Noor AlSalhiya Real Estate Company
Symbol Noor Alsalhiya OTC Code 575 Type of Trade NEGDEAL
Date of last trade/ date of last hybrid deal:   29 December 2024
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 Noor AlSalhiya Real Estate Company
Sector Real Estate
Sub-sector
Legal form Closed Kuwaiti Shareholding Company
Company establishment date 09 July 2005
Company purpose

- Own, sell, purchase and develop real estate properties and land plots on the Company’s behalf and for third parties, in Kuwait and abroad. Provide property management services for third parties within the limits set by the applicable laws without violating the ban imposed on trading in private housing plots.

- Own, sell and buy shares and bonds issued by real estate companies on the company's behalf only in Kuwait and abroad.

- Prepare studies and provide advisory services in various fields within the real estate sector provided that the service provider fulfils all required conditions.  

- Own, manage and rent hotels, health clubs and touristic facilities.

- Provide maintenance services for buildings and real estate properties owned by the company and third parties, including various types of maintenance work such as civil, mechanical, electrical, elevators and air conditioning works to ensure their maintenance and safety.

- Manage, operate, invest, rent and lease hotels, clubs, motels, guest houses, rest houses, parks, galleries, restaurants, cafeterias, residential complexes, touristic and health resorts, recreational and sports projects, recreational facilities, public places, shops and stores of different types and levels including the provision of main services and support as well as any other related services.

- Organize real estate exhibitions for the Company’s projects according to the regulations stipulated by the ministry.

- Set up of real estate auctions according to the regulations stipulated by the ministry.

- Own and manage commercial and residential complexes.

- Utilize the Company's surplus to invest in financial portfolios managed by specialized companies.

- Directly contribute in laying down the infrastructural foundation for residential, commercial and industrial zones based on Build, Operate, and Transfer (B.O.T.) system. The Company may carry out its above stated activities in Kuwait and abroad directly or on behalf of third parties and may have interests with entities that carry out businesses similar to its own or that may be conducive to achieving its objects, and it may buy, participate in, associate with or merge with such entities.

Company profile

Noor Al-Salhiya Real Estate Company was established on 9 July 2008 as a Kuwaiti Closed Shareholding Company with a capital of KWD 15 million divided into 150 million shares at 100 fils per share.

 

Shareholding records Kuwait Clearing Company (KCC)
Auditor
Date of joining the OTC Platform 18 November 2018
Type of deal NEGDEAL
Sharia'a compliant No
Source of Data Various credible sources
Last Updated On 31 July 2023
Location

The Qibla 13 - Thanyan Al-Ghanim Street - Noor Al-Isthmayar Complex - Building 2 - Dor -4 Office 1

Tel

Fax

22496912

Email Address

info@noorre.com

Website

www.noorre.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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