• Establishing and overseeing a variety of educational entities and schools encompassing all levels such as kindergartens, elementary, middle, and high schools.
• Establishing and running specialized educational facilities, institutes, and diverse training centers.
• Constructing essential structures for educational institutions and engaging in the import, export, and commerce of supplies, equipment, and machinery pertinent to educational endeavors across all stages.
• Conducting research and providing comprehensive consultancy services, along with feasibility studies, in the educational and training sectors.
• Organizing training sessions tailored to the requirements of governmental bodies, corporations, and private entities in line with the company's objectives.
• Securing representation and agency agreements for educational and training institutes and acting on behalf of companies with allied goals, subject to the appropriate licensures.
• Publishing and distributing specialized literature and books in the field of education, following the acquisition of the required permits.
• Offering specialized programs and computerized services for educational applications.
• Utilizing available financial surpluses for investment in funds managed by professional firms and institutions.
• Owning the right to partake in businesses that function in the same sector or that could contribute to the realization of the company's objectives, both within the State of Kuwait and beyond, as well as the right to procure those enterprises or hold a stake in their ownership.

First Education Company (FEC), a closed Kuwaiti shareholding entity, was constituted on December 20, 2005, under the governance of the Commercial Companies Law, with an initial authorized and paid-up capital of KD 15 million. The company seeks to generate opportunities for institutional investors and high net worth individuals within the educational sector by establishing and overseeing universities, schools, institutes, and private training establishments. It is committed to advancing investments in educational infrastructure, including student accommodations, libraries, and associated amenities. FEC's registration in the commercial register bears the number 111502.

In its operations, the company adheres to the principles of Islamic Sharia, as sanctioned by the Fatwa and Sharia Supervisory Board.

Capital Structure of the Company:
According to the annual financial report for the fiscal year concluding on September 30, 2022, the authorized, issued, and wholly settled capital of First Education Company (FEC) amounts to KD 12750 million, a reduction from the KD 15 million reported in 2021. This capital comprises 127.5 million shares (one hundred twenty-seven million five hundred thousand), with the valuation of each share established at 100 fils, and this entirety is paid in cash.