URC Successfully Concludes its Strategic Sponsorship of “KIB The Stadium” Show Jumping Tournament

Feb 12 , 2025

Kuwait City by URC | Press Release

United Real Estate Company (URC) has successfully concluded its strategic sponsorship of "KIB The Stadium," Kuwait’s first international show jumping tournament by the sea. Organized by Suffix Company in partnership with Kuwait International Bank (KIB), the tournament brought together elite equestrian athletes from around the world for three weeks of thrilling competition. This marks URC’s second consecutive year as a sponsor of this event, reinforcing its commitment to supporting Kuwait’s growing presence on the global sports stage.

Ms. Lujain Al Saleh, Chief Sales & Marketing Officer at URC, emphasized the company's dedication to fostering a strong sports culture in Kuwait, stating: "Our strategic sponsorship of this world-class tournament underscores URC’s commitment to promoting sporting excellence and reinforcing Kuwait’s position as a destination for international events."

Ms. Al Saleh further highlighted URC’s core values of corporate social responsibility (CSR), adding: "URC actively supports initiatives that enrich the local community across various sectors and age groups. Sponsoring events like 'KIB The Stadium' reflects our broader mission to contribute to Kuwait’s social and cultural development."

From his side, Mr. Abdulaziz Al Nasser, Senior Vice President - Property Management at URC, said: "Hosting 'KIB The Stadium' at Marina Beach provided a truly unique experience, attracting over 7,000 spectators and showcasing the talents of more than 500 male and female riders from across the globe."

He also highlighted the tournament’s vibrant atmosphere, noting that the village offered a variety of culinary experiences, entertainment, and interactive booths, including URC’s dedicated space, where visitors engaged in recreational activities.


About URC

United Real Estate Company. K.S.C.P (URC) is one of the leading real estate developers in Kuwait and the MENA region, with consolidated assets of Approx. KD 668 million (US$ 2.2 Billion) as of 31 December 2022. Headquartered in Kuwait, URC was founded in 1973 and was listed on the Kuwait Stock Exchange in 1984.

URC primarily operates through a number of operating subsidiaries and investment arms across the MENA region. URC's core business is real estate development and operations and enjoys a diversified portfolio of assets that include retail complexes, hotels, residential properties, and high-rise office buildings.

URC’s operations extend to construction and contracting services, facility management, and project management through its several subsidiaries. URC's portfolio of assets is geographically spread throughout the MENA region and includes Marina World, Marina Hotel, and KIPCO Tower in Kuwait, Salalah Gardens Mall & Residences in Oman, Abdali Mall in Jordan, Raouche View 1090 in Lebanon, Hilton Cairo Heliopolis & Waldorf Astoria Hotels, and Aswar Residences in Egypt, and Assoufid development including a golf resort, five-star hotel, and premium residences in Morocco.

URC is the real estate arm of its majority shareholder, Kuwait Projects Company – Holding (KIPCO Group), a holding company that focuses on investments in the Middle East and North Africa. It’s strategy of acquiring, building, scaling and selling companies in the MENA region has worked successfully for over 30 years. KIPCO’s main business sectors are financial services, media, real estate, and industry. KIPCO’s financial service interests include holdings in commercial banks, insurance companies, asset management, and investment banking.

Contact Info

Salem Al Khulaqi

VP - Corporate Communication –
United Real Estate Company

T (+965) 2295 3671

F (+965) 2244 1003

s.alkhulaqi@urc.com.kw