Industry: Real Estate Rental, Development & Operations | Kuwait
Al-Arabiya Real Estate Co KSCP is not compliant with Shariah. The company’s financials fail all the five standards we check against.
|Market cap: 67 M||Rev. Growth: 98.76%|
|Debt/36 mo MC||589.92%||✗|
|Cash/36 mo MC||6.17%||✓|
|AR/36 mo MC||%|
|Debt/24 mo MC||556.66%||✗|
|Cash/24 mo MC||5.82%||✓|
|AR/24 mo MC||%|
1 = STRONG BUY | 2 = BUY | 3 = HOLD | 4 = UNDERPERFORM | 5 = SELL
Total Analysts: 0
Al-Arabiya Real Estate Co KSCP is a Kuwait-based public shareholding company that operates in the real estate sector. The Company is engaged in real estate operations and investments within Kuwait, the Gulf Cooperation Council (GCC) markets, and the Middle East and North Africa (MENA) region. The Company operates in three business segments: the Real Estate segment is engaged in the real estate activities and real estate investment; the Hotel segment focuses on setting up, managing and owning hotels, and the Investment segment includes the investment in shares of other companies’ capital. The Company’s local projects include Al Dajeej Complex, Danah Tower, Sadeeka Tower, Dalya Tower and Salmiya Buildings – No 15 & 16. In May 2014, the Company sold its subsidiary in the United Arab Emirates.
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