Arkan Holding Company is a Kuwaiti shareholding company (closed) established by Bayan Investment Holding Company in 2003 with the objective of investing in various activities. The company shall directly engage in the following businesses in Kuwait and abroad, either as a principal or as an agent. The company may have an interest in or participate in any way with entities that engage in activities like its own or that may assist it in achieving its objectives in Kuwait or abroad. It may establish, participate in, or purchase these entities or merge with them.
Objectives:
- Owning shares in Kuwaiti or foreign shareholding companies, as well as owning shares or stakes in Kuwaiti or foreign limited liability companies or participating in the establishment of these companies in both forms, managing them, lending to them, and guaranteeing them with others.
- Lending to companies in which shares are owned and guaranteeing them with others, in this case, the holding company’s share in the capital of the borrowing company must not be less than 20% at least.
- Owning industrial property rights such as patents, industrial trademarks, industrial designs, or any other related rights, and lease them to other companies for exploitation either within or outside Kuwait.
- Owning the movable or immovable properties necessary to carry out its activities within the limits permitted by law.
- Exploiting the financial surpluses available to the company by investing them in financial portfolios managed by specialized companies and entities.