News & Events

Al-Riyada Finance & Investment Co. realizes significant returns approximating 22% for the company and its clients of invested capital. This significant realization of profit comes as a result of the company’s exit from its investment in Al-Liwan Mall located at the state of Kuwait - Eqaila area. The mall covers an area of 5,592 sm. With total exit value of KD 30 Million.
Mr. Muhanad Al-Sane, Chairman & Managing Director, stated that “Al-Riyada”, since inception in 2008, has focused on the achievement of it..

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Al-Riyada Finance & Investment Co. general assembly in its meeting held on Monday 17th September 2012 in presence of a quorum representing 88.05% of the shareholders, has resolved not to distribute any dividends to shareholders for the financial year 2011.
 
Al-Riyada Finance & Investment Co. Posts KD 210 Thousand profit for the year 2011 
Mr. Mohannad Al-Sane, Chairman & Managing Director - Al-Riyada Finance & Investment Co. stated that the company has achieved positive results fo..

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Al-Riyada Finance & Investment Co. KSC (Closed) ordinary general assembly held its third meeting on Wednesday 8/6/2011 in presence of full quorum, chaired by the company’s chairman and managing director Mohannad Mohammed Al-Sane at the company’s head office.
The company’s chairman and managing director Mr. Mohannad Al-Sane emphasized that the meeting comprised reviewing, discussion and approval of auditors’ report, board report for the year 2010, balance sheet, and statement of profit and loss for the secon..

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Mr. Mohannad Al-Sane, Chairman & Managing Director of Al-Riyada Finance & Investment Co. revealed that the company is in the process of entering projects and issuing new investment products within the next few weeks. These projects are considered as the opening activities of the company inside and outside Kuwait. He added that one of the first opening products would be the finance of a unique real estate activity inside Kuwait which shall be announced in the near future. Al-Sane said that the company, after being established with a KD..

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Chairman & Managing Director of Al-Riyada Finance & Investment Co. Mr. Mohannad Al-Sane announced that Al-Riyada Finance & Investment Co. is incorporated with a KD 15 Million capital fully paid up by the owners. He indicated that this company would be the finance and investment arm of Shuwaik Gate Holding Co. in its capacity as the major shareholder owning approximately 40% of the company’s capital. Mr. Al-Sane added that the company has adopted a Sharia compliant method in conducting its activities whereas th..

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The Ministry of Commerce and Industry has approved the incorporation of Al-Riyada Finance Co. with a KD 15 Million capital in which Shuwiekh Gate Real estate Co. share approximates 40% while remaining shares belong to other shareholders. The new company operates based on Sharia regulations and conducts the following activities: invests in real estate, industrial and cultural sectors, participates in the incorporation of specialized companies or the purchase of shares and bonds of such companies in various sectors, manages funds of public an..

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