National Investments posts strong performance with net profits of 12.3 million dinars and earnings per share of 15.4 fils in the second quarter of 2026
- Other comprehensive income amounted to approximately 5 million dinars.
- Khaled Al-Falah:
- “National Investments” maintains the strength of its financial position and the quality of its investment assets.
- Continues to develop investment solutions and products that meet the needs of various customer segments and keep pace with rapid market developments.
- Fahad Al-Makhzoum:
- “National Investments” continues to consolidate its position as a leading company in providing investment services and innovative, high-impact deals.
- The company continued to execute several landmark deals with a total value exceeding $2.5 billion during the first half of the year.
National Investments announced its financial results for the second quarter of the current year ending on June 30, 2026, continuing to maintain the robustness of its financial position, reflecting its ongoing commitment to preserving a strong financial base that supports the company’s ability to navigate economic changes and seize investment opportunities aligned with its long-term strategy. This resilience was demonstrated despite the continued volatility in regional and global financial markets and the challenges they pose to the investment environment. Consequently, the positive indicators emerging during the second quarter reflect the soundness of the approach adopted by the company.
During the second quarter of the current year, the company recorded revenue growth of 17 million dinars, with other comprehensive income reaching approximately 5 million dinars. The company achieved a net profit of 12.3 million dinars for the three months ended June 30, 2026, equivalent to 15.4 fils per share.
On the other hand, total assets amounted to 353.6 million dinars, while total equity attributable to shareholders of the parent company reached 206.6 million dinars. Meanwhile, the value of assets under management stood at 1.3 billion dinars by the end of the second quarter of the current year.
Speaking on the matter, Khaled Waleed Al-Falah, Chairman of the Board of Directors at “National Investments,” stated that the Q2 2026 results reflect the company’s ability to adapt to an investment environment characterized by volatility and heightened caution in financial markets, alongside a gradual improvement in performance compared to the first quarter. This progress was supported by the easing of some geopolitical pressures and improved activity in several markets, despite increased caution in financial markets. He further clarified that the company continued to follow a balanced investment strategy focused on preserving asset quality, enhancing portfolio management efficiency, and implementing effective risk management policies, which helped mitigate the impact of volatility and maintain the strength of its financial position.
In the same context, Al-Falah emphasized that the results recorded during the second quarter of the year confirm the company’s success in strengthening its operational resilience and improving the efficiency of its business management, which positively impacted its performance compared to the beginning of the year. He noted that the company continues to implement its strategic plans according to a vision centered on achieving balanced and sustainable growth, by maintaining the strength of its financial position, enhancing the quality of its investment assets, and continuously developing its risk management, governance, and corporate control systems in line with global best practices. This enhances its ability to navigate changes and achieve stability and long-term growth.
He added that the company continues to invest in developing its institutional capabilities and human capital, improving operational efficiency, and accelerating the pace of digital transformation, contributing to enhanced service quality and operational efficiency. Additionally, the company persists in developing investment solutions and products that meet the needs of various customer segments and keep pace with rapid market developments.
Al-Fallaah pointed out that the company’s strong capital base and robust liquidity give it significant capacity to seize high-quality investment opportunities when they arise, whether in the local market or regional markets, thereby supporting asset growth and delivering sustainable returns that enhance shareholder value. He also emphasized that sustainability has become an integral part of the company’s strategy, as it continues to integrate governance, sustainability, and corporate social responsibility principles into its various activities, driven by the importance of balancing economic performance with the company’s societal impact.
In conclusion of his remarks, Al-Fallaah expressed his appreciation for the continuous trust and support from the Board of Directors, commending the efforts of the executive management and all employees of National Investments Company. He noted that their expertise and commitment have strengthened the company’s ability to navigate various changes and achieve results that reflect the institution’s strength, while continuing to operate in accordance with a balanced strategy grounded in financial discipline, prudent risk management, and calculated investment, thereby enhancing its capacity to deliver sustainable value to shareholders and consolidating its position as a leading investment institution in the Kuwaiti market and the region.
For his part, Fahd Abdulrahman Al-Muheizim, Board Member and Chief Executive Officer at National Investments, stated that the continued leadership of the Financial Advisory Management within the Banking and Alternative Investments sector is solidifying its position as a dominant force in Kuwait’s equity markets. This is achieved through executing innovative, high-impact transactions that reinforce its reputation as a trusted and reliable investment bank. The company executed transactions exceeding a total value of $2.5 billion during the first half of the year. The initial public offering (IPO) and listing of Trolley for General Trading in March 2026 surpassed expectations, representing the only IPO in Kuwait during the first half. The company distinguished itself by completing the offering and achieving a record listing date in a remarkably short timeframe, underscoring its leadership in innovating and executing equity offerings in a selective market environment. This offering achieved a subscription coverage ratio of 15.2 times the base offering size, with bid values exceeding KWD 776.7 million, reflecting strong confidence in the issuer and the efficiency of the transaction structuring. As the bookrunner, exclusive listing advisor, joint lead coordinator, and joint bookrunner, National Investments Company led the transaction through all its stages, from structuring and coordination with regulatory authorities to building the order book, initial and final allocation, and successful listing. Furthermore, the company exceptionally extended the listing approval to mitigate the negative impact of regional tensions and ensure robust trading following the listing. The share price rose to 910 fils from its listing until the end of the second quarter of this year, representing a 47.2% increase, which reflects the success of the offering and listing execution, the efficiency in managing various stages, and the company’s professionalism in applying innovative business models.
Al-Muheizim continued, noting the company’s success in smoothly managing all regulatory procedures in coordination with the Capital Markets Authority, the Kuwait Stock Exchange, and the Kuwait Clearing Company, culminating in a successful listing on the Main Market of the Kuwait Stock Exchange. The offering attracted thousands of subscribers, alongside significant participation from international institutional investors from the United Kingdom, the Kingdom of Saudi Arabia, and the United Arab Emirates, thereby enhancing Kuwait’s position as a destination for high-quality equity offerings and cross-border capital flows.
In parallel, the company advanced a robust portfolio of equity market transactions, including preliminary preparations for anticipated initial public offerings (IPOs) in the education and retail sectors via its electronic platform in the Gulf Cooperation Council (GCC) countries; a private placement for a capital increase at one of the largest transport companies operating in the GCC, whose private subscription launched in June 2026 and lasted for two weeks; an assessment of the feasibility of listing a food and beverage company on the Kuwait Stock Exchange; an evaluation of financing needs for an entertainment sector company; and initial review and structuring work for the IPO of a leading, professionally managed information technology services and systems integration group in the Middle East.
Regarding the performance of the Institutional and Wealth segment, Al-Mikhaeeem noted that the sector continued to deliver strong results in the second quarter of 2026. Dozens of new investment portfolios of various types were launched, and the value of assets under management at the company rose by 6.45% at the end of the second quarter of the year compared to the first quarter, reflecting the sector’s continued growth and its contribution to enhancing the company’s total assets under management. Furthermore, in collaboration with relevant departments, the sector continued implementing initiatives to develop electronic platforms to elevate the level of services provided to investors, alongside refining internal procedures in line with best practices. These efforts aim to improve the efficiency of executing investor requests and enhance the quality of services offered.
As for the Asset Management segment, Al-Mikhaeeem commended the performance of the company’s investment products during the second quarter, despite the challenges faced by Gulf markets due to geopolitical developments and their associated exceptional conditions, fluctuations in investor sentiment, and liquidity movements in the region. Some of the company’s funds and investment portfolios posted positive results in the second quarter of the year, demonstrating the adaptability of the employed investment strategies to the market changes witnessed during the period, within an investment environment characterized by volatility and challenges.
Additionally, the Financial Instruments team added four newly listed companies on the Kuwait Stock Exchange to the market-making portfolio during the first half of the year, bringing the total number of companies to 20. This expansion reflects growing confidence in the company’s services and its efficiency in supporting securities liquidity and enhancing trading efficiency.
Al-Mikhaeeem clarified that the Real Estate segment achieved positive performance during the first half of the year, supported by rising occupancy rates in owned and managed assets. This contributed to strengthening operational stability and revenue sustainability. Furthermore, the company participated in the consortium offered by the Public-Private Partnership Projects Authority (KAPP) and the Ministry of Finance, as part of its strategy to enhance its real estate investments and contribute to implementing flagship projects that support economic development in accordance with the highest standards.
In the context of future growth, Al-Muhezaim reported that the Strategy and Corporate Development Department continued to implement the five-year transformation strategy during the first half of the year, achieving notable progress in its implementation phases. The company also continued to develop its products and services by advancing the electronic trading project, completing procedures related to the update of investment funds, issuing the 2025 Sustainability Report, and initiating the preparation of the 2026 Sustainability Strategy. Internal initiatives within the company saw progress in transitioning to an “AI-First” company through the application of artificial intelligence technologies, which enhanced the company’s innovation capabilities and operational efficiency.
On the other hand, Al-Muhezaim highlighted the contribution of the Technology and Digital Transformation Department in strengthening digital infrastructure and business continuity, and launching several digital services and systems, most notably the digital subscription system. These efforts contributed to improving operational efficiency, enhancing risk management, and initiating the implementation of the “Odoo” real estate system, thereby strengthening governance and supporting the company’s readiness to adopt the latest digital solutions and achieve sustainable growth.
Al-Muhezaim praised the efficiency of human capital at National Investments, noting that the localization rate reached 70%, while the representation of women rose to 32%. The “SHIFT” program continued to qualify Kuwaiti female graduates for the investment sector, alongside the “Bidayah” and “Ascend” programs, which aim to develop competencies among employees in the early stages of their careers. The Investment Department also continued to enhance employee capabilities through training and professional programs, including the “Outward Mindset” initiative. Additionally, the company strengthened operational readiness and business continuity, developed succession planning, and prepared future leaders, thereby supporting the sustainability of talent and reinforcing corporate culture.
In conclusion of his statement, Al-Muhezaim emphasized that National Investments enters the next phase with a vision focused on maximizing added value and enhancing its ability to seize investment opportunities under various conditions. He noted that the company will continue to invest in developing its operations and operational competencies, thereby solidifying its competitiveness and strengthening its position as a leading financial institution. This commitment includes providing innovative investment solutions that contribute to achieving sustainable value for shareholders and clients, while supporting the national economy’s progress.
National Investments continued to strengthen its pioneering presence in Kuwait and the region by receiving several distinguished awards across three key sectors that form the pillars of the company’s operations: the Marketing and Corporate Communications Department received the “Best Investment Brand in Kuwait 2026” award; the Asset Management Department was honored with the “Best Asset Management Company in Kuwait 2026” award; and the Institutions and Wealth Department won the “Best Investor Relations Company in Kuwait 2026” award. These accolades were part of the Global Banking and Finance Review awards.
As part of its regional expansion, National Investments opened its first regional headquarters at the Dubai International Financial Centre (DIFC). This move enhanced the company’s presence and expanded its investment services to meet the needs of a broader client base within and beyond the region. The company is currently pursuing further regional expansion in Gulf markets to support its goal of establishing a regional distribution network and enhancing access to investment opportunities. This aligns with the company’s strategy to consolidate its presence in Gulf markets, expand its investment services, and provide comprehensive financial solutions that meet client needs.
