NREC has been a real estate investment and development pioneer since 1973 and listed on the Kuwait Stock Exchange since 1984. It was founded with a capital of KD5 million, NREC has developed into one of the largest real estate companies in Kuwait with assets and capital now exceeding KD618 million and KD81 million, respectively, to become one of the most actively traded companies in the KSE. Based in Kuwait, NREC houses subsidiaries, entities and developments that are spread throughout the region, including UAE, Egypt, Jordan, Lebanon, Iraq, Djibouti, and Libya.

NREC is committed to preserving its prominent reputation and outstanding regional presence by innovating strategic successful and effective partnerships that support the company’s solid foundation. The company also continuously strives to achieve the planned rates of development growth stipulated by the highly-qualified and highly professional board of directors and executives. Through a professional code of ethics that earns the trust of its shareholders and business partners, NREC focuses on its policies and procedures upon conducting visibility studies and research for all its projects as well as executing and managing such projects.

Without neglecting its responsibility towards society, NREC supports a broad range of social activities and initiatives that reflect its commitment to social responsibility in areas such as education, environment, health and social development and others.

This holistic approach in respect to business and social responsibility, together with its highly-competent team, and carefully studied strategic plans in addition to the support and trust of its shareholders and partners continues to contribute to NREC’s consistent march of success.