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First Qatar Real Estate Development Company K.S.C. (Closed) (شركة قطر الاولى للتطوير العقاري) (Kuwait)

Main Activities: Other Financial Investment Activities | Lessors of Real Estate | Real Estate Property Managers
Full name: First Qatar Real Estate Development Company K.S.C. (Closed) Profile Updated: December 11, 2025
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English Download a sample report

First Qatar Real Estate Development Company K.S.C. (Closed) (شركة قطر الاولى للتطوير العقاري) is an enterprise based in Kuwait. Its main office is in Kuwait City. The company operates in the Other Financial Investment Activities sector. It was first established on April 03, 2026. 101 - 500 (2025) employees currently work for First Qatar Real Estate Development Company K.S.C. (Closed) (شركة قطر الاولى للتطوير العقاري). In 2023, the company reported a net sales revenue drop of 40.66%. Over the same period, its total assets grew by 5.96%. In 2023, First Qatar Real Estate Development Company K.S.C. (Closed) (شركة قطر الاولى للتطوير العقاري)’s net profit margin decreased by 98.4%.

Headquarters
Al Qibla, Block 14, Abu Baker Al Sideek St. (Next To Sheraton Hotel), Gulf Tower, Floor 8 And 18, P.O. Box: 776
Kuwait City; Al-Asimah / Capital Governorate; Postal Code: 13008

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Website: http://www.first-qatar.com

Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
April 03, 2026
Key Executives
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Chairperson
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Vice Chairperson
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Director / Member of the Management Board
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Director / Member of the Management Board
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Director / Member of the Management Board
Subsidiaries
First Hotel W.L.L. (Qatar)
100%
First Pearl Maintenance (Qatar)
100%
First Oman Real Estate Development And Tourism Company W.L.L (Oman)
99%
Company Performance
Financial values in the chart are available after First Qatar Real Estate Development Company K.S.C. (Closed) (شركة قطر الاولى للتطوير العقاري) report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency KWD. Absolute financial data is included in the purchased report.
Net sales revenue
-40.66%
Total Operating Revenue
-41.15%
Operating Profit
N/A
EBITDA
-85.2%
Net Profit/Loss for the Period
-73.18%
Total Assets
5.96%
Total Equity
23.26%
Operating Profit Margin
N/A
Net Profit Margin
-98.4%
Return on Equity (ROE)
-6.75%
Debt / Equity
-50462%
Quick Ratio
-642.88%
Cash Ratio
-0.23%

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