Kuwait City
by URC | Press Release
No. 1
Name: Sheikha / Bibi Naser Al Sabah
Nomination Type: Non-Executive
Sheikha Bibi Nasser Al-Sabah has been a Board Member of ÀÖ¾ºÌåÓýµÇ¼ƽ̨ Real Estate Company K.S.C.P (URC) since 2006 and was appointed as the Chairperson of the Board of Directors in 2019, with her tenure reaffirmed in 2022.
With over 20 years of leadership experience, Sheikha Bibi has played a pivotal role in strategic decision-making, financial oversight, and operational governance across URC’s business objectives and projects. She has also served on multiple Board Committees, contributing to key areas such as financial planning, corporate management, and business development.
Sheikha Bibi holds a Bachelor of Arts in Liberal Arts from The New School University, New York City, graduating in 2003. She founded the Social Work Society (SWS) in 2005, a Kuwaiti civil society organization dedicated to protecting and supporting victims of human rights violations and marginalized groups subjected to unequal or selective applications of Kuwaiti laws. Her unwavering commitment to human rights advocacy in the Arabian Gulf earned her the prestigious Chaillot Prize, and she was named a Goodwill Ambassador by the International Organization for Migration in recognition of her contributions to humanitarian and social causes.
No. 2
Name: Abdulamir Qasem Jafar Ali
Nomination Type: Independent
Mr. Abdulamir Qasem Ali Jafar has over 20 years of experience in the fields of communications, contracting, project management, and real estate development. He serves as the Executive Director and a board member of Middle East Telecommunications Company (METCO), Vice Chairman of Towell Ventures, and a board member of ÀÖ¾ºÌåÓýµÇ¼ƽ̨ Real Estate Company. Mr. Abdul Amir has a bachelor’s degree in electrical engineering from California State University, Los Angeles.
Before that, Mr. Abdul Amir served as the VP - Business Development at ÀÖ¾ºÌåÓýµÇ¼ƽ̨ Real Estate Company, as well as the CEO of Al-Dhiyafa Holding Company, and the General Manager of ÀÖ¾ºÌåÓýµÇ¼ƽ̨ Universal Company and ÀÖ¾ºÌåÓýµÇ¼ƽ̨ Real Estate Company, Bahrain. In addition to his membership on the boards of Al-Dhiyafa Holding Company, ÀÖ¾ºÌåÓýµÇ¼ƽ̨ Facilities Management, and Al Reef Real Estate Company, Oman.
No. 3
Name: Faisal A S ALAbdulRazzaq
Nomination Type: Independent
Mr. Faisal AlAbdulrazzaq brings over 25 years of experience in engineering consulting, construction management, real estate development, and general contracting. His career spans a wide range of projects across North America and the GCC region, serving both the public and private sectors.
He currently serves as the Managing Partner at West Gulf Trading Company. Mr. Faisal holds a Bachelor of Science in Engineering (B.S.E.), with a specialization in Civil Engineering, from Arizona State University, USA. He is a licensed Professional Engineer (PE) and a member of the Kuwait Society of Engineers.
Prior to his current role, Mr. Faisal worked with INJAZZAT Real Estate Development Company in Kuwait, where he led numerous high-profile projects throughout the GCC.
About URC
ÀÖ¾ºÌåÓýµÇ¼ƽ̨ Real Estate Company. K.S.C.P (URC) is one of the leading real estate
developers in Kuwait and the MENA region, with consolidated assets of Approx. KD 675 million (US$ 2.2 Billion) as of 31 March 2025. Headquartered in Kuwait,
URC was founded in 1973 and was listed on the Kuwait Stock Exchange in 1984.
URC primarily operates through a number of operating subsidiaries and
investment arms across the MENA region. URC's core business is real estate
development and operations and enjoys a diversified portfolio of assets that
include retail complexes, hotels, residential properties, and high-rise office
buildings.
URC’s operations extend to construction and contracting services, facility
management, and project management through its several subsidiaries. URC's
portfolio of assets is geographically spread throughout the MENA region and
includes Marina World, Marina Hotel, and KIPCO Tower in Kuwait, Salalah Gardens
Mall & Residences in Oman, Abdali Mall in Jordan, Raouche View 1090 in
Lebanon, Hilton Cairo Heliopolis & Waldorf Astoria Hotels, and Aswar
Residences in Egypt, and Assoufid development including a golf resort,
five-star hotel, and premium residences in Morocco.
URC is the real estate arm of its majority shareholder, Kuwait Projects
Company – Holding (KIPCO Group), a holding company that focuses on investments
in the Middle East and North Africa. It’s strategy of acquiring, building,
scaling and selling companies in the MENA region has worked successfully for
over 30 years. KIPCO’s main business sectors are financial services, media,
real estate, and industry. KIPCO’s financial service interests include holdings
in commercial banks, insurance companies, asset management, and investment
banking.
Contact Info
Salem Al Khulaqi
VP - Corporate Communication –
ÀÖ¾ºÌåÓýµÇ¼ƽ̨ Real Estate Company
T (+965) 2295 3671
F (+965) 2244 1003
[email protected]