'National Investments' Achieves Distinctive and Strong Performance with Net Profits of 12.3 Million Kuwaiti Dinars and Earnings Per Share of 15.4 Fils in Q2 2026
Other comprehensive income amounted to approximately 5 million Kuwaiti dinars during the second quarter of the current year.
Khaled Al-Fahad:
● Maintaining the company’s strong financial position and the quality of its investment assets
● Developing investment products that meet the needs of various customer segments and keep pace with market developments
Fahad Al-Muheizim:
● Consolidating its position as a leading company in providing investment services and innovative, high-impact deals
● Executing several landmark deals exceeding $2.5 billion in the first half of the year
National Investments Company announced its financial results for the second quarter of the current year ending on June 30, 2026. In a press statement yesterday, the company said it continued to maintain the robustness of its financial position, reflecting its ongoing commitment to preserving a strong financial base that supports its ability to navigate economic changes and seize investment opportunities aligned with its long-term strategy. This resilience was achieved despite the continued volatility in regional and global financial markets and the challenges they pose to the investment environment. Consequently, the positive indicators that began to emerge during the second quarter reflect the soundness of the approach adopted by the company.
The statement noted that the company recorded revenue growth of 17 million dinars during the second quarter of the current year, with other comprehensive income reaching approximately 5 million dinars. The company achieved a net profit of 12.3 million Kuwaiti dinars for the three months ended in June, equating to 15.4 fils per share. On the other hand, total assets amounted to 353.6 million dinars, while total shareholders’ equity of the parent company reached 206.6 million dinars. Meanwhile, managed assets totaled 1.3 billion dinars by the end of the period.
The statement quoted National Investments Company’s Board Chairman, Khaled Al-Fahad, as saying that the second quarter results of 2026 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.
He 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. These efforts contributed to mitigating the impact of volatility and maintaining the strength of its financial position.
Strategic vision enhancing sustainable growth
In a related development, Al-Fahad emphasized that the results recorded during the second quarter confirm the company’s success in strengthening its operational resilience and improving business management efficiency, which positively reflected on its performance compared to the beginning of the current year. He added that the company continues to implement its strategic plans according to a vision centered on achieving balanced and sustainable growth. This is pursued by maintaining a strong financial position, enhancing the quality of its investment assets, and continuously developing its risk management, governance, and corporate oversight systems in line with global best practices. This approach enhances its ability to address changes and achieve stability and growth in the long term.
He further noted that the company continues to invest in developing its institutional capabilities and human capital, improving operational efficiency, and accelerating the pace of digital transformation. These initiatives contribute to enhancing service quality and operational efficiency, alongside continuing to develop investment solutions and products that meet the needs of various customer segments and keep pace with rapid market developments.
Al-Fallaah noted that the company’s strong capital base and robust liquidity enable it to seize high-quality investment opportunities when they arise, whether in the local or regional markets, thereby supporting asset growth and delivering sustainable returns that enhance shareholder value.
He further 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 across its various activities, driven by the importance of balancing economic performance with the company’s societal impact.
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, whose expertise and commitment have strengthened the company’s ability to navigate various changes and achieve results that reflect the institution’s resilience. He highlighted the ongoing commitment to a balanced strategy grounded in financial discipline, prudent risk management, and strategic investment, all aimed at enhancing the company’s capacity to deliver sustainable value to shareholders and solidifying its position as a leading investment institution in the Kuwaiti market and the wider region.
**Key Milestones in the Company’s Performance**
For his part, Fahd Al-Muheizim, Board Member and Chief Executive Officer of National Investments, stated that the continued leadership of the Financial Advisory unit within the Banking and Alternative Investments sector is reinforcing its position as a dominant force in Kuwait’s equity markets. This is achieved through executing innovative and high-impact transactions that bolster its reputation as a trusted and reliable investment bank. During the first half of the year, the company executed transactions with a total value exceeding $2.5 billion.
Notably, the initial public offering (IPO) and listing of Trolley General Trading in March 2026 exceeded expectations. This landmark transaction represented the sole IPO in Kuwait during the first half of 2026. The company distinguished itself by achieving a record-short interval between the completion of the subscription process and the listing date, underscoring its leadership in innovating and executing equity offerings in a selective market environment. The offering achieved a subscription coverage ratio of 15.2 times the base offering size, with demand values surpassing KD 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 book manager, National Investments 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.
Al-Muheizim added that the company exceptionally managed to extend 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 date until the end of the second quarter of the current year, representing a 47.2% increase. This performance 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.
He further pointed out 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 IPO attracted thousands of subscribers, alongside significant participation from international institutional investors from the United Kingdom, Saudi Arabia, and the UAE. This success enhances Kuwait’s standing as a destination for high-quality equity offerings and cross-border capital flows.
He noted that the company advanced a robust pipeline of equity market transactions, including preliminary preparations for anticipated initial public offerings in the education and retail sectors via its electronic platform in the Gulf Cooperation Council (GCC) countries, as well as a private placement for a capital increase at one of the largest transportation companies operating in the GCC. The private placement for this transaction launched in June 2026 and lasted for two weeks. Additionally, the company assessed the feasibility of listing a company operating in the food and beverage sector on the Kuwait Stock Exchange, evaluated the financing needs of a firm in the entertainment sector, and carried out preliminary review and structuring work for the initial public offering of a leading, professionally managed group in the information technology services and systems integration sector in the Middle East.
Regarding the performance of the Institutional and Wealth sector, Al-Mikhaeeim pointed out that the sector continued to achieve strong results during the second quarter, with dozens of new investment portfolios of various types being added. The value of assets under management at the company rose by 6.45% by the end of the second quarter of this year compared to the first quarter of the same year, reflecting the sector’s continued growth and its contribution to enhancing the company’s total assets under management.
Furthermore, the sector, in collaboration with relevant departments, continued implementing initiatives to develop electronic platforms to elevate the level of services provided to investors, alongside developing 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 performance of the Asset Management sector, Al-Mikhaeeim commended the performance of the company’s investment products during the second quarter, despite the challenges faced by GCC markets due to geopolitical developments and the associated exceptional conditions, fluctuations in investor sentiment, and liquidity movements in the region.
Some of the company’s funds and investment portfolios showed positive results during the second quarter of the year, within an investment environment characterized by volatility and challenges. This reflects the ability of the employed investment strategies to adapt to the changes witnessed by the markets during this period.
Additionally, the Financial Instruments team continued, during the first half of the year, to add four newly listed companies on the Kuwait Stock Exchange to its market-making portfolio, 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.
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Al-Mikhaeeim clarified that the Real Estate sector achieved positive performance during the first half of the year, supported by rising occupancy rates in owned and managed assets. This contributed to enhancing 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.
Expanding Horizons for Future Growth
Regarding the context of future growth, Al-Muhezaim informed that the Strategy and Corporate Development sector continued to implement the five-year transformation strategy during the first half of this year, achieving notable progress in its implementation phases. The company also continued to develop its products and services through advancements in the electronic trading project, completion of procedures related to updating investment funds, issuance of the 2025 Sustainability Report, and initiation of preparations for the 2026 Sustainability Strategy. Internal initiatives within the company saw progress in transitioning to an AI-First company by applying artificial intelligence technologies, thereby enhancing the company’s innovation capabilities and operational efficiency.
On the other hand, Al-Muhezaim highlighted the contribution of the Technology and Digital Transformation sector in strengthening digital infrastructure and business continuity, and launching several digital services and systems, most notably the digital subscription system, which contributed to improving operational efficiency, enhancing risk management, and initiating the implementation of the Odoo real estate system. This enhances governance and supports the company’s readiness to adopt the latest digital solutions and achieve sustainable growth.
Al-Muhezaim praised the efficiency of human capital at National Investment Company, where the localization rate reached 70%, and the representation of women increased to 32%. The “SHIFT” program continued to qualify Kuwaiti female graduates for the investment sector, alongside the “Bidayah” and “Ascend” programs aimed at developing early-career professionals. The sector also continued investing in employee capacity building through training and professional programs, including the “Outward Mindset” initiative, while enhancing operational readiness and business continuity, developing succession planning, and preparing future leaders, thereby supporting talent sustainability and strengthening corporate culture.
In conclusion of his statement, Al-Muhezaim emphasized that National Investment Company 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 investing in developing its operations and operational capabilities, thereby solidifying its competitiveness and reinforcing its position as a leading financial institution, while committing to providing innovative investment solutions that contribute to achieving sustainable value for shareholders and clients, and supporting the national economy’s progress.
Successive Achievements
National Investment Company continued to strengthen its leading presence in Kuwait and the region, receiving several distinguished awards across three main sectors that represent the pillars of the company’s operations: Marketing and Corporate Communications Sector – “Best Investment Brand in Kuwait 2026”; Asset Management Sector – “Best Asset Management Company in Kuwait 2026”; and Institutions and Wealth Sector – “Best Investor Relations Company in Kuwait 2026”. These awards were part of the Global Banking and Finance Review Awards 2026, a leading media platform and printed magazine that provides independent analyses, news, and opinions on the world of banking, finance, investment, and fintech, offering decision-makers in the financial sector a comprehensive and balanced perspective.
Expansion in Regional Markets
Continuing its regional expansion, the National Investment Company (NIC) has opened its first regional headquarters at the Dubai International Financial Centre (DIFC), strengthening its presence and broadening its investment services to meet the needs of a wider client base both within the region and beyond. The company is currently pursuing regional expansion in Gulf markets to support its goal of establishing a regional distribution network and enhancing access to investment opportunities, in line with its strategy to consolidate its presence in Gulf markets, expand its investment services, and deliver comprehensive financial solutions that meet client needs.
