Kuwait AlAreen Real Estate Co.
Symbol AlAreen OTC Code 511 Type of Trade HYBRID
Date of last trade/ date of last hybrid deal:   21 August 2025
Last Price:   Last Price is available exclusively to certain of our subscriptions. Refer to the features of our different packages.

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Company Name Kuwait AlAreen Real Estate Co.
Sector Real Estate
Sub-sector
Legal form Closed Kuwaiti Shareholding Company
Company establishment date 10 September 2006
Company purpose
  • Owning, selling, buying, and developing real estate and land for the company inside and outside the State of Kuwait, as well as managing the property of others, all of which do not contradict the provisions stipulated in the existing laws and what they have prohibited from trading in private housing vouchers as stipulated in these laws.
  • Owning, selling, and buying shares and sukuk of Islamic real estate companies for the company’s account only in Kuwait and abroad.
  • Preparing studies and providing consultations in real estate fields of all kinds, provided that the required conditions are met for those who practice providing this service.
  • Owning and managing, renting, and leasing hotels, health clubs, and tourist facilities.
  • Carrying out maintenance works related to buildings and real estate owned by the company and by others, including maintenance work, implementation of civil, mechanical, and electrical works, elevators and air conditioning works to ensure the preservation and safety of the buildings.
  • Managing, operating, investing, renting, and renting hotels, clubs, guest houses, rest houses, parks, gardens, exhibitions, restaurants, cafeterias, residential complexes, tourist, and health resorts, recreational and sports projects, and stores, on various levels and levels, including all original services and assistance, facilities attached to them, and other necessary services.
  • Organizing real estate exhibitions for the company's real estate projects, according to the regulations in force in the ministry.
  • Holding real estate auctions according to the regulations in force in the ministry.
  • Owning and managing commercial markets and residential complexes.
  • Exploiting the financial surplus available to the company by investing it in portfolios managed by specialized companies and entities.
  • Direct contribution to laying the infrastructure for residential, commercial, and industrial areas and projects with BOT system and real estate facilities management with BOT system
  • The company may conduct the business in an original or by proxy capacity, and the company may have an interest or participate in any direction with the bodies that carry out activities like its work or that might assist it in achieving its objectives in Kuwait or abroad, and it may establish, participate or buy these bodies or She catches her.
Company profile

Kuwait Al-Areen Real Estate Company was established. (Closed) under the name (Expat Real Estate Services Company) as a closed Kuwaiti shareholding company registered in the State of Kuwait under a contract of establishment of a Kuwaiti shareholding company (closed) notarized by the Ministry of Justice - Real Estate Registration and Documentation Department - under No. 103 / Leather 1 dated January 12, 2004, and its subsequent amendments the last of which was marked in the Commercial Registry under No. 98205 on May 30, 2016.

The company's capital:

The previous capital of (Kuwait Al-Areen Real Estate) is an amount of 14,157,360 Kuwaiti Dinars.

The authorized, issued and fully paid-up capital of (Kuwait Al-Areen Real Estate) as it is in the annual financial report for the fiscal year ending on January 31, 2018, is an amount of 15,006,802 Kuwaiti Dinars distributed over 150,068,020 shares with a nominal value of 100 fils per share, and all shares are in cash.
Shareholding records Kuwait Clearing Company (KCC)
Auditor
Date of joining the OTC Platform 18 November 2018
Type of deal HYBRID
Sharia'a compliant Yes
Source of Data Various credible sources
Last Updated On 30 July 2025
Location

East - Ahmed Al Jaber Street - Tower Sea - Floor 16

Tel

22479460- 22479461

Fax

22429922

Disclaimer

If a company wishes to remove the available information from this website, the management of the company can do so through the provided link and by contacting Almowazi telephonically on the numbers provided on its website.

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