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United Real Estate Company (UREK)

Kuwait City

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49 -0 -1.02%

01/05 - Closed. Currency in KWD ( Disclaimer )

Volume: 713,262
Bid/Ask: 60 / 62
Day's Range: 48 - 49

Type: Equity

Market: Kuwait

ISIN: KW0EQ0400626

S/N: 402

United Real Estate Company Company Profile

Get an in-depth profile of United Real Estate Company, including a general overview of the company's business and key management, as well as employee data and location and contact information.

IndustryReal Estate Operations

SectorReal Estate

Employees

Equity Type

ORD

United Real Estate Company K.S.C.P., together with its subsidiaries, engages in real estate investment and development activities in the Kuwait, Egypt, Lebanon, the United Arab Emirates, Syria, Oman, Bahrain, Jordan, Europe, and Kingdom of Saudi Arabia. It operates through Rental Operations, Hospitality Operations, Property Trading and Real Estate Development, and Contracting and Services segments. The company engages in the development, leasing, purchase, and resale of real estate properties, as well as manages third party properties; and owning, selling, and acquiring real estate properties and lands. Its property portfolio includes retail complexes, hotels, residential properties, and office buildings. It also provides hospitality services through Marina Hotel, Hilton Hotel, Bhamdoun Hotel, and Salalah Residence. In addition, the company offers agriculture, touristic development, and contracting services, as well as facilities management services, such as maintenance, cleaning, and security services; owns, sells, and acquires stocks and bonds of real estate companies; prepares studies and provides real estate advisory services; and carries-out maintenance works of buildings and real estate properties, such as civil, mechanical and electrical works, elevators and air conditioning works, and other related maintenance works. Further, the company engages in owning, managing, operating, investing, leasing, and renting hotels, clubs, motels, entertainment houses, rest places, gardens, parks, exhibitions, restaurants, cafes, residential compounds, touristic and health spas, entertainment and sports facilities and stores; organizing real estate exhibitions; holding real estate bids; and owning commercial markets and residential compounds. United Real Estate Company K.S.C.P. was incorporated in 1973 and is headquartered in Kuwait City, Kuwait. United Real Estate Company K.S.C.P. is a subsidiary of Kuwait Projects Company Holding K.S.C.P.

Contact Information

Address Al Shaheed Tower Khalid Bin Al-Waleed Street
Sharq PO Box 2232, Safat Kuwait City,13023
Kuwait

Phone 965 1805 225

Fax 965 2247 2692

Web www.urc.com.kw

Top Executives

Name	Age	Since	Title
Bibi Nasser Sabah Al-Ahmed Al-Sabah	-	-	Non Executive Chairman
Mazen Issam Hawwa	46	2011	Vice Chairman & Group CEO
Fadel Khaled Al Jaber Al-Sabah	-	-	Independent Director
Adel Jasem Mohammed Al-Waqayan	60	-	Non Executive Director
Mahmoud Ali Mahmoud Tifouni	-	2020	Non Executive Director
AbdulAmir Qasem Jafar Ali	-	-	Independent Director
Tariq Mohammad Yousef Abdulsalam	56	-	Non-Executive Director

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	UREK	49	-0	-1.02%

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