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. Ahmad E. Al-Sumait
Chairman

Mr. Al-Sumait has extensive banking experience over 20 years, he is currently the General Manager Treasury Kuwait at Kuwait Finance House (KFH).

During his career in the bank, he has been in a number of senior and leadership roles.

The member has previously held roles in the Ministry of Interior and at Bank of Kuwait & the Middle East (currently Ahli United Bank).

He was the Secretary General for the Kuwait Financial Markets Association, as well as, the Kuwait Country Representative for the Interarab Cambist Association.

Mr. Al-Sumait holds a Bachelor of Economics and Political Science from Kuwait University

Mr. Abdullah K. Abu Hadedah
Vice Chairman

Abdullah has over 15 years of experience in the fields of investment banking, asset management, and financial advisory services, covering the real estate, insurance, oil and gas sectors.

He is currently Vice President in the Private Equity Department at KFH Capital.

Previously, Abdullah has worked with many companies such as Energy House Holding Company, Alghanim Industries, Global Investment House and National Bank of Kuwait (NBK).

He is currently a board member of the International Turnkey Systems Group Company (ITS), KMC Holding and Development Enterprise Holding Company (DEH).

Abdullah is a graduate of Kuwait University, where he received a degree in Finance & Financial Institutions.
Furthermore, he also holds a Certified Financial Analyst (CFA).

Mr. Yousef K. Al-Qabandi
Board Member

Mr. Al-Qabandi has nearly 30 years of experience in the oil sector. He has held a variety of senior positions at Kuwait Petroleum Corporation (KPC) working in Marine Management, International Marketing and Sales (crude oil, jet fuel, naphtha and gasoline), Governmental Relations, and his last position as Deputy Managing Director for International Marketing and Sales.

He is currently Board member in Higleig Petroleum & Investment Co and Saudi Makamin Oil & Gas Services

Mr. Al-Qabandi holds a Bachelor of Science degree in Industrial Management from Kuwait University.

Eng. Abdulrahman S. Al-Barjas
Board Member

Mr. Al-Barjas has an extensive experience over 15 years in the private and banking sectors. He is currently Vice President of the Real Estate Investment Department at KFH Capital.

Mr. Al-Barjas previously worked with other investment companies such as A’ayan Leasing and Investment Co. and Boubyan Capital.

He was a Board member in several companies such as KMC Holding Co., and KFH Real Estate.
Mr. Al-Barjas is a graduate of Kuwait University, where he received a degree in Computer Engineering, he also holds a Certified Financial Analyst (CFA).

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.

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. Sameer M. Al-Tawil
Chief Financial Officer

Mr. Al-Tawil is responsible for the financial leadership of the Energy House Group. He named Group Chief Financial Officer of Energy House Holding effective from January 2017. Prior to being named CFO, Mr. Al-Tawil was Senior Audit Manager in Deloitte Kuwait. Mr. Al-Tawil is a chartered accountant, he has over 17 years of experience in the field of audit , assurance , accounting and financial advisory he Spent most of his experience with big four auditing firms in Egypt and in Kuwait through his career with PwC and Deloitte. Mr. Al-Tawil proven areas of competency Across his career, he gained highly diversified experience in different sectors of Oil & Gas, Real Estate, Investment, Construction, and Manufacturing.Mr. Al-Tawil holds a Bachelor’s Degree in Commerce from Ain Shams University – Egypt in 1999. And earn a diploma in Feasibility study and project management from Cairo University – Egypt in 2007. He is a Certified Public Accountant (CPA) from New-Hampshire board of accountancy – the USA and holds a certificate in International Financial reporting Standards (IFRS) from ACCA.