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Al Mazaya Holding organizes its annual Ghabka Ramadan at Sheraton Hotel

Al Mazaya Holding organised its annual Ghabka Ramadan (annual employee gathering in Ramadan) at Sheraton Hotel, Kuwait, in the presence of Board Chairman Rashid Al Nafisi, Chief Executive Officer Ibrahim Al Saq’abi and all the company’s directors and employees. The event was a joyful jam-packed social gathering along with festive surprises.

In the beginning, Board Chairman Al Nafisi welcomed the attendees and extended his sincere thanks to all of them for their participation at the annual gathering. He said it reflects the importance the company attaches to maintain positive and constructive channels of communication with its human wealth and to strengthen social bonds between the employees behind office walls.

Al Nafisi urged the employees to double their efforts and enhance contributions to further advance the prestigious stature attained by Al Mazaya Holding in the real estate sector in Kuwait and across the Gulf region. First of all thanks to Almighty Allah for achieving this prominent standing, he said, adding that it is the result of the combined efforts made by all the employees, bar none.

The event witnessed exciting raffle draws with valuable prizes that were greatly appreciated by the attendees who also enjoyed a distinguished open Iftar buffet.

It’s noteworthy that Al Mazaya Holding has been ranked among the top 50 listed influential companies on the Kuwait Stock Exchange by Forbes Middle East. The announcement was made at the annual ceremony organized by the leading magazine under the patronage of Sheikh Mohammad Abdullah Al-Mubarak Al-Sabah, Minister of State for Cabinet Affairs, and Acting Minister of Information who presented the award in the presence of Dr Nasser Bin Aqeel Al Tayyar, President and Publisher of Arab Publisher House, and Publisher of Forbes Middle East.

The much-coveted recognition comes in acknowledgement of the multifaceted and geographically diverse portfolio of different property types launched in a number of GCC and Arab countries by Al Mazaya Holding, which is considered one of the leading companies listed in Kuwait and across the Gulf region.

Al Mazaya Group provides an eminent business model that combines between property rental, leasing and sales and adopts a clear-cut strategic plan based on accuracy and transparency in disclosure of its targets, revenues and financial statements which are updated on a regular quarterly basis in line with the company’s operations across the fiscal year. Over the years, the company has been posting a significant growth in terms of revenues created from its income-generating and diversified projects launched in different markets under its enviable brand recognition across the region.

The Group boasts a resilient financial position that enables its companies to honour all its short-term and long-term loan obligations timely and to safeguard the interest of its investors and shareholders. Towards this end, the company is keen to build bridges of trust with its investors, providing them streamlined access to all of its financial and risk management data that define the level of risk in a comprehensive and concise way to ensure transparency.