Activities:

Established in 1975, AREF Investment Group is a Kuwaiti closed shareholding company listed on the Kuwait Stock Exchange. With a share capital of KD 106,129,148 million (approx. USD 399 million) the Company is monitored by the Central Bank of Kuwait.

AREF is considered to be amongst the leading investment institutions in the region focusing investments in various sectors and activities. Along with its’ affiliates and subsidiary companies, AREF forms a conglomerate of Holding companies that are diversified in various sectors. AREF has projects in growing regional markets in the following sectors: Investment, Banking and Finance, Energy, Logistic Services (including Aviation, Sea and River Transportation), Real Estate Investment, Food services (including livestock and agriculture), and the Public Services sector which include Health, Educational and IT services.

MB Ties: According to Al-Shahed, Aref is the right hand of MB in Kuwait and Sudan.

Ties to the West: Harvest Financial Services Limited, one of Ireland’s leading financial advisory firms. Wholly owned by its management, Harvest has been trading since 1993 and now employs over 50 staff. In their website they mentioned that their clients that include the World Bank also Aref Investment Group.