Riyadh Salem Ali Ahmed Al-Edrissi
Chief Executive Officer at IKARUS PETROLEUM INDUSTRIES K.S.C.C.
Profile
Riyadh Salem Ali Ahmed Al-Edrissi is currently the Deputy CEO-Investments & Mega Projects at National Industries Group (Holding) SAK.
He is also the Chairman & Chief Executive Officer at Ikarus Petroleum Industries Co. KSCC, Chairman at Meezan Bank Ltd., Chairman at Privatization Holding Co. KSCC, Vice Chairman at Noor Telecom Co. KSCC, Chairman at Middle East Complex for Eng., Electronics & Heavy Inds Plc, Chairman at IT Partners Information Technology Co., Non-Executive Director at Sahara International Petrochemical Co., Non-Executive Director at Noor Financial Investment Co. KSC, Director at Al-Markaz Energy Fund, and Director at Al Durra National Real Estate.
His former positions include Vice Chairman at Airport International Group, Vice Chairman at Gas & Oilfield Services Co., Director & Vice President at Eastern United Petroleum Services Co., Director at United Gas Transmissions Co., Ltd., Director at Kuwait Rocks Co., Director at Sajaa Gas Pvt Ltd.
Co., Non-Executive Director at Saudi International Petrochemical Co., and Director at K-Electric Ltd.
(2019-2020).
He was also a Director at K-Electric Ltd.
from 2005 to 2009 and a Director at Kuwait Ceramic Co.
Mr. Al-Edrissi obtained his graduate degree from Kuwait University in 1998 and his undergraduate degree from Newcastle University in 1995.
Riyadh Salem Ali Ahmed Al-Edrissi active positions
| Companies | Position | Start |
|---|---|---|
| NATIONAL INDUSTRIES GROUP HOLDING - KPSC | Chief Investment Officer | 31/12/1998 |
| IKARUS PETROLEUM INDUSTRIES K.S.C.C. | Chief Executive Officer | - |
| PRIVATIZATION HOLDING COMPANY - K.P.S.C. | Chairman | 31/12/2006 |
| NOOR FINANCIAL INVESTMENT COMPANY - KPSC | Director/Board Member | 07/12/2021 |
| MEEZAN BANK LIMITED | Chairman | 23/11/2015 |
| SAHARA INTERNATIONAL PETROCHEMICAL COMPANY | Director/Board Member | 09/12/2019 |
Al-Markaz Energy Fund
 Al-Markaz Energy Fund Investment ManagersFinance Al-Markaz Energy Fund invests in companies located in the Middle East region, primarily in Kuwait. The fund targets companies operating in the field of energy minerals sectors. The fund will also enter into strategic alliances with companies to enhance the fund’s access to transactions and create synergy with the funds portfolio of companies. | Director/Board Member | - |
| IT Partners Information Technology Co. | Chairman | - |
Noor Telecom Co. KSCC
 Noor Telecom Co. KSCC Major TelecommunicationsCommunications Noor Telecom Co. KSCC provides telecommunication services. It also offers Islamic direct investments in the telecommunication and information technology sectors. The company was founded in 2007 and is headquartered in Kuwait City. | Director/Board Member | - |
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Former positions of Riyadh Salem Ali Ahmed Al-Edrissi
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Training of Riyadh Salem Ali Ahmed Al-Edrissi
| Newcastle University | Undergraduate Degree |
| Kuwait University | Graduate Degree |
Experiences
Positions held
Active
Inactive
Listed companies
Private companies
Connections
1st degree connections
1st degree companies
Male
Female
Members of the board
Executives
Linked companies
| Listed companies | 7 |
|---|---|
| MEEZAN BANK LIMITED | Finance |
| K-ELECTRIC LIMITED | Utilities |
 | Consumer Durables |
| NOOR FINANCIAL INVESTMENT COMPANY - KPSC | Finance |
| NATIONAL INDUSTRIES GROUP HOLDING - KPSC | Finance |
| PRIVATIZATION HOLDING COMPANY - K.P.S.C. | Commercial Services |
| SAHARA INTERNATIONAL PETROCHEMICAL COMPANY | Process Industries |
| Private companies | 13 |
|---|---|
Saudi International Petrochemical Co.
 Saudi International Petrochemical Co. Chemicals: SpecialtyProcess Industries Saudi International Petrochemical Co. manufactures petrochemicals Its products include methanol, butanediol, tetrahydrofuran, acetic acid, acetic anhydride, and vinyl acetate monomer. The company was founded on December 22, 1999 and is headquartered in Al-Khobar, Saudi Arabia. | Process Industries |
Ikarus Petroleum Industries Co. KSCC
 Ikarus Petroleum Industries Co. KSCC Financial ConglomeratesFinance Ikarus Petroleum Industries Co. KSCC is engaged in industrial investment in the energy and petrochemical industry. The company was founded on June 15, 1996 and is headquartered in Kuwait City, Kuwait. | Finance |
Al-Markaz Energy Fund
Al-Markaz Energy Fund Investment ManagersFinance Al-Markaz Energy Fund invests in companies located in the Middle East region, primarily in Kuwait. The fund targets companies operating in the field of energy minerals sectors. The fund will also enter into strategic alliances with companies to enhance the fund’s access to transactions and create synergy with the funds portfolio of companies. | Finance |
| Al Durra National Real Estate | |
Gas & Oilfield Services Co.
 Gas & Oilfield Services Co. Oilfield Services/EquipmentIndustrial Services Gas & Oilfield Services Co. provides support services to oil and gas fields. The company provides services such as slickline and well completion, wire line logging, log analysis and interpretation, surface well testing, and vacuum tanker and chemical handling services. It was founded in 1976 and is headquartered in Ahmadi, Kuwait | Industrial Services |
| United Gas Transmissions Co., Ltd. | |
| Sajaa Gas Pvt Ltd. Co. | |
Noor Telecom Co. KSCC
Noor Telecom Co. KSCC Major TelecommunicationsCommunications Noor Telecom Co. KSCC provides telecommunication services. It also offers Islamic direct investments in the telecommunication and information technology sectors. The company was founded in 2007 and is headquartered in Kuwait City. | Communications |
Eastern United Petroleum Services Co.
 Eastern United Petroleum Services Co. Oilfield Services/EquipmentIndustrial Services Eastern United Petroleum Services Co. provides a wide range of petroleum services, including wireline logging, well integrity, formation evaluation, slickline services, and data and consulting services. The private company is based in Ahmadi, Kuwait and is committed to applying top industry quality and HSE standards in the design, manufacture, and certification of their state-of-the-art well testing equipment. The Kuwaiti company's innovative downhole tools and proven technologies provide cost-effective solutions, and their people are their single greatest resource in ensuring the highest level of service quality. The company has expertise in exploration geology and defining artificial lift, and their loyal customers have witnessed breakthrough business results after implementing their ware. | Industrial Services |
Kuwait Rocks Co.
 Kuwait Rocks Co. Specialty StoresRetail Trade Kuwait Rocks Co. provides truck dealership services. The private company is based in Kuwait City, Kuwait. | Retail Trade |
| Kuwait Ceramic Co. | |
| IT Partners Information Technology Co. | |
Airport International Group
 Airport International Group Other TransportationTransportation Airport International Group operates and maintains airport. Its businesses include advertising at the airport, spaces for rent, tenders and logistics. The company is headquartered in Amman, Jordan. | Transportation |
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