Aqar Real Estate Investments (AQAR)

Mubasher: Aqar Real Estate Investments Company has obtained Murabaha credit facilities from Boubyan Bank for one year that could be extended. The loan will be rescheduled during three to six months, according to a bourse disclosure on Wednesday. …

Mubasher: Aqar Real Estate Investments Company received KWD 2.2 million worth of credit facilities from a local bank to finance the company's operating activities. The loan is granted at an interest rate of 1.5% above the discount rate announced …

 Mubasher: The shareholders of Aqar Real Estate Investments Company approved, during their ordinary general meeting (OGM), the board’s recommendation of paying KWD 1.06 million cash dividends or five fils per share for fiscal year 2019, …

Mubasher: The profit of Aqar Real Estate Investments Company jumped by 108.8% in 2019 to KWD 2.54 million ($8.35 million) when compared to KWD 1.21 million ($3.98 million) in the previous year. Earnings per share (EPS) rose to 11.98 fils last year …

Mubasher: Aqar Real Estate Investments Company has announced the establishment of a fully-owned subsidiary under the name of Middle East Real Estate. The new company’s capital amounts to KWD 10,000, according to a bourse statement released on …

Mubasher: The interim financial statements of Aqar Real Estate Investments Company revealed a 136.1% year-on-year increase in profits during the third quarter of 2019. Year-on-year, the profits amounted to nearly KWD 783,030 ($2.58 million) in …

Mubasher: Aqar Real Estate Investments has concluded a facilities agreement worth AED 50 million or KWD 4.1 million ($13.5 million) with a bank outside Kuwait. The company will use the said facilities in funding its projects and supporting …

Mubasher: Aqar Real Estate Investments registered around KWD 530,000 profits after selling an industrial plot in Kuwait. The company has concluded a sale and waiver deal worth KWD 2.2 million of the usufructuary right of an industrial land plot, …

Mubasher: Aqar Real Estate Investments on Monday announced it has signed a KWD 2.2 million preliminary agreement to sell and waiver the usufruct right of an industrial property. The financial impact of the transaction will be reflected on the …

Mubasher: Aqar Real Estate Investments’ profits have shrunk by 31.6% year-on-year in the second quarter of 2019, according to the company’s filing to Boursa Kuwait on Sunday. Aqar Real Estate has registered profits worth about KWD 308,087 ($1.02 …

Mubasher: Boursa Kuwait announced that a deal worth KWD 375,214 has been concluded on the stock of Aqar Real Estate Investments. The deal was executed on 5.36 million shares at a value of 70 fils each, Aqar disclosed to Boursa Kuwait on Tuesday. …

Mubasher: Boursa Kuwait announced that a number of transactions totalling KWD 3.73 million were executed on the stock of Aqar Real Estate Investments. One of the transactions was executed on 10.793 million shares at a value of 75 fils per share or …

Mubasher: Aqar Real Estate Investments achieved an increase of 24% in profits during the first quarter of 2019 when compared to the corresponding period last year. Earnings grew to about KWD 317,100 ($1.05 million) in Q1-19 from nearly KWD 255,760 …

Mubasher: Kuwait-based Aqar Real Estate Investments on Tuesday announced signing the contract of a KWD 2.45 million ($8.09 million) facility with a domestic bank. Aqar Real Estate stated that the loan will be allocated for financing its operating …

Aqar Real Estate Investments reported a 31.1% year-on-year drop in its profits for the fiscal year ended 31 December 2018

Mubasher: Aqar Real Estate Investments reported a 31.1% year-on-year drop in its profits for the fiscal year ended 31 December 2018 and recommended distributing cash dividends of five fils per share. The Kuwait-based firm’s profits amounted to KWD …

Mubasher: Aqar Real Estate Investments announced it has entered a new investment valued at $5 million ($1.53 million) in New Jersey, the US. The Boursa Kuwait-listed company has entered this new business in collaboration with a consortium of …

Mubasher: Aqar Real Estate Investments posted a decrease of 3.8% in profits during the third quarter of 2018 compared to the corresponding period a year ago. Earnings shrank to about KWD 331,900 ($1.09 million) in Q3-18 from around KWD 345,100 …

Mubasher: Aqar Real Estate Investments on Monday reported a 23.4% year-on-year decline in its profits for the first quarter of 2018, compared to the year-ago period. Aqar Real Estate’s profits tumbled to KWD 255,760 ($849,880) during the …

Mubasher: The ordinary general meeting of Aqar Real Estate Investments approved the board’s recommendation to distribute 6% of capital as a cash dividend for fiscal year 2017. The Boursa Kuwait-listed company will pay 6 fils per share as …

Mubasher: Aqar Real Estate Investments reported a decline of 14.7% in profits during the fourth quarter of 2017 compared to the same period last year. Earnings decreased to KWD 732,000 ($2.45 million) in Q4-17 from KWD 858,000 ($2.87 million) in …

By: Mohamad Farouk Mubasher: Aqar Real Estate Investments is likely to post higher profits by 12.4% in the fiscal year 2017 compared to the previous year, capital market analyst Ahmad Jassim Al Qamr told Mubasher. The earnings are forecast to …

Mubasher: Aqar Real Estate Investments has signed a contract to sell its 35% stake in an associate. The exit deal is worth KWD 3.09 million, Aqar said in a bourse filing on Wednesday. Following this deal, a profit of nearly KWD 581,070 will be …

Mubasher: Aqar Real Estate Investments reported a drop of 6.42% in profits during the third quarter of 2017 compared to the same period in the previous years. Earnings decreased to about KWD 345,140 ($1.14 million) in Q3-17 from approximately KWD …

Kuwait – Mubasher: Aqar Real Estate Investments on Wednesday announced a 27% year-on-year rise in profits in the second quarter of 2017, bolstered by the increase of rent revenues, according to a bourse statement. The Kuwaiti-listed company …