- Business
- Humansoft Holding Company K.S.C.P. (HUMANSOFT.KW) establishes and operates private universities and colleges primarily in Kuwait, with additional technology and e-learning services across the GCC region. Founded in 1994 and headquartered in Kuwait City at Dar Al-Awadhi Tower, the company operates through its Higher Education and Others segments; it serves over 13,000 students annually, with more than 60% female enrollment, targeting undergraduate and diploma programs in engineering, business administration, information technology, and related fields. Core offerings include the American University of the Middle East (AUM), Kuwait's top-ranked private university by QS and Times Higher Education with bachelor's and master's degrees in engineering (chemical, mechanical, civil, industrial, computer, electrical), business administration, architecture, and artificial intelligence; the American College of the Middle East (ACM) providing diploma degrees in business administration, information technology, engineering technologies (civil, chemical, petroleum, mechanical), and professional certifications; e-learning solutions encompassing IT, business, desktop, and language content via learning management systems; technical, application, and business skill courses; career development and job placement services; computer programming; advertisement publication and distribution; technology, e-commerce, and media services; and consultancy for e-learning implementation, hosting, and administration, supplemented by school management and training.
The company maintains international accreditations including ABET for engineering programs, AACSB and ACBSP for business, QAA institutional accreditation for AUM, and partnerships with Purdue University, UC Berkeley, HEC Montréal, Babson College, and CERN; it emphasizes sustainability, ranking first in Kuwait by GreenMetric and THE Impact Rankings, with over 1,200 trees planted on campus and 150+ community initiatives since 2020.
Recent developments include AUM advancing to #401-500 in Times Higher Education World University Rankings 2025 and #563 globally in QS World University Rankings 2026 while retaining Kuwait's #1 position; enrollment of 2,684 new students in Fall 2024 for a total of 13,130 across AUM and ACM; promotion of over 55 faculty members in 2024; launch of new majors, master's programs, and an AI and Innovation Center; expanded international collaborations such as with Gulf Petrochemicals and Chemicals Association; release of the 2024 Sustainability Report; 5% bonus shares alongside 350 fils cash dividend per share for FY 2023 (payout ratio 107%) and 350 fils cash dividend for FY 2024 (payout ratio 117%); share capital increase to KD 12.83 million in 2023; Capital Markets Authority approval for treasury share dealings; and strong financials with FY 2024 net profit of KD 40 million, revenue of KD 79.2 million, EBITDA of KD 43.1 million, net cash of KD 71 million as of Q3 2024, and annualized ROAE of 33% in 9M 2024.