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Al-Massaleh Real Estate Company K.S.C. P (Kuwait)

Main Activities: Other Financial Investment Activities | Lessors of Real Estate
Full name: Al-Massaleh Real Estate Company K.S.C. P Profile Updated: May 15, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English Download a sample report

Al-Massaleh Real Estate Company K.S.C.P is a real estate company located in Kuwait City. It was founded in 1989 by Musaad Al Saleh & Sons and has been listed on the Kuwait Stock Exchange since 1997. The company operates as a real estate owner, operator, and developer with an independent board to manage the interests of its shareholders. The company's main activities include residential and commercial property development, facilities management, hospitality and leisure, project management, urban cleaning, and waste management. It has a diverse portfolio of landmark properties across the Middle East and the Mediterranean basin, including the Massaleh Towers in Kuwait and the Saifi Crown luxury residential tower in Beirut.

Headquarters
Sharq, Ahmad Al-Jaber Street, Universal Tower, P.O.Box 719
Kuwait City; Al-Asimah / Capital Governorate; Postal Code: 13008

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Website: http://www.almassaleh.com

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
1989
Key Executives
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Chairperson
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Director / Member of the Management Board
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Director / Member of the Management Board
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Director / Member of the Management Board
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Director / Member of the Management Board
Ownership Details
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21.08%
Subsidiaries
Al-Massaleh Gulf Limited And Subsidiaries (United Arab Emirates)
100%
Beyout Al-Massaleh Real Estate Companywll
100%
Massaleh Lebanon S.A.L. (Closed) (Lebanon)
100%
Company Performance
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Key Financial Highlights
Annual growth percentages for latest two years in local currency KWD. Absolute financial data is included in the purchased report.
Net interest income
-25.83%
Operating profit (EBIT)
N/A
Net Profit (Loss) for the Period
-817.87%
Total assets
-13.97%
Total equity
25.95%
Total Assets Trend
-7.48%
Net Interest Income Trend
-8.01%

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