- CEO
- Abdulmohsen Saleh Suleiman Al-Tukhaim
- Sector
- Finance
- Industry
- Investment managers
- Address
- Kuwait City Kuwait
- IPO Date
- Dec 1, 2001
- Business
- First Investment Co. K.S.C.P. is a Kuwait-based Islamic financial investment and asset management firm engaged in Sharia-compliant direct investments, asset management, real estate development, and corporate advisory services. Founded in 1997 and headquartered in Kuwait City, Kuwait, the company is listed on Boursa Kuwait under the ticker ALOLA and operates under the regulatory supervision of the Central Bank of Kuwait and the Capital Markets Authority. The company conducts its operations across four primary business segments: Asset Management, Direct Investments, Real Estate, and Financial Advisory. Its comprehensive portfolio of products and services includes discretionary and non-discretionary equity portfolio management; private equity investments in energy, petroleum services, industrial, and infrastructure sectors; Sharia-compliant investment funds, including public equity funds, money market instruments, and specialized property funds; Islamic structured financing facilities comprising Murabaha, Mudaraba, Wakala, and Ijara contracts; real estate asset acquisition, development, property management, and commercial leasing across residential, commercial, and hospitality properties; corporate finance advisory, mergers and acquisitions consulting, capital raising, and debt restructuring services; and customized wealth management solutions for high-net-worth individuals, family offices, and institutional investors. The company maintains geographic operations across Kuwait, the Kingdom of Saudi Arabia, the United Arab Emirates, and the broader Middle East and North Africa region, overseeing operating subsidiaries and associate entities including First Petroleum Services Company. In recent developments, First Investment Co. K.S.C.P. has undertaken strategic balance sheet reorganizations and executed debt settlement agreements with regional financing institutions to de-leverage its balance sheet and enhance operational liquidity. The company has also pursued portfolio rationalization through the strategic divestment of non-core holdings, redeploying capital into high-yield, income-generating real estate and private equity assets in Saudi Arabia and Kuwait, while executing capital restructuring measures to optimize its equity base and rolling out upgraded digital reporting infrastructure for its institutional asset management clients.