ENER โ€“ Energy House Holding Company KSCP


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1 = STRONG BUY | 2 = BUY | 3 = HOLD | 4 = UNDERPERFORM | 5 = SELL

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Company Profile

Energy House Holding Company KSCP, formerly Aref Energy Holding KSCC Co, a subsidiary of AREF Investment Group, is a Kuwait-based company engaged in Sharia-compliant investment activities. The Company is organized, along with its subsidiaries, into two business segments: the Energy segment includes exploration, drilling, development and production of oil and gas, alternate and renewable sources of energy, licensing and other activities related to the energy sector, and the Other segment includes investment and other related services. The Company operates through its subsidiaries include, among others, Khalifa Daij Al Dabbous and Brothers Company WLL is engaged in general trading and contracting; Al Meshari Heavy Equipment Trading LLC is engaged in trading and rental of construction, loading and lifting equipment and machinery, and Nordic Energy FZC. In August 2012, Development Enterprises Holding Company acquired 66.76% of the Companyโ€™s share capital.

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