Real estate and strategic investments across MENA.
NREC holds a diversified portfolio of real estate assets, strategic stakes in listed companies, and direct investments across Kuwait, UAE, Jordan, Egypt, Tunisia and Pakistan.
Investment Holdings
Global leader in supply chain services, logistics parks, aviation ground handling and specialised transport.
DSV
DSV is the world's #1 freight forwarder by volume, operating in 80+ countries with over 75,000 employees. The company manages air, sea and road freight for global brands. Agility's significant shareholding gives NREC indirect exposure to one of the most scalable logistics platforms in the world.
Menzies Aviation
The world's largest aviation ground handler, serving 2 million+ flights annually at 350+ airports across 58 countries. Services span passenger handling, ramp operations, cargo and fuel.
Agility Logistics Parks
Develops and operates modern industrial logistics parks across the Middle East, Africa and South Asia. Its network of logistics cities and warehouse parks form critical supply chain infrastructure in high-growth emerging markets.
Reem Mall
Abu Dhabi's premier retail and lifestyle destination spanning 190,000 sqm on Reem Island. Home to 450+ brands, world-class dining and the region's largest indoor snow park.
Tristar
The United Nations' #1 contracted fuel supplier and a specialised energy logistics company, active in 30+ countries. Services include fuel transport, aviation fuelling, marine bunkering and specialised storage.
Kuwait-listed warehousing and logistics platform with a strategic stake in Agility Global and a portfolio of industrial subsidiaries.
Agility Global
Listed on the Abu Dhabi Securities Exchange (ADX), Agility Global holds a strategic equity stake in DSV, the world's leading freight forwarder. Makhazen's 25% stake provides Kuwait-listed investors with indirect exposure to DSV's global trade infrastructure.
KLP
Kuwait Logistics Parks develops and manages industrial and logistics parks across Kuwait, providing modern warehousing, light manufacturing and distribution centres.
GCS
Gulf Customs & Shipping delivers digital customs clearance, freight documentation and trade brokerage services across Kuwait and the Gulf region.
S2
A smart logistics hub purpose-built for small and medium enterprises providing shared warehousing, last-mile delivery coordination and value-added logistics services.
Real Estate Development
80%KUWADICO
Egypt · Real estate development
Kuwait Wadi Al Nile Urban Development Company is NREC's residential and mixed-use development platform in Egypt, targeting quality housing and commercial real estate.
70%NREC Jordan
Jordan · Warehousing & development
National Real Estate Company Jordan operates modern industrial warehousing facilities and manages land development projects across key growth corridors in Jordan.
Carina
Abu Dhabi · 1,000 units · 3–6 months
A 1,000-unit residential development in Abu Dhabi at advanced completion stage, with full delivery and monetisation expected within 3–6 months.
MIH Hospitality
North Africa · 14 ha · 413 units
A 14-hectare hospitality and resort development in North Africa comprising 413 hotel and resort units. An exit transaction has been initiated on this asset.
Other Lands
UAE · Pak · Tunisia · Undeveloped land
A portfolio of undeveloped land positions held across the UAE, Pakistan and Tunisia, providing optionality for future development or strategic disposal.
KD 672M
Total Portfolio Value
7
Markets
50+
Years of Investment
11
Strategic Holdings
2026
Built on Vision
KD 500M portfolio value (≈ USD 1.6B) across 7 countries, with a renewed ESG framework guiding every decision.
Speak to our investment team
NREC has been deploying capital in real estate and strategic investments across the MENA region since 1973. Our investor relations team is available to institutional shareholders, analysts and prospective partners.
Contact Investor Relations