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2.4 | AL MAZAYA SUBSIDIARIES & ASSOCIATES








                         Al Mazaya Real Estate Development Co. K.S.C.C.
                         Gulf Turkey for General Trading W.L.L.
                         First Dubai Real Estate Development Company K.S.C.
                         Future International Project Management W.L.L.
        KUWAIT           Waterfront Real Estate Company K.S.C.C.
                         Mezzan Combined For General Trading W.L.L.
                         United Circle General Contracting and Building Company O.P.C
                         Al Yammar Kuwaiti Agriculture Co. O.P.C.
                         AL Mazaya Prime Project Management O.P.C.
                         Med Cell Medical Co. K.S.C.C.
                         Al Mazaya Lebanon S.A.L. (Holding)
        LEBANON          Al Mazaya Lamartin S.A.L.


        KSA              Kuwaiti Saudi Real Estate Investment Limited Co. O.P.C.
                         Al Mazaya Grand Real Estate Co. O.P.C.
        TURKEY           Mazaya Real Estate Turkey GAYRIMENKUL YATIRIMLARI ANONIM SIRKETI
                         MAZAYA Ritim INSAAT ANONIM SIRKETI
        OMAN             Mazaya Real Estate Development W.L.L.

        BAHRAIN          Bilsaan Real Estate O.P.C


                         Mazaya Al Ghad  L.L.C.
                         Al Mazaya Real Estate FZ L.L.C
                         AL Madar Gulf Limited
                         Al Wahda Real Estate Investments Limited
                         Advantage General Trading O.P.C.
                         Al Rayhan Real Estate Limited
                                                                            KUWAIT
                         Al Dana Real Estate Limited
         UAE -           Al Mazaya Emirates Development (DMCC branch)       KSA
                         Al Mazaya Emirates Development OPC LLC             UAE
         DUBAI
                         Mazaya Administration Office DMCC
                                                                             BAHRAIN
                         Flaw less properties limited company
                                                                             OMAN
                         Varitety Plus properties limited company
                         Concerto investments limited company                LEBANON
                         CT& J  properties limited company
                                                                             TURKEY
                         AlTelal Alkhadraa Real Estate  Co.  L.L.C
                         AlMurooj Alkhadraa Real Estate  Co.  L.L.C
                         Feature Point Real Estate Development Co.   L.L.C
                         View Point Real Estate Development Co.   L.L.C
                         Tayeedowner association management services
                         Ertibat Facilities Management Services
















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