Profile: URC | United Real Estate Co.

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

United Real Estate Co. URC
URC 0.00%
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
Symbol URC
Exchange Kuwait
Sector Real Estate
Auditors Ernst & Young
Al-Waha Auditing Office
Company Description

United Real Estate Company (URC) is the leading real estate development company in the MENA Region. The Company invests its surplus funds in investment portfolios managed by specialized institutions. Majority stakeholder of the company is Kuwait Project Holding Company, commonly known as KIPCO. URC's subsidiaries are United Facilities Management Company, United Building Company, Kuwait United Construction Management Company and Al Dhiyafa Holding Company

Company Activities

URC is active in the construction of private and public buildings, sale and renting of properties, management of third party properties in Kuwait & abroad. URC's portfolio includes commercial complexes, Hotels, Resorts, Residential Buildings, Shopping Centers, high rise office buildings as well as mixed-use projects (office, retail, and residential).

Equity Profile
Date Established Apr 4, 1973
Listing Date Sep 29, 1984
Paid-up Capital (KW Fils) 118,797,442
Outstanding Shares 1,069,469,953
Shares Per Value 0.100
Contact Information

Al Shaheed Tower, Khalid Bin Al-Waleed St, Sharq, P.O. Box 2232, Safat 13023, Kuwait

+965 1805225

+965 22494584



Company History

United Real Estate Company (URC) was established in 1973 in accordance with the Amiri decree issued on 4/4/1973.

Board Members & Senior Management
Mr. Tariq Mohammad AbdulSalam Chairman
Mr. Ali Ibrahim Marafi Vice Chairman
Mr. Mohammed Ahmed Al Saqqaf CEO
Sheikh Fadhel Khaled Jaber Al-Sabah Board of Directors
Sheikha Bibi Nasser Al-Sabah Board of Directors
Mr. Adel Jassim Al Waqayan Board of Directors
Mr. Samer Subhi Khanachet Board of Directors
Mr. Mazen Issam Hawa Board of Directors
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