# National Bank of Kuwait

> National Bank of Kuwait is a VC fund in Kuwait backing Energy and Software. See 13 investments, check sizes, portfolio and contact details. Updated Aug 2026.

- Type: VC Fund
- Location: Kuwait, Kuwait
- Total investments: 13
- Last investment: Jul 2026
- Lead investor: 15%
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/company/nbkgroup
- X (Twitter): https://www.twitter.com/nbkpage
- Website: http://www.nbk.com/
- Facebook: https://www.facebook.com/nbk.fans

National Bank of Kuwait is a VC fund in Kuwait focused on Energy and Software. Since its incorporation in 1952 as the first indigenous bank and the first shareholding company in the entire Gulf region, NBK has been known as ‘The Bank You Know And Trust’. Thanks to the recognized excellence of its very stable management along with its unequivocal strategy, consistent profitability, high asset quality and strong capitalization,NBK, throughout the years, succeeded in building an advanced banking institution that offers a full spectrum of innovative and unrivalled financial and investment services and solutions to individuals, corporate and institutional clients. NBK enjoys a dominant market share with a large and ever expanding local and regional clientele. NBK also boasts the largest overseas branch network spanning many of the world financial and business centers.

## Contacts

5 contacts available for National Bank of Kuwait. Shizune tracks 6 team members at National Bank of Kuwait. Sign up free to unlock them: https://app.shizune.co/sign-up/investor-profiles/find-team-emails/national-bank-of-kuwait?utm_source=investor_profile

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Energy | 3 | 23% |
| Software | 2 | 15% |
| Oil and Gas | 2 | 15% |
| B2B | 1 | 8% |
| News | 1 | 8% |

29 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Debt Financing | 6 | 46% |
| Post-IPO Debt | 3 | 23% |
| Funding Round | 2 | 15% |
| Series D | 1 | 8% |

### Country

| Country | Investments | Share |
| --- | --- | --- |
| United States | 3 | 23% |
| United Arab Emirates | 3 | 23% |
| Egypt | 2 | 15% |
| Kuwait | 1 | 8% |
| Norway | 1 | 8% |

7 countries tracked in total.

## Team

| Name | Title | Investments | Profile |
| --- | --- | --- | --- |
| Ahmed Saud Al-Khaled | Founder | 0 | — |
| Anoop Hingorani | Manager Consumer Banking | 0 | — |
| Gabriel Karam | Head of Digital Marketing | 0 | — |
| Hossam Kandeel | Project Manager | 0 | — |
| Khalifa Khalid Al-Ghunaim | Founder | 0 | — |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Cheiron | Cheiron is an exploration and production company that focuses on revitalizing and optimizing production in medium-sized, mature fields. | $550M | Debt Financing | Jul 13, 2026 |  |
| Cheiron Finance | Cheiron Finance Limited is a independent oil and gas exploration company. It specializes in securing large scale international syndicated loans and credit facilities to fund upstream energy developments. | $550M | Debt Financing | Jul 13, 2026 |  |
| Kuwait Petroleum Corporation | Kuwait Petroleum Corporation (KPC) is fully owned by the State of Kuwait. Its diverse business interests across the spectrum encompass all aspects of the hydrocarbon industry, from onshore and offshore upstream exploration through production and refining, marketing, retailing, petrochemicals, as well as, marine transportation. Kuwait PetroleumCorporation was founded in 1980 as an umbrella organisation to manage the country’s diversified oil interests. As a group, KPC is actively involved in every aspect of the oil and gas industry. It engages itself in activities that range from discovering new reservoirs to delivering clean and safe fuel for motor vehicles, airplanes, ships, agriculture and power stations. It also provides several base petrochemical products that are essential for the industrial manufacturing of several basic amenities of our modern day.From its Head-Office located in Kuwait City, KPC strategically coordinates and supervises the various group subsidiaries. It finances their operations and oversees the marketing of crude oil, refined product and gas in foreign markets. The Corporation also provides significant support to the Kuwait Ministry of Oil in its dealings with other member countries of the OPEC.To support its international business interests, KPC has several Regional Marketing Offices that are strategically located across the globe, from Houston to London, Mumbai and Pakistan to Singapore and Tokyo. These offices effectively contribute to the sales and marketing operations of KPC and its subsidiaries, in line with its short-term and long-term strategies. Their scope of work includes regional market analysis, establishing and maintaining relations with other key oil players, increasing KPC's share in existing markets, as well as, entering new ones. Kuwait Petroleum Corporation (KPC) is a corporation of economic character, run on a commercial basis and fully owned by the State. It is one of the world’s major oil & gas companies and its activities are focused on petroleum exploration and production, refining, marketing, petrochemicals, and transport. KPC’s mission is to manage and operate these integrated activities worldwide in the most efficient and professional manner, in addition to growing shareholder value whilst ensuring the optimum exploitation of Kuwait hydrocarbon resources.KPC has an important role in contributing to the support and development of the Kuwaiti economy, developing national manpower, maintaining superior commercial and technical expertise and proactively managing the environmental, health and safety aspects related to KPC’s businesses. | $6B | Debt Financing | Apr 27, 2026 |  |
| Abu Dhabi Ports Company | Abu Dhabi Ports Company own, operate, maintain, manage and develop all ports, docks, harbors, piers, waterways, bridges, water barriers and bridges, and relevant infrastructure and constructions in the Emirate of Abu Dhabi. | $115M | Post-IPO Debt | Feb 03, 2026 |  |
| ADNOC | ADNOC Oil Pipelines is a subsidiary of ADNOC. | $11B | Debt Financing | Dec 18, 2025 |  |
| Kuwait Petroleum Corporation | Kuwait Petroleum Corporation (KPC) is fully owned by the State of Kuwait. Its diverse business interests across the spectrum encompass all aspects of the hydrocarbon industry, from onshore and offshore upstream exploration through production and refining, marketing, retailing, petrochemicals, as well as, marine transportation. Kuwait PetroleumCorporation was founded in 1980 as an umbrella organisation to manage the country’s diversified oil interests. As a group, KPC is actively involved in every aspect of the oil and gas industry. It engages itself in activities that range from discovering new reservoirs to delivering clean and safe fuel for motor vehicles, airplanes, ships, agriculture and power stations. It also provides several base petrochemical products that are essential for the industrial manufacturing of several basic amenities of our modern day.From its Head-Office located in Kuwait City, KPC strategically coordinates and supervises the various group subsidiaries. It finances their operations and oversees the marketing of crude oil, refined product and gas in foreign markets. The Corporation also provides significant support to the Kuwait Ministry of Oil in its dealings with other member countries of the OPEC.To support its international business interests, KPC has several Regional Marketing Offices that are strategically located across the globe, from Houston to London, Mumbai and Pakistan to Singapore and Tokyo. These offices effectively contribute to the sales and marketing operations of KPC and its subsidiaries, in line with its short-term and long-term strategies. Their scope of work includes regional market analysis, establishing and maintaining relations with other key oil players, increasing KPC's share in existing markets, as well as, entering new ones. Kuwait Petroleum Corporation (KPC) is a corporation of economic character, run on a commercial basis and fully owned by the State. It is one of the world’s major oil & gas companies and its activities are focused on petroleum exploration and production, refining, marketing, petrochemicals, and transport. KPC’s mission is to manage and operate these integrated activities worldwide in the most efficient and professional manner, in addition to growing shareholder value whilst ensuring the optimum exploitation of Kuwait hydrocarbon resources.KPC has an important role in contributing to the support and development of the Kuwaiti economy, developing national manpower, maintaining superior commercial and technical expertise and proactively managing the environmental, health and safety aspects related to KPC’s businesses. | $3.9B | Debt Financing | Nov 18, 2025 |  |
| 2P Perfect Presentation | 2P Perfect Presentation is a provider of managed IT solutions that specialises in business intelligence, digital media, and software development. 2P offers a comprehensive range of services and products in customer experience, software development, and operation and maintenance. With expertise in customer experience technology, custom applicationdevelopment, and business intelligence, 2P delivers advanced and professional solutions in various areas including BPO, DSS, digital experience management, and IT outsourcing. | $32M | Post-IPO Debt | Oct 05, 2025 |  |
| Aldar Properties | The company has developed some of Abu Dhabi’s most iconic and complex projects, from the Formula 1 facilities on Yas Island to the thriving new Shams Abu Dhabi community on Reem Island. Its property portfolio is diversified and balanced, with residential communities accounting for around half of assets, retail property representing a third, and theremainder split between commercial and hospitality. | $2.5B | Post-IPO Debt | Jan 12, 2025 |  |
| Al Dur Power & Water Company | Al Dur Power & Water firm is a well-known power generation and water desalination firm. | $1.2B | Debt Financing | May 26, 2024 |  |
| Saudi German Hospital | Saudi German Hospital is one of the top hospital in Dubai. | $149.7M | Debt Financing | Dec 21, 2019 |  |

10 of 13 investments shown.

## Co-investors
- [Mashreq Bank](https://shizune.co/investors/profile/mashreq-bank) — VC Fund, 6 deals together
- [Abu Dhabi Commercial Bank](https://shizune.co/investors/profile/abu-dhabi-commercial-bank) — VC Fund, 5 deals together
- [Emirates NBD](https://shizune.co/investors/profile/emirates-nbd) — VC Fund, 5 deals together
- [Al Ahli Bank of Kuwait](https://shizune.co/investors/profile/al-ahli-bank-of-kuwait) — VC Fund, 4 deals together
- [First Abu Dhabi Bank](https://shizune.co/investors/profile/first-abu-dhabi-bank) — VC Fund, 4 deals together
- [Arab Bank](https://shizune.co/investors/profile/arab-bank) — VC Fund, 3 deals together

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- [The FSE Group](https://shizune.co/investors/profile/finance-south-east) — VC Fund

## FAQ

### What does National Bank of Kuwait invest in?

National Bank of Kuwait invests primarily in Energy, Software and Oil and Gas startups, most often at Debt Financing and Post-IPO Debt stage. Most of the 13 investments tracked by Shizune back companies in United States. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### How do I contact National Bank of Kuwait?

Public channels for National Bank of Kuwait include LinkedIn, X (Twitter) and the website linked on this profile. For a verified work email and phone number, create a free Shizune account — contact data is searched across 20+ sources and validated before delivery, so your outreach lands in the right inbox.

### Who are the partners at National Bank of Kuwait?

The team at National Bank of Kuwait includes Ahmed Saud Al-Khaled (Founder), Anoop Hingorani (Manager Consumer Banking) and Gabriel Karam (Head of Digital Marketing), among 6 team members tracked by Shizune. The Team section lists each member with their title, investment count and links.

### Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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