Manazel Holding Company KSCP. Stock Analysis MANAZEL.KW

Manazel Holding Co. engages in the real estate development business. The firm operates through two business segments: Real Estate and Investment. The Real Estate segment is engaged in the ownership, sale, purchase and development of real estate and land, as well as property management. The Investment segment is engaged in investment and portfolios managed by specialized companies. The firm carries out its activities in accordance with Islamic sharia principles. The Company’s subsidiaries include Manazel Real Estate Developments and Manazel Developments, which are engaged in residential, commercial, industrial and touristic property investment, development and sale. The Company’s projects include Layan Project, Al Zahraa project, Sura Project, Fintas House project, among others.