NIG
IS A LEADING
INDUSTRIAL CONGLOMERATE
To transform NIG into a leading industrial conglomerate in the mena region with strong financials, efficient processes and sound corporate governance.
Subsidiaries
NIC
NATIONAL INDUSTRIES COMPANY
National Industries Company (NIC) is the leading and one of the most prestigious companies specialized in the manufacture and marketing of building materials and infra-structure products in the State of Kuwait.
The company was established in 1960 and is a subsidiary of National Industries group (NIG) which has a portfolio of many industrial and financial companies in the Middle East, Europe and North America.
NIC owns 16 factories and two rock quarries. Its work force consist of 1800 employees in various fields of specialization.
The Company achieved a tremendous success in keeping abreast with the urbanization and building movement in the local and regional markets by timely expanding its industrial base in pursuant to a product diversification strategy, being the only domestic company that produces such products as Sand lime, Limestone, Large Diameter Concrete Pipes, High Density Poly Ethylene pipes and Ceramics.
NOOR
NOOR FINANCIAL INVESTMENT COMPANY
Noor Financial Investment Company (“Noor”) was established in Kuwait in 1996 and its shares were listed on the Kuwait Stock Exchange in May 2006. Noor is engaged in investment activities and financial services primarily in Kuwait, the Middle East, Asia, and other emerging markets. Noor offers a full spectrum of innovative and unrivalled investment and financial services which include both advisory and asset management.
Noor’s strength rests on its diversified portfolio of Direct Capital Market Investments, Real Estate and Alternative Investments. Noor manages a proprietary listed equity portfolio comprising of local, GCC and international equities. The Marketable Securities Unit continues to successfully deploy funds in GCC and International equity markets achieving strong returns.
PROCLAD
PROCLAD GROUP
The Proclad Group has firmly established itself as one of the world's leading solutions providers to the oil, gas, energy and engineering services industries with our unique, integrated approach that enables us to provide any individual service or indeed the complete turnkey solution.
The Group's origins date back to the 1970s and our continued investment and acquisition strategy driven by the vision and determination of CEO, Yaseen Jaffer, has seen the company grow to our current position with Headquarters in Dubai with additional manufacturing facilities in the UK and Singapore.
One of our core values is to continually build on the knowledge, expertise and experience that our team offers. This has been vital in establishing our position as innovators and market leaders in each of our specialist solutions as well as being able to offer clients advice, support and technical support which is unrivalled in the industry.
However, we are continually looking to invest in the future and develop the next generation of solutions providers through our pioneering Proclad Academy which delivers training in all aspects of engineering, from welding through to best practice and health and safety.
It's this type of thinking which enables us to deliver world class solutions to some of the world's leading companies.
IKARUS PETROLEUM
IKARUS PETROLEUM INDUSTRIES
Ikarus is an investor in the Middle East energy industry. Led by a team of experienced industry professionals, the company is a major shareholder in a growing portfolio of petrochemicals manufacturing operations. Ikarus brings a world of energy expertise to a region that is fast becoming the global powerhouse for energy & petrochemicals production. Incorporated in the State of Kuwait, Ikarus was listed on the Kuwait Stock Exchange in 2008.
Ikarus was founded by National Industries Group (NIG), the oldest and largest public sector industrial company in Kuwait. NIG retains a major shareholding in the company, giving Ikarus a solid financial backing.
EAGLE
Eagle Investment Company
Eagle is a global investment and advisory business that is dedicated to creating value for its clients, shareholders, and companies with which we partner.
Under the leadership of our Board of Directors and Senior Management, we have expanded our capabilities from our core investment franchise to include three separate, yet complimentary business units. We organize our three units into the following: Financial Advisory, Corporate & Operational Finance services, and Principal Investing.
The diversity of our business offering, through both our client-focused services and principal investing activities, builds on our knowledge, relationships, and experience, and allows us to take advantage of a wide range of investment opportunities.
ALDURRA
AL DURRA NATIONAL REAL ESTATE
Al Durra National Real Estate Company was established in 2005 to provide leadership in the expanding real estate industry throughout the GCC countries and the MENA region. The company secures the latest information about market trends to ensure the continuity of its innovative development and accelerated growth. Al Durra is committed to providing a top level of professionalism in all of their work by utilizing the highest expertise in the real estate sector Al Durra looks forward to continued growth through several strategic alliances in the GCC and MENA real estate sectors.
Al Durra National Real Estate company is involved in every facet of the real estate industry, including purchasing, developing and selling both properties and land. Al Durra is also a leader in property maintenance throughout the region.
Additionally, the company is committed to their management and operating endeavors, including their involvement with hotels, clubs, residential properties, resorts, sporting stores, restaurants, galleries, parks and gardens.