Draft:Tamdeen Group
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| Company type | Private |
|---|---|
Kuwait Stock Exchange:
| |
| Industry | Real estate |
| Founded | 1996 |
| Headquarters | Al Zahra , |
Key people |
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| Subsidiaries | Tamdeen Real Estate Company (K.S.C)[1], Tamdeen Investment Co., (K.S.C), Kuwait National Cinema Co. (K.P.S.C.), Tamdeen Mall Management Co., Tamdeen Sports Co., Tamdeen Entertainment Co., Tamdeen Advertising Co., British Industries Printing & Packaging, 360 Style Co. |
| Website | www |
Tamdeen Group (or Tamdeen) is a Kuwait-based real estate development and investment company established in 1996. The Group operates across various sectors, including real estate, retail, and entertainment, with several subsidiaries listed on the Kuwait Stock Exchange. The company has been involved in developing some of Kuwait's notable shopping and entertainment destinations, such as 360 Mall, Al Kout Mall, Al Khiran Mall, and The Warehouse Mall.[2] It also manages entertainment facilities like Cinescape cinemas and sports ventures, including the Rafa Nadal Academy in Kuwait.[3]
History
[edit]Tamdeen Group was founded in 1996 and has grown to become a significant player in Kuwait's real estate sector. Initially focusing on property development, the Group expanded its portfolio to include retail management, entertainment, and investment. As of [year], the Group's total assets were estimated to exceed KWD 1.2 billion, with a paid-up capital of over KWD 400 million.[4]
Since its establishment, Tamdeen has undertaken several large-scale projects, aligning its growth with the development of Kuwait's commercial and leisure sectors. The Group's commitment to creating mixed-use destinations has contributed to the evolving urban landscape in Kuwait.
Projects
[edit]Tamdeen Group is known for its involvement in several high-profile projects across Kuwait:
- 360 Mall: Opened in [year], 360 Mall is a prominent shopping and entertainment destination featuring luxury retail, dining, and recreational activities. The mall also houses the Rafa Nadal Academy, offering tennis training and related facilities.[5]
- Al Kout Mall: Part of the Al Kout development, this mall combines retail and entertainment, including waterfront dining and various family-friendly attractions.
- Al Khiran Mall: Located in the south of Kuwait, Al Khiran Mall is designed as a retail and leisure complex, catering to both local and regional visitors.
- The Warehouse Mall: A modern retail space with a focus on lifestyle brands and urban experiences.
Operations
[edit]Tamdeen's operations encompass various sectors, with a focus on real estate development, investment, and entertainment:
- Real Estate Development: The Group specializes in developing mixed-use projects that combine shopping, leisure, and residential components.
- Retail Management: Through its subsidiary Tamdeen Mall Management Co., the Group manages several shopping centers across Kuwait, enhancing customer experience and tenant relationships.
- Entertainment: Tamdeen owns and operates Cinescape, Kuwait's leading cinema chain, and manages sports ventures like the Rafa Nadal Academy.[6]
Key People
[edit]The Group's leadership team includes:
- Mohammed Jassim Al Marzouq: Chairman, overseeing strategic development and growth initiatives.
- Abdulwahab Marzouq Al Marzouq: Vice-Chairman, responsible for investment and corporate governance.
- Meshal Jassim Al Marzouq: Vice-Chairman, focusing on real estate operations and expansion.
References
[edit]- ^ https://www.forbesmiddleeast.com/lists/top-real-estate-developers-in-mena/tamdeen-real-estate-company/
- ^ https://www.rli.uk.com/tamdeen-group-great-places-exceptional-experiences/
- ^ https://www.arabianbusiness.com/gcc/kuwait/434524-tennis-star-rafa-nadal-to-open-kuwait-academy-in-2020
- ^ "About Tamdeen Group". Tamdeen Group.
- ^ https://www.tennisworldusa.org/tennis/news/Rafael_Nadal/80819/rafael-nadal-to-open-tennis-academy-in-kuwait-in-2020/
- ^ https://gulfnews.com/photos/sports/in-pictures-rafael-nadal-launches-new-tennis-academy-in-kuwait-1.1580989615594