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United Real Estate Company KSCP
Al Shaheed Twr,Grnd Flr,6th-10th Fl
Khalid Bin Al-Waleed Street
Phone: +965 1805225p:+965 1805225 SAFAAT, 13023  Kuwait Ticker: URCURC
This company was Merged or Acquired on 1/25/2011.
This is a Subsidiary, click here for the Parent Company
Business Summary
United Real Estate Company SAKP is a Kuwait-based shareholding company that operates in the real estate sector. The Company is engaged in dealing in various real estate activities, particularly the purchase, sale, leasing and renting of land and buildings; the construction of private and public buildings and projects; the construction and operation of hotels in Kuwait and abroad, and the management of third party properties in Kuwait and abroad. The Company is organized, along with its subsidiaries, into four business segments: the Rental operations segment consists of leasing of properties; the Hotel operations segment provides hospitality services through Marina Hotel, Fairmount Hotel and Bhamdoun Hotel; the Property trading segment consists of the purchase and resale of properties, and the Real estate development segment includes the development of real estate properties.

Scores and Ratings
FRISK®
Score		 Z''
Score		 PAYCE®
Score		 DBT
Index		 Moody's
Rating		 Fitch
Rating		 DBRS
Rating
Yes------

Financials, News and Filings
Latest
Statement		 Last
Audit
News		 SEC
Filings		 Bankruptcy
Filings		 Suit &
Judgment
Filings		 Tax
Lien
Filings
12/31/202312/31/2023Yes----

Industries
SIC Code Description
6531 Real estate agents and managers
6512 Operators of nonresidential buildings
6513 Operators of apartment buildings
7011 Hotels and motels
6552 Land subdividers and developers, except cemeteries
1542 General contractors-nonresidential buildings, other than industrial
1531 Operative builders

Officers and Directors

Title
Name
Age		 Title
Date		 Start
Date
Non-Executive Chairman of the Board Bibi Abdullah Naser Sabah AlAl Sabah 1/1/2019
Group Chief Executive Officer, Vice Chairman of the Board, United Real Estate Mazen IsamHawwa 46 1/1/2019 3/17/2011
Group Chief Financial Officer Santhosh KumarUnnikrishnan
12 additional Officers and Directors records available in full report.

Business Names
Business Name
United Real Estate Company S.A.K.
United Real Estate Company SAK
URC

General Information
Number of Employees: 154 (As of 12/31/2004)
Outstanding Shares: 1,302,063,808 (As of 12/31/2023)
Stock Exchange: KUW
Fax Number: +965 22441003


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Thursday, April 18, 2024