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National Real Estate Company KPSC
Al Hamra Tower, Floor 58,
Al Shuhadaa Street, Sharq, Kuwait City
Phone: +965 22299191p:+965 22299191 SAFAT, 13087  Kuwait Ticker: NRENRE
Business Summary
National Real Estate Company KPSC is a Kuwait-based company operating in the real estate sector. The Company has two segments: The real estate and others segment, which includes development, trading, leasing, and management of real estate properties and related activities; and the investments segment, which covers investments in associates, joint ventures, and equity securities. It engages in real estate activities such as purchasing, selling, construction management, and maintenance of properties. The Company also owns, manages, operates, invests in, and leases hotels, health clubs, parks, gardens, exhibitions, restaurants, residential complexes, and resorts. The Company's subsidiaries include Kuwait Touristic Enterprise Development Company (Private Shareholding Company), Al Takafouh Al-Thahabi General Trading and Contracting Company W.L.L., and HRD International for Human Resource Development W.L.L., among others.
(Source: ARS)

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
3/31/202512/31/2024Yes----

Industries
SIC Code Description
6512 Operators of nonresidential buildings
6519 Lessors of real property, not elsewhere classified
6531 Real estate agents and managers
1541 General contractors-industrial buildings and warehouses
1542 General contractors-nonresidential buildings, other than industrial
6552 Land subdividers and developers, except cemeteries
6799 Investors, not elsewhere classified

Officers and Directors

Title
Name
Age		 Title
Date		 Start
Date
Independent Chairman of the Board Hassan BassamAl-Houry 3/28/2017 3/28/2017
Chief Executive Officer, Executive Vice Chairman of the Board Faisal Jamil SultanAl-Essa 43 4/16/2019 6/20/2013
Board Secretary Angie SamirAhmed 11/13/2017 11/13/2017
4 additional Officers and Directors records available in full report.

Business Names
Business Name
National Real Estate Company K.S.C.
National Real Estate Company KSC
NRE

General Information
Number of Employees: 319 (As of 12/31/2012)
Outstanding Shares: 1,999,134,555 (As of 6/23/2025)
Stock Exchange: KUW
Fax Number: +965 22254020


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Thursday, July 3, 2025