National Bank of Kuwait

National Bank of Kuwait (NBK), established in 1952, is the first indigenous bank and shareholding company in the Gulf region. Renowned for its stability and strategic management, NBK provides a comprehensive range of financial and investment services to individual, corporate, and institutional clients. The bank has earned a reputation for excellence, characterized by consistent profitability, high asset quality, and strong capitalization. With a significant market share, NBK serves a diverse and expanding clientele in the region. Its extensive overseas branch network positions it as a key player in major global financial centers. The bank offers various financial products, including working capital loans, letters of credit, project finance, and syndications, catering to sectors such as petrochemicals, oil and gas, power and water, renewables, and infrastructure.

Faisal Al-Hamad

CEO - Global Wealth Management

Mohammad Kharafi

COO, Head of Operations and Information Technology

Sujit Ronghe

Group CFO

Past deals in Arabian Gulf

Aldar Properties

Post in 2025
Aldar Properties is a prominent real estate company based in Abu Dhabi, engaged in the development, sales, investment, construction, leasing, and management of various properties. The company has established a diverse portfolio that includes iconic projects such as the Formula 1 facilities on Yas Island and the Shams Abu Dhabi community on Reem Island. Approximately half of its assets are residential communities, with retail properties accounting for a third, while the remainder consists of commercial and hospitality ventures. Aldar Properties generates most of its revenue from property development and sales, alongside other segments that include project management, investment properties, and services related to hospitality and education.

UPayments

Acquisition in 2024
UPayments is a Kuwait-based SaaS company founded in 2016 that specializes in digital payment services. Its platform simplifies financial transactions for businesses by offering a range of online payment tools designed to meet various business needs. The service includes an integrated control panel that provides a unified dashboard for managing invoices and accessing detailed financial reports, which aids in informed decision-making. With a focus on compliance and bank-level security, UPayments enables businesses and entrepreneurs to enjoy flexibility in their payment alternatives, ultimately supporting their growth and operational efficiency.
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