United Real Estate Company K.S.C.P. Company Description

United Real Estate Company K.S.C.P., together with its subsidiaries, engages in real estate operation and development in Kuwait, Egypt, Lebanon, the United Arab Emirates, Syria, Oman, Bahrain, Jordan, Europe, and the Kingdom of Saudi Arabia.

It operates through Rental Operations, Hospitality Operations, Real Estate Development and Property Trading, and Contracting and Services segments.

The company engages in the development, lease, purchase, and resale of real estate properties; ownership, sale, and acquisition of real estate properties and lands; and management of third-party properties.

Its property portfolio includes hotels, clubs, motels, entertainment houses, rest places, gardens, parks, exhibitions, restaurants, cafes, residential compounds, touristic and health spas, entertainment and sports facilities, and stores.

It also provides hospitality services through Marina Hotel, Hilton Hotel, Bhamdoun Hotel, Waldorf Astoria, and Salalah Residence.

In addition, the company offers agriculture, touristic development, and contracting services; facilities management services, such as maintenance, cleaning, and security services; real estate advisory services; and 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 the organization of real estate exhibitions; holding of real estate bids; ownership, sale, and acquisition of stocks and bonds of real estate companies; and ownership of commercial markets and residential compounds.

The company 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