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National Finance House
National Finance House (NFH)
specializes in providing consumer and corporate financing for
the purchase of private, commercial and heavy vehicles, and
construction equipments.
Licensed by the Central Bank
of Bahrain, NFH commenced operations in September 2006 with an
authorized capital of BD 50 million and a paid-up capital of BD
5 million. In October 2006, the Company successfully raised its
paid-up capital to BD 7.5 million and broadened its shareholding
base.
The official inauguration of
the main offices of National Finance House (NFH) was held on
13th September 2006 under the patronage of H.E. Mr. Rasheed Al
Miraj, Governor of Central Bank of Bahrain. The inauguration was
attended by guests from the business community and dignitaries.
NFH Insurance
In order to provide our
customers with a convenient one-stop service, NFH started its
insurance brokerage services through establishing a new
subsidiary company regulated by Central Bank of Bahrain called
NFH Insurance (NFHI).
The shareholders of NFH are:
Kingdom of Bahrain
Bahrain National Holding Company
Y.K. Almoayyed & Sons
E.K. Kanoo & Sons
Sultanate of Oman
Oman National Investment
Corporation Holding
Kingdom of Saudi Arabia
Almutlaq Group
State of Qatar
Al Khaleej Insurance &
Reinsurance Company
Sheikh Abdulla Mohammed bin Jabor Al Thani
Kingdom of Bahrain
Bahrain National Holding Company
Bahrain National Holding
Company is a Bahraini public shareholding company that has been
operating in the Kingdom of Bahrain for over thirty years. The
Company’s operations are organized into 3 main business units:
Bahrain National Insurance (BNI): the largest direct insurance
in Bahrain; offers the full range of general
insurance products for individuals and corporate.
Bahrain National Life Assurance (BNL): the first dedicated
Bahraini life insurance company; offers term
assurance, savings and retirement plans and health insurance for
individuals and corporate.
The
Bahrain National Holding Company (BNH): the parent company,
which is the asset management and corporate arm of
the Group.
The Company owns 25% in the
United Insurance Company, a Bahraini closed shareholding
company, providing insurance coverage for motor vehicles.
Y.K Almoayyed & Sons.
Y.K Almoayyed & Sons have been operating in the
Kingdom of Bahrain for more than six decades. Y.K Almoayyed &
Sons are the exclusive car dealerships for Nissan, Ford &
Renault in the Kingdom of Bahrain.
It is a well-diversified business Group, having interests in
construction, automobiles & commercial vehicles, heavy
construction equipment, HVAC contracting, building materials,
industrial & building services, real estate, commercial &
residential interiors, consumer electronics & home appliances,
perfumes & cosmetics, FMCG etc.
It represent over 300 leading brands from all over the world,
including Nissan, Ford, Renault, Infinity, Sony, Toshiba,
Hitachi, Kenwood, Bose, Nikon, Komatsu, Nissan Diesel, Tadano,
Iveco, York, Xpelair, Kodak, Swatch, Lalique, to name a few.
E.K. Kanoo & Sons.
E.K. Kanoo & Sons have been
operating in the Kingdom of Bahrain for over 50 years. The E.K.
Kanoo name is synonymous with Bahrain’s automotive sector, in
particular the Toyota and Lexus brands. The Company also sells
other brands such as Citroen, Isuzu, Volvo, Hyundai, Escorts,
JMC, CMC, Voltas, Kwanglim, Ssangyong, Dong Feng, Hino, etc.
Business diversification that includes several tires
franchises, garage equipment, lubricants and paint and spry
booths. Kanoo Vehicle Leasing is the operator of Bahrain largest
fleet of car leasing. Kanoo Real Estate manages a broad
portfolio of residential and commercial real estate
developments.
The Company also provides IT solution to an array of corporate
and institutional clients with wide range of leading brands of
hardware and software services.
Sultanate of Oman
Oman National Investment Corporation Holding
Oman National Investment
Corporation Holding SAOG (ONIC) established in 1978 is one of
the oldest and leading investment houses in Oman. It is a
publicly held financial holding company that is engaged in
investment related activities, with interests primarily in
insurance, leasing, banking, services and manufacturing entities
operating in Oman and other emerging markets.
The company’s business is divided into three main segments,
namely, insurance, strategic investment, and proprietary
portfolio. ONIC operates through its subsidiaries and
affiliates, while also making investments on its own account. It
also participates as a venture capitalist and private equity
investor for strategic projects.
Kingdom of
Saudi Arabia
Almutlaq Group
Almutlaq Group has been
operating in Riyadh, Kingdom of Saudi Arabia since 1954.
Almutlaq Group is the Holding Company & Investment arm of
several affiliated Group Companies and Investments. Its main
activities consist of Industrial Investments, Real Estate
Investments, and investments in Financial Services Companies and
Service/Utility Sectors. The Group owns and manages commercial
and residential real estate properties in the Central, Eastern,
and Western provinces of Kingdom of Saudi Arabia. The Group has
two main offices; the head office is located in Riyadh and other
office in Alkhobar.
State of Qatar
Al Khaleej Insurance & Reinsurance Company
Al
Khaleej Insurance & Reinsurance Company S.A.Q. is a Qatari
Shareholding Company registered and incorporated in the State of
Qatar in 1978 and is engaged in Engaged in the business of
insurance, reinsurance and life insurance (Takaful) through the
Islamic Takaful Branch. The company has two branches in Qatar;
one branch is in Madinat Khalifa and the second branch is in
Rayan.
The company has appropriate insurance products for covering
Property, Engineering, Liability, General Accident, and Marine
Transit, Marine Hull etc. which fully cater to the requirements
of the vibrant energy, commercial and industrial sectors of the
country. In personal lines of business, the company has policies
to cover Householders Comprehensive package, Medical Expenses,
Travel contingencies, Life, Personal Accident etc.
Sheikh Abdulla Mohammed bin Jabor Al Thani
Sheikh Abdulla Bin
Jabor Al Thani is a member of the Ruling Family in Qatar. He is
the Chairman of Al-Khaleej Insurance & Reinsurance Company, and
the Vice-chairman of Qatar Navigation Company, the leading
maritime shipping company in Qatar controlling 90% of the market
share between UAE and Qatari Ports. Sheikh Abdulla Al Thani is a
Board member of Doha Bank, the largest private commercial bank
in the State of Qatar. He owns 5% in Doha Bank and 5% in Al-Khaleej
Insurance & Reinsurance Company. He also owns shares in a number
of national companies, banks, family companies and private
organizations as well as residential and commercial real estates
in Qatar.
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