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ALARGAN International Real Estate Company   (ARGAN.KSE)
Also known as: Alargan, Alargan Group
Sector | Industry
Conglomerates | Multi-line
 
Country of Origin
Kuwait
Last Trade
0.242 KWD
+ 2.54%
 
 
 
 
 
 
 
 
 
 
 
 
Company Updated: Dec 27, 2007
 
Joint Stock
 
 
Real estate investment, development and property management; trade in construction materials and equipment; real estate consultancy services; exhibition organizers; general contracting and maintenance works; establishing and managing investment funds.
1994
550 (60 Company, 550 Group)
Saudi Arabia
Bahrain
UAE
 
Oman
Lebanon
Egypt
 
Dubai
 
 
 
 
ARGAN 
Ordinary 
KWD 
 
 Key Officers
Khaled Khudair Al Mashaan
Chairman and Managing Director
Mohammed Ahmed Al Saqqaf
Vice Chairman and Chief Executive Officer
 
 Contact Details
Address:
Plot 125
Shuwaikh Street
P.O. Box 8904
Al Salmiyah 22060
Kuwait
 
+965 2482-0430
+965 2482-0440
 
+965 2482-0470
+965 2482-3298
 
info@alargan.com
alargan@alargan.com
 
www.alargan.com

 
  Latest Headline
Kuwait Alargan Sees Profit Growth In '08, '09 - Report - Zawya Dow Jones Newswires
 
  Business Overview
ALARGAN International Real Estate Company (ALARGAN) is a Kuwaiti real estate developer that started out with a focus on suburban and multi unit residential projects. Some of ALARGAN's projects in Kuwait include the Al Bida Residential Project, Jabriya Residential Complex, Sheikha Complex and Fintass Residential Complex.

ALARGAN has expanded across the region through a series of projects in Kuwait, Lebanon, Oman and Bahrain with a total investment of USD655 million (as of 2006) with an initial focus targeting middle class individuals. ALARGAN has since expanded its portfolio into both the commercial and residential projects.

With USD992 million of total assets under management as of April 2006, ALARGAN underwent an IPO on the Kuwaiti Stock ExchangeKuwaiti Stock ExchangeLoading... in July 2007.
 
 
 Major Shareholders
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 Available to subscribers only. Information in this section includes Shareholder Names and their corresponding Holding Percentages. » More Details
 
  Organization Structure and Related Entities
Subsidiaries/Associates/Affiliates
 
Name  Country  Holding
ALARGAN Investment Real Estate Company Egypt 100.00%
ALARGAN Landscaping Company Kuwait 100.00%
ALARGAN National Contracting Company [via ALARGAN National General Trading and Contracting Company] Bahrain 100.00%
ALARGAN National General Trading and Contracting Company Kuwait 100.00%
ALARGAN for Heavy Equipment Company [via ALARGAN National General Trading and Contracting Company] Kuwait 100.00%
ALARGAN for Resorts and Hotels Company Kuwait 100.00%
ALARGAN for Swimming Pool Company [via ALARGAN National General Trading and Contracting Company] Kuwait 100.00%
Abyar Plus Trading Company Saudi Arabia 100.00%
Al Jood Holding Company Bahrain 100.00%
Coast Hotel Company [via ALARGAN for Resorts and Hotels Company] Kuwait 100.00%
Delmon Residence Bahrain 100.00%
High Rise Building Company Lebanon 100.00%
Health Plus Trading Company Kuwait 55.00%
ALARGAN Bahrain Company Bahrain 50.00%
ALARGAN TOWELL Investment Company Oman 50.00%
ALARGAN Homes Company Saudi Arabia 48.35%
ALARGAN Arabian Project Management Group Kuwait 25.00%
ALARGAN Gulf Real Estate Company Kuwait 25.00%
Turkish Gulf Holding Company Turkey -
Investments
 
Name  Country  Holding
Real Estate Finance Facilities Company Kuwait 10.29%
Saji Real Estate Company Kuwait 10.00%
Developments and Projects
 
Name  Country  Holding
Abha Residential Complex Kuwait 100.00%
Al Bida Residential Project Kuwait 100.00%
Al Fouzan Building Kuwait 100.00%
Al Mahboula Kuwait 100.00%
Baldani Neighborhood Kuwait 100.00%
Sheikha Complex Kuwait 100.00%
Slaysel 1 Kuwait 100.00%
Slaysel 3 Kuwait 100.00%
ALARGAN Vista Bahrain -
Al Hail Villas Oman -
Al Khoudh Homes Oman -
Al Mouwansiah Saudi Arabia -
Al Rihab Saudi Arabia -
Al Sohoul Saudi Arabia -
Barka Resort Oman -
Barka Township Oman -
C-Club Kuwait -
Dammam Homes Saudi Arabia -
Hadiya Villas Kuwait -
Kuwait Free Trade Zone Business Park Kuwait -
Marooj Sohar Oman -
Movenpick Resort and Residence - Al Bidaa Kuwait -
Qurm Gardens Oman -
Qurm Rock Oman -
Qurtoba Saudi Arabia -
Rimal Hotel and Resort Kuwait -
Saar Gate Bahrain -
Salalah Farm Oman -
The Oberoi Resort [in Al Khiran] Oman -
 
 
  Representatives
Auditors
Al Bazie and Company - RSM International
Al Waha Auditing Office
Banks
National Bank of Kuwait
Al Ahli Bank of Kuwait
Commercial Bank of Kuwait
Kuwait Finance House
Law Firms
Hamed Al Moulah
Libra Law Firm
 
 
 Summary Financials
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 Available to subscribers only. Information in this section includes key financials data such as Total Revenues, Net Profits, Totals Assets, Shareholder Equity, etc. » More Details
 
Company information provided by © 2009 ABQ Zawya Ltd.