Arab Real Estate Company KSCC (ARABREC) - Company Capsule
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Arab Real Estate Company KSCC (AREC) is a real estate development and investment company. The company undertakes construction and contracts of building structures such as residential, hotels and leisure and commercial centers. It purchases and sells land properties. AREC's local projects include Al Arabiya Tower, Crystal Tower, Farwaniya Residence, Stay Bridge Hotel and Souk Al Haraj. The company has proposed two mega project concepts, such as Failaka Island and Khor Al Deira. AREC is headquartered in Sharq, Kuwait.