What Al Tijaria does

Al Tijaria Real Estate Company K.P.S.C. is a Kuwaiti public shareholding company founded in 1968, restructured in 2000, listed on the Kuwait Stock Exchange in 2004, and promoted to the Premier Market of Boursa Kuwait in 2023. It operates a diversified portfolio of 27 properties spanning residential, commercial, hospitality, and mixed-use developments across Kuwait, Bahrain, and a stated footprint of 14 countries, with landmark assets including Symphony Style Mall, Al Tijaria Tower, Boulevard Mall, Al Rehab Complex, Symphony Tower (Bahrain), and Symphony Style Hotel. The company operates under Islamic Sharia principles with a dedicated Sharia Supervisory Board and holds ISO 37000:2021, ISO 14001:2015, and ISO 45001:2018 certifications.

Al Tijaria generates revenue through four primary streams: commercial property leasing (office towers, retail malls, mixed-use complexes such as Al Rehab), hospitality operations (Symphony Style Hotel and Boulevard Ballroom events), real estate investment and development (long-term projects in Kuwait, Bahrain, and the broader MENA region), and dividend/contribution income from its majority-owned subsidiaries Al Mutajara Real Estate Co. (79.2% owned; FY2025 net profit KWD 6.5M, up 49.5%) and Salmiya Group for Enterprise Development Co. (81.9% owned; FY2025 net profit KWD 3.0M). Distribution is direct: the company owns and operates every asset in its portfolio without third-party intermediaries, relying on its owned venues as the primary marketing and sales channels.

The go-to-market is sales-led and relationship-driven. Al Tijaria pursues enterprise leasing for retail and office space, direct hospitality bookings for hotel and event venues, and government partnerships for large-scale developments — most notably a 22-year investment agreement with Kuwait's Public Authority for Housing Care for the Q1 Project in Al Qairawan. It has expanded its deal pipeline via a 2025 strategic MOU with CSCEC for government-tendered projects and a USD 15 million investment in the GFH GCC Logistics Fund II, where it serves as co-technical advisor. FY2025 net profit reached KWD 16,314,480 (up 4.6% YoY; EPS up 6%), with Q1 2026 net profit of KWD 4,084,850 (up 32% YoY), supporting a 3% cash dividend plus 3% bonus share distribution.

Name

Al Tijaria

Legal name

Al-Tijaria Real Estate Company K.P.S.C.

Website

https://altijaria.com

Company type

Public

Founded year

1968

Operating status

Operating

Headcount range

101–250 employees

Short description

Al Tijaria is a Kuwaiti public real estate investment and development company operating 27 residential, commercial, hospitality, and mixed-use properties across Kuwait, Bahrain, and the broader GCC/MENA region under Islamic Sharia principles.

Ownership category

akta.pro rank

Headquarters

HQ city

Kuwait

HQ country

Kuwait

HQ region

Middle East

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Marketing or Sales, Others

Revenue model

1. Commercial Property Leasing: Income generated from leasing office towers (Al Tijaria Tower, Symphony Tower), retail malls (Symphony Style Mall, Boulevard Mall), and mixed-use complexes (Al Rehab) to retail, corporate, and hospitality tenants.
2. Hospitality Operations: Revenue from operating the Symphony Style Hotel, event venues, and banquet facilities including Boulevard Ballroom. Hospitality services include accommodation, dining, weddings, and corporate events.
3. Real Estate Investment & Development: Long-term investment returns from development projects in Kuwait, Bahrain, and the MENA region, including new mixed-use and commercial developments such as the Al Qairawan Q1 project, expansion of Al Rehab Complex, and GFH GCC Logistics Fund II investment.
4. Subsidiary & Associate Dividends: Income from majority-owned subsidiaries including Al Mutajara Real Estate Co. (79.2%) and Salmiya Group for Enterprise Development Co. (81.9%), as well as associates and portfolio investments across the GCC and MENA region.

Go-to-market motion1 record

Distribution channels6 records

Marketing channels6 records

Core offering

Al Tijaria is a real estate investment and development company that acquires, develops, leases, and manages a diversified portfolio of commercial, residential, and mixed-use properties across Kuwait, Bahrain, and the MENA region. Its owned portfolio includes shopping malls (Symphony Style Mall, Boulevard Mall), office towers (Al Tijaria Tower, Symphony Tower), an integrated mixed-use complex (Al Rehab Complex), and a hospitality destination (Symphony Style Hotel with Boulevard Ballroom). The company also pursues long-term development projects and strategic fund investments in the GCC and broader MENA region.

Product overview

Al Tijaria Real Estate Company K.P.S.C. operates a diversified portfolio of residential, commercial, and hospitality developments across Kuwait, Bahrain, and the MENA region. The company manages a unified property portfolio that includes modern residential communities, premium office towers (Al Tijaria Tower), shopping malls (Symphony Style Mall, Boulevard Mall), hospitality destinations (Symphony Style Hotel), and landmark mixed-use developments (Al Rehab Complex). The portfolio is managed as an integrated real estate investment and development platform operating under Islamic Sharia principles.

Differentiator

Problem solved

Functional benefit

Brands

• Symphony Style Mall: A premier shopping destination managed by Al Tijaria.
• Boulevard Mall
• Al Tijaria Tower
• Al Rehab Complex
• Symphony Style Hotel

Products and services

• Symphony Style Mall A premier shopping mall operated by Al Tijaria in Kuwait City, providing retail, dining, and entertainment experiences to retail tenants and consumer visitors as part of the company's commercial property portfolio.
• Al Tijaria Tower An office and commercial building in the Murgab area of Kuwait City, serving as Al Tijaria's headquarters and as premium office and commercial market leasing space for corporate tenants.
• Boulevard Mall A retail and entertainment complex located in Salmiya, Kuwait, offering shopping, dining, and leisure experiences and leased to retail tenants.
• Al Rehab Complex One of Kuwait's earliest integrated mixed-use developments featuring residential, commercial, and hospitality components, representing Al Tijaria's enduring legacy property with a current expansion project approximately 95% complete.
• Symphony Tower (Bahrain) A commercial tower property located in Bahrain, representing Al Tijaria's regional property operations and providing office and commercial space to corporate tenants.
• Symphony Style Hotel A luxury hospitality property operated by Al Tijaria offering accommodation, dining, weddings, and corporate events, including the Boulevard Ballroom for large-scale events.

Quantifiable outcome

• FY2025 net profit of KWD 16,314,480 with 4.6% growth year-over-year; EPS of 9.01 fils, up 6% vs 2024
• +4 more outcomes

Named customers5 records

Segments4 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Twelve partnerships are on record, tiered core and minor.

• Omnia (أُمنية)coreStrategic or Co-development Partner · 10 June 2026Annual strategic partnership between Al Tijaria and Omnia (a green building and sustainable facilities management company) focused on social responsibility and environmental awareness. The partnership includes sponsorship of the fourth edition of the 'Omnia Your School' competition targeting K-12 students in Kuwait government schools, promoting sustainability, recycling, and waste sorting. The collaboration aligns with Kuwait Vision 2035 and aims to reduce waste, conserve natural resources, and build environmental awareness among students.
• ICAN (Integrated Care Authority for People with Disabilities)coreStrategic or Co-development Partner · 23 May 2026Symphony Style Hotel, under Al Tijaria, hosted a culinary workshop for people with special needs in collaboration with ICAN. The event, held under the patronage of Her Excellency Sheikha Sheikha Al Abdullah Al Sabah, provided interactive cooking training for disabled participants, promoting inclusion and community empowerment.
• LOYAC Academy of Performing Arts (LAPA)minorStrategic or Co-development Partner · 15 November 2025Al Tijaria served as venue sponsor for EcoQuest, an annual environmental competition organized by LOYAC Academy of Performing Arts at Boulevard Mall. Students from private schools across Kuwait develop sustainability projects addressing energy conservation, waste reduction, and biodiversity. Al Tijaria's sponsorship supports youth development and environmental education.
• Dasman Diabetes InstituteminorStrategic or Co-development Partner · 30 October 2025Al Tijaria partnered with Dasman Diabetes Institute to deliver a comprehensive diabetes prevention awareness lecture for employees, covering early detection, nutrition management, physical activity, and stress control as part of the 'We Care' employee wellness program.
• NBK Specialized Hospital for ChildrenminorStrategic or Co-development Partner · 16 October 2025Under the 'We Care' initiative, Al Tijaria organized a visit to NBK Specialized Hospital for Children, engaging young cancer patients with storytelling, games, art workshops, and gift distributions to bring joy and comfort to patients and their families.
• New Mowasat HospitalminorStrategic or Co-development Partner · 9 October 2025Al Tijaria collaborated with New Mowasat Hospital for an educational lecture on breast cancer awareness, covering early detection, prevention methods, and latest treatment advances. The initiative supported national breast cancer awareness efforts.
• Spread the PassionminorStrategic or Co-development Partner · 20 September 2025Al Tijaria partnered with Spread the Passion (a volunteer organization) to organize a large-scale beach cleanup at Kuwait Towers Beach as part of World Cleanup Day. Over 270 Al Tijaria volunteers participated among 1,700 total participants, collecting approximately 2.8 tons of waste and promoting marine environmental awareness.
• GFH Financial GroupcoreStrategic or Co-development Partner · 28 July 2025Al Tijaria invested USD 15 million (approx. KWD 4.5 million) in the GFH GCC Logistics Fund II, managed by GFH Financial Group. The fund targets acquisition, development, and operation of logistics assets in Saudi Arabia and GCC countries. Al Tijaria was appointed co-technical advisor to the fund, leveraging its regional development expertise. Partnership supports Al Tijaria's expansion into high-value logistics sector.
• Kuwait Parks CompanyminorStrategic or Co-development Partner · 28 July 2025Kuwait Parks Company collaborated with Al Tijaria and its subsidiaries on the investment in the GFH GCC Logistics Fund II, representing a diversified investment partnership.
• CSCEC (China State Construction Engineering Corporation Ltd.)coreStrategic or Co-development Partner · 3 June 2025Al Tijaria signed a strategic MOU with CSCEC to collaborate on government-tendered development projects in Kuwait. The partnership sets a framework for joint technical and financial feasibility studies during bidding, with CSCEC potentially serving as contractor and investment partner, and supporting project financing arrangements. Reflects commitment to sustainable growth in Kuwait's real estate sector.
• Republic of Uzbekistan (Ministry of Investment, Industry and Trade; Ministry of Agriculture)minorStrategic or Co-development Partner · 26 January 2025Al Tijaria welcomed a high-level economic delegation from Uzbekistan headed by H.E. Mr. Laziz Kudratov, Minister of Investment, Industry and Trade. Discussions explored investment opportunities in real estate, agriculture, tourism, and infrastructure in Uzbekistan, and ways to strengthen bilateral economic relations between Kuwait and Uzbekistan.
• Public Authority for Housing Care (Kuwait)coreStrategic or Co-development PartnerAl Tijaria subsidiary Salmiya Group signed a 22-year investment agreement with the Public Authority for Housing Care to develop the Q1 Project in Al Qairawan, covering 12,580 m² with commercial, health club, and public parking facilities. This project supports Kuwait Vision 2040 urban development goals.

Scale indicators14 records

Recent moves10 records

Expansion highlights6 records

Direct peers

• Salhia Real Estate Company K.S.C. Kuwaiti real estate developer with mixed-use and hospitality projects. Comparable in terms of listed Kuwaiti commercial/mixed-use property operator with government-tendered project exposure.
• Mabanee Company K.P.S.C. Kuwaiti-listed real estate developer and operator of The Avenues, Kuwait's flagship shopping mall. Most directly comparable to Al Tijaria as a Kuwaiti Premier Market-listed commercial real estate company running a portfolio of large retail, hospitality and mixed-use assets.
• National Real Estate Company K.S.C. Kuwaiti real estate developer with MENA-wide projects including mixed-use and hospitality assets. Comparable to Al Tijaria in operating across Kuwait and the wider GCC/MENA region with owned portfolios and development pipelines.
• Kuwait Real Estate Company K.S.C.C. Long-established Kuwaiti real estate developer and investor with diversified residential, commercial and hospitality holdings. Directly comparable to Al Tijaria in business model (owned Kuwait-focused property portfolio, listed in Kuwait).
• Investors Holding Group Company K.S.C.C. Kuwaiti-listed holding with significant real estate and investment operations. Comparable to Al Tijaria as a Kuwait-listed entity combining property investment with diversified portfolio and dividend-paying structure.
• Tamdeen Real Estate Company K.S.C.C. Kuwaiti-listed developer behind 360 Mall and mixed-use projects. Directly comparable to Al Tijaria as a Premier Market-listed Kuwaiti commercial real estate developer with mall and mixed-use portfolios.
• United Real Estate Company K.S.C.C. Kuwaiti-listed real estate developer with projects in Kuwait, Jordan and Morocco. Comparable to Al Tijaria as a publicly listed Kuwaiti commercial/mixed-use developer with regional expansion ambitions.

Broad incumbents

• Emaar Properties PJSC: Dubai-based major regional real estate developer (operator of Dubai Mall, Burj Khalifa district). Comparable to Al Tijaria as a broader MENA real estate incumbent operating large-scale malls, hospitality and mixed-use assets, but at much greater scale and global brand reach.
• Aldar Properties PJSC: Abu Dhabi-listed real estate developer and asset manager with mall, residential and mixed-use assets. Comparable to Al Tijaria as a Gulf-listed commercial real estate operator managing owned assets across multiple property types.

Others

• GFH Financial Group B.S.C. Bahrain-listed investment group that manages the GFH GCC Logistics Fund II in which Al Tijaria invested USD 15M and serves as co-technical advisor. Directly comparable as an ecosystem partner for regional logistics real estate and as a Sharia-compliant GCC financial counterpart.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/al-tijaria-group

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Subsidiaries4 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Al Tijaria