Albazie & Co|
Al-Waha Auditing Office
Alargan International Real Estate (ARGAN) is a leading local real estate developer specialized in affordable housing. The Company is primarily engaged in acquiring, developing, selling and renting of properties. ARGAN is headquartered in Salmiyah, Kuwait and has offices in Oman, Saudi Arabia, Bahrain, UAE, Lebanon and Egypt.
ARGAN’s activities include investing in other real estate companies, offering consultancy services, offering property repair and maintenance services, and engaging in constructional material and supplies trading. The company builds, sells and rents residential compounds, apartment blocks, commercial centers, health centers and hotel resorts and complexes. The company has a wide scoop of business in all property types including: mixed use developments, government & industrial projects, liesure & tourism development, and B.O.T (Build, Operate, Transfer) projects.
|Date Established||Mar 5, 2002|
|Listing Date||Jul 23, 2007|
|Paid-up Capital (KW Fils)||26,500,000|
|Shares Per Value||0.100|
P.O.Box 8904,Salmiyah 22060, Kuwait
+965 2482 0440
+965 2482 2298
The Company was established in 1994 as a family owned contracting company in Kuwait focused on the construction of middle income homes. The Company steadily grew into a residential developer while offering other real estate services. ALARGAN became a joint stock company in 2002 and established development subsidiaries with strategic partners in Oman (2002), Bahrain (2003) and Saudi Arabia (2006). The Company was listed in the Kuwait Stock Exchange in 2007.
|Mr. Khaled Khudair Al-Mashaan||Chairman|
|Mr. Hamad Al-Mudhaf||Vice Chairman|
|Mr. Faisal Khudair Al-Mashaan||Board of Directors|
|Mr. Abdulaziz Khaled Al-Abdulrazaq||Board of Directors|
|Mr. Haitham Al-Khaled||Board of Directors|