United Real Estate Company K.S.C.P. (KWSE: URC)
Kuwait flag Kuwait · Delayed Price · Currency is KWD · Price in KWF
0.101
-0.012 (-10.62%)
At close: Nov 20, 2024

URC Company Description

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. operates as a subsidiary of Kuwait Projects Company Holding K.S.C.P.

United Real Estate Company K.S.C.P.
Country Kuwait
Founded 1973
Industry Real Estate
CEO Mazen Hawwa

Contact Details

Address:
Al Shaheed Tower
Kuwait City, 13023
Kuwait
Phone 965 1805 225
Website urc.com.kw

Stock Details

Ticker Symbol URC
Exchange Kuwait Stock Exchange
Fiscal Year January - December
Reporting Currency KWD
SIC Code 6500

Key Executives

Name Position
Mazen Hawwa Chief Executive Officer
Santhosh Unnikrishnan Chief Financial Officer
Mishary Al Muhailan Chief Operating Officer