Artificial Intelligence
Builders Company
Developers/Injazzat Real Estate Development
IR
Injazzat Real Estate DevelopmentKuwait City, Kuwait · founded 1998 · 1 active markets
PUBLIC LISTED

Injazzat develops and operates office towers, residential properties, retail and mixed-use commercial assets, land and BOT projects across Kuwait, the GCC, Europe and the United States for shareholders, investors, tenants and property users.

Years in business
28
founded 1998
LinkedIn headcount
20
employees, as shown on LinkedIn · size band 201–500
Portfolio value
KWD 58.1 million investment properties
2025
Projects last researched October 13, 2026
Every figure on this card was read out of a document.

Overview

Investor tear sheet

a summary of the tabs that follow · no rating of our own

Company dossier

Legal name
Injazzat Real Estate Development Company K.S.C.P.1
Headquarters
Arabian Gulf Street, Kuwait City1, Kuwait
Founded
19981
Entity type
PUBLIC LISTED1
Business model
commercial1, mixed use1, other1
Markets
5 markets listed
What they build
Retail (2 of 5) · Office (1 of 5) · Residential, for sale (1 of 5)
Full dossier in About →

Delivery record

5 date-assessed of 5 projects
Unverified by developer

AI-researched delivery record, not yet confirmed by the developer. Dates may be approximate; original sources are linked.

Completed projects from 2016-10-15 through 2026-10-15, with sufficient delivery-date evidence. Date assessment and developer profile verification do not mean an independent audit of every source. Original source links and available snippets are provided. May not represent the developer’s full portfolio. 0 undated and 0 boundary-uncertain completions are excluded. Delivery exceptions are listed separately under Projects.
Completed projects assessed
5
within the rolling ten-year window
Median delay
+12.0 mo
the middle of 5 scored projects
Average delay
+8.0 mo
the same projects, pulled by the worst
Average time to deliver
—
2 delivered projects with a dated start — needs 3
Worst slip
+13.5 mo
Jabal Ali First 599 – 7535 · +7.0 to +20.0
2
early or less than 6 months late
6 to 12 months late
2
yellow rows below
Over 12 months late
1
red rows below

Against other developers

5 date-assessed here · 6 developers, 23 date-assessed projects in Kuwait
Median delay
Injazzat Real Estate Development·6 developers in Kuwait
+12.0 mo vs +14.0 mo
this developer 2.0 mo better
The typical project on each side.
Average delay
Injazzat Real Estate Development·6 developers in Kuwait
+8.0 mo vs +17.1 mo
this developer 9.1 mo better
Both pulled by their worst few.
On time
Injazzat Real Estate Development·6 developers in Kuwait
40% vs 39%
this developer 1 pts better
Share of date-assessed projects delivered early or less than 6 months after the original target. Exactly 6 months late is excluded.
Projects and timelines in Track Record →

Resident experience

2 of 5 buildings rated · scale 1–10

AI research over published reviews and resident comments. Scores are a model’s reading of opinion, not figures stated on a page, and nothing here feeds any number above it. The links under each block are the pages that research says it used. Based on available resident reviews of covered buildings. These are reported experiences, not independent building inspections, and may not represent all residents or properties.

Overall verdict
8.7/ 10
Weighted judgment across build and operations · from 2 of 2 rated buildings
Little structure evidence (1 of 2 buildings) — this rests mainly on whole-building and living reviews.
Structure & systems
9.1/ 10
Fabric, services, waterproofing, envelope · from 1 of 2 rated buildings
Management & living
8.7/ 10
Upkeep, response times, amenities, community · from 2 of 2 rated buildings

Against other developers

not enough rated buildings yet
Not enough rated buildings in Kuwait yet to compare against.
Ratings by building →

Awards & recognition

  • GOVERNMENT RECOGNITION Winner Contract signed 6 December 2023; reported on the PAHW project page as current status
    South Khaitan Commercial Building investment opportunity (K1) · South Khaitan Commercial Building, Block 1
    PAHW records that the 22-year commercial-building contract was signed with Injazzat Real Estate Development Company K.S.C.P. for design, development, operation and management of the project.
    Public Authority for Housing Welfare (PAHW), Kuwait · https://pahw.gov.kw/K1_en
  • GOVERNMENT RECOGNITION Winner Commitment document signed 23 July 2025; current status on the PAHW project page
    J6-F Private School investment opportunity · J6-F Private School, Jaber Al-Ahmad City
    PAHW identifies the winning investor consortium as Global English International Holding Group and Injazzat Real Estate Development Company and records the commitment document for the 35-year school investment opportunity.
    Public Authority for Housing Welfare (PAHW), Kuwait · https://www.pahw.gov.kw/J6-F
All awards →

Risks & source coverage

  • LEGAL May 31, 2021; status reported as of September 30, 2021; later resolution reported for 2022 Injazzat reported that, in a dispute with Saif Belhasa Real Estate Establishment over a Dubai property sale agreement, the Dubai Court of Appeal on May 31, 2021 annulled the earlier judgment in Injazzat’s favour, revoked the agreement and ordered Injazzat to repay the AED 30 million advance plus legal costs and 9% interest; Injazzat appealed to the Court of Cassation, which suspended execution while the appeal was pending as of September 30, 2021. The company’s 2022 annual report subsequently stated that it obtained a court ruling enforcing a sale contract for an Al Jaddaf property and received the sale proceeds and compensation, indicating a later favourable resolution, although the retrieved sources do not identify whether this was the same proceeding.
  • DELIVERY DELAY 15 June 2023 commitment; status as of 13 October 2026 Injazzat Real Estate Development’s Catamaran Tower in Al-Mirqab, Kuwait City, was contracted for construction in June 2023 and was expected to be completed by mid-2026; the developer’s project page, reviewed as of 13 October 2026, still describes it as under construction, indicating delivery is overdue, although no abandonment or cancellation is documented.
Record status
active
Company sources
113 source entries across 113 fields
Projects tracked
5 · 5 completed in assessment
All flags and sources →

Track Record

Delivery record

5 date-assessed of 5 projects
Unverified by developer

AI-researched delivery record, not yet confirmed by the developer. Dates may be approximate; original sources are linked.

Completed projects from 2016-10-15 through 2026-10-15, with sufficient delivery-date evidence. Date assessment and developer profile verification do not mean an independent audit of every source. Original source links and available snippets are provided. May not represent the developer’s full portfolio. 0 undated and 0 boundary-uncertain completions are excluded. Delivery exceptions are listed separately under Projects.
Completed projects assessed
5
within the rolling ten-year window
Median delay
+12.0 mo
the middle of 5 scored projects
Average delay
+8.0 mo
the same projects, pulled by the worst
Average time to deliver
—
2 delivered projects with a dated start — needs 3
Worst slip
+13.5 mo
Jabal Ali First 599 – 7535 · +7.0 to +20.0
2
early or less than 6 months late
6 to 12 months late
2
yellow rows below
Over 12 months late
1
red rows below

Against other developers

5 date-assessed here · 6 developers, 23 date-assessed projects in Kuwait
Median delay
Injazzat Real Estate Development·6 developers in Kuwait
+12.0 mo vs +14.0 mo
this developer 2.0 mo better
The typical project on each side.
Average delay
Injazzat Real Estate Development·6 developers in Kuwait
+8.0 mo vs +17.1 mo
this developer 9.1 mo better
Both pulled by their worst few.
On time
Injazzat Real Estate Development·6 developers in Kuwait
40% vs 39%
this developer 1 pts better
Share of date-assessed projects delivered early or less than 6 months after the original target. Exactly 6 months late is excluded.
The market here is Kuwait: every other developer whose head office is in the same country, because planning regimes and reporting norms move together within one. It is not a city, a sector or a size band. Read the two delay figures together. A median close to the market with a much better average means no single disaster; the reverse means one project is carrying the record. Time to deliver runs from the earliest start we hold to the completion itself — a construction start where a source gave one, otherwise a sales launch, otherwise the launch year read as its January. A handover the sources place only inside a year is read as that December, so a duration is the widest the record allows rather than the flattering end of it. Only delivered projects dated at both ends count, so it is taken over fewer projects than the delay figures, and a long build is not a fault: a tower is not a villa run. Sourced figures only, both sides, and values taken from documents held on file are excluded here — a developer who shares their records should not score better than one who does not.

Construction start to handover

5 of 5 projects dated · 2 places
Based on covered projects with documented construction or launch dates and available handover dates. Timelines vary by project and may not represent the developer’s full portfolio.
Construction start, or the launchTarget completion (window)Completion or handover, as reportedCurrently statedLaunch year only, no date publishedEarly or ≤6 mo lateOver 6–12 mo lateOver 12 mo lateStalled
Kuwait City, Kuwait
Dubai, United Arab Emirates
201620172018201920202021202220232024202520262027todayKUWAIT CITY, KUWAITon timeverifiedDUBAI, UNITED ARAB EMIRATES+2.5 moverified+13.5 moverified+12 moverified+12 moverified
Click a row in the chart to open a project, or a table row below to see its sources. The chart runs wider than the page where the record spans many years — scroll it sideways to follow a project to its handover. Every date we have is drawn. A hollow marker is only a launch year, not a date anyone published. No dates published means we looked and found none; dates not yet checked means we have not looked yet. Handing over is not finished — rows say which. A delay is shown when one source gives the promised date and another gives the real one, however rough: "2019" still counts, and the row shows how wide that is. Projects missing one of the two dates, or with sources that disagree, are left out of the figures. 1 turned out to be about something else — a phase, a neighbour, the wider masterplan — and is marked off-subject.

Building & Livability Ratings

Resident experience

2 of 5 buildings rated · scale 1–10

AI research over published reviews and resident comments. Scores are a model’s reading of opinion, not figures stated on a page, and nothing here feeds any number above it. The links under each block are the pages that research says it used. Based on available resident reviews of covered buildings. These are reported experiences, not independent building inspections, and may not represent all residents or properties.

Overall verdict
8.7/ 10
Weighted judgment across build and operations · from 2 of 2 rated buildings
Little structure evidence (1 of 2 buildings) — this rests mainly on whole-building and living reviews.
Structure & systems
9.1/ 10
Fabric, services, waterproofing, envelope · from 1 of 2 rated buildings
Management & living
8.7/ 10
Upkeep, response times, amenities, community · from 2 of 2 rated buildings

Against other developers

not enough rated buildings yet
Not enough rated buildings in Kuwait yet to compare against.

By building

2 rated · 3 not rated · scale 1–10
ProjectOverallStructure & systemsManagement & living
Injazzat ResidenceAl Meydan Avenue, Dubai53 units
9.1/ 10
9.1/ 10
9.1/ 10

The building-specific Google aggregate of 4.7/5 from 23 reviews sets the level and converts to 9.1/10 under the supplied curve. The written comments reinforce strong finishing, views, amenities and service; the single moderate maintenance/tenancy complaint does not qualify as a recurring adjustment.

+ Good finishing+ Large layouts+ European-style interiors
+ Rooftop infinity pool+ Skyline and Burj Khalifa views+ Courtyard ambience+ Post-buy assistance+ Customer care
− Maintenance frequency complaint− Rude tenancy/renewal handling

The written feedback is positive about the physical product: reviewers mention “really good” finishing, “Beautiful finishing - very large layouts,” and European-style apartments. No review read reported leaks, flooding, HVAC, plumbing, electrical or lift failures, so no negative systems finding is made.

The daily-life picture is mixed but mostly positive: reviews call the courtyard and rooftop infinity-pool views “stunning,” and one reviewer describes “very good real estate provider” service and customer care. The principal negative is a July 2024 complaint that maintenance was not yearly and that the tenancy/renewal handler was “very rude”; this is one report, not a recurring theme.

Prime TowerSharq, Kuwait City
8.2/ 10
—/ 10
8.2/ 10

The building-specific Google aggregate of 4.4/5 from 27 reviews is the only published review rating located and therefore sets the level; on the stated conversion curve, 4.4/5 converts to 8.2/10. No recurring complaint or praise theme was established from the visible written comments, and no structural score is assigned because the published material did not provide resident evidence about physical systems.

+ Parking availability

no notes returned

no links returned

The published building record shows a 4.4/5 overall rating from 27 reviews, but the visible comments are mostly very short and do not meaningfully assess management, staff, security, amenities, or upkeep. The clearest operational comment is “Good place and there are parking lot behind it”; another reviewer said they “can’t say much about that place,” so the day-to-day evidence is limited.

Only buildings that have reached handover are rated. 3 of 5 projects carry no rating: a building still under construction is never asked about, one that has just been handed over may not have been reached yet, and the rest were asked about and no published resident commentary was found. Structure is fixed at handover and stays the developer's; management and living belongs to whoever runs the building now. The overall verdict weights both rather than averaging them. None of this is checked: a rating is what people published about a building, aggregated — it is not evidence, it cannot move a delay figure, and it is not part of the delivery record above.

About

Company dossier

Legal name
Injazzat Real Estate Development Company K.S.C.P.
Headquarters
Arabian Gulf Street, Kuwait City, Kuwait
Sharq · 13010
Founded
1998
KW
Entity type
PUBLIC LISTED
Revenue
KWD 7.04 million KD
year ended 31 December 2025
Business model
commercial, mixed use, other

Partners

1 partner
Public Authority for Housing Welfare
government partner

The authority awarded Injazzat the tender for the design, development, operation and management of a commercial building in South Khaitan and awarded an investment opportunity to a consortium including Injazzat for a private school in Jaber Al Ahmad.

Sources: name

FILINGdate not shown in source

Injazat Annual Report 2025

Injazzat Real Estate Development Company
The Public Authority for Housing Welfare awarded the Company the tender for the design, development, operation, and management of a commercial building in South Khaitan
value seen: Public Authority for Housing Welfare
https://www.injazzat.com/Runtime/Document/Injazat%20Annual%20report%202025%20En_Rev2.pdf

Sources: partner type

FILINGdate not shown in source

Injazat Annual Report 2025

Injazzat Real Estate Development Company
The Public Authority for Housing Welfare awarded the Company the tender for the design, development, operation, and management of a commercial building in South Khaitan
value seen: awarded the Company the tender
no listed category matches this wording, so it is shown as the source wrote it
held out of the figures · no listed category matches this wording
value paraphrased from this source
https://www.injazzat.com/Runtime/Document/Injazat%20Annual%20report%202025%20En_Rev2.pdf

Sources: summary

FILINGdate not shown in source

Injazat Annual Report 2025

Injazzat Real Estate Development Company
The Public Authority for Housing Welfare awarded the Company the tender for the design, development, operation, and management of a commercial building in South Khaitan
value seen: design, development, operation, and management of a commercial building in South Khaitan
https://www.injazzat.com/Runtime/Document/Injazat%20Annual%20report%202025%20En_Rev2.pdf

Registrations & licences

OTHER74138
Kuwait Chamber of Commerce and Industry (KCCI) · KW · ACTIVE
Jurisdiction-agnostic: a DLD number, a Companies House number and a state RERA registration all land in the same table.

Contact

Markets

5 countries
Kuwaitactive 1 project tracked
Bahrainunknown 0 projects tracked
United Arab Emiratesunknown 4 projects tracked
United Statesunknown 0 projects tracked
Germanyunknown 0 projects tracked

What they build

5 types
Retail2 of 5
Office1 of 5
Residential, for sale1 of 5
Mixed use1 of 5
Other1 of 5
A project counts once under each type it carries, so the shares add to more than the project count.

Management

Principals & executives

6 names found
KA
Khaled Abdullah Mirza
Independent chair elected in 2025. The company reports prior positions in Kuwait’s financial sector and 20 years of experience.
Current title
Chairman of the Board of Directors
since 17/04/2025
Experience
20+ years financial sector
Companies before
none sourced
Education
Modern Academy for Computer Science and Information TechnologyBachelor’s degree in management
Other boards
none sourced
Known for
ChairmanIndependent

Sources: degree

COMPANYdate not shown in source

Injazat Annual Report 2025

Injazzat/Rasameel/LinkedIn
Holds Bachelor’s degree in management from Modern Academy for Computer Science and Information Technology
value seen: Bachelor’s degree in management
https://www.injazzat.com/Runtime/Document/Injazat%20Annual%20report%202025%20En_Rev2.pdf

Sources: institution

COMPANYdate not shown in source

Injazat Annual Report 2025

Injazzat/Rasameel/LinkedIn
Holds Bachelor’s degree in management from Modern Academy for Computer Science and Information Technology
value seen: Modern Academy for Computer Science and Information Technology
https://www.injazzat.com/Runtime/Document/Injazat%20Annual%20report%202025%20En_Rev2.pdf

Sources: full name

COMPANYdate not shown in source

Injazat Annual Report 2025

Injazzat Real Estate Development Company
Mr. Khaled Abdullah Mirza – Chairman of the Board of Directors (Independent)
value seen: Khaled Abdullah Mirza
https://www.injazzat.com/Runtime/Document/Injazat%20Annual%20report%202025%20En_Rev2.pdf

Sources: role type

COMPANYdate not shown in source

Injazat Annual Report 2025

Injazzat Real Estate Development Company
Mr. Khaled Abdullah Mirza – Chairman of the Board of Directors (Independent)
value seen: Mr. Khaled Abdullah Mirza – Chairman of the Board of Directors (Independent)
no listed category matches this wording, so it is shown as the source wrote it
held out of the figures · no listed category matches this wording
value paraphrased from this source
https://www.injazzat.com/Runtime/Document/Injazat%20Annual%20report%202025%20En_Rev2.pdf

Sources: since

COMPANYdate not shown in source

Injazat Annual Report 2025

Injazzat Real Estate Development Company
Date of Election / Appointment: 17/04/2025
value seen: 17/04/2025
https://www.injazzat.com/Runtime/Document/Injazat%20Annual%20report%202025%20En_Rev2.pdf

Sources: summary

COMPANYdate not shown in source

Injazat Annual Report 2025

Injazzat/Rasameel/Yahoo Finance
The source states the role and background summarized here.
value seen: Independent chair elected in 2025. The company reports prior positions in Kuwait’s financial sector and 20 years of experience.
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://www.injazzat.com/Runtime/Document/Injazat%20Annual%20report%202025%20En_Rev2.pdf

Sources: tags

COMPANYdate not shown in source

Injazat Annual Report 2025

Injazzat/Rasameel/Yahoo Finance
Mr. Khaled Abdullah Mirza – Chairman of the Board of Directors (Independent)
value seen: Chairman
value paraphrased from this source
https://www.injazzat.com/Runtime/Document/Injazat%20Annual%20report%202025%20En_Rev2.pdf

Sources: tags

COMPANYdate not shown in source

Injazat Annual Report 2025

Injazzat/Rasameel/Yahoo Finance
Mr. Khaled Abdullah Mirza – Chairman of the Board of Directors (Independent)
value seen: Independent
value paraphrased from this source
https://www.injazzat.com/Runtime/Document/Injazat%20Annual%20report%202025%20En_Rev2.pdf

Sources: tags

COMPANYdate not shown in source

Injazat Annual Report 2025

Injazzat/Rasameel/Yahoo Finance
possesses professional experience spanning 20 years.
value seen: 20 years financial sector
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://www.injazzat.com/Runtime/Document/Injazat%20Annual%20report%202025%20En_Rev2.pdf

Sources: title

COMPANYdate not shown in source

Injazat Annual Report 2025

Injazzat Real Estate Development Company
Mr. Khaled Abdullah Mirza – Chairman of the Board of Directors (Independent)
value seen: Chairman of the Board of Directors
https://www.injazzat.com/Runtime/Document/Injazat%20Annual%20report%202025%20En_Rev2.pdf
TS
Talal Sultan Al-Shehab
Non-executive vice chair elected in 2025. His company biography reports more than 20 years across private, commercial, banking and investment sectors; an external profile identifies him as CEO of Al Masar Leasing and Investment.
Current title
Vice Chairman of the Board of Directors
since 17/04/2025
Experience
20+ years finance and investment
Companies before
none sourced
Education
Kuwait UniversityBachelor’s degree in Accounting
Other boards
Al Masar Leasing and Investment — CEO
Known for
Vice ChairmanNon-executive

Sources: degree

COMPANYdate not shown in source

Injazat Annual Report 2025

Injazzat/Rasameel/LinkedIn
Holds Bachelor’s degree in Accounting from Kuwait University
value seen: Bachelor’s degree in Accounting
https://www.injazzat.com/Runtime/Document/Injazat%20Annual%20report%202025%20En_Rev2.pdf

Sources: institution

COMPANYdate not shown in source

Injazat Annual Report 2025

Injazzat/Rasameel/LinkedIn
Holds Bachelor’s degree in Accounting from Kuwait University
value seen: Kuwait University
https://www.injazzat.com/Runtime/Document/Injazat%20Annual%20report%202025%20En_Rev2.pdf

Sources: full name

COMPANYdate not shown in source

Injazat Annual Report 2025

Injazzat Real Estate Development Company
Mr. Talal Sultan Al-Shehab – Vice Chairman of the Board of Directors (Non-Executive)
value seen: Talal Sultan Al-Shehab
https://www.injazzat.com/Runtime/Document/Injazat%20Annual%20report%202025%20En_Rev2.pdf

Sources: other boards

COMPANYdate not shown in source

Almowazi Capital

Almowazi Capital
His current position as CEO of Al Masar Leasing and Investment.
value seen: Al Masar Leasing and Investment — CEO
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://www.almowazicapital.com/en/board-members/7-talal/

Sources: role type

COMPANYdate not shown in source

Injazat Annual Report 2025

Injazzat Real Estate Development Company
Mr. Talal Sultan Al-Shehab – Vice Chairman of the Board of Directors (Non-Executive)
value seen: Mr. Talal Sultan Al-Shehab – Vice Chairman of the Board of Directors (Non-Executive)
no listed category matches this wording, so it is shown as the source wrote it
held out of the figures · no listed category matches this wording
value paraphrased from this source
https://www.injazzat.com/Runtime/Document/Injazat%20Annual%20report%202025%20En_Rev2.pdf

Sources: since

COMPANYdate not shown in source

Injazat Annual Report 2025

Injazzat Real Estate Development Company
Date of Election / Appointment: 17/04/2025
value seen: 17/04/2025
https://www.injazzat.com/Runtime/Document/Injazat%20Annual%20report%202025%20En_Rev2.pdf

Sources: summary

COMPANYdate not shown in source

Injazat Annual Report 2025

Injazzat/Rasameel/Yahoo Finance
The source states the role and background summarized here.
value seen: Non-executive vice chair elected in 2025. His company biography reports more than 20 years across private, commercial, banking and investment sectors; an external profile identifies him as CEO of Al Masar Leasing and Investment.
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://www.injazzat.com/Runtime/Document/Injazat%20Annual%20report%202025%20En_Rev2.pdf

Sources: tags

COMPANYdate not shown in source

Injazat Annual Report 2025

Injazzat/Rasameel/Yahoo Finance
Mr. Talal Sultan Al-Shehab – Vice Chairman of the Board of Directors (Non-Executive)
value seen: Vice Chairman
value paraphrased from this source
https://www.injazzat.com/Runtime/Document/Injazat%20Annual%20report%202025%20En_Rev2.pdf

Sources: tags

COMPANYdate not shown in source

Injazat Annual Report 2025

Injazzat/Rasameel/Yahoo Finance
Non-Executive
value seen: Non-executive
value paraphrased from this source
https://www.injazzat.com/Runtime/Document/Injazat%20Annual%20report%202025%20En_Rev2.pdf

Sources: tags

COMPANYdate not shown in source

Injazat Annual Report 2025

Injazzat/Rasameel/Yahoo Finance
professional experience exceeding 20 years in the private, commercial, banking and investment sectors.
value seen: 20+ years finance and investment
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://www.injazzat.com/Runtime/Document/Injazat%20Annual%20report%202025%20En_Rev2.pdf

Sources: title

COMPANYdate not shown in source

Injazat Annual Report 2025

Injazzat Real Estate Development Company
Mr. Talal Sultan Al-Shehab – Vice Chairman of the Board of Directors (Non-Executive)
value seen: Vice Chairman of the Board of Directors
https://www.injazzat.com/Runtime/Document/Injazat%20Annual%20report%202025%20En_Rev2.pdf
HJ
Hamad Jassem Al-Sadoun
Acting CEO since May 2025, leading general management. His professional profile records progression through Injazzat financial-analyst, investment, AGM-Investments and Deputy CEO roles, with work on GCC, European and US projects and due diligence.
Current title
Acting Chief Executive Officer
since May 2025 - Present
Experience
18+ years total experience
Companies before
First Real Estate Company
Education
University of Denver - Daniels College of BusinessB.S., Bachelor Of Science Business Administration
Other boards
First Real Estate Company — Vice Chairman
Known for
Acting CEOReal estate
https://linkedin.com/in/hamad-al-sadoun-75b66345

Sources: degree

SOCIALdate not shown in source

Hamad Al-Sadoun

Injazzat/Rasameel/LinkedIn
Holds B.S., Bachelor Of Science Business Administration from University of Denver - Daniels College of Business
value seen: B.S., Bachelor Of Science Business Administration
https://linkedin.com/in/hamad-al-sadoun-75b66345

Sources: institution

SOCIALdate not shown in source

Hamad Al-Sadoun

Injazzat/Rasameel/LinkedIn
Holds B.S., Bachelor Of Science Business Administration from University of Denver - Daniels College of Business
value seen: University of Denver - Daniels College of Business
https://linkedin.com/in/hamad-al-sadoun-75b66345

Sources: full name

SOCIALdate not shown in source

Hamad Al-Sadoun

Injazzat Real Estate Development Company · carried by linkedin.com
Acting CEO - Injazzat Real Estate Development (Current)
value seen: Hamad Jassem Al-Sadoun
held out of the figures · the quote does not carry this value
https://linkedin.com/in/hamad-al-sadoun-75b66345

Sources: linkedin page

SOCIALdate not shown in source

Hamad Al-Sadoun

LinkedIn
Acting CEO - Injazzat Real Estate Development (Current)
value seen: https://linkedin.com/in/hamad-al-sadoun-75b66345
https://linkedin.com/in/hamad-al-sadoun-75b66345

Sources: other boards

SOCIALdate not shown in source

Hamad Al-Sadoun

LinkedIn
### Vice Chairman - First Real Estate Company (Current)
value seen: First Real Estate Company — Vice Chairman
held out of the figures · the quote does not carry this value
https://linkedin.com/in/hamad-al-sadoun-75b66345

Sources: previous companies

SOCIALdate not shown in source

Hamad Al-Sadoun

LinkedIn
### First Real Estate Company
value seen: First Real Estate Company
https://linkedin.com/in/hamad-al-sadoun-75b66345

Sources: role type

SOCIALdate not shown in source

Hamad Al-Sadoun

Injazzat Real Estate Development Company · carried by linkedin.com
Acting CEO - Injazzat Real Estate Development (Current)
value seen: Acting CEO - Injazzat Real Estate Development (Current)
no listed category matches this wording, so it is shown as the source wrote it
held out of the figures · no listed category matches this wording
value paraphrased from this source
https://linkedin.com/in/hamad-al-sadoun-75b66345

Sources: since

SOCIALdate not shown in source

Hamad Al-Sadoun

Injazzat Real Estate Development Company · carried by linkedin.com
May 2025 - Present (1 year and 5 months) in Kuwait
value seen: May 2025 - Present
https://linkedin.com/in/hamad-al-sadoun-75b66345

Sources: summary

SOCIALdate not shown in source

Hamad Al-Sadoun

Injazzat/Rasameel/Yahoo Finance · carried by linkedin.com
The source states the role and background summarized here.
value seen: Acting CEO since May 2025, leading general management. His professional profile records progression through Injazzat financial-analyst, investment, AGM-Investments and Deputy CEO roles, with work on GCC, European and US projects and due diligence.
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://linkedin.com/in/hamad-al-sadoun-75b66345

Sources: tags

SOCIALdate not shown in source

Hamad Al-Sadoun

Injazzat/Rasameel/Yahoo Finance · carried by linkedin.com
Acting CEO - Injazzat Real Estate Development (Current)
value seen: Acting CEO
value paraphrased from this source
https://linkedin.com/in/hamad-al-sadoun-75b66345

Sources: tags

SOCIALdate not shown in source

Hamad Al-Sadoun

Injazzat/Rasameel/Yahoo Finance · carried by linkedin.com
history of working in the real estate industry.
value seen: Real estate
value paraphrased from this source
https://linkedin.com/in/hamad-al-sadoun-75b66345

Sources: tags

SOCIALdate not shown in source

Hamad Al-Sadoun

Injazzat/Rasameel/Yahoo Finance · carried by linkedin.com
Total Experience: 18 years
value seen: 18 years total experience
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://linkedin.com/in/hamad-al-sadoun-75b66345

Sources: title

SOCIALdate not shown in source

Hamad Al-Sadoun

Injazzat Real Estate Development Company · carried by linkedin.com
Acting CEO - Injazzat Real Estate Development (Current)
value seen: Acting Chief Executive Officer
held out of the figures · the quote does not carry this value
https://linkedin.com/in/hamad-al-sadoun-75b66345
SM
Saed Mahmoud Hamideh
Deputy GM for Financial & Administrative Affairs and board secretary. Public company materials identify this finance/administration leadership role; no reliable current education or earlier-employer detail was found.
Current title
Deputy General Manager of Financial & Administrative Affairs and Secretary
Experience
no career length stated
Companies before
none sourced
Education
not published
Other boards
none sourced
Known for
Finance & administrationBoard secretary
https://kw.linkedin.com/in/saed-hamideh-6b308169

Sources: full name

DIRECTORYdate not shown in source

Injazzat Real Estate Development Company K.P.S.C. (INJAZZAT.KW) Company Profile & Facts - Yahoo Finance

Injazzat Real Estate Development Company · carried by nz.finance.yahoo.com
Mr. Saed Mahmoud Hamideh | Deputy General Manager Financial and Administration
value seen: Saed Mahmoud Hamideh
https://nz.finance.yahoo.com/quote/INJAZZAT.KW/profile/

Sources: linkedin page

SOCIALdate not shown in source

Saed Hamideh

LinkedIn
Saed Hamideh - Injazzat Real Estate Company
value seen: https://kw.linkedin.com/in/saed-hamideh-6b308169
https://kw.linkedin.com/in/saed-hamideh-6b308169

Sources: role type

DIRECTORYdate not shown in source

Injazzat Real Estate Development Company K.P.S.C. (INJAZZAT.KW) Company Profile & Facts - Yahoo Finance

Injazzat Real Estate Development Company · carried by nz.finance.yahoo.com
Mr. Saed Mahmoud Hamideh | Deputy General Manager Financial and Administration
value seen: Mr. Saed Mahmoud Hamideh | Deputy General Manager Financial and Administration
no listed category matches this wording, so it is shown as the source wrote it
held out of the figures · no listed category matches this wording
value paraphrased from this source
https://nz.finance.yahoo.com/quote/INJAZZAT.KW/profile/

Sources: summary

DIRECTORYdate not shown in source

Yahoo Finance

Injazzat/Rasameel/Yahoo Finance
The source states the role and background summarized here.
value seen: Deputy GM for Financial & Administrative Affairs and board secretary. Public company materials identify this finance/administration leadership role; no reliable current education or earlier-employer detail was found.
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://nz.finance.yahoo.com/quote/INJAZZAT.KW/profile/

Sources: tags

DIRECTORYdate not shown in source

Yahoo Finance

Injazzat/Rasameel/Yahoo Finance
Deputy GM of Financial & Administrative Affairs and Secretary
value seen: Finance & administration
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://nz.finance.yahoo.com/quote/INJAZZAT.KW/profile/

Sources: tags

DIRECTORYdate not shown in source

Yahoo Finance

Injazzat/Rasameel/Yahoo Finance
Deputy GM of Financial & Administrative Affairs and Secretary
value seen: Board secretary
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://nz.finance.yahoo.com/quote/INJAZZAT.KW/profile/

Sources: title

DIRECTORYdate not shown in source

Injazzat Real Estate Development Company K.P.S.C. (INJAZZAT.KW) Company Profile & Facts - Yahoo Finance

Injazzat Real Estate Development Company · carried by nz.finance.yahoo.com
Mr. Saed Mahmoud Hamideh | Deputy General Manager Financial and Administration
value seen: Deputy General Manager of Financial & Administrative Affairs and Secretary
held out of the figures · the quote does not carry this value
https://nz.finance.yahoo.com/quote/INJAZZAT.KW/profile/
WH
Wafa Haidar Al-Shehabi
Non-executive director elected in 2025 and chair of Injazzat’s Audit and Risk Management Committee. The annual report records a mechanical-engineering master’s degree and more than 40 years in investment and industry.
Current title
Member of the Board of Directors
since 17/04/2025
Experience
40+ years investment and industry
Companies before
none sourced
Education
University of Wisconsin, United StatesMaster’s degree in Mechanical Engineering
Other boards
none sourced
Known for
Non-executive directorAudit and Risk Committee chair

Sources: degree

COMPANYdate not shown in source

Injazat Annual Report 2025

Injazzat/Rasameel/LinkedIn
Holds Master’s degree in Mechanical Engineering from University of Wisconsin, United States
value seen: Master’s degree in Mechanical Engineering
https://www.injazzat.com/Runtime/Document/Injazat%20Annual%20report%202025%20En_Rev2.pdf

Sources: institution

COMPANYdate not shown in source

Injazat Annual Report 2025

Injazzat/Rasameel/LinkedIn
Holds Master’s degree in Mechanical Engineering from University of Wisconsin, United States
value seen: University of Wisconsin, United States
https://www.injazzat.com/Runtime/Document/Injazat%20Annual%20report%202025%20En_Rev2.pdf

Sources: full name

COMPANYdate not shown in source

Injazat Annual Report 2025

Injazzat Real Estate Development Company
Mr. Wafa Haidar Al-Shehabi – Member of the Board of Directors (Non-Executive)
value seen: Wafa Haidar Al-Shehabi
https://www.injazzat.com/Runtime/Document/Injazat%20Annual%20report%202025%20En_Rev2.pdf

Sources: role type

COMPANYdate not shown in source

Injazat Annual Report 2025

Injazzat Real Estate Development Company
Mr. Wafa Haidar Al-Shehabi – Member of the Board of Directors (Non-Executive)
value seen: Mr. Wafa Haidar Al-Shehabi – Member of the Board of Directors (Non-Executive)
no listed category matches this wording, so it is shown as the source wrote it
held out of the figures · no listed category matches this wording
value paraphrased from this source
https://www.injazzat.com/Runtime/Document/Injazat%20Annual%20report%202025%20En_Rev2.pdf

Sources: since

COMPANYdate not shown in source

Injazat Annual Report 2025

Injazzat Real Estate Development Company
Date of Election / Appointment: 17/04/2025
value seen: 17/04/2025
https://www.injazzat.com/Runtime/Document/Injazat%20Annual%20report%202025%20En_Rev2.pdf

Sources: summary

COMPANYdate not shown in source

Injazat Annual Report 2025

Injazzat/Rasameel/Yahoo Finance
The source states the role and background summarized here.
value seen: Non-executive director elected in 2025 and chair of Injazzat’s Audit and Risk Management Committee. The annual report records a mechanical-engineering master’s degree and more than 40 years in investment and industry.
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://www.injazzat.com/Runtime/Document/Injazat%20Annual%20report%202025%20En_Rev2.pdf

Sources: tags

COMPANYdate not shown in source

Injazat Annual Report 2025

Injazzat/Rasameel/Yahoo Finance
Member of the Board of Directors (Non-Executive)
value seen: Non-executive director
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://www.injazzat.com/Runtime/Document/Injazat%20Annual%20report%202025%20En_Rev2.pdf

Sources: tags

COMPANYdate not shown in source

Injazat Annual Report 2025

Injazzat/Rasameel/Yahoo Finance
professional experience in the fields of investment and industry exceeding 40 years.
value seen: 40+ years investment and industry
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://www.injazzat.com/Runtime/Document/Injazat%20Annual%20report%202025%20En_Rev2.pdf

Sources: tags

COMPANYdate not shown in source

Injazat Annual Report 2025

Injazzat/Rasameel/Yahoo Finance
Mr. Wafa Haidar Al Shehabi Chairman of the committee
value seen: Audit and Risk Committee chair
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://www.injazzat.com/Runtime/Document/Injazat%20Annual%20report%202025%20En_Rev2.pdf

Sources: title

COMPANYdate not shown in source

Injazat Annual Report 2025

Injazzat Real Estate Development Company
Mr. Wafa Haidar Al-Shehabi – Member of the Board of Directors (Non-Executive)
value seen: Member of the Board of Directors
https://www.injazzat.com/Runtime/Document/Injazat%20Annual%20report%202025%20En_Rev2.pdf
GS
Gerard Snabian
Non-executive director elected in 2025 and member of Injazzat’s Executive Committee. Rasameel describes an MBA and more than 28 years leading investment, operations and financial activities, including 15 years as CEO or acting CEO of investment companies.
Current title
Member of the Board of Directors
since 17/04/2025
Experience
28+ years investment leadership
Companies before
none sourced
Education
American University of BeirutMaster’s degree in Commerce and Business Administration
Other boards
Rasameel Investment Company — Chairman
Known for
Non-executive directorMBA

Sources: degree

COMPANYdate not shown in source

Board Of Directors - Rasameel

Injazzat/Rasameel/LinkedIn
Holds Master’s degree in Commerce and Business Administration from American University of Beirut
value seen: Master’s degree in Commerce and Business Administration
https://www.rasameel.com/en/about/directors/

Sources: institution

COMPANYdate not shown in source

Board Of Directors - Rasameel

Injazzat/Rasameel/LinkedIn
Holds Master’s degree in Commerce and Business Administration from American University of Beirut
value seen: American University of Beirut
https://www.rasameel.com/en/about/directors/

Sources: full name

COMPANYdate not shown in source

Injazat Annual Report 2025

Injazzat Real Estate Development Company
Mr. Gerard Snabian – Member of the Board of Directors (Non-Executive)
value seen: Gerard Snabian
https://www.injazzat.com/Runtime/Document/Injazat%20Annual%20report%202025%20En_Rev2.pdf

Sources: other boards

COMPANYdate not shown in source

Board Of Directors - Rasameel

Rasameel
Gerard Snabian Chairman
value seen: Rasameel Investment Company — Chairman
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://www.rasameel.com/en/about/directors/

Sources: role type

COMPANYdate not shown in source

Injazat Annual Report 2025

Injazzat Real Estate Development Company
Mr. Gerard Snabian – Member of the Board of Directors (Non-Executive)
value seen: Mr. Gerard Snabian – Member of the Board of Directors (Non-Executive)
no listed category matches this wording, so it is shown as the source wrote it
held out of the figures · no listed category matches this wording
value paraphrased from this source
https://www.injazzat.com/Runtime/Document/Injazat%20Annual%20report%202025%20En_Rev2.pdf

Sources: since

COMPANYdate not shown in source

Injazat Annual Report 2025

Injazzat Real Estate Development Company
Date of Election / Appointment: 17/04/2025
value seen: 17/04/2025
https://www.injazzat.com/Runtime/Document/Injazat%20Annual%20report%202025%20En_Rev2.pdf

Sources: summary

COMPANYdate not shown in source

Board Of Directors - Rasameel

Injazzat/Rasameel/Yahoo Finance
The source states the role and background summarized here.
value seen: Non-executive director elected in 2025 and member of Injazzat’s Executive Committee. Rasameel describes an MBA and more than 28 years leading investment, operations and financial activities, including 15 years as CEO or acting CEO of investment companies.
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://www.rasameel.com/en/about/directors/

Sources: tags

COMPANYdate not shown in source

Board Of Directors - Rasameel

Injazzat/Rasameel/Yahoo Finance
Member of the Board of Directors (Non-Executive)
value seen: Non-executive director
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://www.rasameel.com/en/about/directors/

Sources: tags

COMPANYdate not shown in source

Board Of Directors - Rasameel

Injazzat/Rasameel/Yahoo Finance
Holder of an MBA.
value seen: MBA
value paraphrased from this source
https://www.rasameel.com/en/about/directors/

Sources: tags

COMPANYdate not shown in source

Board Of Directors - Rasameel

Injazzat/Rasameel/Yahoo Finance
more than 28 years of experience as head of all investment, operations and financial activities, including 15 years as Chief Executive Officer and Acting Chief Executive Officer of several investment companies.
value seen: 28+ years investment leadership
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://www.rasameel.com/en/about/directors/

Sources: title

COMPANYdate not shown in source

Injazat Annual Report 2025

Injazzat Real Estate Development Company
Mr. Gerard Snabian – Member of the Board of Directors (Non-Executive)
value seen: Member of the Board of Directors
https://www.injazzat.com/Runtime/Document/Injazat%20Annual%20report%202025%20En_Rev2.pdf

Projects

Assessment coverage

Completed projects: 2016-10-15 through 2026-10-15. Initial research is capped at 10 completed projects and a separate delivery-risk search capped at 7 findings. Risk findings are not project assessment counts. Absence is not proof of a complete portfolio or no failures. Month-level dates overlapping a boundary are excluded from figures.

0 undated completions and 0 boundary-uncertain completions are retained but excluded from figures.

Stalled, cancelled & overdue projects

0 evidenced cases
The capped delivery-risk search ran; no project-level exception cases are recorded here. Risk findings are listed under Risks and are separate from assessed projects. This does not establish that the developer has no delivery failures.

Completed projects

5 projects
ProjectLocationTypeUnitsFloorsAreaCostPayment planLaunchedConstruction startOriginal targetHandoverDelayConfidenceStatus
Prime TowerKuwait City, Kuwait
Sharq
office—2 basements, a ground floor, a mezzanine floor, and 22 typical floors6,320 m²——20192019Jan 2021 – Dec 2021Jan 2021 – Dec 20210.0 mo
(−11.0 to +11.0)
sourcedcompleted
Injazzat ResidenceDubai, United Arab Emirates
Al Meydan Avenue
residential for sale, retail531—107,000 sq ft—20/40/401——Jul 2020 – Sep 2020Sep 2020 – Dec 2020+2.5 mo
(0.0 to +5.0)
sourcedcompleted
Jabal Ali First 599 – 7535Dubai, United Arab Emirates
Jebel Ali
retail———————Jan 2019 – Dec 2019Jul 2020 – Sep 2020+13.5 mo
(+7.0 to +20.0)
sourcedcompleted
Injazzat Building Al JaddafDubai, United Arab Emirates
Al Jaddaf
mixed use100113 storeys (+3 basement levels)———20162016Jan 2019 – Dec 2019Jan 2020 – Dec 2020+12.0 mo
(+1.0 to +23.0)
sourcedcompleted
Jabal Ali Project 9223 & 9224Dubai, United Arab Emirates
Jebel Ali
other3451—201,190 sq ft————Jan 2018 – Dec 2018Jan 2019 – Dec 2019+12.0 mo
(+1.0 to +23.0)
sourcedcompleted
Click any row for the sources behind it. Cost basis matters: an estimated cost, a construction loan and a sale price are different numbers. Each row states which one it is, so they are never averaged together.

Awards

Awards & recognition

2 found
GOVERNMENT RECOGNITION Winner Contract signed 6 December 2023; reported on the PAHW project page as current status
South Khaitan Commercial Building investment opportunity (K1) · South Khaitan Commercial Building, Block 1
PAHW records that the 22-year commercial-building contract was signed with Injazzat Real Estate Development Company K.S.C.P. for design, development, operation and management of the project.
Public Authority for Housing Welfare (PAHW), Kuwait · https://pahw.gov.kw/K1_en
GOVERNMENT RECOGNITION Winner Commitment document signed 23 July 2025; current status on the PAHW project page
J6-F Private School investment opportunity · J6-F Private School, Jaber Al-Ahmad City
PAHW identifies the winning investor consortium as Global English International Holding Group and Injazzat Real Estate Development Company and records the commitment document for the 35-year school investment opportunity.
Public Authority for Housing Welfare (PAHW), Kuwait · https://www.pahw.gov.kw/J6-F

Risks

Auditor & credit ratings

audited accounts
AuditorErnst & Young / Al Aiban, Al Osaimi & Partners

Risk flags

2 found
LEGAL May 31, 2021; status reported as of September 30, 2021; later resolution reported for 2022
Injazzat reported that, in a dispute with Saif Belhasa Real Estate Establishment over a Dubai property sale agreement, the Dubai Court of Appeal on May 31, 2021 annulled the earlier judgment in Injazzat’s favour, revoked the agreement and ordered Injazzat to repay the AED 30 million advance plus legal costs and 9% interest; Injazzat appealed to the Court of Cassation, which suspended execution while the appeal was pending as of September 30, 2021. The company’s 2022 annual report subsequently stated that it obtained a court ruling enforcing a sale contract for an Al Jaddaf property and received the sale proceeds and compensation, indicating a later favourable resolution, although the retrieved sources do not identify whether this was the same proceeding.
DELIVERY DELAY 15 June 2023 commitment; status as of 13 October 2026
Injazzat Real Estate Development’s Catamaran Tower in Al-Mirqab, Kuwait City, was contracted for construction in June 2023 and was expected to be completed by mid-2026; the developer’s project page, reviewed as of 13 October 2026, still describes it as under construction, indicating delivery is overdue, although no abandonment or cancellation is documented.

Record status

active
Coverageactive
Tracked sinceOctober 12, 2026
Last checkedOctober 13, 2026 this month
Profile last researchedOctober 13, 2026
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For informational purposes only. This information is not investment, financial or credit advice and should not be relied on for investment, lending or credit decisions. Records may be incomplete or outdated. Verify information independently and seek qualified advice before making a decision.