GulfInvest International (GulfInvest) was incorporated in 1997 as a closed joint stock company. It has a share capital of KD 37 million. Al-Ahlia Holding Co. acquired 100% of GulfInvest through a successful share swap in 2003. Subsequently, Al-Ahlia divested 75% of GulfInvest International's capital in a private placement, retaining the remaining 25% for itself. This was followed by the listing of GulfInvest on the Kuwait Stock Exchange in the same year. Currently, Al-Ahlia Investment Co. holds a stake of  40.166% in GulfInvest.

Total assets of the company reached KD 80.7 million and share holders’ equity to KD 66.3 million by the end of 2005. Historically, the principal activities of GulfInvest were to provide development capital to private companies in the Middle East to finance their future growth, invest in securities, real estate and participate in public offering and promotions and developments of new strategic financial products and investments for itself and its clients. During 2005, it was repositioned to become a leading asset management company in Kuwait and the GCC. It focuses on discretionary as well as non-discretionary portfolio management services for local market. It seeks to enter into strategic alliance with international fund managers to offer uniquely structured products in the GCC markets.

www.gulfinvest.com