Saturday 19 April 2014
 
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URC

URC bond rating upgraded to stable outlook

Kuwait-based United Real Estate Company (URC), a leading real estate developer, has announced that global credit rating agency Capital Intelligence upgraded URC’s KD60 million ($213 million) unsecured bond from BBB- with a positive outlook

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URC reports $39.76m profit

United Real Estate Company (URC), one of the Mena region’s leading real estate developers, has reported a net profit of KD11.2 million ($39.76 million) for the year ending December 31. The company’s operational profits

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URC secures $80m loan for Amman mall

United Real Estate Company (URC), a leading real estate development company in the Mena region, said it secured a $80 million long term loan from the European Bank for Reconstruction and Development (EBRD) for its Abdali Mall project.

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URC sells plots for $46.77m

United Real Estate Company (URC), a leading real estate development company in the Mena region, has sold 10 of its plots in Kuwait’s Mubarakiya area and two plots in the Entertainment City, a mixed-use development in Qatar. 

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ASAR advises on URC bonds issue

ASAR - Al Ruwayeh & Partners, a leading corporate law firm in Kuwait, has advised the joint lead managers on the placement of a KD 60 million bond issue by Kuwait’s United Real Estate Company (URC), &nb

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