OUR HISTORY

History

In 2005, Al Amal Investment Company was established as the investment arm of Kuwait Projects Company, focusing on offering clients comprehensive access to local and international capital markets through a selection of asset management and financial services. In 2006, the investment company sought all necessary requirements to further prominence by being listed on Boursa Kuwait (formerly Kuwait Stock Exchange).

 

Driven by its prudent investment philosophy, innovative financial solutions, and the latest market research tools, Al Amal investment rapidly gained recognition in the regional and international financial markets. During this phase in its journey, Al Amal Investment overcame exciting challenges and achieved new accomplishments that helped pave the way towards its mission of becoming the preferred asset management and investment banking provider in the region.

 

In 2008, unprecedented global economic and trading conditions resulted in a business world that has never been more difficult to predict. During this period, Al Amal Investment responded to exceptionally unstable market conditions through strategies designed to protect its clients and the firm’s position, as well as create a foundation for future growth. Despite fluctuating market conditions, the company maintained its strong position in a very volatile financial environment and emerged as one of the few investment companies to report an annual profit for 2008.

 

Since its inception, Al Amal Investment has been dedicated to enhancing and building upon its innovative investment strategy by widening its offering of quality investment products and full-fledged services. The Company directed its focus to growing its portfolios and assets under management, while successfully concluding milestone transactions for key institutions in the region.

 

In 2016, Al Amal Investment opened the doors to its first international office. Al Amal investment serves as an alternative platform to provide the Company’s international and regional client base with new opportunities for development and growth on a larger scale.

 

Further strengthening its client focus and leadership position, Al Amal Investment acquired a strategic stake in Global Investment House in 2018, which led to a merger by amalgamation of the two operations. The merger, categorized as the first of its kind in Kuwait’s investment scene, was concluded in November 2019.

 

Today, Al Amal Investment operates in key regional capital markets and is widely recognized as one of the largest investment companies in the region in terms of assets under management. The Company now provides a comprehensive range of investment products and services in asset management, investment banking, and brokerage.