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NREC announces Q1 2018 earnings

14 - May - 2018

Net Profit: KD4 million, up 6.7% from Q1 2017

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NREC Annual General Meeting Results

10 - May - 2018

NREC holds its 47th Annual General Meeting

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Annual Ordinary General Assembly Meeting

25 - April - 2018

Annual Ordinary General Assembly Meeting

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NREC Earnings Release for Full Year 2017 and Q4 2017

12 - March - 2018

uwait, March 12, 2018 - National Real Estate Company (NREC) today released its financial results for 2017.

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Re-distribute the Board of Directors positions of National Real estate Company KPSC.

27 - November - 2017

Re-distribute the Board of Directors positions of National Real estate Company KPSC.

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Reem Mall Group Names Construction Contractor

27 - November - 2017

The Reem Mall consortium today announced the appointment of Itinera Ghantoot, a UAE-Italy joint venture, as lead contractor on the $1.2 billion shopping, leisure and entertainment project .

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Agility, UPAC, and NREC invest $1.2 billion in Abu Dhabi’s Reem Mall

21 - November - 2017

Agility, UPAC, and NREC, the consortium behind Abu Dhabi’s Reem Mall, a retail, leisure and entertainment destination, announced today that financing for the $1.2 billion project is now complete; signing the largest real estate asset-based facility in the United Arab Emirates in 2017.

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NREC disclosure with regards to finance the development of Reem Mall project in Abu Dhabi

21 - November - 2017

NREC disclosure with regards to finance the development of Reem Mall project in Abu Dhabi

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Interim Financial Statements for the Nine months period ended 30/9/2017

14 - November - 2017

Interim Financial Statements for the Nine months period ended 30/9/2017

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NREC announces Q3 2017 earnings

14 - November - 2017

National Real Estate Company (NREC), a leading regional developer with USD2 billion in projects under development in the UAE, Egypt and other markets, today released its financial results for the third quarter of 2017.

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Interim Financial Statements for the Six months period ended 30/6/2017

15 - August - 2017

Interim Financial Statements for the Six months period ended 30/6/2017

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NREC announces H1 2017 earnings

14 - August - 2017

National Real Estate Company (NREC), a leading regional developer with USD2 billion in projects under development in the UAE, Egypt and other markets, today released its financial results for the first half of 2017.

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NREC holds its 46th Annual General Meeting

01 - June - 2017

The National Real Estate Company (NREC), one of the leading real estate companies in the Middle East and North Africa (MENA), held its 46th Annual General Meeting of Shareholders (AGM) today in Kuwait.

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NREC announces Q1 2017 earnings

11 - May - 2017

National Real Estate Company (NREC), a leading regional developer with development projects exceeding USD2 billion in Egypt and the UAE, today announced its financial results for the first quarter of 2017.

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NREC and UPAC’s Reem Mall project set to offer Majid Al Futtaim Ventures’ range of world class entertainment offerings

16 - April - 2017

Abu Dhabi’s Reem Mall, developed by NREC in partnership with UPAC has announced a significant new partnership with Majid Al Futtaim Ventures, the leisure, entertainment, fashion and business arm of Majid Al Futtaim. The agreement will see Majid Al Futtaim Ventures brings its wide range of leisure and entertainment destinations – including the region’s first standalone, themed, indoor snow park – to the more than US$ 1 billion project.

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Dasman Art Jam “Away From The Usual”

06 - April - 2017

National Real Estate Company (NREC) hosted “Dasman Art Jam” which was held on Wednesday April 5 2017 at Dasman Complex, one of NREC’s projects in Sharq, Kuwait City.

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NREC signs $101m loan facility with Agility Investment

12 - February - 2017

National Real Estate Company (NREC), a leading real estate developer and investor with $2bn of assets in the Middle East and North Africa, has signed a $USD101.5million (KD 31 million) five year convertible loan with Agility Investment Holding Limited, a subsidiary of Agility.

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James Duncan appointed Chief Projects Officer for Al Farwaniya and Reem Mall

30 - January - 2017

Al Farwaniya, the developer of Abu Dhabi’s up-and-coming retail, entertainment and leisure destination Reem Mall, has today announced the appointment of James Duncan as the new Chief Projects Officer for the organization.

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Shane Eldstrom appointed chief executive officer for Al Farwaniya and Reem Mall

22 - December - 2016

Al Farwaniya, the developer of Abu Dhabi’s up-and-coming entertainment, dining and leisure destination Reem Mall, has appointed Shane Eldstrom as the new Chief Executive Officer for the company.

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NREC hosts Gulf Bank 642 Marathon at Souq Sharq

21 - November - 2016

National Real Estate Company (NREC), one of the leading real estate companies in the Middle East and North Africa (MENA), hosted yesterday the Gulf Bank 642 Marathon with huge number of participants at Souq Sharq Waterfront development.

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NREC’s Reem Mall and Dubai Holdings announce partnership to bring new retail offering to Abu Dhabi

15 - November - 2016

Reem Mall, Abu Dhabi’s upcoming fashion, entertainment and dining destination in the heart of Abu Dhabi, and a joint venture between NREC and UPAC,announced this morning that it has signed terms of agreement with Dubai Holding Group.

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NREC announces third quarter 2016 financial results

14 - November - 2016

National Real Estate Company (NREC), a leading regional asset manager and developer with USD2 billion in projects under development in the UAE, Egypt and other markets, today released its financial results for the third quarter of 2016.

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NREC hosts Kuwait Cycling Organization’s Cycleague event at Souq Sharq

01 - November - 2016

National Real Estate Company (NREC), one of the leading real estate companies in the Middle East and North Africa (MENA), hosted the Cycleague event held by the Kuwait Cycling Organization at Souq Sharq Waterfront.

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CMA’s Approval to Trade Treasury Shares

18 - September - 2016

The Capital Markets Authority has approved to renew the right to buy or sell 10% of NREC Shares (Treasury Shares).

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NREC Named among top 25 listed developers in the Arab World by Forbes Magazine

06 - September - 2016

National Real Estate Company (NREC), one of the region’s leading real estate development companies, was today recognized as one of the top 25 listed real estate developers in the Arab World by Forbes Middle East.

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Landmark Group Signs Major New Deal with NREC’s Reem Mall in Abu Dhabi

28 - August - 2016

Landmark Group, the region’s leading retail and hospitality conglomerate, today announced a major new agreement with Reem Mall, Abu Dhabi’s latest retail and leisure destination, which will see 23 new stores opening in the UAE capital in 2018.

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NREC Announces First Half Earnings for 2016

14 - August - 2016

National Real Estate Company (NREC), a leading regional asset manager and developer with development projects exceeding USD1 billion in both Egypt and the UAE, today released its financial results for the first half of 2016. The company recorded growth in top-line earnings of 52% and a net profit KD7.6 million.

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Carrefour signs up for Abu Dhabi’s Reem Mall

26 - June - 2016

Reem Mall, Abu Dhabi’s new up and coming entertainment, dining and shopping destination, has today announced Carrefour as the Hypermarket operator in the US$ 1 billion project located on Abu Dhabi’s master planned development Reem Island.

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NREC launches Ramadan Iftar Tables at Souq Sharq

13 - June - 2016

As a part of its CSR contributions, National Real Estate Company (NREC) launched its annual initiative for Ramadan Iftar Tables which took place at Souq Sharq Waterfront project.

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Forbes Middle East honors NREC among the top listed companies in Kuwait for 2016

07 - June - 2016

In partnership with Al Anbaa newspaper, Forbes Middle East held ceremony on May 31, to honor the most successful publicly listed companies in Kuwait.

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NREC launches online Annual Report for 2015

05 - June - 2016

launch of the newly designed Annual Report for 2015.

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NREC holds its 45th Annual General Meeting

05 - June - 2016

NREC Shareholders approve distribution of 5% bonus shares

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Reem Mall Uses Yardi Voyager 7S for Retail Property Management

29 - May - 2016

Reem Mall, a new world class shopping, leisure and entertainment destination in Abu Dhabi, has automated property management and accounting with Yardi Voyager® 7S, a tablet-compatible, Software as a Service property management and accounting platform.

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NREC announces Q1 2016 earnings

15 - May - 2016

National Real Estate Company (NREC), a leading regional developer with development projects exceeding USD1 billion in Egypt and the UAE, announced first quarter net profits of KD3.6 million, an increase of 9.8% from the same period last year. The company’s positive outlook for bottom-line growth was kept unchanged for 2016.

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Reem Mall recognised by Abu Dhabi’s Urban Planning Council for sustainable design efforts

09 - May - 2016

Reem Mall, Abu Dhabi’s major new up and coming retail, leisure, dining and entertainment destination, has today announced that it has been awarded the Estidama 2 Pearl Construction Design Rating by the Abu Dhabi Urban Planning Council (UPC).

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NREC’s Al Farwaniya Receives Developer License For Reem Mall

13 - April - 2016

Al Farwaniya Property Development, LLC, the partnership established between National Real Estate Company (NREC) and UPAC for the development of Abu Dhabi’s Reem Mall, has received its Developer License from the Abu Dhabi Department of Municipal Affairs. The license was issued under the provisions of the new Real Estate Law which came into effect January 1, 2016.

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NREC announces 2015 financial results

30 - March - 2016

National Real Estate Company (NREC), a leading regional developer, today announced the company’s financial results for the year 2015 and reaffirmed a growth outlook for 2016. The company recorded KD15.4 million in net profit for the year, up 47.2% from 2014.

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NREC Statement Regarding Free Trade Zone Verdict

23 - March - 2016

National Real Estate Company (NREC) formally received on March 22 the Court of Cassation’s final ruling relating to the Free Trade Zone legal dispute; thereby confirming cancellation of the company’s BOT contract with the Free Trade Zone.

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NREC becomes the Urban Land Institute’s (ULI) First Sustaining Member in the Middle East

13 - March - 2016

National Real Estate Company (NREC), one of the region’s leading real estate development companies, has become the Urban Land Institute’s (ULI) first Sustaining Member in Kuwait and the Middle East.

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Reem Mall Appoints Funtastic to Manage and Coordinate Retail Design and Delivery

06 - March - 2016

Reem Mall, Abu Dhabi’s major new up and coming retail, leisure, dining and entertainment destination, has appointed Funtastic as Retail Design and Delivery Managers for the US$ 1 billion project.

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NREC’s CEO was recently interviewed by Knowledge@Wharton

03 - March - 2016

NREC’s CEO was recently interviewed by Knowledge@Wharton ahead of his visit to the WCA executive investment Summit to be held in Ethiopia

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Abu Dhabi’s Urban Planning Council grants detailed planning approval for $1 billion Reem Mall project

13 - January - 2016

Developers for Reem Mall, the UAE capital’s up and coming leisure, shopping, entertainment and dining destination, today announced that the $1 billion project has been granted detailed planning approval by the Abu Dhabi Urban Planning Council (UPC).