Profile: ARGAN | Alargan International Real Estate Co.

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

Alargan International Real Estate Co. ARGAN
ARGAN 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
Symbol ARGAN
Exchange Kuwait
Sector Real Estate
Auditors Albazie & Co
Al-Waha Auditing Office
Company Description

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.

Company Activities

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.

Equity Profile
Date Established Mar 5, 2002
Listing Date Jul 23, 2007
Paid-up Capital (KW Fils) 26,500,000
Outstanding Shares 256,270,000
Shares Per Value 0.100
Contact Information

P.O.Box 8904,Salmiyah 22060, Kuwait

+965 2482 0440

+965 2482 2298



Company History

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.

Board Members & Senior Management
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
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