- EFFECT

Kuwait Stock Exchange (State of Kuwait)
0 Last Update 21/07/2026 15:50 KSA
 
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At a Glance

Activities

Al Safat Real Estate Company (also known as EFFECT) is a public company, based in Kuwait City (Kuwait) and was established in December 2003. EFFECT is listed on the Boursa Kuwait since April 2008. It is a Sharia-compliant real estate property investment, development, and management company specializing in buying, selling, and developing real estate. The company is primarily engaged in contracting, managing, and maintaining real estate and touristic projects, along with money and precious metal transport. The firm operates under two business segments:the realestate segment, which is responsible for owning, selling, buying, developing and managing real estate; and the investment management segment, which involves in investing its surplus funds in portfolios, in compliance with the Islamic Sharia. It is also responsible for incorporating or acquiring subsidiaries and associates, and maintaininga steady capital requirement for the company. It has 2 subsidiaries operating across the country. Furthermore, the firm also offers real estate business consulting services, and organizes real estate exhibitions and auctions.

Board of Directors:

  • Chairman:
    Fawzi I. A. Al Mekaimi
  • Vice-chairman:
    Saheb S. Khaja
  • CEO:
    Adel A. H. Al Ameeri
  • Board Members:

    Adel A. H. Al Ameeri

    Khalid M. S. Al Fadaghi

    Mishari A. A. Al Mulla

  • Auditors:

    Anwar Al Qatami & Co. Grant Thornton

Recent Profit / Loss Announcements

Announced On Period As Of Net Profit (SAR Mil) Growth (%)
11/09/2018 6-Month 31/07/2018 00 0
25/04/2018 12-Month 31/01/2018 00 0
14/12/2017 9-Month 30/09/2017 00 0
13/09/2017 6-Month 31/07/2017 00 0
12/06/2017 3-Month 30/04/2017 00 0
Contact Details

Related GCC Companies (Real Estate)

Market Cap
US$ Mil		 Last Price
Local Cry		 Price Change (%)
1 Day		 Price Change (%)
1 Year		 P/E TTM P/B MRQ Dividend Yield (%) Beta ROA (%) ROE (%)
EMAAR 21,515.65 11.14 0.9 -26.64 4.05 1.81 0 1.47 5.88 13.37
ALDAR 16,265.58 7.64 0.52 -21.97 6.48 2.68 3.91 0.94 7.33 11.3
EMAARDEV 14,067.3 12.9 -0.16 -12.7 3.5 6.57 0 0.77 12.3 31.37
MASAR 6,878.19 17.63 -1.73 -24.18 29.71 0 0 0 0 0
ERES 6,067.11 0.85 1.19 -25 120 0.08 4.63 1.51 3.44 5.62
DARALARKAN 5,382.23 19.19 2.62 -4 17.05 1.01 0 1.08 1.02 1.47
JABALOMAR 4,953 15.7 -0.32 -20.25 11.89 1.31 0 0.9 2.5 5.82
TECOM 4,586.57 3.36 -0.3 -0.88 7.92 0 0 0 0 0
MCDC 4,474.54 84.1 0.17 1.57 34.53 1.71 0 0.57 3.52 3.74
DUBAIRESI 4,458.64 1.28 1.58 -0.79 5.42 0 0 0 0 0
MABANEE 4,233.6 921 -0.44 4.76 20.39 0 1.32 0.19 6.43 13.18
BRES 2,458.24 2.33 0.43 -17.44 7.28 0.05 7.53 1.17 4.53 7.2
CENOMICENTERS 2,049.45 16.23 0.24 -24.94 6.12 0 0 0 0 0
ALAKARIA 1,763.9 17.45 -1.14 -3.6 8.63 0.57 0 1.07 1.26 2.55
RETAL 1,501.73 11.24 -0.27 -26.1 17.88 0 0 0 0 0
EMAAREC 1,362.41 9.68 -0.93 -26.04 -130.61 1.15 0 1.03 -0.9 -1.95
TAIBA 1,272.32 18.46 0.7 -11.08 25.71 0.8 0 0.62 5.24 6.13
URC 1,255.99 290 3.57 55.56 96.57 0 8.39 0.17 0.7 2.18
KEC 1,251.46 14.6 5.49 8.46 -146.3 1.25 0 1.15 -0.14 -0.14
DEYAAR 1,163.85 0.74 0 -27.45 5.21 0.9 0 1.25 2 2.61
ALTIJARIA 1,143.37 195 0 1.56 18.16 0 5.92 0.18 3.5 6.32
ARDCO 1,119.05 17.77 -1.01 -41.72 13.79 1.29 0 0.76 6.14 9.23
KRE 1,009.94 339 -0.3 -6.85 13.2 0 0 0.33 1.73 3.25
NRE 943.01 134 -2.19 58.38 -2.26 0 0 0.39 3.19 7.88
RAKPROP 890.09 1.1 0.91 -25.85 8.69 0.51 8.33 0.77 3.34 4.48
UDCD 838.83 0.88 1.14 -17.14 7.57 0.03 8.5 0.74 3.33 5.58
SRE 784.94 399 0.25 -4.78 33.29 0 5.86 0.08 5.24 10.86
ANAN 742.84 1.18 0 -71.01 57.28 0 0 0 0 0
UPP 723.92 0.62 0 -28.74 5.68 0.86 0 1.14 -40.05 -80.97
ALRAMZRE 609.33 53 -0.66 0 7.54 0 0 0 0 0
ALRAJHIREIT 604.49 8.2 -0.37 -0.6 15.39 0 0 0.16 0 0
TAM 546.69 412 -0.73 7.79 5.89 0 3.82 0.05 1.54 5.28
ALMAJDIAH 544.46 6.76 -0.74 0 9.71 0 0 0 0 0
JADWAREITSAUDI 521.9 10.47 -0.29 3.04 0 0 0 0.31 0 0
BONYANREIT 440.15 10.12 -0.2 10.7 15.93 0 0 0.33 0 0
SEDCOCAPITALREIT 396.07 7.91 -0.51 11.66 18.75 0 0 0.33 0 0
AMCREIT 365.84 1.12 0 -17.04 14.05 2.98 0 0 5.42 11.86
SUMOU 357.91 26.62 -0.9 -31.2 9.06 0 0 0 0 0
ALANDALUS 354.94 14.39 0.84 -28.29 -202.99 1.04 0 0.99 10.22 12.88
LADUN 345.12 2.8 8.1 -23.6 -23.38 0 0 0 0 0
ESHRAQ 343.54 0.48 2.12 -12.96 14.42 0.57 0 0.7 -26.82 -27.33
ARKAN 312.64 300 -1.97 68.13 34.26 0 10.11 0.1 6.41 10.54
AAYANRE 265.93 195 0 80.56 17.93 0 10.49 0.26 2.33 3.66
ALAHLIREIT1 242.58 6.6 -0.31 -4.06 43.27 0 0 0.28 0 0
MUNSHAAT 237.71 226 0.44 15.38 5.32 0 0 0.43 -4.43 -9.15
ARABREC 226.7 179 0 46.72 -120.8 0 0 0.46 -3.97 -11.07
RIYADREIT 225.58 4.88 -1.02 -6.1 -62.88 0 0 0 0 0
ALINMAHOSPITALITYREI 220.73 8.14 0.24 -0.37 16.92 0 0 0 0 0
MANAZEL 219.39 0.32 3.22 -11.43 0 0 0 0 0 0
TIJARA 218.51 183 1.66 128.43 31.06 0 5.27 0.19 0.82 1.39
ALKHABEERREIT 214.95 5.72 0 0 21.53 0 0 0 0 0
REDSEA 213.52 25.54 -3.63 -36.33 -31.63 1.64 0 1.02 0.37 0.57
AREEC 211.39 309 0.32 16.23 10.38 0 3.47 0.09 1.87 2.09
INMAR 202.11 18.82 -0.74 -19.32 8.48 0 0 0 0 0
INJAZZAT 171.24 156 3.31 36.04 18.51 0 6.43 0.13 3.58 6.26
FIRSTAVENUE 169.36 3.03 -2.26 -49.59 5.83 0 0 0 0 0
MSGA 167.89 5.67 0 0 0 0 0 0 0 0
BANAN 163.1 3.08 0.65 -29.66 13.25 0 0 0 0 0
SOKOUK 156.61 84.6 1.31 29.26 6.29 0 0 0.5 -3.86 -5.61
DERAYAHREIT 156.15 5.43 -0.37 -0.55 67.12 0 0 0.18 0 0
MRDS 152.49 0.56 0 -8.2 15.82 0.04 0 0.96 0.81 1.24
KBT 152.15 80.1 -1.72 -28.51 15.65 0 10 0.33 5.08 5.61
ALINMARETAILREIT 151.89 4.81 -0.42 7.81 -27.13 0 0 0 0 0
KICO 148.34 5.19 0 -8.95 -499.04 1.63 0 0.1 9.96 0
ALMAATHERREIT 148.01 9 -0.56 -1.84 16.32 0 0 0.35 0 0
SEEF 145.75 0.12 0 0 10.08 0.46 5.83 0.26 7.26 8.37
TALEEMREIT 142.17 10.46 0 10.69 15.81 0 0 0.51 0 0
ERESCO 141.46 125 1.62 49.64 13.81 0 0 0.24 -9.1 -14.64
SANAM 129.5 357 -0.28 61.26 16.77 0 0 0.22 -1.99 -2.01
MULKIAREIT 127.76 4.61 -0.22 -2.94 -16.9 0 0 0.2 0 0
MAZAYA 126.9 76 -0.4 1.06 21.49 0 6.69 0.3 4.42 9.5
ADEER 123.92 92 -1.08 2.2 4.5 0 0 0 0 0
ALISTITHMARREIT 113.83 7.5 6.23 -15.75 0 0 0 0 0 0
ARGAN 111.9 122 4.27 11.43 -5.97 0 6.23 0.09 3.39 6.35
BHMCAPITAL 111.06 1.02 0 -22.73 9.47 0 0 0 0 0
THURAYA 102.86 208 -2.81 -20.45 150.01 0 0 0 -10.43 -17.77
INOVEST.KW 100.05 100.6 0 -3.27 0 0 0 0.27 0 0
MUSHARAKAREIT 87.48 3.69 -1.08 -12.44 -2.99 0 0 0.3 0 0
MAZAYA.DFM 86.25 0.85 0 -13.27 0 0 0 -0.11 0 0
JADWAREITALHARAMAIN 85.66 4.88 0.2 -9.14 0 0 0 0 0 0
MARAKEZ 82.4 179 -1.11 -85.49 9.09 0 0 0.22 0.06 0.08
ALAZIZIAHREIT 76.42 5.01 0 16.78 -309.26 0 0 0 0 0
AQAR 74.31 103 1.98 23.93 16.48 0 7.89 0.03 6.19 6.89
OSOS 73.45 200 -2.44 13.89 9.29 0 6.08 0.17 -6.35 -10.1
HAWYIA 68.76 12.9 0 8.04 9.13 0 0 0 0 0
MEFICREIT 65.42 3.35 0 -7.97 683.67 0 0 1.27 0 0
MASHAER 63.68 120 -0.83 -2.42 10.43 0 14.42 0.66 4.71 6.19
HAMADBINSAEDAN 62.38 8.46 2.05 0 42.12 0 0 0 0 0
ASASMAKEEN 56.36 21.15 0 -39.1 1.63 0 0 0 0 0
MENA 50.8 112 -0.89 -11.72 -60.82 0 0 0.38 -2.38 -3.06
ALWAHAREIT 49.58 9.23 -1.81 -15.47 13.51 0 0 0 0 0
ARAM 42.74 1.99 0 35.37 11.92 0 0 0 0 0
SAHS 42.34 2.8 0 0 8.26 0.81 0 -0.07 9.47 12.41
ALAQARIA 41.54 67.6 0.44 1.97 4.17 0 0 0.33 0.24 0.7
ALJAZIRAREIT 34.84 11.07 -0.1 -17.5 0 0 0 0.75 0 0
EBRIT 31.37 0.06 0 0 19.35 0 0 0 0 0
CPARK 29.71 0.16 0 6.67 15.84 0.88 3.63 -0.07 6.17 6.38
SIHC 23.33 0.1 0 25 2.84 0.72 0 1.79 4.34 4.59
DALQANRE 22.58 104 0 -65.9 2.82 0 0 0 2.49 2.53
VIEW 21.02 2.35 -1.68 -20.33 7.31 0 0 0 0 0
MASAKEN 17.87 55.4 0 1.28 -1.12 0 0 0 -6.27 -13.12
ALSHAMEL 0 0 0 0 0 0 0 0 -3.73 -4.47
AJWAN 0 0 0 0 0 0 0 0 -0.47 -0.51
FLE 0 0 0 0 0 0 0 0 -4.14 -5.59
EFFECT 0 0 0 0 0 0 0 0 -5.7 -5.9
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