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عربي

Gulf Holding Company

  
Also known as: GHC
 
 
 
 
 
 
 
 
 
 
Updated: Sep 27, 2011
 
 
 
Country

Kuwait

Ownership Type
Company Type
Joint Stock
 
 
 
Zawya Industry Classifications (ZIC)
Sector Industry

Real Estate

 
Principal Activities
Shariah compliant real estate property investment, development and management.
 
Date of Establishment Year
2005 (November)
 
No of Employees
N/A (N/A Company, N/A Group, 40 Headquarters) (As of Sep 27, 2011)
 
Branches
Bahrain    
 
 
Contact Details
Address:
Al Khaleej Tower
6th Floor
Abu Baker Al Sideeq Street
Al Qibla Area, Al Dasmah
P.O. Box 11666
Kuwait City  53157
Al Assimah
Kuwait
 
Tel:
+965 2224-3993
 
Fax:
+965 2224-3994
 
Email:
info@gfholding.com
 
Website:
www.gfholding.com
 
Related Links:
www.alareenresort.com
www.villamarharbour.com
www.villaroyalemorocco.com

 
 
 Sukuk Details
Sukuk Name:
Villamar Sukuk
Type of Structure:
Musharaka
Issue Size (mil):
USD  190.00
 
 
 Major Shareholders   
Name   Type  Country  Holding 
Gulf Finance House  Corporate Bahrain 7.85% 
Bayan Investment Company  Corporate Kuwait 5.59% 
Global Banking Corporation  Corporate Bahrain 5.00% 
National Real Estate Company  Corporate Kuwait 4.29% 
AZH International  Corporate Kuwait 3.57% 
Commercial Bank of Kuwait  Corporate Kuwait 2.86% 
Two Seas Investment Company  Corporate Bahrain 2.50% 
International Islamic Charitable Organization  Corporate Kuwait 2.14% 
Al Ahli Bank of Kuwait  Corporate Kuwait 1.43% 
Bayan Holding Company  Corporate Kuwait 1.43% 
Gulf Bank  Corporate Kuwait 1.43% 
Kuwait Real Estate Holding Company  Corporate Kuwait 1.00% 
Kuwaiti Investment Company  Corporate Kuwait 1.00% 
KFICME Private Equity Fund  Corporate Kuwait 0.70% 
 
 
 Direct Investments and Related Entities 
Subsidiaries/Associates/Affiliates
Name  Country  Holding 
Al Areen Downtown Real Estate Development Company Bahrain 100.00%
Residential South Real Estate Development Company Bahrain 100.00%
Gulf Management and Services [GMS] Bahrain 35.00%
Investments
Name  Country  Holding 
Daheyat Al Areen Real Estate Development Company Bahrain 19.00%
Developments and Projects
Name  Country  Holding 
Down Town Al Areen [via Al Areen Downtown Real Estate Development Company] Bahrain 100.00%
Villamar at the Harbour [in Bahrain Financial Harbour] Bahrain 100.00%
Daheyat Al Areen [via Daheyat Al Areen Real Estate Development Company] Bahrain 19.00%
Villa Royale Morocco -
 
 
 Financial Results  31-Dec-08  31-Dec-09   Yr on Yr 
  KWD'000 KWD'000 change (%)
Net profit 5,780 4,115 (28.81)
Total assets 185,000 194,730 5.26
Paid-up capital 77,000 77,000 0.00
Shareholders' Equity 96,100 102,577 6.74