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Tuesday, 24 November 2009 | 09:13 UAE time

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The Commercial Real Estate Company

  • 118.00 Last
  • -4.00 (-3.28%) Today's Change
  • 900,000 Volume
  • 76.64-150.00 52 Week Range
  • -5.36 (-4.35%) 52 Week Change
As of 23 Nov 2009 09:17 GMT (Market Closed)

COMPANY DESCRIPTION

Commercial Real Estate Company, also known as Altijaria, is a Sharia compliant real estate investment, development and management company. With activities in the residential and commercial property sectors, Altijaria operates primarily in Kuwait and has been expanding across the Middle East.

Established in 1968 and listed on the Kuwait Stock Exchange, it has also expanded into the tourism sector by acquiring the Kuwait Resorts Company in 2002, which manages the Hilton Kuwait Resort, and owns the Rester Beach Resort.

KEY INFORMATION

Industry

Investment Funds, Landlord and Developers

Address

CRC Building, Jaber Al Mubarak Street, 4119, Kuwait City, Kuwait

T

965 2414999

F

965 2426848

E

info@altijaria.com

W

www.altijaria.com

COMPANY OVERVIEW

Ownership Type Established on Employees
Public Joint stock 4 February 1968 -

MAJOR SHAREHOLDERS

NameCountry
Kuwait Real Estate CompanycompaniesKuwait
Kuwait International Investment CompanycompaniesKuwait
Wedyan Real Estate CompanycompaniesKuwait

PORTFOLIO

NameCountry
Afkar Holding CompanyKuwait
Al Areen Real Estate CompanyKuwait
Al Maqam Tower Real Estate CompanyKuwait
Al Mozon Investment Holding CompanyMorocco
Al Safat Takaful Insurance CompanyKuwait
Shefaa Kuwaiti Medical Care CompanyKuwait
Amar Finance and Leasing CompanyKuwait
Amlaak Real Estate Services and Consulting CompanyKuwait
Arabic Concrete CompanyKuwait
Commercial Venture Real Estate CompanyBahrain
Dar Al Madina Real Estate CompanySaudi Arabia
Engineering Systems GroupKuwait
First Investment BankBahrain
Hajar Real Estate CompanySaudi Arabia
Industrial and Financial Investments CompanyKuwait
Kuwait Commercial Markets Complex Company - KuwaitKuwait
Kuwait Resorts CompanyKuwait
Kuwaiti Jordanian Holding CompanyKuwait
Mutajara Real Estate CompanyKuwait
Que Parks and Commercial Markets CompanyUAE
Ryada Capital Investment CompanyKuwait
Venture Capital BankBahrain
Rester Beach ResortKuwait
Al Motagarh Real EstateKuwait
Durrat Commercial CompanyBahrain
Mozon Holding CompanyKuwait
Kuwait Central LaundriesKuwait
Al Tijaria Venture Real EstateKuwait
Shorouq TowerKuwait
Al Masaa Real Estate Investment CompanyKuwait
Tawasol Holding CompanyKuwait
Sorouh Investment CompanyKuwait
International Integrated Education Services CompanyKuwait
Adari Park Development CompanyKuwait

OFFICERS

BOARD OF DIRECTORSPosition
Abdulfatah Mohammad Rafie MarafieChairman
Adwan M. Al AdwaniVice Chairman
Ibrahim Mohammed Al GhanimBoard Member
Mohamad Jasim Al WazzanBoard Member
Jamal Abdulhameed Al MutawaBoard Member
Fahad Y. Al SabahBoard Member
Abdulaziz M. Al HassawiBoard Member
Hussain A. JowharBoard Secretary
MANAGEMENTPosition
Abdulfatah Mohammad Rafie MarafieManaging Director
Abdulaziz Ibrahim Al MoussaChief Executive Officer
Saleh A. Al AryanChief Administration and Legal Affairs Officer
Walid Khalid Al JeeryChief Technical and Real Estate Officer

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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.