KWSE: 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.
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 |