AREF Energy Holding was formed in September 2007 as a subsidiary of AREF Investment Group. The Group is a stable, long-term investor and one of the leading investment institutions in the region with a vision to become a conglomerate managing financially integrated holding companies. AREF Energy Holding spearheads the AREF Investment Group’s objectives in the strategically important and fast growing energy business sector.

AREF Investment Group is a listed shareholding company on Kuwait Stock Exchange (ticker AIG). AREF Energy Holding is also listed on Kuwait Stock Exchange (ticker ArefEnrgy, formerly Excellent Education Co.) with a paid-up capital of KD 75 million.

So far, AREF Energy Holding has managed to acquire controlling shares in a number of energy companies with operations geographically spreading over different regions. Islamic Sharia laws govern all of company’s current and future investments.