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Rasiyat Holding Co. (K.P.S.C) (شركة راسيات القابضة (ش.م.ك.ع)‏) (Kuwait)

Main Activities: Offices of Other Holding Companies
Full name: Rasiyat Holding Co. (K.P.S.C) Profile Updated: December 12, 2025
Buy our report for this company USD 29.95 Most recent financial data: 2024 Available in: English Download a sample report

Rasiyat Holding Co. (K.P.S.C), formerly Gulf North Africa Holding Company (GNAHC), is a Kuwaiti closed shareholding company headquartered in Al-Qibla in Kuwait. It was established in 2005 and listed on the Boursa Kuwait Securities Company since 2010. The company invests in real estate projects in the MENA region, including Libya, Morocco, Syria, Saudi Arabia, Turkey. It also owns shares of leading institutions in the GCC countries and foreign countries. GNAHC owns industrial trademarks, royalties or any other related rights and franchises them to other companies.

Headquarters
Sharq - Block 5 - Ahmad Aljaber St - Prime Tower - 9Th Floor, P.O.Box 1426
Kuwait City; Al-Asimah / Capital Governorate; Postal Code: 13015

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Website: http://www.rasiyat.com

Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
January 16, 2026
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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Chief Executive Officer
Ownership Details
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36.06%
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7.92%
Subsidiaries
Al-Janzour Real Estate Company Wll
100%
Morocco North Africa Holding Co. Ltd. (Morocco)
100%
Sarl Alawras Al Khalijia Promotion Lmmo (Algeria)
100%
Company Performance
Financial values in the chart are available after Rasiyat Holding Co. (K.P.S.C) (شركة راسيات القابضة (ش.م.ك.ع)‏) report is purchased.
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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 sales revenue
35.45%
Total operating revenue
39.51%
Operating profit (EBIT)
467.71%
EBITDA
70.7%
Net Profit (Loss) for the Period
-0.93%
Total Assets
3.17%
Total Equity
5.3%
Operating Profit Margin (ROS)
7.76%
Net Profit Margin
-0.73%
Return on Equity (ROE)
-0.03%
Debt/Equity
-7.51%
Quick Ratio
0.02%
Cash Ratio
-0.28%

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