City Group Company
Symbol City Group OTC Code 101 Type of Trade HYBRID
Date of last trade/ date of last hybrid deal:   11 May 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 City Group Company
Sector Services
Sub-sector Retail & Consumer
Legal form Closed Kuwaiti Shareholding Company
Company establishment date 03 August 1977
Company purpose - Carrying out land transport operations for various goods, including vegetables, fruits, meat, liquids, and bulk materials, within Kuwait or internationally.
- Engaging in operations related to land transport, such as importing and owning land transport vehicles, including cars and spare parts, establishing maintenance workshops, and renting out such vehicles.
- Owning, renting, and leasing real estate and lands necessary to support the company's activities.
- Handling clearance operations for imported and exported goods, as well as packaging services for various types of goods.
- Initiating efforts to enhance road connections and promote land transport growth among Arab countries.
- Representing foreign transport companies related to the company's activities.
- Handling the transportation of all types of goods, including catalysts and hazardous materials.
- Establishing and equipping warehouses with cranes and facilities for organizing and moving goods, managing and maintaining the warehouses, and renting them to others for storage purposes.
- Participation in the management, operation, and maintenance of sea and land ports associated with transport activities.
- Engaging in e-commerce activities within the scope of the company's operations.
- Construction and rental of buildings to support transport services and crafts.
- Maritime transport services, including ship services, ship financing, and acting as agents for ship companies.
- Land transport services for various passenger types, as well as ownership of passenger transport vehicles.
- Rental and leasing of heavy equipment and transport vehicles used in land transport operations.
- Providing transport services related to aviation and airport management, such as ground support services for passengers, aircraft, and cargo.
- Investment of surplus funds in financial and real estate portfolios managed by specialized companies and entities, in accordance with Amiri Decree No. (235) of 2003.
- The company may show interest or participate with entities involved in similar businesses or that can assist in achieving its objectives locally or internationally. It also has the authority to purchase or merge with such entities.

 
Company profile

Citigroup KSC (closed) was established as a Kuwaiti closed shareholding company on August 3, 1977, under the name formerly known as Transport and Storage Group.
The company operates in the public transport and storage sector in Kuwait and holds the leading position in the industry.
Citigroup has wholly owned subsidiaries, including Kuwait China Bus Company and Boodai Aviation Group, which play a significant role in the aviation sector and serve as a commission agency for importing buses.

On July 5, 1999, Citigroup's shares were listed on the Kuwait Stock Exchange. However, the company voluntarily withdrew from the exchange on June 19, 2016.

Company capital:
The authorized, issued, and fully paid-up capital of Citigroup, according to the annual financial report for the year ending December 31, 2022, is KD 11,300,789 (11,300,789 / 2021). The capital is divided into 113,007,890 shares, each with a nominal value of 100 fils.
Shareholding records Kuwait Clearing Company (KCC)
Auditor Deloitte & Touche - Al Wazzan & Co.
Date of joining the OTC Platform 18 November 2018
Type of deal HYBRID
Sharia'a compliant No
Source of Data Various credible sources
Last Updated On 13 August 2025
Location

Crusader Industrial - piece 2- 800100 voucher

Tel

1882211

Fax

24677945

Email Address

info@citygroupco.com

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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