Al-Tijaria Co. posts KD 29 mln in net-profit from vacant lands

21/06/2011 00:00 AST

The Commercial and Real-Estate Company (Al-Tijaria) announced Tuesday that it posted a net profit of KD 29 million by selling vacant lands in Mahbolah area for an estimated KD 34.3 million.

Chairman of the Board and Managing Director of the Company Abdulfatah Ma'rafi said that the company had studied the effects of the profit on the company's performance for the current fiscal year, noting that it would reflect positively on the company and shareholders.

The company is eager to boost its profits in line with its current policy that aimed at achieving mutual benefit for clients and the company, said the official, hoping that the policy would benefit Kuwait's ambitious plan to turn the country into a regional and international hub for business.

Al-Tijaria was established in 1968 with a capital of KD 183.8 million. The company was listed in Kuwait Stock Exchange (KSE) in 2004.


KUNA

News

Al-Tijaria, CSCEC sign strategic MOU with to collaborate on govt-tendered projects

03/06/2025

The Commercial Real Estate Company (Al-Tijaria), one of Kuwait's leading real estate companies, has signed a Memorandum of Understanding (MOU) with China State Construction Engineering Corporation Lt

Kuwait Times

Commercial Real Estate sells property in Saudi at KD 23.5 million

05/03/2012

The Commercial Real Estate Company announced on Sunday selling a number of floors in a real estate project in Mecca to an investor in Kuwait at the value of 23.5 million Kuwaiti dinars.

The

KUNA

Most Viewed Companies

Ticker Price Volume

Valuation

ALTIJARIA Sector Market
P/E
Price/BookValue
Dividend Yield (%)

Momentum

Relative Strength
  • 1-Month
  • 3-Month
  • 1-Year
Volume Change
  • 10D Avg Vs 90D Avg
Price Vs…
  • 52-w high
  • 50-day moving avg.
  • 200-Day Moving Avg

Top Related Companies

Ticker Price Change
EMAAR 11.90 0.00 (0.00%)
ALDAR 8.36 -0.28 (-3.25%)
EMAARDEV 14.34 0.04 (0.27%)
ERES 0.87 -0.01 (-1.14%)
TECOM 3.35 0.03 (0.90%)

Recent News

Gulf Bank issues its 2025 Sustainability Report

10/04/2026

Gulf Bank has issued its sixth annual Sustainability Report for the year 2025, titled "Converting to a Sustainable Path," highlighting the Bank's ESG progress and performance. The report reflects the

Kuwait Times

Saudia to Partially Resume Flights To, From Dubai, Abu Dhabi, and Amman on Saturday

10/04/2026

Saudia announced on Thursday the partial resumption of its operations to and from Dubai, Abu Dhabi, and Amman starting Saturday, April 11.

In a post on its official account on the social med

Asharq Al Awsat

Zain Bahrain names Ammar Al Ketbi as new CEO

09/04/2026

Zain Bahrain, a leading provider of telecom services, innovative technologies and digital lifestyle experience in the kingdom, has appointed Ammar Al Ketbi as its new Chief Executive Officer.

Trade Arabia

Al Mal Capital appoints Sanjay Vig as Chief Executive Officer

09/04/2026

Al Mal Capital , a UAE based investment management and financial advisory firm, licensed by the Capital Markets Authority (CMA) has appointed Sanjay Vig as the Chief Executive Officer.

Vig

Trade Arabia

Abu Dhabi Maritime Academy inks deal with Congolese mining firm

09/04/2026

Abu Dhabi Maritime Academy (ADMA), the region's leading academic institution for maritime training, and an integral part of AD Ports Group, has signed a research, development, and operational deploym

Trade Arabia

logo

Financial Information Co.

Saudi Arabia

GCC Markets

Mutual Funds

News

Investment Tools

Sector News

Screeners

Indices & Commodities

Downloads

Copyright ©2001 - 2025, Financial Information Co. All Rights Reserved.

Terms of Services | Privacy Policy | Advertise with us | Contact Us | Sitemap