Corporate Profile

From its base in Kuwait, NASCORP was able to achieve a longstanding record of sound investments, strong relationship with partners and successful business ventures. A series of strategic investments give shape to the NASCORP portfolio. NASCORP's holdings are complemented by long-term investments in the fields of: construction; retail and F&B; trading & contracting; and real estate.

Amongst NASCORP's brand affiliations are ZARA, ZARA Home, Pull & Bear, Massimo Dutti, Decathlon, Old Navy, Boggi, Bershka, Reserved, Oysho, GYMBOREE, Sunglass Hut, café PAUL, The Butcher Shop & Grill, Kosebasi, Argo Tea and others, all of which trade under Azadea Group Holding Co. KSC.

Hyundai Elevator CO., Aritco platform lifts, Brugg lifting and Power Machines which fall under Deal GTC. Red Mango, Freshii, Quest Nutrition, D1 Milano and others which trade under RM Kuwait Co . WLL (Tasaheel Holding) and Ahfad Trading Co. UAE Dubai.

Building on a history of sound investments, NASCORP has widened its scope in trading & contracting companies through its investment in Deal General Trading & Contacting Co. WLL, which specializes in building services and mobility solutions and is the exclusive agent of Hyundai Elevators Co. in Kuwait, and Ahfad Trading UAE which is active in distributing food brands such as Quest Nutrition products in the Emirates.

NASCORP's portfolio is emblematic of the company's vision of diversification and focus. We can look to any of the companies NASCORP is associated with to find leading businesses that are specialists in their field. The company has expanded at a steady pace over the years in Kuwait, UAE, Lebanon and Egypt. The increasingly diversified portfolio encompasses the four major sectors of: construction; trading and contracting; retail, food & beverages, real estate and hospitality.

What the MD has done in putting our portfolio of investments in Contracting and Engineering (KCPC & Deal GTC), Real Estate (Ahafad), Retail (Azadea Group Holding), and F&B (RM Kuwait -Tasaheel) under one flag, not only highlights the size and level of diversification of the group but also enhances our ability to monitor, supervise and expand within the same fields and develop new ones.

This mix of owned subsidiaries, partnerships, and publicly listed companies enforces a culture of transparency and effective corporate governance which we aim to maintain in our family business.

We also aim to capitalize on the knowledge and long term relations developed over the years throughout the Middle East, to enter into partnerships, Joint Ventures and direct investments in companies that specialize in a particular field and provide a specific consumer or business need.

- Najeeb H. M. Al Saleh