Al-Zamel International Real Estate Company

Al-Zamel International Real Estate Co. K.S.C.C. was established by Mr. Musallam Mohammed Al-Zamel and partners in the State of Kuwait on November 5, 1981, with an initial paid-up capital of KD 250,000. In line with its strategic growth and expansion objectives, the Company’s capital was subsequently increased to KD 500,000 on May 29, 2004.

The Company’s headquarters are strategically located in the heart of Kuwait City, adjacent to the main headquarters of Kuwait Finance House – Souq Al-Maseel, reflecting its strong presence within the country’s prime commercial district.Owing to the consistent growth of its real estate portfolio and the continuous improvement in its business operations, the Board of Directors resolved to transform the entity into a Kuwaiti Shareholding Closed Company on March 25, 2005.

Following this transition, the Company’s legal name was amended to Al-Zamel International Real Estate Co. K.S.C.C., with an authorized and paid-up capital of KD 3,000,000 (Three Million Kuwaiti Dinars). In line with its long-term strategic vision and commitment to expansion, the Company’s capital was further increased to KD 15,000,000 (Fifteen Million Kuwaiti Dinars), reinforcing its financial strength and capacity to undertake large-scale real estate developments and investments.

Company Activities

1.   Acquisition, Sale, and Development of Real Estate Assets: Engaged in the ownership, purchase, and sale of real estate properties and lands for the purpose of development within and outside the State of Kuwait, as well as in foreign markets.


2.   Investment in Real Estate Securities: Acquisition and management of shares and real estate stocks on behalf of the company, both locally and internationally.


3.   Real Estate Advisory Services: Preparation and presentation of professional real estate consultations and feasibility studies.


4.   Hospitality and Wellness Management: Ownership, operation, and management of rehabilitation centers, health resorts, and hotels, including leasing and rental services.


5.   Property Maintenance: Comprehensive maintenance and upkeep of all real estate properties owned or managed by the company.


6.   Facility Management and Operations: Management, operation, investment, rental, and leasing of hotels, clubs, motels, guest houses, parks, showrooms, exhibitions, restaurants, cafeterias, housing complexes, resorts, spas, entertainment venues, sports facilities, and retail outlets — along with all related support services.


7.   Event and Auction Management: Organization and management of private real estate exhibitions and expos for company investments, as well as handling real estate auctions.


8.  Commercial and Residential Development: Ownership, development, and management of shopping malls, residential complexes, and mixed-use developments.


9.   Strategic Financial Investments: Investment of surplus company funds in strategic business ventures in collaboration with specialized firms.


10.   Infrastructure and BOT Projects: Direct participation and investment in major infrastructure developments, including new cities, housing, commercial, and industrial BOT (Build-Operate-Transfer) projects.


11.   Portfolio Management: Professional management of client investment portfolios across real estate and related sectors.

Our Vision

To be a pioneering real estate company renowned for innovation, integrity, and excellence — earning the trust and confidence of clients across local and regional markets.

 

Our Mission

To professionally manage and maintain real estate properties and projects while providing exceptional services that deliver innovative solutions and sustainable opportunities for all stakeholders. We aspire to strengthen our position as a leading integrated real estate developer across the Middle East region, supported by a diverse and dynamic investment portfolio.

 

Main Goals Of The Company

The primary objective of the Company is to achieve optimal returns for its shareholders while ensuring sustainable long-term growth. To realize this goal, the Company employs diversified income strategies and continuously restructures its real estate portfolio to enhance profitability both geographically and operationally. In addition, the Company strategically invests in vacant lands to capitalize on future development opportunities and maintain a competitive edge in market performance.