Al-Mazaya Holding Co. SAKC
0.86
AED
0.00
(0.00%)
ISIN
KW0EQ0401764
Return %
Stock
S&P 500
1Y
-5.45
14.20
3Y
-36.82
81.12
5Y
-35.00
68.34
Capital Structure
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in mil. unless spec.Working Capital
KWD
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in mil. unless spec.Growth Rates
KWD
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in mil. unless spec.Quarterly Revenue
KWD
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in mil. unless spec.Quarterly Earnings Per Share
KWD
•
in mil. unless spec.Quarterly Dividends Per Share
KWD
•
in mil. unless spec.Company Description
- CEO
- Ibrahim Abdullrahman Al-Soqabi
- Full Time Employees
- 94
- Sector
- Finance
- Industry
- Real estate development
- Address
- Mazaya Tower 01 Kuwait City KU Kuwait 13036
- IPO Date
- Nov 7, 1998
- Website
- mazayaholding.com
- Similar Companies
- Business
- Al-Mazaya Holding Company - K.S.C. (Public) is a Kuwait-based real estate development and investment company operating primarily in Kuwait and the broader Middle East, including the United Arab Emirates, Saudi Arabia, Oman, Bahrain, and Turkey. The company develops a comprehensive range of real estate products and services including deluxe villas and high-class residential buildings; commercial properties comprising office and retail buildings; and health projects such as medical centers and hospitality developments. It is also engaged in land purchasing, ownership, and sale, alongside large-scale land development. Additionally, Al-Mazaya provides extensive property-related services including marketing and sales management, project management, property and portfolio management, brokerage, and real estate research services. The company manages and operates various assets including hotels, health clubs, recreational parks, gardens, exhibition grounds, restaurants, residential and commercial complexes, as well as tourist and health resorts. Founded in 1998 with headquarters in Kuwait City, Al-Mazaya operates through subsidiaries and joint-stock companies especially in Turkey, where it holds majority stakes in key projects such as Ritim Istanbul. Recent major corporate developments include the acquisition of First Dubai Real Estate Development Company, which increased its paid-up capital by approximately 4 million Kuwaiti dinars. The company also recently boosted its stake in a Turkish real estate company to 90% from 40%. Al-Mazaya continues expanding its footprint with new projects such as medical centers in Kuwait aligned with high international healthcare standards and luxury residential towers in Dubai near the Dubai International Financial Center. Furthermore, the company is pursuing potential strategic mergers, including a preliminary deal with Waterfront Real Estate to study a merger. Strategic partnerships also extend into allied sectors such as fuel infrastructure, highlighting diversification and regional growth ambitions. Al-Mazaya emphasizes strategic alliances and partnerships to enhance competitive advantage and operational scope across its markets. Its diversified portfolio targets high-end residential, commercial, medical, and hospitality segments, servicing a mix of private investors, corporate clients, and institutional customers in the Gulf Cooperation Council region and neighboring markets. The company integrates investment, development, asset management, and operational services to maintain robust growth and deliver multi-sector real estate solutions. This comprehensive real estate conglomerate commands a solid regional presence supported by sustained capital investment, strategic acquisitions, and expansion into synergistic service sectors, embodying a diversified platform for long-term growth in the Middle East’s real estate market.