• Owning shares or shares of Kuwaiti or foreign companies, or participating in the establishment, management, lending and guaranteeing of these two types of companies with others. 
• Owning industrial property rights such as patents, industrial trademarks, industrial drawings or any other related rights and leasing them to other companies for exploitation, whether inside or outside Kuwait. 
• Owning real estate and movables necessary to carry out its activities within the limits permitted in accordance with the law. 
• Exploiting the financial surpluses available to the company by investing them in financial portfolios managed by companies and private entities, and the company may have a contribution or participate in any way with the bodies that engage in similar business or that may help it to achieve its purposes inside and outside Kuwait and may buy these bodies or join them. 

Nafais Holding Company, formerly known as the Private Education Corporation, was established on October 31, 1984, as a Kuwaiti closed shareholding company. The company's commercial registration number is 38721, issued on November 3, 1984.
Nafais was listed on the Kuwait Stock Exchange on May 3, 2005. However, on February 15, 2018, the company voluntarily withdrew from the Kuwait Stock Exchange.

Company Capital

• The previous capital of Nafais was KD 42,129,651.
• In an Extraordinary General Assembly held on May 21, 2017, the first reduction of the authorized and paid-up capital was approved. The capital decreased from KD 42,129,651 (consisting of 421,296,510 shares with a value of 100 fils per share) to KD 32,129,651 (consisting of 321,296,510 shares with a value of 100 fils per share).
• Subsequently, in an Extraordinary General Assembly held on August 28, 2017, the second reduction of authorized and paid-up capital was approved. The capital further decreased from KD 32,129,651 (consisting of 321,296,510 shares at a value of 100 fils per share) to KD 10,000,000 (consisting of 100,000,000 shares with a nominal value of 100 fils per share).
• Legal procedures for the capital reduction were completed by the Group's management on June 18, 2017, and September 11, 2017, respectively. Cash distributions were made to shareholders.
• As per the company's financial report for the financial period ended September 30, 2017, the authorized, issued, and fully paid-up capital of Nafais Holding is KD 10,000,000, distributed over 100,000,000 shares (one hundred million shares) with a nominal value of 100 fils per share. All shares are cash.