Profile: ABYAAR | Abyaar Real Estate Development Co

KUWAIT STOCK EXCHANGE (KSE)Trading Hours: Sun - Thu 9:00 am-12:30 pm

Abyaar Real Estate Development Co ABYAAR
ABYAAR 0.00%
Real Estate 0.00%
KSE 0.00%
Last Value
% Change
Price in KW Fils Last Update : 26 Sep 2017 9:15 am (local time)


Corporate Details
Exchange Kuwait
Sector Real Estate
Auditors Ernst & Young Al Aiban, Al Osaimi & Partners
Rodl Middle East Burgan Intl. Accountants
Company Description

Abyaar Real Estate Development is a major real estate developer operating across the Middle East region. ABYAAR develops residential, commercial, retail and hospitality projects. The Company has its operations in the GCC countries.

Company Activities

ABYAAR’s activities include owning, buying and selling shares in real estate companies within Kuwait and abroad, as well as investing its surplus in real estate portfolios. The Company also provides management services, operation and maintenance works for buildings and properties of its own and of the others. It has popular projects across Dubai and Egypt.

Equity Profile
Date Established May 26, 2002
Listing Date Oct 29, 2007
Paid-up Capital (KW Fils) 110,727,500
Outstanding Shares 1,099,520,000
Shares Per Value 0.100
Contact Information

AlQblah, Alsoor Street, Al-Soor Tower, 6th Floor, P.O.Box: 4238, Safat 13043, Kuwait

+965 2291 5254

+965 2299 5256



Company History

Abyaar Real Estate Development Company was established in 2002 as a limited liability company, Abyaar’s legal status was changed in 2005 into a shareholding company with a capital of KD 35 million, pursuant to a strategic partnership between Kuwait’s Aayan Leasing and Investment Company and Al Rashdan Group.

Board Members & Senior Management
Mr. Marzooq Rashed Al-Rashdan Chairman
Mr. Saleh Abdulaziz Al-Sara'awi Vice Chairman
Mr. Hussain Al-Basri CEO
Mr. Hussain Hassan Al-Basri Board of Directors
Mr. Saed Mohammed Al-Amiri Board of Directors
Mr. Jassim Khalifa Al-Duaij Board of Directors
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