Ajwan Gulf Real Estate

Mubasher: The net loss of Ajwan Gulf Real Estate plunged by 92.2% in the fiscal year (FY) 2019 to reach KWD 292,495 from KWD 3.73 million in 2018. The recorded annual net loss was helped by a rise in operating expenses resulting from higher …

Mubasher: Boursa Kuwait has resumed trading the stock of Ajwan Gulf Real Estate as of Sunday, 29 March 2020. The decision comes after the Kuwaiti firm had paid the annual subscription fees for 2020, according to an official statement. It is …

Mubasher: Ajwan Gulf Real Estate has announced a new board of directors during its meeting on Thursday, 23 January 2020, with Youssef Hamad Boodai chairing the board. Moreover, Bader Mansour Al Jumaa was named as the deputy chairman, while Mansour …

Mubasher: Ajwan Gulf Real Estate reported a 27.6% year-on-year decrease in losses for the second quarter of 2019. Losses amounted to KWD 111,110 ($367,230) during the three-month period ended 30 June 2019, versus KWD 153,360 ($506,870) for Q2-18, …

Mubasher: Boursa Kuwait announced that the period scheduled for listed companies to disclose their interim financial statements has ended. Following this announcement, trading on five stocks of companies listed on the stock exchange will be …

Mubasher: Ajwan Gulf Real Estate Co. reported a 41% year-on-year rise in losses during the first quarter of 2019. The firm’s losses amounted to KWD 50,440 ($166,200) in Q1-19, compared to KWD 35,790 ($117,900) in Q1-18, according to a statement to …

Mubasher: Ajwan Gulf Real Estate has suffered KWD 3.45 million ($11.36 million) in losses during the fourth quarter of 2018. The company, listed on Bursa Kuwait, has deepened its losses by 9430.4% in Q4-18 from KWD 36,200 ($119,150) in Q4-17. In …

Mubasher: Trading on the stocks of Commercial Facilities, Ream Real Estate Co, Al Mudon International Real Estate (Al Mudon), Mushrif Trading and Contracting, and Ajwan Gulf Real Estate has been suspended until announcing their earnings statements …

Mubasher: Kuwaiti European Holding Group on Monday announced that it acquired  29.046% of the indirect shares of Ajwan Gulf Real Estate, at the trading’s close on Sunday, 29 October. After the acquisition, Kuwaiti European became the biggest …

Mubasher: Ajwan Gulf Real Estate announced that the period set for the rights issue to raise its capital has ended on Sunday, according to a bourse statement issued on Sunday. Ajwan clarified that it will present a statement over this rights issue …

Mubasher: The board of Ajwan Gulf Real Estate approved acquiring two companies for a total of KWD 1.2 million. The real estate firm will acquire International Expertise Catering Co and a 70% stake in Emaar Food Group Co., according to a bourse …

Mubasher: Ajwan Gulf Real Estate on Wednesday announced that the Kuwaiti Capital Market Authority (CMA) has approved its request to extend the rights issue period for raising capital until 15 October 2017. The CMA had agreed on 31 July to extend …

Kuwait - Mubasher: Ajwan Gulf Real Estate reported a decline in losses by 7% year-on-year for the second quarter of the year. The company said in a statement to Boursa Kuwait on Tuesday that losses amounted to KWD 23,090 ($76,260) in Q2-17 …

Mubasher: Ajwan Gulf Real Estate said that the rights issue for raising its capital will be from 23 April to 7 May, according to a bourse statement issued on Tuesday. The company clarified that the rights issue regarding the surplus of …

Mubasher: The Capital Markets Authority (CMA) of Kuwait approved the prospectus of Ajwan Gulf Real Estate’s rights issue. Ajwan will increase the capital by KWD 13.66 million to KWD 21 million from KWD 7.34 million, according to a bourse statement …

Mubasher: Ajwan Gulf Real Estate will hold its extraordinary general meeting on Monday to consider raising the capital by KWD 13.7 million. The company will discuss increasing the capital by 186.2% to KWD 21 million from KWD 7.34 million through …

Kuwait – Mubasher: Ajwan Gulf Real Estate will hold its extraordinary general meeting on Sunday, 15 January, to consider raising its capital by KWD 13.7 million, according to a bourse statement issued on Wednesday. The company will discuss …

Kuwait – Mubasher: Ajwan Gulf Real Estate said that the Capital Markets Authority (CMA) in Kuwait has approved the capital increase requested by the company. Ajwan requested to raise the capital by 186.17% or KWD 13.7 million to KWD 21 million …

Kuwait – Mubasher: The board of Ajwan Gulf Real Estate has recommended raising the capital to KWD 21 million from KWD 7.34 million, according to a bourse statement. The approval for the capital increase is subject to the extraordinary general …

Kuwait-Mubasher: Ajwan Gulf Real Estate will hold its ordinary and extraordinary general meetings (OGM and EGM) on 23 June, 2016 to consider decreasing the capital as well as electing new board members. The EGM will discuss shrinking the capital …

Kuwait-Mubasher: The Kuwaiti Capital Markets Authority (CMA) agreed to decrease Ajwan Gulf Real Estate’s capital by 26.6% or KWD 2.66 million to KWD 7.34 million from KWD 10 million, according to a statement issued on Wednesday. The capital …

Kuwait-Mubasher: Ajwan Gulf Real Estate reported a plunge of 71% in earnings to about KWD 44,300 ($146,600) in the first nine months of 2015 as compared to nearly KWD 151,800 ($502,300) in the same period of 2014. The board held a meeting on …

Ajwan Gulf Real Estate said that its ordinary general meeting (OGM) agreed on Tuesday to withhold dividends for the fiscal year 2014, according to a bourse statement on Tuesday. The OGM elected new board members for the coming three years. The …

Investors in Kuwait Stock Exchange (KSE) are awaiting three major events on Tuesday, as Ajwan Gulf Real Estate shareholders will consider the board’s recommendation of freezing dividends for the fiscal year 2014. Al-Nawadi Holding is starting to …

By: Mahmoud GamalKuwait-Mubasher: Shareholders of some Kuwait-listed companies changed their equities on Monday, as Overland Real Estate Company lowered its stake in Housing Finance Company (Iskan) by 5.9% from 11.2% to 5.31%.American Real Estate …