Among the most important steps in the implementation of management plans for our company to achieve growth through diversification of sources of profit and sources of cash flows, which we guarantee a stable and sustained
returns, apart from the forms of oscillation, which may appear in different regional sectors.
The company has implemented some of the real estate projects in Kuwait and the United Arab Emirates. Our company has added a number of real estate projects to the group achievements, which were selected from among hundreds of projects that have been proposed to manage our company. The selection of these projects after conducting economic feasibility studies in order to ensure the strength and coherence of these projects and support for the efforts of the management of our company in raising the ceiling on the shares of shareholders profits through increasing the volume of assets. It is expected to increase the value of the assets which in turn would increase revenues of our investors. Our company’s management is endeavoring to maximize the value of shares of the shareholders, taking into account our capabilities and risk tendencies”.
Herein below a summary of some of the most prominent real estate projects that we have accomplished.
ACICO Building in Kuwait
ACICO building located in Kuwait at a distinct location in the heart of Kuwait City, the building has become in a short period one of the major milestones and remarkable attractions of the city, which consists of 16 floors that have been built using the latest techniques in the construction and building systems.
ACICO Business Park - Dubai
This project is located in the area of Port Said, which is one of the most vital positions in the United Arab Emirates. The project consisted of three levels, like housing and ground and nine floors. Has been completed at the end of the project in 2007 and expected to be leasing the building completely through in 2008.
Nasima Tower - Dubai
Nasima tower is one of the vital projects undertaken by our company in one of the most distinctive sites in the United Arab Emirates ‘Sheikh zayed Road’ in Dubai, and includes the tower units and commercial offices and residential introduction into account thriving real estate market of the United Arab Emirates, the company has assumed the project after conducting a detailed feasibility study to analyze the real estate market of the UAE and estimating the volume of business generated by the project. It consists of the 51-storey tower and is expected to be the leasing building for the year of 2009.
http://www.nassimatower.com/