AREC โ€“ Ajial Real Estate Entertainment Co KSCP

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1 = STRONG BUY | 2 = BUY | 3 = HOLD | 4 = UNDERPERFORM | 5 = SELL

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Company Profile

Ajial Real Estate Entertainment Co KSCP is a Kuwait-based public shareholding company that operates in the real estate sector. The Company is engaged in real estate contracting and entertainment activities, as well as related real estate trading activities, including renting, purchase and sale of land and property. It has two subsidiaries, namely Al-Hamra Real Estate Company KSC (Closed) and Al-Hamra Cinema Company KSC (Closed). Its projects include Ajial Mall, Al Hamra and Al Andalus. Ajial Mall is a commercial and entertainment center, built on 6000 square meters plot, providing retail and office space and houses food and beverage offerings, cinema theaters and childrenโ€™s entertainment center. Al Andalus is a development that includes a shopping mall, a cinema complex, office space, a hotel/serviced apartments, restaurants and entertainment facilities with parking space.

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