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Al-Aqaria started its operations 1980 as a real estate company with property Management & Maintenance, Project Management and Cleaning & Security divisions. In April 2004, the company's capital wan increased to KD 30 millions and due to its ambitious expansion and growth plans, Al-Aqaria was able to list on the Kuwait Stock Exchange on April 2005.
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| Al-Aqaria changed to a Holding Company form May 2006, having spun off its existing divisions into a project Management Company (Real Estate), a Maintenance Services Company and Construction Company. Currently Al-Aqaria is in the process of establishing an Investment Company, Energy Company (setting up a refinery), Transportation Company, Education Company and finally a Healthcare Company. |
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| Country |
Kuwait |
| Listing |
Kuwait Stock Exchange |
| Company Type |
Kuwait Shareholding Company |
| Sector |
Real Estate |
| Date of Establishment |
January 1980 |
| Share Capital |
KD 30,000,000 |
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Al-Aqaria major shareholders are as follows:
| Kuwait Investment Company (KIC) |
Corporate |
Kuwait |
16.42% |
| National Industries Group Holding |
Corporate |
Kuwait |
15.53% |
| First Al-Emtiyaz Holding Company |
Corporate |
Kuwaait |
13.32% |
| Al-Emtiyaz Investments Company |
Corporate |
Kuwait |
8.66% |
| Ebtsam Ali mohammad Al-Basam |
Private |
Kuwait |
5.97% |
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The company principle activities include the following:
- Ownership of shares in Kuwaiti and non-Kuwaitis shareholding companies and shares in Kuwaitis and non- Kuwaiti limited liability companies and participating in the establishment of lending of and management of these companies.
- Employing excess funds available with the company by investing them in investment portfolios / funds managed by specialized companies.
- Investing in Associate and Subsidiary Companies.
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