Kuwait Resorts Company - a Kuwaiti public shareholding company (the “Parent Company”) was established in the State of Kuwait, under Memorandum of Association No. 4179 dated August 7, 2002, and the parent company was registered in the Commercial Register on September 22, 2002, under No. 91093.

The company activities include owning and managing, leasing, and leasing hotels, health clubs, and tourist facilities - managing, operating, investing, clubs, motels, guest houses, rest houses, parks, gardens, exhibitions, restaurants, cafeterias, residential complexes, tourist, and health resorts, recreational and sports projects, and stores, at various grades and levels, including all original services, assistance, and ancillary facilities. and other services necessary for it - owning, selling, and buying real estate and lands and developing them for the company’s account inside and outside the State of Kuwait, as well as managing the properties of others, and all of this in a manner that does not contravene the provisions stipulated in the existing laws and what is prohibited from trading in private housing vouchers as stipulated in these laws. Laws - Owning and managing commercial markets and residential complexes - Direct contribution to establishing the infrastructure for residential, commercial and industrial areas and projects with the (Build, Operate and Transfer) (B.O.T) system and management of real estate facilities with the (B.O.T) system - The company is committed to implementing all its purposes with the provisions of Islamic Sharia in accordance with what is decided by the Supervisory Board The legitimacy of the company.

Providing the highest level of excellence and enriching the real estate market in the State of Kuwait and expanding to the world through distinguished hotel services and real estate development under high quality standards. And the adoption of governance and our experts in the company as essential elements to maximize the wealth of our shareholders.

Our successes were established as a result of building a strong organizational structure for the company with the continuous support of successive boards of directors with high expertise and competencies in the hotel, real estate and investment services sectors during their periods of operation, and set out to achieve continuous and successive successes since 2002, through the development and implementation of a conservative and promising strategic plan for expansion and development And investment, which achieved strong financial results according to practical and innovative solutions that are flexible enough to meet the changing needs of its customers as well as face challenges and explore new horizons in order to benefit our shareholders, partners and the communities in which we operate. We are also committed to our shareholders maintaining continuous growth rates, enhance profit margins, and manage cash flows Achieving the optimal return on invested capital to achieve quality and value. And following low-risk policies and strategies that work to acquire good assets and maintain balance and diversification in our real estate investments between income-generating real estate and strategic assets, which achieves increased growth and creates sustainable added value for our shareholders and partners.

• Sustainability: MUNTAZAHAT conduct their business to serve the welfare of our economy, our shareholders, and stakeholders by preserving revenue and driving prosperity.

• Innovation: We are committed to continually enhancing our services by embracing creativity and encouraging the pursuit of new opportunities.

• Integrity: Honesty is an essential part of our business conduct and how we deal with stakeholders, customers, and tenants.

• Adaptability: Being flexible and responsive to change is crucial in a dynamic business environment.

• Time Management: At MUNTAZAHAT, we recognize the critical importance of time as a finite and valuable resource. We are committed to optimizing our time management practices across all levels of the organization.

• Governance: It is the conscience of every person as it grows and matures to the stage of compliance with the laws and instructions issued by the company and the regulatory authorities, and its positive impact is reflected on the personal and professional levels.

• Ethics: respect for work and colleagues and discipline.