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ANNUAL REPORT

2015

BOARD OF

DIRECTORS

Mr. Rashid Y. Al Nafisi

Chairman

Educational Background / Work Experience

Received his Bachelors in Commerce Emphasis in ( Accounting ) from the Faculty of Commerce, Economics & Political Science - Kuwait University.

In more than 41 years of business administration, real estate development and management, Mr. Rashid Al Nafisi has a track record of diverse

achievements. The multiple roles he has taken on over the past decades underline the breadth of his scientific and practical experience, as well

as his distinct management skills. He has served as the Chief Executive Officer of Al Nafisi United Group and the Director of Real Estate Loans

Administration at the Kuwait Real Estate Bank. He has also served on the board of a number of companies and banks, including the Farmer's

Union, Commercial Bank of Kuwait, Loan Committee, Kuwait Asia bank, Kuwait Airways Corporation, and Mazaya Qatar Real Estate Company.

Mr. Rashid Al Nafisi was also the Chairman of the Board of Directors of the National Investments Company. He currently holds the position of

Chief Executive Officer of Yacoub Al Nafisi Corporation for General Trading and Contracting Company, and Chairman of Al Mazaya Holding

Company since its inception.

Educational Background / Work Experience

Eng. Al Shared received his Masters Degree in Environmental Science & holds a Bachelor Degree in Architectural Engineering.

Eng. Abdulrahman Al Shared has held senior positions in several sectors. In October 2004, he contributed to the establishment of Awqaf and

Minors Affairs Foundation in United Arab Emirates and was the Secretary General thereof until May 2009. Moreover, he was a Director for Projects

and General Maintenance Sector at Dubai Municipality from 2001 till 2004 & the Director for the Building and Governmental Housing. Currently,

Eng. Al Shared is a board member in several companies including: Zayed Housing Programme,Dubai World Trade Centre, Dubai Investments,

Emirates Glass Co., Dubai Club For The Disabled (Voluntary), Beit Al Khair Society (Voluntary).

Eng. Abdulrahman M. Rashed Al Shared

Vice Chairman

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