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Friday, 09 January 2009 | 16:11 UAE time

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  • 0.21 Last
  • -0.01 (-4.46%) Today's Change
  • 2.92m Volume
  • 0.22-0.70 52 Week Range
  • -0.22 (-50.22%) 52 Week Change
As of 7 Jan 2009 08:49 GMT (Market Closed)

COMPANY DESCRIPTION

Al Khaleej Development Company (Tameer) is an investment, advisory and property development group, operating in accordance with the principles of Islamic Sharia. Tameer's core business activities comprise real estate investment, project management, property management, and related advisory services.

Since its inception in June 2002, Tameer has developed from a USD 16 million closed shareholding company to a USD 108.2 million publicly-listed company, with assets and projects under management exceeding USD 3 billion.

Following an Initial Public Offering in 2005, Tameer was listed on the Bahrain Stock Exchange, and subsequently cross-listed on the Kuwait Stock Exchange. It was the first specialised Sharia-compliant real estate company to be incorporated in the Kingdom of Bahrain. It is also the first and only real estate company to be listed on the Bahrain Stock Exchange.

KEY INFORMATION

Industry

Landlord and Developers

Address

Floor 10, Seef Tower, 18334, Manama, Bahrain

T

973 17588788

F

973 17587667

E

info@tameer.com

W

www.tameer.com

COMPANY OVERVIEW

Ownership Type Established on Employees
Public Joint stock 18 Jun 2002 -

MAJOR SHAREHOLDERS

NameCountry
Al Aman Investment Company Kuwait
Al Nafisi Group Kuwait
Dubai Islamic Bank UAE
Gulf Investment House Kuwait

PORTFOLIO

NameCountry
Al Luzi Housing Development Bahrain
Bahrain Investment Wharf Bahrain
BIW Business Park Development Company Bahrain
Coldwell Banker Bahrain
Gulf Real Estate Company Saudi Arabia
Mada'in Properties UAE
Paramount Port Management & Services Company Bahrain
Reef Real Estate Finance Company Bahrain
Tala Property Development Bahrain

OFFICERS

BOARD OF DIRECTORSPosition
Samir Yaqoob Al Nafisi Chairman
Ahmed Rashid Al Qattan Vice Chairman
Adel Yaqoob Al Nafisi Board Member
Ayman Ahmed Kamal Board Member
Fareed Soud Al Fozan Board Member
Jamal Abdul Rahman Al Rowaih Board Member
Faisal Abdulla Al Khuzam Board Member
Saleh Turkey Al Khamis Board Member
Talal Khalid Al Nisif Board Member
MANAGEMENTPosition
Ahmed Rashid Al Qattan Managing Director
Khaled Abdullah Chief Executive Officer
Mohammed Abdullah Issa Executive Director - Financial Affairs
Majed Abdullah Al Khan Executive Director - Investments
Laith Al Memar Executive Director - Property Development Services
Mohammed Abdulkhaliq Executive Director - Business Development & Administrative Affairs
Information correct at the time of publishing. If you are a representative of this company and want to update the details, please email updated information to financials@itp.com providing your name, designation and contact details. All markets data located on ArabianBusiness.com is subject to the ArabianBusiness.com Terms & Conditions. Content should be used for general information use only. Charts and statics display delayed intraday data. Share price information may be rounded up/down and therefore may not be entirely accurate Selected data supplied by Reuters Limited. Click for Restrictions.