Oqyana Real Estate Company
Symbol OREC OTC Code 951 Type of Trade HYBRID
Date of last trade/ date of last hybrid deal:   26 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 Oqyana Real Estate Company
Sector Real Estate
Sub-sector
Legal form Closed Kuwaiti Shareholding Company
Company establishment date 04 July 2002
Company purpose
  • Owning, selling, buying, and developing real estate and land, except for private housing vouchers inside and outside the State of Kuwait, for the account of the company and managing the properties of others, provided that this does not conflict with the laws in force.
  • Owning, selling, and buying shares and bonds of 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 by those who practice providing this service.
  • Carrying out maintenance work 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.
  • Organizing real estate exhibitions for the company's real estate projects, according to the regulations in force in the ministry.
  • Utilizing the financial surpluses available to the company by investing them in financial and real estate portfolios managed by specialized companies and entities.

The company may conduct the business in the State of Kuwait and abroad in an original or by proxy capacity, and the company may have an interest or participate in any way with the bodies that carry out activities like its work or that might help it achieve its objectives in Kuwait or abroad, and it may establish or Participate in, buy or affiliate with these organizations.
 
Company profile

Oqyana Real Estate Company - KSC (closed), originally established as Damna Al Khaleej Real Estate, is a closed Kuwaiti shareholding company. The company was registered in the Real Estate Registration and Documentation Department at the Ministry of Justice under the number 1254 / Volume 1 on April 7, 2002.

The company aligns its operational practices with the principles of Islamic Sharia.

Capital Structure of the Company:
The former capital of Oqyana Real Estate was recorded at KD 262,500,000  in 2016.
According to the annual financial report for the fiscal year that concluded on December 31, 2018, the authorized, issued, and fully paid-up capital of Oqyana Real Estate amounted to  KD 150.16 million, consistent with the capital in 2017. This capital is assigned across 1,501,600,000 shares, each having a nominal value of 100 fils, and the entirety of the share capital has been paid in cash.

 
Shareholding records Kuwait Clearing Company (KCC)
Auditor
Date of joining the OTC Platform 11 February 2020
Type of deal HYBRID
Sharia'a compliant Yes
Source of Data Various credible sources
Last Updated On 10 October 2024
Location

Kuwait - Fahad Al Salem Street - Al Salam Tower - Floor 13

Tel

22324566/7/8/9

Fax

22324570

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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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