Al-Mutajarrah Al-Aqariyah Reports Net Profits of KD 4.72 Million

AbdulFatah Ma’arfi, Chairman of the Board and Chief Executive Officer, stated that the financial results of Al-Mutajarah Real Estate Company K.S.C.P. (a subsidiary 79.2% owned by Al-Tijariya Al-Arabiya Real Estate Company K.S.C.P.) for the financial period ending June 30, 2026, yielded net profits of 4.72 million Kuwaiti dinars, representing a 22.8% increase compared to the same period last year.

Commenting on the first-half 2026 financial results, Ma’arfi noted that the achieved outcomes reflect growth in operational performance and a notable increase in investment revenues, supported by the continued implementation of the company’s strategy aimed at maintaining a diversified real estate and investment portfolio and enhancing operational efficiency. Regarding financial indicators, there was a significant improvement, with growth in return on equity, return on assets, and return on capital reaching 18.9%, 30.8%, and 22.8%, respectively, compared to the same period last year.

Accordingly, the Board of Directors decided to distribute semi-annual cash dividends for 2026 at a rate of 4%, amounting to 4 fils per share. Ma’arfi added that the company continues its operations in accordance with a balanced strategy focused on diversifying its real estate investments in terms of size, nature, and geographic distribution, thereby contributing to a balance between risks and returns and enhancing the company’s financial sustainability.

Within the framework of this strategy, Al-Mutajarah Real Estate Company invested in a logistics and transportation center in Texas, United States of America.

The company is also continuing its development plans for its real estate projects, most notably the expansion of the Al-Rahab Complex. This project aims to develop facilities and services by adding new rental spaces, thereby enhancing the experience for visitors and tenants and reinforcing the complex’s position as an integrated commercial destination, in line with the company’s future vision to develop its real estate assets and achieve sustainable long-term growth.

In conclusion of his statement, AbdulFatah Ma’arfi prayed to God Almighty to protect Kuwait and its people from all harm, and to grant Kuwait security, safety, and stability under the wise leadership of His Highness the Amir of Kuwait, Sheikh Meshal Al-Ahmad Al-Jaber Al-Sabah, His Highness the Crown Prince Sheikh Sabah Khaled Al-Hamad Al-Sabah, and His Highness Sheikh Ahmad Nawaf Al-Ahmad Al-Sabah, Prime Minister. He also expressed his deepest gratitude and appreciation to the shareholders, Board of Directors members, and all company employees for their efforts and continuous support, affirming that Al-Mutajarah Real Estate Company will continue to strengthen its financial position and achieve its strategic objectives, thereby delivering sustainable added value to shareholders.