SUBSIDIARIES


UNITED BUILDING COMPANY(UBC)

Mr. Mohammad Salem Al-Wetayan
Chief Executive Officer

United Building Company K.S.C.C (UBC) is a fully owned construction and contracting arm of United Real Estate Company K.S.C.P (URC), a leading real estate developer in Kuwait and the MENA region. Classified as a “first” grade contracting company since 1984, UBC has a long track record with several landmark projects in Kuwait. The Company currently has various projects under construction valued at approximately KD 264 million.

The Company’s operations have significantly expanded, and has successfully acquired 40% of Insha’a Holding Company, one of the leading manufacturers and suppliers for building and construction material in Kuwait.

This acquisition increases UBC’s market share in the contracting and construction industry by enhancing its operational efficiency and diversifying its sources of revenue.

UNITED FACILITIES MANAGEMENT(UFM)

Mr. Ahmad Yousef Al Kandari
Vice Chairman & CEO

United Facilities Management Company K.S.C.C (UFM) is a subsidiary of United Real Estate Company K.S.C.P (URC) with a stake of 96.8% and is one of the leading companies in the field of integrated facilities management services.

Established in 2008, UFM was the first company in Kuwait to offer comprehensive property and facility management services by utilizing modern applied practices in innovation, technology, and operational standards. UFM delivers its facilities management functions through all phases from design to operation and services, to government buildings, commercial and residential complexes, multi-purpose buildings and oil sector facilities. The Company also provides various other services such as consultancy, maintenance, security and cleaning. The Company’s portfolio includes commercial and residential real estate management services in several countries in the MENA Region, including United Arab Emirates, Oman, Bahrain, Jordan, Egypt and Lebanon.

GULF-EGYPT FOR HOTELS & TOURISM

Mr. Mohsen Abu Al Azm
Managing Director

Established in 1976, Gulf-Egypt for Hotels & Tourism (S.A.E) is an Egyptian-based subsidiary company held through Al Dhiyafa Holding Company K.S.C.C (DHC), which is owned by United Real Estate Company K.S.C.P (URC).

The main purpose of the Company is construction of hotels and touristic establishments, acquisition, and utilization thereof, the Company owns both Hilton Cairo Heliopolis & Waldorf Astoria Cairo Heliopolis, as well as land assets in Al Orouba and in Sharm El Sheikh, Egypt.

AL DHIYAFA HOLDING COMPANY(DHC)

Sheikh Khalifa Abdullah Al Jaber Al-Sabah
Chairman

Established in 2005, Al Dhiyafa Holding Company K.S.C.C (DHC) is owned by United Real Estate Company K.S.C.P (URC) at an 81% stake, and manages several subsidiaries geographically spread across Lebanon and Egypt.

The Company’s portfolio of assets and businesses includes Safir Bhamdoun Hotel and Raouche View 1090 in Lebanon, Hilton Cairo Heliopolis & Waldorf Astoria Hotel Egypt as well as land assets in Al Orouba and in Sharm El Sheikh, Egypt.

AFFILIATES

United Towers Holding Company (UTHC)

Established in 2006, United Towers Holding Company (UTHC) is an affiliate of URC focusing on real estate investments. ​UTHC’s projects portfolio includes Al Shaheed Tower, City Tower and KIPCO Tower, all located in Kuwait’s business district, Sharq.




SSH Design

SSH is an affiliate of URC and is one of the region’s leading master planning, infrastructure, building design, construction supervision and project management firms in the Middle East, with a reputation for design integrity and a portfolio that includes landmark projects in the region. With more than 1,000 projects and ranked 3rd in the Middle East by World Architecture Magazine and amongst the top 100 Architects in the World, SSH currently employs over 1,300 people with offices in Abu Dhabi, Algeria, Bahrain, Dubai, Iraq, Kuwait, London, Oman, Qatar, Saudi Arabia and South Africa. Since 1961 and for more than 50 years, SSH has played a leading role in shaping the built environment and infrastructure of the modern Middle East.