Arab Real Estate Company

About Arab Real Estate Company

The company: The Arab Real Estate Company is a KSC (Kuwaiti shareholders company) (closed), registered in the Kuwait Stock Exchange and established in 1976. Its capital ranked from KD 4.000.000 (Kuwaiti Dinars four million) till it reached KD 35.848.406 (Kuwaiti Dinars thirty five million eight hundred forty eight thousand five hundred six). The Arab Real Estate Company played a pioneer role in the field of the real estate and investment sector development, on both local and international level. Since its establishment, the Arabian Real Estate Company has sought for the development and the promoting of specialization and diversification methods in its real estate investment. The Arab Real Estate Company also adopted controlled strategies aiming to seize the most suitable and profitable investment opportunity; this method might reflect a justification for the continuous company's concern to get ride of some of the assets, not important for the income, or that of less performance in such a manner as to not conform with the real estate sector average from one part, and with its continuous seeking to change its liquidity to some operating activities of high capital development in strategic locations from the other part. The Arab Real Estate Company witnessed lately a development. This development and prosperity were led by the chairman and managing director Mr. Imad Jawad Bou Khamsin, and the company became during his term one of the most eminent real estate companies in the state of Kuwait and it acquired the BBB grading of the affiliation system from the Capital Intelligence company, the matter that reflects its important financial condition, on the basis of which, the company upon agreement with the World Investment House Company (global) issued bonds amounted to 20 million Kuwaiti Dinars; it was the first issue for the company, and it acquired the BBB grading from the Capital Intelligence Company and this issue has been completely insured.