First Dubai Company is the result of an idea for investment taken to its logical conclusion. Thinking big, creating high value and earning, as well as growing and maintaining the trust of big-time investors in the Kuwaiti market and abroad, have been the hallmark of First Dubai. We provide a wide range of real estate products and services across the spectrum, from purchasing, apportionment and developing of large areas in select zones to offering ready-to-use residential and commercial spaces.

Education Professional Experience

Mr. Al Loughani holds a Bachelor's degree - double major in Information Systems and E-Commerce from University of Toledo, and an MBA from London Business School.


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Abdulaziz AL Loughani

Chairman

Abdulaziz has served as the founding Vice Chairman of the Kuwait National Fund for SMEs Development, a USD7bn independent public institution responsible for developing the entrepreneurial ecosystem in Kuwait from 2013 to 2017.  Prior to this role, he was the Managing Partner of Talabat.com until late 2010 (later exited to Rocket Internet in 2015), and has since then been investing in technology startups and involved in a number of local and regional entrepreneurial initiatives.  Previously, he was a Director at Global Capital Management, the alternative investments arm of Global Investment House “Global” and was responsible for establishing a Venture Capital practice at Global.  He has played a major role in managing key investments within the Private Equity Group of Global by handling various assignments on corporate restructuring, business planning, deal structuring, due diligence and managing portfolio companies' to exit.  Abdulaziz has served as an executive and member of board on a number of companies within the MENA region in the banking, healthcare, manufacturing, consumer finance, food & beverage and real estate sectors.  Abdulaziz is a member of the World Economic Forum Global Shapers Community - Kuwait chapter.

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Abdulaziz AL Loughani

Chairman
Education Professional Experience

Eng. Salwa Malhas - holds a Bachelor and a Master Degree in Civil Engineering from the Jordanian University as well as certificates of training from Kuwait University and the American University of Kuwait. 

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Eng. Salwa Malhas, ME

Vice Chairman

Eng. Malhas has more than 25 years of experience in Real Estate Development, Business Models and Feasibility Studies. Eng. Salwa is Chief Business Development and Marketing & Sales Officer at Al-Mazaya Holding. The role – held since January 2004 – entails, building, structuring, setting up and assessing the company business plan; sourcing and overseeing the development and growth of profitable new business; participating in tendering projects with government; conducting feasibility studies for different business opportunities, and Corporate & project marketing. Prior to this position, Malhas was General Manager at Al-Masaken, a subsidiary of ACICO and Ghassan Al-Khaled Group for eight years – where duties encompassed sourcing and overseeing new lands for profitable real estate development projects, research, tendering and corporate marketing, and prior to that, served as tendering engineer at Al-Zaben International company (as a first grade contractor). Malhas was a professor assistant in the engineering department of TECNO Jordan University in 1993. In addition to that, Malhas has sat on the board in many real estate and investment companies, and currently a board member in Seven Zones Real Estate Company & and Vice Chairman in First Dubai Real Estate Development Company (above 300 million dollars capital).

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Eng. Salwa Malhas, ME

Vice Chairman
Education Professional Experience

Mr. Khaled holds a Bachelor Degree in Accounting from Faculty of Commerce – English Department, Alexandria University, Egypt and holds an Executive “MBA” from Cass University, London. He holds designations of Certified Public Accountant “CPA”, Certified Management Accountant “CMA” and Certified Financial Manager “CFM”.

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Mr. Khaled Abdulatif, MBA,
CPA, CMA, CFM

Board Member

Mr. Khaled has over 20 years of operations, corporate finance, consulting, audit, banking, and accounting experience. Mr. Khaled was Chief Operating Officer of F&S Holding Company. From 2005 to 2011, he was Senior Vice President – Finance & Operations of Al-Muthanna Investment Company, a wholly owned subsidiary of Kuwait Finance House. He served as Chief Financial Officer, Vice President and Assistant Secretary of couple of U.S. Property Co. He also was Board Member of Florida Atlantic BOCA Research Park and Deerfield Research Park, State Of Florida, USA. He was Board Member of Muthanna Financial Brokerage Company. He started his career with Barclays Bank, where he worked in the corporate and investment banking department. He has wide and extensive experience in audit and consulting having previously worked with Ernst & Young and Arthur Andersen. During his service with those firms, he was acting manager of a large portfolio of medium to large size clients and was responsible for overall assignment control, client relationship coordination, and quality control assurance. Mr. Khaled is a Board Member of The Kuwaiti Manager Company for Managing Real Estate Projects and First Dubai Real Estate Development Company. He also is an instructor for full courses of professional designations.

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Mr. Khaled Abdulatif, MBA,
CPA, CMA, CFM

Board Member
Education Professional Experience

Mr. Al Hajraf received his Bachelor Degree in Law from Cairo University & he holds an MBA in General Management from the Canadian University-Dubai.

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Mr. Shlash Al Hajraf

Board Member

Mr. Al Hajraf has been in the real estate field for over ten years with experience in Kuwait in Commercial, Civil, Real Estate and Criminal law of Kuwait. Having decision-making skills with professional experience in top management works, he brings a rational and analytical approach to problem solving, a high level of integrity and professionalism. He has extensive and professional experience in establishing and managing companies, corporate governance, and has strong skills in the management of Boards, extensive experience in judicial decisions,17 years of experience in commercial and civil cases, and strong leadership skills as demonstrated by an ability to recruit, manage and motivate a team of in-house employees and high skills in negotiation and settlements.

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Mr. Shlash Al Hajraf

Board Member
Education Professional Experience

Received his Bachelor’s Degree in Business Administration (with emphasis on Accounting) from the Lebanese American University - Lebanon. He is also a Certified Public Accountant from the State of New Hampshire, USA. 

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Mr. Ayman Sheet , CPA

Board Member

Served for more than 4 years for RSM International as an Assistant Manager for Assurance & Business Advisory where he managed a portfolio worth of more than USD 650,000. In addition to working on financial audit assignments, he was responsible for Risk Consulting, Internal Auditing and Financial Consulting including M&A transactions and IPO’s. In 2006 Mr. Sheet joined KGL Investment at its inception, as Financial Controller, and was very involved in the establishment of finance and support services departments. By 2008, he was promoted to be the Group Financial Controller where he head up the Group's Financial Accounting & Reporting, Budgeting Control, Compliance & Treasury sections. 

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Mr. Ayman Sheet , CPA

Board Member