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United Real Estate Co. - URC

Kuwait Stock Exchange KSE    25 Nov 2015      5772.66     7.62
United Real Estate Co. URC    25 Nov 2015      94     -1.00

Company Profile

Company Information
Company Name United Real Estate Co.
Established on April 4th, 1973
Address Company Tower (Al -Shaheeq) – Sharq - Khalid Bin Al - Waleed Street, floors 6th, 7th, 8th and 9th,10th
P.O Box: 2232 Safat, 13023 Kuwait
Telephone (00965) 1805225
Fax: (00965) 22494584
Website: www.urconline.com
E-mail: mcc@urc.com.kw
No. Of Branches
Principal Activities Dealing in various real estate activities particularly the purchase, sale, leasing & renting of land and buildings. Construction of private and public buildings and projects directly or through others & sale of properties in cash or on installments & managing or renting properties in Kuwait and Abroad. Management of third parties properties in Kuwait & Abroad. Investing surplus of funds in investment portfolios managed by specialized institutions. Establishing, managing and sharing third parties in real estate funds in Kuwait and Abroad.
Equity Profile
Paid- up Capital 118,797,000 KWD
Share Par Value 100.00 KW Fils
Issued Shares 1,187,970,000 Shares
Board Members
Chairman Tareq Mohammad Abdullsalam
vice Chairman Ali Ibrahim Maarifi
Director Sheikh Fadel Khalid Al-Sabah
Director Adel Jassem Al Waqayan
Director Samer Sobhi Khanshat
Director Mazen Essam Hawa
Director Shekha/Bibi Nasr Sobah Al Ahmed
Executive Chief Mohammed Ahmad Al Sakkaf
Auditors Al-Waha Audinting Office , Al-Aiban & Osaimy & Co. Ernest & Young