September 25, 2017 8:17 AM ET

Real Estate Management and Development

Company Overview of First Bahrain Real Estate Development Company K.S.C. (Closed)

Company Overview

First Bahrain Real Estate Development Company K.S.C. (Closed) trades in, develops, and manages real-estate properties in the State of Kuwait and internationally. It operates in two segments, Real Estate Activities and Non-Real Estate Activities. The company also owns, buys, and sells stocks and bonds of real estate companies; and manages, operates, and leases hotels, clubs, residential buildings, touristic facilities, and health care resorts. In addition, it is involved in maintaining properties, including mechanical, electro-mechanical, and air conditioning activities, as well as organizing real estate exhibitions for company’s real estate projects. Further, it provides real estate advisory...

City Tower

2nd Floor

Khaled Ibn Al-Waleed Street

Sharq,  

Kuwait

Founded in 2004

15 Employees

Phone:

965 2 241 4902

Fax:

965 2 241 4903

Key Executives for First Bahrain Real Estate Development Company K.S.C. (Closed)

Chief Executive Officer
CFO and Head of Operations & Finance
Chief Development Officer
Compensation as of Fiscal Year 2017.

First Bahrain Real Estate Development Company K.S.C. (Closed) Key Developments

First Bahrain Real Estate Development Reports Earnings Results for the Year 2016

First Bahrain Real Estate Development reported earnings results for the year 2016. The company has recorded revenue of USD 2.7 million amid 2016, showing annual increase of 148% over the USD 1.1 million posted in the year prior. Additionally, it also had operating income from only 28% of its holdings, being the Majaal industrial facilities, while it grew its revenue like that 49% of the investment property.

First Bahrain Real Estate Development Company K.S.C. (Closed), Annual General Meeting, May 14, 2017

First Bahrain Real Estate Development Company K.S.C. (Closed), Annual General Meeting, May 14, 2017, at 07:00 Coordinated Universal Time. Location: The Public Authority for Industry Kuwait

First Bahrain Real Estate Development Company Announces Earnings Results for the Year Ended December 31, 2015

First Bahrain Real Estate Development Company announced earnings results for the year ended December 31, 2015. For the year, the company reported net profit of USD 1.1 million, representing 56% growth over the prior year. Annual net rental income by over 40%.

Similar Private Companies By Industry

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Al Dar National Real Estate Co. (K.P.S.C.) Middle East/Africa
Al Mal Qatari Holding Company Middle East/Africa
Al Tatweer Capital Real Estate Co. K.S.C.C. Middle East/Africa

Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
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