United Real Estate Company (URC) stands as a prominent player in Kuwait and the MENA region’s real estate landscape, boasting consolidated assets of approximately KD651 million ($2.12 billion).
In its most recent financial results, URC reported a net profit of KD2.05 million during the review period, a slight increase from the previous year. This performance can largely be attributed to a rise in operating revenues within the hospitality sector. The firm also successfully reduced its debt by KD9 million during the first quarter of 2024.
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