• Invitation To Attend The Ordinary General Assembly Meeting for Year 2014

    The Board of Directors of Kuwait Real Estate Company (K.S.C) (AQARAT) is pleased to invite the honorable shareholders to attend the Company’s Ordinary General Assembly Meeting, to be held at exactly 11:00 am. on Thursday 2/4/2015 at Salhia Hall – First Floor – J. W. Marriott Kuwait Hotel.

    To look into the following work agenda:

    1- To hear the report of the...

  • AQARAT achieves KD 7.1 m profit for year 2014

    Kuwait Real Estate Company KPSC (AQARAT) achieved a profit of KD 7.1 m for the year 2014 as compared to profit of KD 6.7 million achieved in year 2013. The Earnings per Share (EPS) increased to 7.8 Fils in fiscal year 2014; from 7.4 Fils in 2013, an increase of 6%.

    Furthermore, the Shareholders’ equity improved to KD 126 million as compared to KD 124 million in 2013. Resultan...

  • AQARAT 75 Million Dinars Facilities from AL-AHLI United Bank

    Kuwait Real Estate Company (AQARAT) announced signing an agreement to obtain credit facilities from Al-Ahli United Bank amounting to 75 Million (Seventy Five Million Kuwaiti Dinars) with annual interest ranging between 1.75% and 2.4% above the discount rate of the Central Bank, provided that settlement of these facilities to be concluded in year 2020. It is expected that the impact of thes...

  • Aria Development Group and AQARAT Announce New Downtown Miami Mixed-Use Project

    Aria Development Group, together with AQARAT, announced its latest development in the heart of Downtown Miami\'s bourgeoning urban core. The mixed-use project, set to open in 2017, will feature luxury apartments and Miami\'s first YOTEL hotel. Aria Development Group, a New York and Miami-based real estate investment and development company, closed on a joint venture agreement with AQARAT, one o...

  • AQARAT Realizes 3.3 Million Kuwaiti Dinars Profit from The Sale of Reem Center in Salmiyah

    Kuwait Real Estate Company (AQARAT) announced that it has finalized signing the sale contract of an investment property it owns, being 2,165 square meters, in Salmiya district for a total value of 4.8 Million Kuwaiti Dinars

    Mr./ Ibrahim Saleh Al-Tharban – Chairman of the Company said: “In light of the growing activities of selling and buying which Kuwait real estate market i...

  • AQARAT Expands Its Real Estate Activity By Purchasing A Land With Area of 11,440 Square Meters

    Kuwait Real Estate Company (AQARAT) concluded a purchase deal for land with area of 11,440 square meters in Beda District – Coastal Strip, at a value of KD. 25,500,000/-

    On this occasion, Mr./ Ibrahim Saleh Al-Tharban – Chairman & Managing Director of “ Aqarat “ Company said: “ Beda district has witnessed noticeable increase in land prices during the pa...