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    Sunday, July 20, 2008  
 
 
 
 

 


 

Khabary Holding Company

 

Khabary Holding Company, one of Investment Dar’s group of companies and a Kuwaiti Shareholding company (closed) was established in 2000 with the objective to invest in various distinguished investment activities. As a result of the high returns achieved by the company, its capital was increased to KD 50,000,000 in 2004.

 

The Objectives of Khabary Holding Company include:

  • Holding shares and bonds in Kuwaiti and non-Kuwaiti companies as well as partnering in the establishment, management, funding and sponsorship of such companies.
  • Financing companies in which it partly owns shares and those that it sponsors.
  • Possessing industrial ownership rights and allowing other companies the use of these rights either in Kuwait or abroad.
  • Acquiring transferable assets and real estate that helps companies perform their activities and using surpluses to invest in financial portfolios managed by specialized bodies and companies.

Khabary Holding Company commenced its operations in the real estate sector by owning and executing its first project in Fahaheel called Al Khabary Future City, a highly ambitious project undertaken by Kuwait’s private sector. Its objective is to build a Future City which will be considered as one of the prominent landmarks in Kuwait and a unique symbol of civilization that will contribute to the progress and development of Fahaheel.

 

The project covers an area of 240,000 sq. m. that comprises a luxury hotel, residential towers and commercial offices, entertainment facilities and other appealing facilities that will make it attractive to investors. The first of its kind, Al Khabary Future City will provide fully integrated services to the area.

 

Given Khabary Holding Company’s wise management, clear vision, success plans and strategies for the future, its aspirations to execute huge leading projects will definitely be fulfilled.