NREC — National Real Estate Company
About NREC · Established 1973

Built on patience. Driven by purpose.

Five decades of disciplined investment, real estate development and asset management across the MENA region.

Scroll

1973

Founded

0+

Years

0

Strategic Holdings

0

Countries

Mission

Build a legacy of excellence by creating value globally — for shareholders, customers and communities.

Vision

Be the world's most trusted investment and real estate company across MENA.

Our values

01

Quality without compromise

02

Sustainability as a discipline

03

Integrity, always

04

Partnership over transaction

A letter from the CEO

"

Five decades on, our purpose remains unchanged — to build durable enterprises that compound value across generations.

We invest with patience, manage with discipline, and lead with conviction. Every asset on our balance sheet is a long-term promise to our shareholders, partners and the communities we serve.

F.

Faisal Jamil Sultan Al-Essa

Vice Chairman & Chief Executive Officer

Our journey

Five decades of growth.

From a founding mandate in 1973 to a KD 500M regional investment platform — eight defining moments.

Portfolio Value · KD millions

1973 — 2025

KD 500M19731984199520022005201020182025

2025

Built on Vision

KD 500M portfolio value (≈ USD 1.6B) across 7 countries, with a renewed ESG framework guiding every decision.

  • KD 500M / USD 1.6B
  • 11 Strategic Holdings
  • ESG 2030 framework
Governance

Board of Directors

Hassan Bassam El Houry

Chairman

Independent

Elected

Faisal Jamil Sultan Al Essa

Vice Chairman

Executive

Elected

Bader Abdulmohsen El Jeaan

Director

Non-Executive

Elected

Christopher Michael Gordon

Director

Independent

Elected

Tarek Abdulaziz Sultan Al Essa

Director

Non-Executive

Representative of Sultan Center For Food Products Company

Mohammad Hamad Abdulaziz Al Mutawaa

Director

Non-Executive

Representative of Agility Investment Holding Limited

Leadership

Executive Management

Faisal Jamil Sultan

Faisal Jamil Sultan

Vice Chairman & Group CEO

ChairmanAgility KSCP / Makhazen · Boursa Kuwait
Vice ChairmanAgility Global · ADX
Ahmed Yousri

Ahmed Yousri

Group Chief Financial Officer

Ahmed Wahidi

Ahmed Wahidi

Chief Executive Officer — Kuwait

Fahad Albader

Fahad Albader

Chief Investment Officer