Al Rowad Real Estate Company
Symbol Al Rowad Real Estate OTC Code 1011 Type of Trade HYBRID
Date of last trade/ date of last hybrid deal:  
Last Price:  

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Company Name Al Rowad Real Estate Company
Sector Real Estate
Sub-sector
Legal form Closed Kuwaiti Shareholding Company
Company establishment date 01 November 2007
Company purpose
- Investment in diverse real estate sectors.
- Real estate consulting services.
- Economic and technical feasibility studies and project evaluations.
- Financing and investment companies and institutions – including stocks and bonds.
- Establishment and management of financial portfolios.
- Companies and institutions providing financial facilities.
- Organization of exhibitions.
- Coordination of public auctions.
Company profile Al-Ruwad Real Estate Company was registered on November 1, 2007, as a closed Kuwaiti shareholding company with a paid-up capital of KD 10,000,000, divided into 100,000,000 shares valued at 100 fils each. The company is registered under commercial registration number 324669.

The company plays a significant role in property management and provides substantial investment opportunities in the real estate sector. Its primary focus is on the Kingdom of Saudi Arabia through its fully owned subsidiary, Al-Ruwad Real Estate, established in 2008.

Company Capital:
The capital of Al-Ruwad Real Estate, as approved in the meeting minutes and the partnership assembly contract on March 19, 2021, was reduced from KD 10,000,000 (ten million Kuwaiti dinars) to KWD 8,500,000 (eight million five hundred thousand Kuwaiti dinars), distributed over 85,000,000 shares (eighty-five million shares) with each share valued at 100 fils. Although this decrease was proposed, it has not yet been approved. However, the company's capital remains at KWD 10,000,000, divided into 100,000,000 shares, valued at 100 fils each, with all shares being cash.
 
Shareholding records Kuwait Clearing Company (KCC)
Auditor
Date of joining the OTC Platform 15 August 2024
Type of deal HYBRID
Sharia'a compliant Yes
Source of Data Various credible sources
Last Updated On 17 August 2024
Location

Al Mirqab St. Ahmed Al Jaber KFH tower, floor 12, king of Kuwait Real Estate

Tel

22257825

Fax

22257820

Email Address

info@alruwadre.com

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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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