KMEFIC was incorporated in January 1984 by The Bank of Kuwait and the Middle East (currently Ahli United Bank) and The Public Institution for Social Security-Kuwait, as equal shareholders.
In 1987, The Public Institution for Social Security, Kuwait sold its stake to The Bank of Kuwait and the Middle East (currently Ahli United Bank) to become the main shareholder in KMEFIC. Ahli United Bank sold its full stake 74.33% in September 2019 to Al-Thekair General Trading Co. KMEFIC was listed on the Kuwait Stock Exchange in July 1997.
Innovation continues to be our core strength. From the launch of US REITS, to the offering of derivatives on shares listed on the Kuwait Stock Exchange, to offering the ability to trade U.S. and Kuwaiti shares on a single electronic platform, we have always identified and introduced unique investment products and services ahead of our peers.
KMEFIC is a pioneer investment Company in Kuwait and has several “firsts” to its credit that includes: