Mazaya Qualifications

Introduction The company was established in 1998 and started operations as Al Mazaya Holding Company in 2004 with a paid up capital of KD 15 million which has increased to reach KD 68.9 million. From its inception, Mazaya has adopted a balanced expansion strategy that allowed for mitigating risk, while maximizing investment return and witnessing strong growth. By maintaining diversified business allocations within the real estate development industry and geographical distribution of investments in the region, the company has been able to maintain steady growth in its net profits as a result of such a strategy. Mazaya investments have also focused on building alliances and strategic partnerships that allow for developing the company’s competitive edge especially in as competing for top tier business opportunities is concerned. Al Mazaya Holding Co. (K.S.C.) Holding is a Kuwaiti shareholding company working in the field of real estate development. The company has a capital of KD 68.8 - approximately $243,036,000 million. Mazaya is considered as one of the most distinguished real estate development companies to position itself in the Middle East market with numerous impressive projects. Mazaya came about through a high investment idea and prevailed in creating and maintaining trust of big investors in the Kuwaiti market and abroad Mazaya is a publically traded company dually listed on both the Kuwait and Dubai Stock Markets. Mazaya provides various comprehensive real estate products and services in several fields. Amongst them are housing projects such as deluxe villas and high class residential buildings and commercial projects such as office and retail buildings. Mazaya also handles the purchasing and apportionment as well as the development of large spaces in selected areas. Mazaya is engaged in several other real estate fields like purchasing, ownership, and selling of lands and their development for the account of the company inside and outside of Kuwait. Furthermore, Mazaya handles the management of third party’s properties and management/ operation and investment, lease, and rent of hotels, health clubs, recreational parks, gardens, exhibition grounds, restaurants, residential & commercial complexes, and tourist & health resorts. 5 | AL MAZAYA KUWAIT Al-Mazaya Company Profile |Al Mazaya Kuwait