EVENTS
EVENTS
Al Mutajara Real Estate Co. K.S.C.C. held its Ordinary and Extraordinary General Assembly Meeting on Wednesday, 15 April 2026 (a subsidiary 79.2% owned by Commercial Real Estate Company), with a shareholder attendance quorum of 97.85%, during which a number of important resolutions related to the company’s performance and future plans were approved.
The company recorded a net profit of KWD 6,546,487 for the fiscal year ended 31 December 2025, representing a growth of 49.5% compared to 2024, alongside notable improvements across various financial indicators, including return on shareholders’ equity, total assets, and capital, which increased by 40.5%, 41.2%, and 49.5%, respectively, compared to the previous year.
The General Assembly approved a cash dividend distribution of 4% for the second half of 2025, bringing the total cash dividends for the year to 7.5%, after accounting for the first-half distribution. The Assembly also approved the amendment of the company’s objectives through updates to the Memorandum and Articles of Association.
Management reaffirmed its commitment to continuing the implementation of its strategy focused on diversifying the real estate and investment portfolio, expanding income-generating opportunities, achieving a balance between risk and return, and enhancing shareholder value.