Aayan Real Estate Co KSCP (AAYANRE)

Mubasher: Aayan Real Estate Company, a subsidiary of Aayan Leasing and Investment, has concluded an in-kind exit from one of the real estate portfolios investing in Egypt.   The transaction was concluded in return for the obtainment of nearly two …

Mubasher: The financial statements of Aayan Real Estate Company, a subsidiary of Aayan Leasing and Investment, showed an annual decrease in profits by 64% over 2019 to KWD 2.11 million (approx. $6.96 million), from KWD 5.93 million (approx. $19.5 …

Mubasher: Aayan Real Estate Company, a subsidiary of Boursa Kuwait-listed Aayan Leasing and Investment, has purchased an investment property, located in Mahboula district in Kuwait, at a total value of KWD 1.12 million. The company referred that …

Kuwait – Mubasher: Aayan Real Estate Company has reported a 17.8% increase in profits in the third quarter (Q3) of the year to KWD 378,000 ($1.25 million), compared with KWD 321,000 ($1.06 million) a year earlier. The company also achieved KWD …

Mubasher: Tawazun Holding, a fully owned subsidiary of Aayan Leasing and Investment, has concluded primary property selling contracts for three buildings. The deal is valued at KWD 2.620 million, Aayan Leasing said in a bourse statement on …

Mubasher: The financial statements of Aayan Real Estate Co. revealed an 84.3% year-on-year increase in profits during the second quarter of 2019. The profits of the period hit around KWD 979,000 ($3.23 million) from nearly KWD 531,240 ($1.75 …

Mubasher: Aayan Real Estate has signed an agreement with a Kuwaiti bank to increase the company’s credit limit to KWD 13 million ($42.72 million). Under the agreement, the limit of the credit granted by the bank to Aayan will be increased to KWD …

Mubasher: Aayan Real Estate has sold a Kuwait-based investment property at a value of KWD 1.08 million ($3.56 million). The company will generate a profit of KWD 190,500 profit from the sale, which will be listed in its statements for the second …

Mubasher: Aayan Real Estate turned a profit during the first quarter of 2019, against incurring losses in the year-ago period. The firm’s profits hit KWD 404,400 ($1.3 million) in Q1-19, against a loss of KWD 44,900 ($148,100) during Q1-18, …

Mubasher: Aayan Real Estate’s shareholders approved the board’s proposal for distributing KWD 2.04 million at 5 fils per share as cash dividends for the full fiscal year 2018 in a meeting held on Thursday. Distributions, which represent 5% of the …

Mubasher: Aayan Leasing and Investment said that its subsidiary has sold a property valued at KWD 1.65 million ($5.44 million). The 57.78%-owned subsidiary is the Boursa Kuwait-listed Aayan Real Estate, according to a bourse disclosure on …

Mubasher: Aayan Real Estate achieved profits valued at KWD 5.13 million ($16.92 million) in the fourth quarter of 2018 against a loss of KWD 9.28 million ($30.61 million) in the same period a year ago. During fiscal year 2018, the real estate …

Mubasher: Aayan Real Estate achieved an increase of 157% in profits during the third quarter of 2018 compared to the same period a year ago. Earnings grew to about KWD 320,700 ($1.1 million) in Q3-18 from nearly KWD 124,800 ($411,500) in Q3-17, …

Mubasher: Aayan Real Estate has completed the procedures of purchasing a land plot in East Al Ahmadi city. The asset is valued at KWD 2.4 million ($7.9 million), according to a bourse statement on Wednesday. The financial impact of this deal will …

Mubasher: Aayan Real Estate on Monday said it achieved a year-on-year profit growth of 48.6% during the second quarter of 2018. Earnings increased to about KWD 531,200 ($1.76 million) in Q2-18 from nearly KWD 357,600 ($1.18 million) in the same …

Mubasher: Aayan Real Estate has incurred losses of KWD 2.91 million ($9.72 million) during the fourth quarter of 2017 against a profit worth KWD 1.73 million ($5.78 million) in the same period a year ago. During fiscal year 2017, the real estate …

Mubasher: Aayan Leasing and Investment announced that the Saudi General Authority of Zakat and Tax (GAZT) has canceled SAR 9.8 million ($2.6 million) of the authority’s claim as part of the zakat and taxes imposed on Hajar Tower. Aayan Leasing has …

Mubasher: Aayan Real Estate announced that its 99%-owned subsidiary Hajar for public trading purchased a commercial residential building in the Emirate of Sharjah, the UAE. The company has bought the asset for AED 26.78 million or KWD 2.22 million …

Mubasher: Aayan Leasing and Investment announced a loss of KWD 668,000 ($2.21 million) from its investment in Egypt’s third real estate portfolio, according to a bourse statement issued on Tuesday. The realised loss was registered following the …

Mubasher: Aayan Real Estate has received a report from the director of Egypt’s third real estate portfolio referring to a decline of 60%. The report also added that procedures for liquidating the real estate portfolio in Egypt have begun, …

Mubasher: Aayan Real Estate on Monday said that its profits slid 79.9% in the third quarter of 2017, compared to the year-ago period. Profits amounted to KWD 124,510 ($412,080) in Q3-17, compared to KWD 620,740 in Q3-16, according to a statement …

Mubasher: Aayan Real Estate has purchased an investment property in Salmiya City in Kuwait for a total value of KWD 1.01 million ($3.35 million), according to a bourse statement issued on Sunday. The purchase transaction was executed in a public …

Kuwait – Mubasher: Aayan Real Estate on Thursday announced its profits surged 84.9% year-on-year in the second quarter of 2017. Profits amounted to KWD 357,600 ($1.18 million) in Q2-17, compared to KWD 193,410 ($638,360) in Q2-16, according to a …

Kuwait – Mubasher: Aayan Real Estate on Tuesday announced a 164.7% boost in its profits for the first quarter of 2017, compared to the first quarter in 2016. Profits reached KWD 536,890 ($1.76 million) in Q1-17, compared to KWD 202,850 ($ 664,730) …

Kuwait - Mubasher: The ordinary general meeting (OGM) of Aayan Real Estate approved distributing 6.5% of capital as cash dividends for fiscal year 2016. The company will pay 6.5 fils per share to the entitled shareholders as FY16 dividends, …