|Sector||Real Estate & Construction|
Ernst & Young|
Al Mazaya Holding Co. is a large investment and real estate development company based in Kuwait and also listed on the Kuwait Stock Exchange. Its subsidiaries include Seven Zones Real Estate Co. in Kuwait, Al Mazaya Real Estate and Al Dana Real Estate Limited in Dubai and Mazaya Lebanon Holding in Lebanon which deal with different aspects of real estate across the GCC.
Al Mazaya provides a wide range of real estate products and services which include purchasing, apportionment and development of large areas in selected zones to offering ready-to-use residential and commercial spaces. The company is engaged in several other real estate fields, such as purchasing, ownership, and selling of land and its development for the company inside and outside of Kuwait. Furthermore, Al Mazaya handles the management of third parties’ properties and management, operation and investment, leasing and rent of hotels, health clubs, recreational parks, gardens, exhibition grounds, restaurants, residential and commercial complexes, and tourist and health resorts.
|Date Established||Nov 7, 1998|
|Listing Date||Feb 20, 2006|
|Paid-up Capital (AED)||64,931,977|
|Shares Per Value||1 (KD)|
Mazaya Tower 01,Al Murqab, P.O Box: 3546, Safat, Kuwait
+965 2224 3333
+965 2241 1901
The company was established in 1998 and started operation as Al Mazaya Holding Company in 2004 with a paid up capital of KD 15 million to reach KD 68.9 - approximately $245 million.
|Mr. Rashid Al-Nafisi||Chairman|
|Mr. Abdulrahman Mohammad Rashid Al Shared||Vice Chairman|
|Eng. Ibrahim Al Soqabi||CEO|
|Mr. Mohammad K. Al-Othman||Board of Directors|
|Mr. Abdulrahman M. Rashed Alshared||Board of Directors|
|Mr. Abdul Hamid Mihrez||Board of Directors|