In the name of Allah, the Most Gracious, the Most Merciful It is my honor to welcome you to the official site of The Commercial Real Estate Development Company, one of the companies owned by the Commercial Real Estate Company, ‘Al-Tijaria – Kuwait’, which was established in the State of Kuwait in 1968. As ‘Al-Tijaria – Kuwait’ is approaching their 5th decade of establishment, it continues to give back and at the same time, achieve regional and geographical expansions through the launch of The Commercial Real Estate Development Company in the Kingdom of Bahrain – ‘Al-Tijaria – Bahrain’ in the mid of 2014. Stemming from the belief of ‘Al-Tijaria – Kuwait’ of the importance of construction on earth, and in order to achieve this goal, a powerful organizational structure has been built with continuous support from the consecutive, highly qualified and efficient Board of Directors, since 2000. This is in addition to the placement of conservative and promising strategic plans for expansion, development, and investments, which have resulted in the great financial outcomes ahead of the real estate companies in Kuwait and within the GCC region. This success was supported by human resources that are professional and highly capable in achievements and teamwork accomplishments in order to implement and achieve the company's vision and strategies by creating practical and innovative solutions that excel in their flexibilities to meet the variable needs of its clients, as well as overcome challenges and discover innovative horizons that would in turn benefit its shareholders, partners, and the communities we work with. ‘Al-Tijaria – Kuwait’ over the years, enhanced its position as a leading real estate pillar that soon became a part and parcel of the entire urban boom that the State of Kuwait has since been experiencing. Today, as we are commencing our projects in the Kingdom of Bahrain, we are continuing that successful career, renewing the covenant that we committed ourselves to, which relies on dedication, innovation, and improvement for a better future filled with achievements and innovative real-estate solutions to meet the requirements of our clients offering real estate projects (residential and commercial) of high quality that would bring prosperity. This is in line waith our ambitions of becoming a proactive element in supporting the economy of the Kingdom of Bahrain, creating job opportunities, and offering various real estate services to guarantee a bright future for our sons and daughters, the youth of the Kingdom of Bahrain.
CHAIRMAN
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Mr. Abdulfatah Marafie’s eventful career was launched in 1980, after earning a Bachelor's Degree of Commerce in Administrative Sciences- Industrial Management from the Kuwait University. He served as a Diplomat at the Ministry of Foreign Affairs and was a member of the Permanent Mission of the State of Kuwait to the United Nations.
With an excellent experience of over 36 years, Mr. Marafie has distinguished himself in various fields, prominently real estate. Due to substantial achievements over the course of his career, he was selected to assume numerous leadership positions.
Today, he mans the helm of nine major institutions –four operating in Kuwait, three in the Arab Gulf region and two in the Middle East and North Africa region. He is a founding shareholder of Venture Capital Bank and Chairman of its Board of Directors.
Mr. Marafi holds a variety of positions in the public and private sectors currently, including Chairman of Al-Tijaria Real Estate Company Board of Directors (Kuwait), Chairman of the Board and General Manager of Mozon Investment Holding Company (Morocco), and Chairman of the Board of Al-Tijaria Real Estate Development Company (Bahrain). He is a member of the boards of Amar Finance and Leasing Company (Kuwait), Venture Capital Bank and Bayan Realty Company (Saudi Arabia). As for the public sector, Mr. Marafi also occupies board membership of both the Public Institution for Social Security and the Supreme Council for Planning in Kuwait.
Moreover, Mr. Marafi was selected to fill many advisory and board member positions within government institutions in Kuwait, by virtue of his diligence and competence. He was on the boards of the Institution Transactions Settlement Establishment on credit for Commercial and Real Estateand the Supreme Council for Petrol, the National Council and the Advisory Board of the Faculty of Commerce, Economics and Political Science at Kuwait University, Gulf Projects Investment Company, Tamdeen Real Estate Company, Commercial Bank of Kuwait, the Fund of Awqaf for Social and Scientific Development. Mr. Marafi also held membership in the Board of the Center for Strategic and Future Studies, in addition to the Board of the Kuwait University under a governmental decision.
A Gulf University alumni with a Bachelor's Degree in English, Mr. Adwan Mohammad Aladwani has an illustrious career in the fields of finance and real estate. In 1975, he assumed his first position as Director of Treasury Operations at Gulf Bank, Kuwait, which he held outstandingly for 7 years.
Mr. Aladwani then proceeded to expand his professional scope, broadening his portfolio and maturing in his career. His drive, dedication and natural skills led him to assume numerous positions of leadership with many prominent companies. He is currently the Board Chairman of Al Salmiya Group for Enterprise Development Co., Vice Chairman of The Commercial Real Estate Development Company, and Vice Chairman of the Board and Chairman of the Remuneration and Nomination Committee and Executive Committee member of The Commercial Real Estate Co.– Kuwait, and Vice Chairman, member of the Audit Committee and member of the Executive Committee of Bayan Realty Co, Member of the Board and Chairman of the Audit Committee and Chairman of the Executive and Investment Committee for the Industrial & Financial Investment Co.
In addition, Mr. Aladwani has memberships in the Boards of five other companies, namely Venture Capital Bank, Byrne Investment Limited Co., Mozon Investment Holding Company, i, and the Kuwait Resorts Co, where he also holds the positions of Chairman of the Remuneration and Nominations Committee and Vice Chairman of the Audit and Risk Committee.
Mr. Aladwani has furthermore assumed the chairmanship of the boards of several prestigious companies, including Afkar Holding Co, Omran Al Bahrain Real Estate Investment Co, and WARA Construction Co. He was also a board member of First Investment Bank, and Delmon Group Real Estate Investment Group, where he also served as the Managing Director.
Instilled with a strong notion to succeed and knowing how to make money in business, Mr. Ibrahim Mohammed Al-Ghanim began his professional career after being honored with a Bachelor's Degree in Marine Engineering from Maine Maritime Academy, United States.
Known for his valued views in entrepreneurship and business, Mr. Ibrahim is currently the Board Member of 11 companies. This is mainly attributed to his vast expertise in various fields, especially in the field of parks. Mr. Al-Ghanim launched his career in 1978 as the Director of Project Management and Operations in Kuwait Oil Tanker Company, where he worked for more than 14 years.
His extensive experience and deep appreciation for organizational values and community change, encouraged Arab Shipbuilding and Repair Yard to appoint him as a Board Member between the years 1990 and 1993, during which he moved to work in Chesapeake Shipping Co., Delaware as the Kuwait Vice President in 1992, a position he held for 12 years. During the same period, Mr. Ghanim served as Vice Chairman of the Board and the Executive Assistant to the Kuwait Oil Tanker Company. Today, Mr. Ghanim is an integral part of 12 facilities, three situated in the Kingdom of Bahrain and the rest in Kuwait, where he serves as the Chairman to the Board of Directors of Bahrain Resorts Company, Adhari Park Development Company, Al-Shuwaikh United Real Estate Co., in addition to being the Vice Chairman of the Board of Directors of Al Salmiya Group for Enterprise Development Co., Al Jahra Tourism Company, Hajar Tower Real Estate Company, as well as Kuwait Resorts Company. He simultaneously sits at the Board of Al-Tijaria Real Estate Development Company, The Commercial Real Estate Development Co., and the Lemissoler Maritime Company, in addition to holding the position as Chief Executive Officer of Kuwait Resorts Company and Al Salmiya Holding Co.