Reach the largest women's health institute by the end of 2018



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  • Al-Rifai: 99% completion of Leifles Tower in Arabian Gulf Street
  • Talal Al-Sabah: Purchase of land in Salmiya with 6.9 million dinars to develop a commercial complex [19659004] The financial results of the company for the year ended December 31, 2017, at its meeting yesterday, showed financial results of 4.8 million KD, against 5.5 million KD in 2016. Total assets amounted to 73.5 million dinars against 51.5 million dinars In 2016, increase of 22 million dinars, and gross profit of 7.3 million dinars, an increase 467 thousand dinars.

    The results show a total equity of 35.9 million dinars, an increase of 4.2 million dinars, a net profit of 4.2 million dinars and a profit per share attributable to shareholders of 20.99 wires.

    The Ordinary General Meeting approved the financial statements and distributed 5% of the free shares of the company's capital of 1.050 million KD The Extraordinary General Meeting was also postponed to another date for lack of a legal quorum .

    In this regard, President Nawaf Al-Rifai said that in 2017, the company has implemented and developed the ambitions and aspirations of shareholders of the company through two main axes: existing business and add new business and investments to the business. The project is a women's health project under construction with an area of ​​9, 000 square meters, which is expected to be completed by the end of 2018. This will be the largest women's club in terms of area, so to reach the highest level of competition.

    Al-Rifai explained that 99% of the Leifles Tower project on Arabian Gulf Street in Salmiya has been completed and that the tower is currently operated sequentially according to a certain mechanism organized by the company to be a elite client.

    Rifai adds that the company bought a land coupon in the province of 1.6 million dinars to develop a health institute for men.

    For his part, the CEO, Sheikh Talal Al-Sabah, said that the Institute for Women's Health was part of an expanded plan to attract participants. Women have needs and special arrangements in their health facilities beyond the needs of the male health institutes, and the number of women is higher as a population structure, which requires more space for their services, including recreational and sports. The Women & # 39; s Health Club will offer a new type of service that will be offered for the first time at the Women's Health Institutes in Kuwait.

    Talal Al-Sabah announced that the company had acquired two parcels in Hissa Al Mubarak, Kuwait's first and most complete, thanks to its unique location overlooking the sea and its proximity to the commercial and financial center of Kuwait. , Health Clubs, one for children and the other for women, in addition to other activities that the company considers appropriate for the development of construction in the area up to ############################################################################### 39 at the end of this year.

    Regarding the Leifles tower in the Salmiya area, Al Sabah said that the company has a lot of rental requests in the tower, but the company is studying these requests to be able to select customers with a special character for towers. A level of hotel and investment standards.

    Al-Sabah reported that the company began to work in the commercial area of ​​Salmiya, worth 6.9 million dinars for the development of a commercial complex located in Salim Al-Mubarak Street, opposite Sultan Salmiya Center.

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Source: Newspaper News