United Real Estate emerges top investor for major Kuwait waterfront project

03/03/2026 04:37 AST

The Kuwait Authority For Partnership Projects (KAPP) has announced that leading project developer United Real Estate Company (URC) has emerged as the winning investor in the third phase of its upcoming project - a waterfront property in the Sharq Area of the capital Kuwait City.

A major player in the region, URC is the real estate arm of Kuwait Projects Company - Holding (Kipco Group), a holding company that focuses on investments in the Middle East and North Africa.

The go-ahead to URC for the project came from The Higher Committee for Public-Private Partnership Projects, thus paving the way for the signing of a partnership agreement with the Ministry of Finance.

The project is being launched in co-operation with the ministry as part of its efforts to strengthen public-private partnerships (PPP).


Trade Arabia

News

United Real Estate launches residences tower

18/03/2018

United Real Estate Company (URC), one of Kuwait's leading real estate development companies, has announced the launch of Hessah Towers in the upcoming exclusive Hessah Al Mubarak District.

Trade Arabia

URC holds its AGM for fiscal year 2016

19/04/2017

United Real Estate Company (URC), one of the leading real estate developers in the Middle East and North Africa (MENA), has announced the holding of its General Assembly Meeting for the fiscal year e

Arab Times

URC posts 8.3% rise in net profit for 2015 - Company holds its AGM

13/04/2016

United Real Estate Company (URC), Kuwait's leading development and property services company, today announced an 8.3% increase in net profit of KD 8 million for the 2015 year at its Annual General As

Arab Times

Most Viewed Companies

Ticker Price Volume

Valuation

URC Sector Market
P/E
Price/BookValue
Dividend Yield (%)

Momentum

Relative Strength
  • 1-Month
  • 3-Month
  • 1-Year
Volume Change
  • 10D Avg Vs 90D Avg
Price Vs…
  • 52-w high
  • 50-day moving avg.
  • 200-Day Moving Avg

Top Related Companies

Ticker Price Change
EMAAR 12.88 -0.06 (-0.47%)
ALDAR 8.61 -0.02 (-0.24%)
EMAARDEV 14.68 -0.02 (-0.14%)
ERES 0.81 -0.01 (-1.22%)
TECOM 3.39 -0.11 (-3.15%)

Recent News

ADNOC L&S profit triples to Dh7.6 billion as global shipping rates surge

13/11/2026

Higher global shipping rates have helped ADNOC Logistics and Services (ADNOC L&S) more than triple its profit in the first nine months of 2026, even as regional disruptions weighed on parts of its of

Gulfnews

Orient Insurance shareholders approve 100% capital increase to Dh1 billion to support growth

13/11/2026

Shareholders of Orient Insurance, a subsidiary of Al-Futtaim Group, have approved a 100 per cent increase in the company's share capital to Dh1 billion from Dh500 million as the insurer looks to stre

Khaleej Times

Dewa net profit jumps 11.7% to record Dh7.63 billion as Dubai's electricity and water demand grows

13/11/2026

Dubai Electricity and Water Authority reported an 11.7 per cent year-on-year increase in profit after tax to a record Dh7.63 billion during the first nine months of 2026, supported by growing demand

Khaleej Times

Emaar delivering projects 'ahead of time'; no slowdown in construction, says Alabbar

13/11/2026

Emaar Properties has not slowed down on its developments despite increase in construction costs, its CEO said, adding that it is delivering ahead of time.

Mohamed Alabbar, the founder of Ema

Khaleej Times

Air Arabia revenue climbs 10% as airline expands network and fleet

13/11/2026

ir Arabia delivered a third consecutive profitable quarter in 2026, reporting revenue growth, continued network expansion and sustained passenger demand despite a challenging operating environment.

Khaleej Times