Profile: TAAMEER | Taameer Real Estate Investment Company

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

Taameer Real Estate Investment Company TAAMEER
Real Estate 0.20%
KSE 0.66%
Last Value
% Change
Price in KW Fils Last Update : 02 Aug 2017 11:00 am (local time)


Corporate Details
Exchange Kuwait
Sector Real Estate
Auditors N/A
Company Description

Taameer Real Estate Investment Company is a real estate developer and an operator of hospitality projects (hotels, services apartments, health clubs/spas, and also food and beverage). The company also provides various services such as management services, technical assistance and franchise services.

Company Activities

The Company's services are divided in to three segments; Management Services cover areas such as accounting/ financial reporting & auditing, administration, recruitment & training, cost control & purchasing policies, day-to-day operations, quality assurance, finance/ forecasting & budgeting, insurance & maintenance supervision, public relations and sales & marketing activities; Taameer along with its partner Real Estate Solutions (RES) provides technical services, in the form of pre-development and development consultation; Taameer's franchise services include franchising apartment buildings under the Amaia Residence brand.

Equity Profile
Date Established Aug 17, 1978
Listing Date Dec 12, 2005
Paid-up Capital (KW Fils) 24,000,000
Outstanding Shares 230,373,000
Shares Per Value 0.100
Contact Information

Universal Tower, 14th floor, Ahmed Al-Jaber Street, P.O Box: 29295, Safat, Kuwait.

+965 2249 2266

+965 2249 2269



Company History

Al Taameer Real Estate Investment Company KSC was established in 1978 as a closed Kuwaiti shareholding company with the primary objective of investing in the Kuwait real estate market. In 2004, Al Massaleh Real Estate Company acquired majority stake in Taameer and redirected its activities towards the hospitality sector.

Board Members & Senior Management
Mr. Bader A. H. Baqer Chairman
Mr. Ahmed M. A. Mohamed Vice Chairman
Sh. Sabah Faisal D. Alsabah Board of Directors
Mr. Fahad A. Alkhatrash Board of Directors
Mr. Sulaiman M. Alrubaei Board of Directors
Mr. Abdulhamid M. Mihrez Board of Directors
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