within the framework of transparency. The company guarantees the application of integrated practices and procedures for disclosure of information, since transparency creates the atmosphere of trust and confidence internally and externally.
Code of Ethics
The company seeks to apply the highest standards in the values of professional ethics conduct which are based on a number of bases and major props, also the company expects from their employees and all its representative to act in accordance with the highest personal integrity and professional standards in all activities and comply with the laws and regulations as well as the company’s policies.
Those bases has been developed through a system of policies and procedures, which include:
Code of Ethics
Organize the transactions with related parties
Organization of conflict of interest
Protecting the stakeholders rights
Shareholders Right
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The complaints and whistleblowing Unit
In case of any complaint, kindly hand over all related supporting documents followed either of the following ways:
By hand to the company’s headquarters located at the Al-Enmaa Tower, 14th Floor, Abdullah Al-Mubarak Street, Kuwait City.
By regular mail to the following address: PO Box 21909 Safat 13080 Kuwait.
By e-mail: whistleblowing@energyhouse.com.kw
Disclosure & News
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Energy House (EHH) organized Blood Donation Campaign 01 August 2018
01/08/2018
Consistent with Energy House social responsibility policy through participating in various social activities. EHH has organized in its head office a Blood Donation Campaign in coordination with Central Blood Bank of Kuwait on Wednesday 1st August 2018.
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Energy House (EHH) organized Blood Donation Campaign 01 August 2018
01/08/2018
Consistent with Energy House social responsibility policy through participating in various social activities. EHH has organized in its head office a Blood Donation Campaign in coordination with Central Blood Bank of Kuwait on Wednesday 1st August 2018.
Contact Us
Al-Enmaa Tower, Floor 14,
Abdullah Al-Mubarak Street,
Al- Mirqab, Kuwait City
P.O. Box : 21909 Safat, 13080 Kuwait
Tel : +965 2226 0074
Fax : + 965 2247 7580
Website : https://energyhouse.com.kw
Email : info@energyhouse.com.kw
Whistle Blowing
If any employee or External Party reasonably believes that some policy, practice, or activity of The Company is in breach of law, regulatory requirements or applicable regulations, a written complaint may be filed through the Whistle Blowing Mechanism of the Company.
To report under the Whistle Blowing Mechanism, please fill the Whistle Blower Form and submit the same with any supporting documents to compliance@energyhouse.com.kw
Al-Enmaa Tower, 14th Floor, Abdullah Al-Mubarak Street, Mirqab
P.O. Box 21909, Safat 13080, Kuwait
