Company Al-Arabiya Real Estate Company K.S.C.P.

Equities

ARABREC

KW0EQ0400691

Real Estate Development & Operations

End-of-day quote Kuwait S.E. 23:00:00 14/05/2024 BST 5-day change 1st Jan Change
0.0795 KWD +8.31% Intraday chart for Al-Arabiya Real Estate Company K.S.C.P. +7.43% +18.30%

Business Summary

Al-Arabiya Real Estate Co KSCP is a Kuwait-based public shareholding company that operates in the real estate sector. The Company is engaged in real estate operations and investments within Kuwait, the Gulf Cooperation Council (GCC) markets, and the Middle East and North Africa (MENA) region. The Company operates in three business segments: the Real Estate segment is engaged in the real estate activities and real estate investment; the Hotel segment focuses on setting up, managing and owning hotels, and the Investment segment includes the investment in shares of other companies’ capital. The Company’s local projects include Al Dajeej Complex, Danah Tower, Sadeeka Tower, Dalya Tower and Salmiya Buildings - No 15 & 16. In May 2014, the Company sold its subsidiary in the United Arab Emirates.

Number of employees: 18

Sales per Business

KWD in Million2022Weight2023Weight Delta
Real Estate
55.6 %
9 64.3 % 8 55.6 % -10.18%
Hotels
33.2 %
5 34.1 % 5 33.2 % +1.18%
Unallocated Items
9.5 %
0 0.6 % 1 9.5 % +1,598.88%
Investment
1.7 %
0 1.0 % 0 1.7 % +80.46%

Sales per region

KWD in Million2022Weight2023Weight Delta
Kuwait
67.2 %
11 86.4 % 9 67.2 % -19.25%
United Arab Emirates
32.8 %
2 13.6 % 5 32.8 % +151.63%

Managers

Managers TitleAgeSince
Chief Executive Officer - 31/12/03
Director of Finance/CFO - -
Chief Administrative Officer - -
Chief Tech/Sci/R&D Officer - -
Chief Tech/Sci/R&D Officer - -

Members of the board

Members of the board TitleAgeSince
Chairman - -
Director/Board Member 65 -
Chief Executive Officer - 31/12/03
Director/Board Member - -
Director/Board Member - -

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 369,209,730 187,753,798 ( 50.85 %) 6,625,273 ( 1.794 %) 50.85 %

Shareholders

NameEquities%Valuation
Bukhamseen Holding Group Co.
48.24 %
178,106,811 48.24 % 41 M KWD
6,625,273 1.794 % 2 M KWD
Pension Reserves Investment Management Board
0.0884 %
326,447 0.0884 % 75 040 KWD

Holdings

NameEquities%Valuation
6,625,273 1.79% 1,522,952 $

Company contact information

Al-Arabiya Real Estate Co.

Emad Commercial Center Ahmad Al-Jaber Street

13130, Kuwait City

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http://www.arec-kwt.com
address Al-Arabiya Real Estate Company K.S.C.P.(ARABREC)
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