Taameer Real Estate Investment (TAAMEER) News - Mubasher Info
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Taameer Real Estate Investment (TAAMEER)

Last update: 27 December 2023 00:39 PM market time.
13.60
-0.10
-0.73%
Open 14.00
Previous Close 13.70
High 14.20
Low 13.40
Stock Statistics
Volume 1,191,111
Turnover 16,505.71
All data are 15 minutes late during market session

News

The losses amounted to KWD 1.96 million in Q4-19
31 March 2020 07:30 AM Taameer Real Estate’s loss down 20% in 2019
Mubasher: The losses of Taameer Real Estate Investment decreased by 19.9% annually during the fiscal year (FY) 2019 to reach KWD 1.08 million (around $3.48 million) when compared to KWD 1.35 million (about $4.34 million). In the fourth quarter …
The profits slid to around KWD 239,940 in Q3- 19
17 October 2019 07:41 AM Taameer Real Estate posts 61% lower profits in Q3-19
Mubasher: The financial statements of Taameer Real Estate Investment showed a 61.4% year-on-year decline in profits during the third quarter of 2019.  Year-on-year, the profits slid to around KWD 239,940 ($791,730) in Q3-19 when compared to nearly …
Taameer's board proposed to optionally delist from the bourse in April
3 October 2019 09:39 AM CMA rejects Taameer’s request to delist from Boursa Kuwait
Mubasher: The Board of Commissioners of Kuwait’s Capital Markets Authority (CMA) disapproved the request of Taameer Real Estate Investment to optionally withdraw from Boursa Kuwait. The delisting decision was rejected as it will affect the …
In the first half of 2019, the company has logged profits of KWD 633,660
23 July 2019 08:15 AM Kuwait’s Taameer turns to profits in Q2
Mubasher: Taameer Real Estate Investment reported it has turned to profitability during the second quarter of the fiscal year 2019 as compared to the same quarter last year. Profits stood at KWD 90,160 ($297,020) in the three-month period ended 30 …
Real Estate in Kuwait
23 June 2019 10:34 AM Taameer Real Estate reappoints chairman
Mubasher: Taameer Real Estate Investment announced that it has re-elected the board of directors to be chaired by Ziad Ahmad Al Duaij. The deputy chairman will be Abdullah Al Mutawa instead of Gerard Oliver, the company said in a bourse filing to …
The company’s profit reached KWD 543,500
30 May 2019 03:34 PM Taameer turns to profits in Q1
Mubasher: Taameer Real Estate Investment turned to profit during the first quarter of the fiscal year 2019. The company’s profit reached KWD 543,500 ($1.79 million), according to a bourse statement released on Thursday. Taameer’s positive …
Taameer’s losses increased by 136% to KWD 1.36 million in 2018
24 April 2019 07:26 AM Taameer’s board proposes delisting from Boursa Kuwait
Mubasher: Taameer Real Estate Investment’s board of directors proposed the voluntary delisting of the company from Boursa Kuwait during a meeting held on Tuesday. The board attributed the decision to thin trades on the stock as well as the share’s …
9 December 2018 01:33 PM Taameer Real estate sees 35m shrs private deal on Sunday
Private transactions do not affect the price of the last transaction on the stock
9 December 2018 01:01 PM Taameer Real estate sees 35m shrs private deal on Sunday
Mubasher: Boursa Kuwait announced that Taameer Real Estate Investment witnessed a private transaction during the trading session on Sunday at a total value of KWD 1.19 million. Securities Group has sold a total of 35 million shares to the buyer …
Sell orders on Taameer reached 2.27 million shares
3 December 2018 10:43 AM Taameer Real Estate hits 2-month high on Monday
Mubasher: The stock of Taameer Real Estate Investment increased by 3.6% on Monday to reach its highest level in two months. The stock gained a fils when compared to the closing of November to reach 28.8 fils. About 6.17 million shares were …
The impact of buying this asset will be a long-term investment
20 September 2018 10:05 AM Taameer inks contract to buy KWD 5m asset
Mubasher: Taameer Real Estate Investment announced it has sealed a deal to purchase a property in Sharq Area in Kuwait for KWD 5 million ($16.6 million), according to a bourse disclosure on Thursday. Purchasing this asset will be executed as …
Taameer registered total selling offers of 4.1 million shares
19 September 2018 08:23 AM Taameer records most active trades on Wednesday since listing
Mubasher: The stock of Taameer Real Estate Investment recorded the most active trading volume on Wednesday since the company was listed on Boursa Kuwait. By 9:52 am Kuwait time, Taameer registered a volume of 64.21 million shares representing 77% …
Net losses amounted to KWD 1.31 million in Q2-18
15 August 2018 08:30 AM Taameer losses deepen in Q2-18
Mubasher: Taameer Real Estate Investment (Taameer) on Wednesday posted a 438.3% year-on-year hike in its losses for the second quarter of 2018. Net losses amounted to KWD 1.31 million ($4.33 million) in Q2-18, compared to KWD 243,340 ($803,470) in …
Taameer noted that the loss will be reflected in second quarter 2018 financial results.
17 May 2018 09:50 AM Taameer incurs KWD 1m loss from Morocco exit
Mubasher: Taameer Real Estate Investment (Taameer) on Thursday announced that the company’s losses reached KWD 1.05 million ($3.5 million) after divesting of Morocco-based subsidiaries Ram Three Real Estate and Boulevard Hotel. The Kuwait-based …
The two units will be sold to Bin Otaiba Investment Group
29 April 2018 01:51 PM Taameer Real Estate exits 2 units in Morocco at $16m
Mubasher: Taameer Real Estate Investment has announced signing an agreement to sell its entire stakes in Morocco-based subsidiaries Ram Three Real Estate and Boulevard Hotel Co at a combined value of MAD 150 million ($16.2 million). The two units …
The losses increased to nearly KWD 203,770 ($674,810) in Q3-17
14 November 2017 09:42 AM Taameer Real Estate losses deepen in Q3
Mubasher: Taameer Real Estate Investment incurred higher losses by 378.8% in the third quarter of 2017 compared to the same period a year ago. The losses increased to nearly KWD 203,770 ($674,810) in Q3-17 compared to around KWD 42,560 ($140,940) …
Photo Credit: Arabianeye-Reuters
11 May 2017 01:06 PM Taameer Real Estate turns profitable in Q1
Kuwait – Mubasher: Taameer Real Estate Investment achieved a net profit of nearly KWD 242,770 ($795,700) in the first quarter of 2017, against a loss of around KWD 506,470 ($1.66 million) in the same period a year ago. The company’s net operating …
(Photo Credit: Company website)
30 March 2017 08:24 AM Taameer Q4 losses widen 33%
Kuwait – Mubasher: Taameer Real Estate Investment Company’s (Taameer) losses increased 32.7% in the fourth quarter of 2016 compared to the same period in 2015. Taameer’s losses stood at KWD 572,060 ($1.88 million) during Q4-16, compared to KWD …
losses declined by 52% in nine months (Photo Credit: Arabianeye-Reuters)
16 November 2016 08:34 AM Taameer Q3 losses shrink 85% YoY
Kuwait – Mubasher: Taameer Real Estate Investment’s losses decreased by 85% during the third quarter of 2016 as compared to the same period a year ago. Losses amounted to nearly KWD 42,553 ($139,700) in Q3-16 from approximately KWD 277,192 …
Photo Credit: Arabianeye-Reuters
11 August 2016 07:44 AM Taamer turns profitable in Q2-16
Kuwait - Mubasher: Taameer Real Estate Investment Company recorded a net profit of KWD 101.09 ($333,460) in the second quarter of 2016, against a net loss of KWD 909,20 ($3.01 million) in the same period last year. During the first half this year, …
Taameer Real Estate Investment suffered losses of nearly KWD 506,500 (Photo Credit: Arabianeye-Reuters)
16 May 2016 10:01 AM Taameer Real Estate suffers losses in Q1
Kuwait-Mubasher: Taameer Real Estate Investment suffered losses of nearly KWD 506,500 ($1.68 million) in the first quarter of 2016, against profits worth nearly KWD 257,700 ($854,400) in the same period of 2015. Taameer stock fell by 4.35% to 22 …
Photo Credit: Arabianeye - Reuters
15 November 2015 09:56 AM TAMEER 9M loss deepens by 42%
Kuwait – Mubasher: Tameer Real Estate Investment Co. (TAMEER) posted KWD 928,800 ($3.05 million) net loss for the first nine months of 2015, a rise of 42% year-on-year from KWD 654,000 ($2.15 million) in the year-ago period. The company ascribed …
Photo Credit: Arabianeye-Reuters
11 August 2015 07:25 AM Taameer H1 losses jump 38% on FV
Kuwait-Mubasher: Taameer Real Estate Investment reported a 38.4% rise in losses to KWD 651,620 ($2.15 million) during the first half of 2015, compared to KWD 470,750 ($1.55 million) during the same period of 2014. The rise in H1 losses is mainly …
Photo archive
24 May 2015 11:25 AM Taameer shareholders OK dividend freeze
Taameer Real Estate Investment shareholders gave a nod to withholding dividend payout for 2014, according to a bourse statement.The Kuwiat-based company said it postponed the extraordinary general meeting due to lack of quorum.The company's annual …
Photo Credit: Arabianeye-Reuters
2 April 2015 06:54 AM KCPC seals $9.6m deal with Taameer Real Estate
Kuwait Company for Process Plant Construction and Contracting (KCPC) has bought all the shares owned by Taameer Real Estate Investment Company in the capital of Lebanon’s Tameer Holding.The agreement is worth KWD 2.9 million ($9.6 million). There …