In 2005 Al-Deera Holding KSCC purchased a 49% stake in Univest Group, becoming its institutional shareholder and a major backer of its deals. Established in 1998, Al-Deera Holding is a Kuwaiti shareholding company (Ticker: ALDEERA), listed on the Kuwaiti Stock Exchange since 2005, Al-Deera Holding Company is considered as one of the leading companies in its line of business.
The company focuses on investments in private and public companies which witness strong growth. Since its inception, ALDEERA has adopted a balanced expansion strategy that allowed for mitigating risk, while maximizing investment return. By maintaining a diversified portfolio - both in terms of the geographical and industrial distribution of investments - the company has been able to maintain steady growth in its net profits.
ALDEERA's investments have also focused on building alliances and strategic partnerships that allow for developing the company's competitive edge especially in as far as competing for top-tier business opportunities is concerned.
Al-Deera Holding is a member of the IFA consortium of companies and is the second largest listed holding company in Kuwait.