- URC

Kuwait Stock Exchange (State of Kuwait)
147 Last Update 29/01/2025 17:25 KSA
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Quotes

  • :156
  • :146
  • ('000):1,430,545
  • (KWD '000):210,290
  • :0.17


  • 6,831,472
  • :16,523
  • :413.45
  • 52-W L52-W H
    147
    43172
  • 11.05%
  • 255.81%


  • 309

  • (KWD):

    1,031,596.27
  • (KWD):516,786
  • :2
  • Performance Comparison

At a Glance

Activities

United Real Estate Company K.S.C.P. (URC) is a top real estate developer in Kuwait and the MENA region, with consolidated assets of approximately KD 651 million (US$ 2.12 billion) as of March 30, 2024. Headquartered in Kuwait, URC was founded in 1973 and listed on the Kuwait Stock Exchange in 1984. URC operates through various subsidiaries and investment arms across the MENA region. Its core business is real estate development and operations, with a diversified portfolio that includes retail complexes, hotels, residential properties, and high-rise office buildings. URC's operations also cover construction and contracting services, facility management, and project management through its subsidiaries. Its asset portfolio spans the MENA region, featuring projects like Hessah Al Mubarak District in Kuwait, Marina World, Marina Hotel, KIPCO Tower, Salalah Gardens Mall & Residences in Oman, Abdali Mall in Jordan, Raouche View 1090 in Lebanon, Hilton Cairo Heliopolis & Waldorf Astoria Hotels, Medius Residences in Egypt, and Assoufid development in Morocco. URC is the real estate arm of its majority shareholder, Kuwait Projects Company - Holding (KIPCO Group), which focuses on investments in the Middle East and North Africa. KIPCO's strategy of acquiring, building, scaling, and selling companies in the MENA region has been successful for over 30 years. KIPCO's main business sectors include financial services, media, real estate, and industry, with interests in commercial banks, insurance companies, asset management, and investment banking.

Board of Directors:

  • Chairman:
    Shka. Bibi N. S. Al-Sabah
  • Vice-chairman:
    Mazen I. Hawwa
  • CEO:
    Mazen I. Hawwa
  • Board Members:

    AbdulAmir Q. Al-Muscati

    Abdulamir Q. J. Ali

    Mahmoud A. Tifouni

    Samer M. I. Abbouchi

    Sana A. H. Al-Hadlaq

    Sh. Fadel K. Al-Sabah

  • Auditors:

    Al Aiban Al Osaimi & Partners Ernst & Young

Senior Management

CFO

Unni K. S. Kumar

Deputy CEO - Operations

Mishary S. Al-Muhailan

Chief Property Management Officer

Abdullah F. A. Al-Sultan

Chief HR Officer

Rashid I. R. Al-Issa

Chief Investment Officer

Tareq Anbousi

Chief Sales and Marketing Officer

Lujain F. M. Al-Saleh

Senior Vice President Legal, Board Secretary

Abdo Salama

SVP - Risk & Compliance

Shadi Mekdashi

SVP - Internal Audit

Monika Yaacoub

News

United Real Estate launches residences tower (Trade Arabia - 18/03/2018)

United Real Estate Company (URC), one of Kuwait's leading real estate development companies, has announced ...

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URC holds its AGM for fiscal year 2016 (Arab Times - 19/04/2017)

United Real Estate Company (URC), one of the leading real estate developers in the Middle East and ...

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URC posts 8.3% rise in net profit for 2015 - Company holds its AGM (Arab Times - 13/04/2016)

United Real Estate Company (URC), Kuwait's leading development and property services company, today ...

Read More ...

Read More ...

Recent Profit / Loss Announcements

Announced On Period As Of Net Profit (SAR Mil) Growth (%)
12/11/2024 9-Month 30/09/2024 05 0
08/08/2024 6-Month 30/06/2024 04 0
14/05/2024 3-Month 31/03/2024 02 0
26/03/2024 12-Month 31/12/2023 04 0
09/11/2023 9-Month 30/09/2023 05 0
Contact Details

Related GCC Companies (Real Estate)

Market Cap
US$ Mil		 Last Price
Local Cry		 Price Change (%)
1 Day		 Price Change (%)
1 Year		 P/E TTM P/B MRQ Dividend Yield (%) Beta ROA (%) ROE (%)
EMAAR 25,725.23 13.55 0.74 0 9.79 0 0 1.47 0 0
ALDAR 16,436.8 7.82 1.82 -9.65 11.7 2.64 3.91 0.94 7.33 11.3
MODON 15,351.38 3.38 0.59 0 0 0 0 0 0 0
EMAARDEV 14,099.96 13.05 0.77 0 7.25 0 0 0.77 0 0
MASAKEN 10,324.6 42.6 2.15 0 -4.1 0.57 0 0 -6.27 -13.12
JABALOMAR 8,553.6 25.35 -1.37 0 -91.36 2.54 0 0.9 2.5 5.82
ERES 6,998.84 0.99 -2.95 -35 248.46 0.08 4.63 1.51 0.22 0.31
EMAAREC 5,557.41 17.9 -0.34 0 -15.37 1.99 0 1.03 -0.9 -1.95
MCDC 4,857.94 105.2 0.95 0 45.2 2.31 0 0.57 3.52 3.74
DARALARKAN 4,622.39 16.94 0.11 0 26.76 0.94 0 1.08 1.02 1.47
TECOM 4,219.1 3.04 -1.94 0 12.37 0 0 0 0 0
MABANEE 3,867.45 796 0.25 -15.66 23.91 1.76 1.32 0.19 6.43 13.18
TAIBA 3,533.06 47.9 -1.24 0 63.16 2.11 0 0.62 5.24 6.13
BRES 3,019.82 2.84 -0.18 -6.26 8.99 0.05 7.53 1.17 3.41 5.78
ALAKARIA 2,748.28 27 1.12 0 56.11 0.97 0 1.07 1.26 2.55
CENOMICENTERS 2,714.04 21.12 -0.76 0 7.41 0 0 0 0 0
ANAN 2,562.17 4.07 0 0 0 0 0 0 0 0
RETAL 2,251.93 16.7 0 0 36.6 0 0 0 0 0
ENMAALRAWABI 2,027.53 19.02 -1.46 0 109.06 0 0 0 0 0
ARDCO 1,757.72 36 0.13 0 18.52 2.67 0 0.76 6.14 9.23
KEC 1,491.99 15.58 -0.13 0 -80.8 1.79 0 1.15 -0.14 -0.14
DEYAAR 1,478.41 0.94 0.85 0 7.74 0 0 1.25 0 0
RAKPROP 955.42 1.18 -2.48 3.03 16.09 0.61 8.33 0.77 3.34 4.48
ALTIJARIA 908.83 197 7.06 2.66 20.94 0.92 5.92 0.18 3.5 6.32
SRE 810.62 413 -0.25 -13.33 14.74 1.52 5.86 0.08 5.24 10.86
KRE 715.87 330 1.22 -29.85 82.09 1.54 0 0.33 1.73 3.25
SUMOU 699.56 51.8 -1.71 0 24.29 0 0 0 0 0
VIEW 659.59 75 0 0 132.32 0 0 0 0 0
ALRAJHIREIT 617.71 8.49 0.59 0 16.19 0 0 0.16 0 0
ALANDALUS 613.87 24.66 -1.76 0 -185.01 1.74 0 0.99 10.22 12.88
JADWAREITSAUDI 510.97 10.08 -0.99 0 11.26 0 0 0.31 0 0
UPP 502.07 0.43 -0.24 0 2.16 0 0 1.14 0 0
REDSEA 488.28 60.3 -0.34 0 119.34 4.12 0 1.02 0.37 0.57
TAM 462.38 360 0 -21.35 25.33 0.96 3.82 0.05 1.54 5.28
LADUN 442.39 3.32 3.75 0 15.18 0 0 0 0 0
BONYANREIT 417.58 9.59 -0.42 0 14.13 0 0 0.33 0 0
SEDCOCAPITALREIT 415.5 8.25 -0.97 0 21.21 0 0 0.33 0 0
URC 378.93 147 -3.29 -40.38 -138.23 0.51 8.39 0.17 0.7 2.18
AMCREIT 365.84 1.12 0 0 10.5 0 0 0 0 0
RIYADREIT 290.1 6.32 0.31 0 -149.18 0 0 0 0 0
DSI 276.59 0.35 0.28 0 0.28 0 0 1.49 0 0
ESHRAQ 270.45 0.35 2.94 -32.11 -1.31 0.44 0 0.7 -26.82 -27.33
ALAHLIREIT1 266.03 7.24 0 0 30.04 0 0 0.28 0 0
MANAZEL 240.62 0.33 0 0 0 0 0 0 0 0
ALINMAHOSPITALITYREI 222.9 8.22 0.48 0 17.12 0 0 0 0 0
NRE 221.89 79.7 0.25 16.35 15.87 0.3 0 0.39 3.19 7.88
ALKHABEERREIT 221.72 5.97 0.16 0 12.7 0 0 0 0 0
ALRAMZ 197.59 1.38 -0.72 0 26.61 0 0 -0.1 0 0
AREEC 184.63 302 0.66 -13.95 21.69 0.39 3.47 0.09 1.87 2.09
KBT 176.42 121 2.54 -9.09 20 0.77 10 0.33 5.08 5.61
DERAYAHREIT 176.2 5.98 0.16 0 12.12 0 0 0.18 0 0
MRDS 166.92 0.58 -0.86 -48.78 23.05 0.07 0 0.96 0.99 2.57
INOVEST 156.1 0.52 0 5.45 0 0 0 0.22 0 0
MAZAYA 154.56 72.8 0.13 -10.66 -550.16 0.4 6.69 0.3 4.42 9.5
ALMAATHERREIT 154.23 9.35 -0.11 0 14.09 0 0 0.35 0 0
SEEF 151.82 0.11 1.88 -7.14 9.19 0.36 5.83 0.26 3.57 3.96
ALINMARETAILREIT 151.26 4.78 0.2 0 -8.08 0 0 0 0 0
MULKIAREIT 148.5 5.3 -0.19 0 42.38 0 0 0.2 0 0
TALEEMREIT 141.35 10.36 0.38 0 14.89 0 0 0.51 0 0
INOVEST.KW 138.12 98.3 -0.21 -41.82 0 0 0 0.27 0 0
MUNSHAAT 136.29 141 -0.71 38.98 11.48 0.58 0 0.43 -4.43 -9.15
ALISTITHMARREIT 133.18 8.24 0 0 0 0 0 0 0 0
INJAZZAT 113.23 103 2.89 2.22 12.13 0.58 6.43 0.13 3.58 6.26
JADWAREITALHARAMAIN 112.22 6.22 0 0 15.97 0 0 0 0 0
AAYANRE 110.46 98 0.4 -23.37 -23.39 0.43 10.49 0.26 2.33 3.66
MUSHARAKAREIT 105.3 4.46 0 0 -16.79 0 0 0.3 0 0
ERESCO 91.8 80.7 -0.5 -28.89 -3.65 0.49 0 0.24 -9.1 -14.64
MENA 90.81 153 2.68 -62.35 -35.12 3.41 0 0.38 -2.38 -3.06
ARKAN 86.52 111 0 -3.61 8.28 0.73 10.11 0.1 6.41 10.54
MEFICREIT 79.09 4.01 -0.5 0 25.6 0 0 1.27 0 0
TIJARA 78.91 68 -0.59 -6.51 23.24 0.65 5.27 0.19 0.82 1.39
SANAM 77.62 219 1.86 -43.86 -26.81 2.62 0 0.22 -1.99 -2.01
ARABREC 71.59 69.4 0.43 -27.85 -7 0.51 0 0.46 -3.97 -11.07
ARGAN 67.02 112 -1.76 -20 4.52 0.23 6.23 0.09 3.39 6.35
SICOSAUDIREIT 61.48 4.07 0 0 -2.17 0 0 0 0 0
MANAZELHOLD 57.9 38.2 1.86 -46.18 -21.47 0.89 0 0.56 1.95 7.46
MARAKEZ 50.53 57.8 0.17 -36.47 1,040.3 0.61 0 0.22 0.06 0.08
ALJAZIRAREIT 49.87 15.38 0.13 0 20 0 0 0.75 0 0
THURAYA 49.03 101 -0.99 0 -74.71 1.01 0 0 -10.43 -17.77
AQAR 45.04 74.9 3.73 -6.88 8.06 0.51 7.89 0.03 6.19 6.89
SAHS 42.34 2.8 0 0 9.49 0 0 -0.07 0 0
ARAM 37.58 1.62 0 0 21.77 0 0 0 0 0
DALQAN 22.98 228 3.63 0 8,484.85 1.11 0 0 2.49 2.53
ALAQARIA 21.54 35.7 7.85 -43.86 92.6 0.48 0 0.33 0.24 0.7
SIHC 16.8 0.07 0 0 24 0 0 1.79 0 0
FLE 0 0 0 0 0 0 0 0 -4.14 -5.59
AJWAN 0 0 0 0 0 0 0 0 -0.47 -0.51
EFFECT 0 0 0 0 0 0 0 0 -5.7 -5.9
CPARK 0 0.11 0 -6.9 0 0 3.63 -0.07 5.09 5.66
EBRIT 0 0.06 0 0 0 0 0 0 0 0
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