Artificial Intelligence
Builders Company
Developers/Tamdeen Group
TG
Tamdeen GroupKuwait · founded 16 December 1982 · 1 active markets
PUBLIC LISTED

Tamdeen develops mixed-use destinations in Kuwait, combining retail, commercial, residential, hospitality, leisure, entertainment and sports facilities. Its projects serve shoppers, residents, visitors, families, athletes and businesses through master-planned community-oriented developments and investment-led real-estate operations.

Years in business
44
founded 16 December 1982
Portfolio value
KWD 1.2 billion
as the company states it
Total projects
22
across the company’s whole history
Projects last researched October 12, 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
Tamdeen Real Estate Company – K.P.S.C.1
Headquarters
6th Ring Road South Surra, Al Zhara Area1, Kuwait
Founded
16 December 19821
Entity type
PUBLIC LISTED1
Business model
offplan for sale1, commercial1, mixed use1, masterplan1
Markets
1 market listed
What they build
Retail (2 of 5) · Hotel residences (1 of 5) · Hotel (1 of 5)
Full dossier in About →

Delivery record

3 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
+7.5 mo
the middle of 3 scored projects
Average delay
+10.7 mo
the same projects, pulled by the worst
Average time to deliver
4.5 yrs
start to completion, over 3 delivered projects
Worst slip
+25.5 mo
Grand Hyatt Kuwait · +20.0 to +31.0
1
early or less than 6 months late
6 to 12 months late
1
yellow rows below
Over 12 months late
1
red rows below

Against other developers

3 date-assessed here · 6 developers, 25 date-assessed projects in Kuwait
Median delay
Tamdeen Group·6 developers in Kuwait
+7.5 mo vs +12.0 mo
this developer 4.5 mo better
The typical project on each side.
Average delay
Tamdeen Group·6 developers in Kuwait
+10.7 mo vs +16.0 mo
this developer 5.3 mo better
Both pulled by their worst few.
On time
Tamdeen Group·6 developers in Kuwait
33% vs 40%
this developer 7 pts worse
Share of date-assessed projects delivered early or less than 6 months after the original target. Exactly 6 months late is excluded.
Average time to deliver
Tamdeen Group·6 developers in Kuwait
4.5 yrs vs 4.7 yrs
this developer 0.2 yrs faster
Start to completion, over 3 delivered here and 15 in the market.
Projects and timelines in Track Record →

Resident experience

5 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
8.9/ 10
Weighted judgment across build and operations · from 5 of 5 rated buildings
Little structure evidence (1 of 5 buildings) — this rests mainly on whole-building and living reviews.
Structure & systems
9.0/ 10
Fabric, services, waterproofing, envelope · from 1 of 5 rated buildings
Management & living
8.6/ 10
Upkeep, response times, amenities, community · from 5 of 5 rated buildings

Against other developers

5 rated here · 7 developers, 28 rated buildings in Kuwait
Overall rating
Tamdeen Group · 7 other developers in Kuwait
8.9 vs 8.1
this developer 0.8 better
The weighted verdict on each side. From 5 of 5 rated buildings here and 28 in the market.
Structure & systems
Tamdeen Group · 7 other developers in Kuwait
— vs —
Too few buildings with this score here to compare (1 of 5)
Fabric and engineering only — fixed at handover. From 1 of 5 rated buildings here and 8 in the market.
Management & living
Tamdeen Group · 7 other developers in Kuwait
8.6 vs 7.7
this developer 0.9 better
Upkeep and response — belongs to whoever runs the building now. From 5 of 5 rated buildings here and 27 in the market.
The market here is Kuwait: every other developer whose head office is in the same country, because the review platforms residents use, and the service norms they judge against, move together within one. It is not a city, a sector or a price band. Read structure and living together. A developer above the market on structure and below it on living builds well and runs buildings badly, which is a fixable problem and a different one from building badly. Higher ratings are better; differences use the displayed scores rounded to one decimal. Rated buildings only, on both sides, and a structure or living score with no stated basis — no review count and no notes or links — is left out of both.
Ratings by building →

Awards & recognition

All awards →

Risks & source coverage

  • LEGAL Reported April 11, 2021; underlying project cancellation in 2008; Tamdeen’s lawsuit filed in 2013. A Qatar cassation court rejected Barwa Real Estate’s appeal and required it to pay Tamdeen Real Estate KWD 1.44 million (about US$4.77 million) for design and consulting work, plus compensation; the dispute concerned work performed in 2008 before the related project was cancelled. The judgment was reported on April 11, 2021, and the report describes Tamdeen as the successful claimant rather than the party found liable.
  • DELIVERY DELAY Original completion commitment reported May 13, 2019; ongoing delivery reported for financial year 2023. Tamdeen stated in May 2019 that Tamdeen Square would be completed by the end of 2019, but its 2023 annual report said that residential units were still being delivered and registered on an ongoing basis, documenting slippage against that original completion commitment; the available evidence does not establish the precise final completion date or whether all remaining units were delayed.
  • PROJECT CANCELLED Project identified in 2008; cancellation occurred before the 2021 report; court outcome reported April 11, 2021 Qatar’s Baraya mixed-use project in Doha was undertaken as a joint venture of Tamdeen, Imtiaz Investment Company and Barwa Real Estate, and was later reported as cancelled; a 2021 Qatar cassation outcome resolved Tamdeen’s related claim for design and consulting fees, so this is a historical cancelled-project matter rather than evidence of a currently stalled Tamdeen development.
Record status
active
Company sources
87 source entries across 87 fields
Projects tracked
5 · 5 completed in assessment
All flags and sources →

Track Record

Delivery record

3 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
+7.5 mo
the middle of 3 scored projects
Average delay
+10.7 mo
the same projects, pulled by the worst
Average time to deliver
4.5 yrs
start to completion, over 3 delivered projects
Worst slip
+25.5 mo
Grand Hyatt Kuwait · +20.0 to +31.0
1
early or less than 6 months late
6 to 12 months late
1
yellow rows below
Over 12 months late
1
red rows below

Against other developers

3 date-assessed here · 6 developers, 25 date-assessed projects in Kuwait
Median delay
Tamdeen Group·6 developers in Kuwait
+7.5 mo vs +12.0 mo
this developer 4.5 mo better
The typical project on each side.
Average delay
Tamdeen Group·6 developers in Kuwait
+10.7 mo vs +16.0 mo
this developer 5.3 mo better
Both pulled by their worst few.
On time
Tamdeen Group·6 developers in Kuwait
33% vs 40%
this developer 7 pts worse
Share of date-assessed projects delivered early or less than 6 months after the original target. Exactly 6 months late is excluded.
Average time to deliver
Tamdeen Group·6 developers in Kuwait
4.5 yrs vs 4.7 yrs
this developer 0.2 yrs faster
Start to completion, over 3 delivered here and 15 in the market.
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 · 1 place
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
2015201620172018201920202021202220232024202520262027todayKUWAITcompleted, no target publishedcompleted, no target published+25.5 moverified+7.5 moverified−1 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

5 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
8.9/ 10
Weighted judgment across build and operations · from 5 of 5 rated buildings
Little structure evidence (1 of 5 buildings) — this rests mainly on whole-building and living reviews.
Structure & systems
9.0/ 10
Fabric, services, waterproofing, envelope · from 1 of 5 rated buildings
Management & living
8.6/ 10
Upkeep, response times, amenities, community · from 5 of 5 rated buildings

Against other developers

5 rated here · 7 developers, 28 rated buildings in Kuwait
Overall rating
Tamdeen Group · 7 other developers in Kuwait
8.9 vs 8.1
this developer 0.8 better
The weighted verdict on each side. From 5 of 5 rated buildings here and 28 in the market.
Structure & systems
Tamdeen Group · 7 other developers in Kuwait
— vs —
Too few buildings with this score here to compare (1 of 5)
Fabric and engineering only — fixed at handover. From 1 of 5 rated buildings here and 8 in the market.
Management & living
Tamdeen Group · 7 other developers in Kuwait
8.6 vs 7.7
this developer 0.9 better
Upkeep and response — belongs to whoever runs the building now. From 5 of 5 rated buildings here and 27 in the market.
The market here is Kuwait: every other developer whose head office is in the same country, because the review platforms residents use, and the service norms they judge against, move together within one. It is not a city, a sector or a price band. Read structure and living together. A developer above the market on structure and below it on living builds well and runs buildings badly, which is a fixable problem and a different one from building badly. Higher ratings are better; differences use the displayed scores rounded to one decimal. Rated buildings only, on both sides, and a structure or living score with no stated basis — no review count and no notes or links — is left out of both.

By building

5 rated · 0 not rated · scale 1–10
ProjectOverallStructure & systemsManagement & living
Al Khiran MallSabah Al Ahmad Sea City300 units
9.3/ 10
—/ 10
9.2/ 10

Google Reviews/Maps provides the largest applicable review base, with 4.7/5 from 3,648 reviews, converting to 9.1 under the supplied curve. Repeated positive commentary supports a small upward adjustment, while the recurring negatives are minor convenience and selection complaints; no structural evidence was published, so structure remains null.

+ Clean and well-organized+ Waterfront views+ Family-friendly+ Ample parking+ Outdoor areas and marina
− Long drive from central Kuwait− Limited shop variety− Some missing expected brands− Two-floor layout can be tiring

no notes returned

no links returned

Reviews describe the mall as “clean, modern, and family-friendly,” with a “nice atmosphere,” cafés and restaurants, waterfront views, outdoor areas and ample parking. The counterpoints are operationally minor rather than serious: a reviewer said the mall is “a bit of a drive from the city,” another found the variety limited, and a 2023 visit described the two-floor vertical layout as tiring.

Al Kout MallFahaheel
9.0/ 10
—/ 10
9.0/ 10

Google's 4.6/5 building rating from 11,267 reviews is the largest review base and sets the level; on the stated market conversion curve it corresponds to 9.0/10. Tripadvisor's 4.2/5 from 90 guest reviews is a lower-volume dissent, while the written reviews read were overwhelmingly positive and no recurring serious or moderate failure was found. Structure is left unevaluated because the published material located did not provide building-fabric or systems evidence.

+ Spacious modern atmosphere+ Waterfront fountains and walking areas+ Variety of shops and restaurants+ Family entertainment+ Generally clean and pleasant

no notes returned

no links returned

Published reviews describe a generally positive day-to-day visitor experience: Tripadvisor reviewers called the mall “spacious and modern,” “fresh and inviting,” and noted a “clean and tidy atmosphere,” while Google reviewers praised the calm ambience, walking areas, fountains and parking. One Google review did report that a toilet was “little dirty besides fish market,” but this was a single minor observation rather than a recurring theme in the material read.

Grand Hyatt Kuwait302 units
8.9/ 10
9.0/ 10
Booking.com 9.6/10 · 2,616 reviews · booking.com
Tripadvisor 4.9/5 · 422 reviews · tripadvisor.co.uk
Combined from 2 published figures on 2 platforms, weighted by review count, adjusted for where resident ratings usually fall and weighted toward the 6.5 midpoint where reviews are few: 9.
8.4/ 10
Booking.com 9.3/10, 9.4/10, 9.5/10, 8.3/10, 9.5/10, 9.2/10 · 2,616 reviews · booking.com
Tripadvisor 4.8/5, 4.4/5, 4.9/5, 4.8/5, 4.8/5 · 422 reviews · tripadvisor.co.uk
Combined from 11 published figures on 2 platforms, weighted by review count, adjusted for where resident ratings usually fall and weighted toward the 6.5 midpoint where reviews are few: 8.4.

Booking.com's 9.2/10 from 2,616 guest reviews is the largest review base and sets the level; under the guest-rating convention it converts to 8.4/10. Tripadvisor is materially more positive but has a smaller base, while repeated praise modestly outweighs moderate operational complaints. Structure is scored separately from the strong room/cleanliness evidence, with no recurring systems failure reported.

+ Spacious rooms+ Comfortable beds+ Clean rooms+ Excellent bath facilities
+ Helpful staff+ Strong housekeeping+ Direct 360 Mall access+ High-quality spa and facilities+ Good breakfast
− Slow or inconsistent service− Check-in/luggage handling error− High price concerns

Reviewers describe the rooms as “big, clean” with “the bed ... extremely comfortable,” and another says the bath facilities are excellent. The published room-related ratings are high, including Booking.com comfort 9.6/10 and Tripadvisor rooms 4.9/5; no recurring infrastructure, plumbing, HVAC, electrical or leak failure was reported in the material read.

Daily experience is predominantly praised: one reviewer called the staff “great and very helpful,” while another described service and professionalism as “truly high luxury.” The main operational caveats are a Booking.com complaint that service staff sometimes did not listen and a Tripadvisor report that a room was assigned to an already-occupied guest and luggage was given to another guest.

Grand Hyatt Kuwait ResidencesSabah Al Salem82 units
8.8/ 10
—/ 10
7.9/ 10
Booking.com 9.4/10, 9.3/10, 9.5/10, 9.6/10, 8.7/10, 8.8/10, 8.7/10 · 792 reviews · booking.com
Combined from 7 published figures on 1 platform, weighted by review count, adjusted for where resident ratings usually fall and weighted toward the 6.5 midpoint where reviews are few: 7.9.

Booking.com provides the largest applicable review base, with a building-specific guest aggregate of 9.3/10 from 792 reviews, converting to an 8.6 anchor under the guest-rating curve. The positive themes modestly lift the result, while the limited negative evidence keeps the adjustment below one point; there is no published structural rating or engineering evidence from which to score structure.

+ New building+ Modern furnishings+ Spacious apartments
+ Friendly staff+ Helpful reception+ Cleanliness+ Spacious apartments+ Indoor pools and gym
− Slow response reported− One cleanliness complaint− Distance from downtown− Indoor pool humidity reported− Long-term rate concern

Published reviews describe the property as a “new building” with “new & modern furnitures” and “quite good space,” but they do not report a structural, plumbing, HVAC, electrical, waterproofing or lift defect. The available evidence is guest-review evidence rather than an engineering inspection.

Daily-life feedback is strongly positive: guests describe “very friendly staff,” “spacious and clean” apartments, and a “functional gym and swimming pool,” while Booking.com highlights staff 9.4, facilities 9.3 and cleanliness 9.5. The counter-evidence is limited but specific: one reviewer reported “Late response” and an unclean room, and another said the indoor pool room “gets humid”; location is also described as outside the city.

Sheikh Jaber Al Abdullah Al Jaber Al Sabah International Tennis ComplexAl-Zahraa
8.5/ 10
—/ 10
8.5/ 10

The largest published review aggregate located is 4.5/5 from 324 reviews, which converts to 8.5/10 under the specified curve and sets the level. The excerpts add minor cleanliness and concession concerns, but no severe or recurring structural failure was published, so no numerical adjustment is applied; structural quality remains unevidenced rather than penalized.

+ Modern indoor venue+ Climate-controlled comfort+ Good sports-event facilities
− Bathroom cleanliness concerns− Very limited food options

no notes returned

no links returned

Published visitor feedback describes the complex as a “Great indoor facility for all kind of sports events” and praises its climate-controlled comfort. The same review material reports that bathrooms “could be cleaner” and that food is generally limited to “tea and Nescafe”; a separate 2019 Arabic report also said the venue needed “good and professional management” and high-level customer service, but that is an older pre-/early-operation observation rather than current resident evidence.

Only buildings that have reached handover are rated. 0 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
Tamdeen Real Estate Company – K.P.S.C.
Headquarters
6th Ring Road South Surra, Al Zhara Area, Kuwait
Al Zhara Area · 13079
Founded
16 December 1982
Kuwait
Entity type
PUBLIC LISTED
Revenue
KWD 27.6 million
2025
Business model
offplan for sale, commercial, mixed use, masterplan

Partners

5 partners
Rafa Nadal Academy by Movistar
joint venture

The partnership launched Rafa Nadal Academy Kuwait as the training and development hub of the Sheikh Jaber Al Abdullah Al Jaber Al Sabah International Tennis Complex.

Kuwait Public Authority for Sport
government partner

Tamdeen developed the international tennis complex through a public-private partnership with the Authority.

Kuwait Tennis Federation
government partner

The Federation collaborated with Tamdeen and the academy to grow tennis domestically and provide training and development facilities.

Hyatt Hotels & Resorts
operator

A Hyatt affiliate entered into a contract with Tamdeen Group to develop and brand Grand Hyatt Kuwait.

Ahmediah Contracting & Trading Company
contractor

Ahmediah was awarded the construction contract for 360 Kuwait.

Sources: partners

PRESS2019-11-27

TAMDEEN GROUP AND RAFA NADAL ACADEMY BY MOVISTAR SIGN PARTNERSHIP AGREEMENT TO OPEN RAFA NADAL ACADEMY KUWAIT

Tamdeen Group
Tamdeen Group ... and Rafa Nadal Academy by Movistar ... announced the landmark launch of the Rafa Nadal Academy Kuwait.
value seen: Rafa Nadal Academy by Movistar
https://www.tamdeen.com/news/tamdeen-group-and-rafa-nadal-academy-by-movistar-sign-partnership-agreement-to-open-rafa-nadal-academy-kuwait

Sources: partners

PRESS2019-11-27

TAMDEEN GROUP AND RAFA NADAL ACADEMY BY MOVISTAR SIGN PARTNERSHIP AGREEMENT TO OPEN RAFA NADAL ACADEMY KUWAIT

Tamdeen Group
One of the country’s pioneering public-private partnership projects, the world-class Complex is the biggest sports initiative in value and size under the Kuwait Public Authority for Sport.
value seen: Kuwait Public Authority for Sport
https://www.tamdeen.com/news/tamdeen-group-and-rafa-nadal-academy-by-movistar-sign-partnership-agreement-to-open-rafa-nadal-academy-kuwait

Sources: partners

PRESS2019-11-27

TAMDEEN GROUP AND RAFA NADAL ACADEMY BY MOVISTAR SIGN PARTNERSHIP AGREEMENT TO OPEN RAFA NADAL ACADEMY KUWAIT

Tamdeen Group
With ... the collaboration of the Kuwait Tennis Federation and Kuwait’s General Authority for Sports, the Rafa Nadal Academy Kuwait at the Sheikh Jaber Al Abdullah Al Jaber Al Sabah Tennis Complex will drive awareness of tennis and healthy living among Kuwaiti youth
value seen: Kuwait Tennis Federation
https://www.tamdeen.com/news/tamdeen-group-and-rafa-nadal-academy-by-movistar-sign-partnership-agreement-to-open-rafa-nadal-academy-kuwait

Sources: partners

PRESS2015-11-11

HYATT AND TAMDEEN GROUP ANNOUNCE PLANS FOR GRAND HYATT KUWAIT

Hyatt Hotels & Resorts · carried by tamdeen.com
Hyatt Hotels & Resorts today announced that a Hyatt affiliate has entered into a contract with the Tamdeen Group to develop a Grand Hyatt hotel in Kuwait.
value seen: Hyatt Hotels & Resorts
https://www.tamdeen.com/news/hyatt-and-tamdeen-group-announce-plans-for-grand-hyatt-kuwait

Sources: partners

PRESS2006-03-10

360° KUWAIT GROUND BREAKING

Tamdeen Group
Ahmediah Contracting & Trading Company was awarded the 40 Million Kuwaiti Dinar construction contract
value seen: Ahmediah Contracting & Trading Company
https://www.tamdeen.com/news/360deg-kuwait-ground-breaking

Registrations & licences

none found
Jurisdiction-agnostic: a DLD number, a Companies House number and a state RERA registration all land in the same table.

Contact

Markets

1 countries
Kuwaitactive 5 projects tracked

What they build

4 types
Retail2 of 5
Hotel residences1 of 5
Hotel1 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
MA
Mohamed Abdulhamid AlMarzook
Mohamed Abdulhamid AlMarzook is documented as Tamdeen Real Estate's chairman of the board of directors. The 2025 annual report records the role and states 30 years of experience of experience; no additional career detail was confirmed in the retrieved sources.
Current title
Chairman of the Board of Directors
since 22/05/2025
Experience
no career length stated
Companies before
none sourced
Education
not published
Other boards
none sourced
Known for
Board member

Sources: full name

FILINGdate not shown in source

Tamdeen Real Estate Company Annual Report 2025

Tamdeen Real Estate Company
Mr. Mohamed Abdulhamid AlMarzook | Chairman of the Board of Directors | BA and 30 years of experience | 22/05/2025
value seen: Mohamed Abdulhamid AlMarzook
http://www.tamdeenre.com/report/GROUP-English-2025.pdf

Sources: role type

FILINGdate not shown in source

Tamdeen Real Estate Company Annual Report 2025

Tamdeen Real Estate Company
Mr. Mohamed Abdulhamid AlMarzook | Chairman of the Board of Directors | BA and 30 years of experience | 22/05/2025
value seen: CHAIR
value paraphrased from this source
http://www.tamdeenre.com/report/GROUP-English-2025.pdf

Sources: since

FILINGdate not shown in source

Tamdeen Real Estate Company Annual Report 2025

Tamdeen Real Estate Company
Mr. Mohamed Abdulhamid AlMarzook | Chairman of the Board of Directors | BA and 30 years of experience | 22/05/2025
value seen: 22/05/2025
http://www.tamdeenre.com/report/GROUP-English-2025.pdf

Sources: summary

FILINGdate not shown in source

Tamdeen Real Estate Company Annual Report 2025

Tamdeen Real Estate Company
Mr. Mohamed Abdulhamid AlMarzook | Chairman of the Board of Directors | BA and 30 years of experience | 22/05/2025
value seen: Mr. Mohamed Abdulhamid AlMarzook | Chairman of the Board of Directors
http://www.tamdeenre.com/report/GROUP-English-2025.pdf

Sources: tags

FILINGdate not shown in source

Tamdeen Real Estate Company Annual Report 2025

Tamdeen Real Estate Company
Mr. Mohamed Abdulhamid AlMarzook | Chairman of the Board of Directors | BA and 30 years of experience | 22/05/2025
value seen: Board member
held out of the figures · the quote does not carry this value
http://www.tamdeenre.com/report/GROUP-English-2025.pdf

Sources: title

FILINGdate not shown in source

Tamdeen Real Estate Company Annual Report 2025

Tamdeen Real Estate Company
Mr. Mohamed Abdulhamid AlMarzook | Chairman of the Board of Directors | BA and 30 years of experience | 22/05/2025
value seen: Chairman of the Board of Directors
http://www.tamdeenre.com/report/GROUP-English-2025.pdf
AA
Abdulaziz Abdallah Al Ghanim
Abdulaziz Abdallah Al Ghanim is documented as Tamdeen Real Estate's vice chairman of the board of directors. The 2025 annual report records the role and states 33 years of experience of experience; no additional career detail was confirmed in the retrieved sources.
Current title
Vice Chairman of the Board of Directors
since 22/05/2025
Experience
no career length stated
Companies before
none sourced
Education
not published
Other boards
none sourced
Known for
Board member

Sources: full name

FILINGdate not shown in source

Tamdeen Real Estate Company Annual Report 2025

Tamdeen Real Estate Company
Mr. Abdulaziz Abdallah Ali Al Ghanim | Vice Chairman of the Board of Directors | BA and 33 years of experience | 22/05/2025
value seen: Abdulaziz Abdallah Al Ghanim
held out of the figures · the quote does not carry this value
http://www.tamdeenre.com/report/GROUP-English-2025.pdf

Sources: role type

FILINGdate not shown in source

Tamdeen Real Estate Company Annual Report 2025

Tamdeen Real Estate Company
Mr. Abdulaziz Abdallah Ali Al Ghanim | Vice Chairman of the Board of Directors | BA and 33 years of experience | 22/05/2025
value seen: BOARD_MEMBER
value paraphrased from this source
http://www.tamdeenre.com/report/GROUP-English-2025.pdf

Sources: since

FILINGdate not shown in source

Tamdeen Real Estate Company Annual Report 2025

Tamdeen Real Estate Company
Mr. Abdulaziz Abdallah Ali Al Ghanim | Vice Chairman of the Board of Directors | BA and 33 years of experience | 22/05/2025
value seen: 22/05/2025
http://www.tamdeenre.com/report/GROUP-English-2025.pdf

Sources: summary

FILINGdate not shown in source

Tamdeen Real Estate Company Annual Report 2025

Tamdeen Real Estate Company
Mr. Abdulaziz Abdallah Ali Al Ghanim | Vice Chairman of the Board of Directors | BA and 33 years of experience | 22/05/2025
value seen: Mr. Abdulaziz Abdallah Ali Al Ghanim | Vice Chairman of the Board of Directors
http://www.tamdeenre.com/report/GROUP-English-2025.pdf

Sources: tags

FILINGdate not shown in source

Tamdeen Real Estate Company Annual Report 2025

Tamdeen Real Estate Company
Mr. Abdulaziz Abdallah Ali Al Ghanim | Vice Chairman of the Board of Directors | BA and 33 years of experience | 22/05/2025
value seen: Board member
held out of the figures · the quote does not carry this value
http://www.tamdeenre.com/report/GROUP-English-2025.pdf

Sources: title

FILINGdate not shown in source

Tamdeen Real Estate Company Annual Report 2025

Tamdeen Real Estate Company
Mr. Abdulaziz Abdallah Ali Al Ghanim | Vice Chairman of the Board of Directors | BA and 33 years of experience | 22/05/2025
value seen: Vice Chairman of the Board of Directors
http://www.tamdeenre.com/report/GROUP-English-2025.pdf
KM
Khaled Meshal Jassim Al Marzouq
Khaled Meshal Jassim Al Marzouq is documented as Tamdeen Real Estate's member of the board of directors. The 2025 annual report records the role and states 08 years of experience of experience; no additional career detail was confirmed in the retrieved sources.
Current title
Member of the Board of Directors
since 22/05/2025
Experience
no career length stated
Companies before
none sourced
Education
not published
Other boards
none sourced
Known for
Board member
https://kw.linkedin.com/in/khaled-m-al-marzouq-241a02200

Sources: full name

FILINGdate not shown in source

Tamdeen Real Estate Company Annual Report 2025

Tamdeen Real Estate Company
Mr. Khaled Meshal Jassim Al Marzouq | Member of the Board of Directors | BA and 08 years of experience | 22/05/2025
value seen: Khaled Meshal Jassim Al Marzouq
http://www.tamdeenre.com/report/GROUP-English-2025.pdf

Sources: linkedin page

SOCIALdate not shown in source

LinkedIn

SOCIAL · carried by kw.linkedin.com
### Executive Board Member - [Tamdeen Group](https://www.linkedin.com/company/tamdeen-group) (Current)
value seen: https://kw.linkedin.com/in/khaled-m-al-marzouq-241a02200
https://kw.linkedin.com/in/khaled-m-al-marzouq-241a02200

Sources: role type

FILINGdate not shown in source

Tamdeen Real Estate Company Annual Report 2025

Tamdeen Real Estate Company
Mr. Khaled Meshal Jassim Al Marzouq | Member of the Board of Directors | BA and 08 years of experience | 22/05/2025
value seen: BOARD_MEMBER
value paraphrased from this source
http://www.tamdeenre.com/report/GROUP-English-2025.pdf

Sources: since

FILINGdate not shown in source

Tamdeen Real Estate Company Annual Report 2025

Tamdeen Real Estate Company
Mr. Khaled Meshal Jassim Al Marzouq | Member of the Board of Directors | BA and 08 years of experience | 22/05/2025
value seen: 22/05/2025
http://www.tamdeenre.com/report/GROUP-English-2025.pdf

Sources: summary

FILINGdate not shown in source

Tamdeen Real Estate Company Annual Report 2025

Tamdeen Real Estate Company
Mr. Khaled Meshal Jassim Al Marzouq | Member of the Board of Directors | BA and 08 years of experience | 22/05/2025
value seen: Mr. Khaled Meshal Jassim Al Marzouq | Member of the Board of Directors
http://www.tamdeenre.com/report/GROUP-English-2025.pdf

Sources: tags

FILINGdate not shown in source

Tamdeen Real Estate Company Annual Report 2025

Tamdeen Real Estate Company
Mr. Khaled Meshal Jassim Al Marzouq | Member of the Board of Directors | BA and 08 years of experience | 22/05/2025
value seen: Board member
held out of the figures · the quote does not carry this value
http://www.tamdeenre.com/report/GROUP-English-2025.pdf

Sources: title

FILINGdate not shown in source

Tamdeen Real Estate Company Annual Report 2025

Tamdeen Real Estate Company
Mr. Khaled Meshal Jassim Al Marzouq | Member of the Board of Directors | BA and 08 years of experience | 22/05/2025
value seen: Member of the Board of Directors
http://www.tamdeenre.com/report/GROUP-English-2025.pdf
MA
Marzouq Abdulwahab Al Marzouq
Marzouq Abdulwahab Al Marzouq is documented as Tamdeen Real Estate's member of the board of directors. The 2025 annual report records the role and states 09 years of experience of experience; no additional career detail was confirmed in the retrieved sources.
Current title
Member of the Board of Directors
since 22/05/2025
Experience
no career length stated
Companies before
none sourced
Education
not published
Other boards
none sourced
Known for
Board member
https://linkedin.com/in/marzouq-a-al-marzouq-47a954172

Sources: full name

FILINGdate not shown in source

Tamdeen Real Estate Company Annual Report 2025

Tamdeen Real Estate Company
Mr. Marzouq Abdulwahab Al Marzouq | Member of the Board of Directors | BA and 09 years of experience | 22/05/2025
value seen: Marzouq Abdulwahab Al Marzouq
http://www.tamdeenre.com/report/GROUP-English-2025.pdf

Sources: linkedin page

SOCIALdate not shown in source

LinkedIn

SOCIAL · carried by linkedin.com
### [Tamdeen Group](https://www.linkedin.com/company/tamdeen-group) (Current)
value seen: https://linkedin.com/in/marzouq-a-al-marzouq-47a954172
https://linkedin.com/in/marzouq-a-al-marzouq-47a954172

Sources: role type

FILINGdate not shown in source

Tamdeen Real Estate Company Annual Report 2025

Tamdeen Real Estate Company
Mr. Marzouq Abdulwahab Al Marzouq | Member of the Board of Directors | BA and 09 years of experience | 22/05/2025
value seen: BOARD_MEMBER
value paraphrased from this source
http://www.tamdeenre.com/report/GROUP-English-2025.pdf

Sources: since

FILINGdate not shown in source

Tamdeen Real Estate Company Annual Report 2025

Tamdeen Real Estate Company
Mr. Marzouq Abdulwahab Al Marzouq | Member of the Board of Directors | BA and 09 years of experience | 22/05/2025
value seen: 22/05/2025
http://www.tamdeenre.com/report/GROUP-English-2025.pdf

Sources: summary

FILINGdate not shown in source

Tamdeen Real Estate Company Annual Report 2025

Tamdeen Real Estate Company
Mr. Marzouq Abdulwahab Al Marzouq | Member of the Board of Directors | BA and 09 years of experience | 22/05/2025
value seen: Mr. Marzouq Abdulwahab Al Marzouq | Member of the Board of Directors
http://www.tamdeenre.com/report/GROUP-English-2025.pdf

Sources: tags

FILINGdate not shown in source

Tamdeen Real Estate Company Annual Report 2025

Tamdeen Real Estate Company
Mr. Marzouq Abdulwahab Al Marzouq | Member of the Board of Directors | BA and 09 years of experience | 22/05/2025
value seen: Board member
held out of the figures · the quote does not carry this value
http://www.tamdeenre.com/report/GROUP-English-2025.pdf

Sources: title

FILINGdate not shown in source

Tamdeen Real Estate Company Annual Report 2025

Tamdeen Real Estate Company
Mr. Marzouq Abdulwahab Al Marzouq | Member of the Board of Directors | BA and 09 years of experience | 22/05/2025
value seen: Member of the Board of Directors
http://www.tamdeenre.com/report/GROUP-English-2025.pdf
AE
Abdulaziz Emad Jassim Al Sagar
Abdulaziz Emad Jassim Al Sagar is documented as Tamdeen Real Estate's member of the board of directors. The 2025 annual report records the role and states 11 years of experience of experience; no additional career detail was confirmed in the retrieved sources.
Current title
Member of the Board of Directors
since 22/05/2025
Experience
no career length stated
Companies before
none sourced
Education
not published
Other boards
none sourced
Known for
Board member
https://linkedin.com/in/abdulaziz-alsagar-2b7061150

Sources: full name

FILINGdate not shown in source

Tamdeen Real Estate Company Annual Report 2025

Tamdeen Real Estate Company
Mr. Abdulaziz Emad Jassim Al Sagar | Member of the Board of Directors | BA and 11 years of experience | 22/05/2025
value seen: Abdulaziz Emad Jassim Al Sagar
http://www.tamdeenre.com/report/GROUP-English-2025.pdf

Sources: linkedin page

SOCIALdate not shown in source

LinkedIn

SOCIAL · carried by linkedin.com
### Board Member - [Tamdeen Group](https://www.linkedin.com/company/tamdeen-group) (Current)
value seen: https://linkedin.com/in/abdulaziz-alsagar-2b7061150
https://linkedin.com/in/abdulaziz-alsagar-2b7061150

Sources: role type

FILINGdate not shown in source

Tamdeen Real Estate Company Annual Report 2025

Tamdeen Real Estate Company
Mr. Abdulaziz Emad Jassim Al Sagar | Member of the Board of Directors | BA and 11 years of experience | 22/05/2025
value seen: BOARD_MEMBER
value paraphrased from this source
http://www.tamdeenre.com/report/GROUP-English-2025.pdf

Sources: since

FILINGdate not shown in source

Tamdeen Real Estate Company Annual Report 2025

Tamdeen Real Estate Company
Mr. Abdulaziz Emad Jassim Al Sagar | Member of the Board of Directors | BA and 11 years of experience | 22/05/2025
value seen: 22/05/2025
http://www.tamdeenre.com/report/GROUP-English-2025.pdf

Sources: summary

FILINGdate not shown in source

Tamdeen Real Estate Company Annual Report 2025

Tamdeen Real Estate Company
Mr. Abdulaziz Emad Jassim Al Sagar | Member of the Board of Directors | BA and 11 years of experience | 22/05/2025
value seen: Mr. Abdulaziz Emad Jassim Al Sagar | Member of the Board of Directors
http://www.tamdeenre.com/report/GROUP-English-2025.pdf

Sources: tags

FILINGdate not shown in source

Tamdeen Real Estate Company Annual Report 2025

Tamdeen Real Estate Company
Mr. Abdulaziz Emad Jassim Al Sagar | Member of the Board of Directors | BA and 11 years of experience | 22/05/2025
value seen: Board member
held out of the figures · the quote does not carry this value
http://www.tamdeenre.com/report/GROUP-English-2025.pdf

Sources: title

FILINGdate not shown in source

Tamdeen Real Estate Company Annual Report 2025

Tamdeen Real Estate Company
Mr. Abdulaziz Emad Jassim Al Sagar | Member of the Board of Directors | BA and 11 years of experience | 22/05/2025
value seen: Member of the Board of Directors
http://www.tamdeenre.com/report/GROUP-English-2025.pdf
MD
Mahmoud Dawoud Al Marzouq
Mahmoud Dawoud Al Marzouq is the Chief Executive Officer of Tamdeen Real Estate Company. A 2025 profile identifies Tamdeen as a Kuwait real-estate company established in 1982 and acquired by Tamdeen Group in 1996; his public professional profile records earlier work at KFH Capital and a current board role at the Kuwait Investment Authority.
Current title
Chief Executive Officer
since Nov 2021 - Present
Experience
no career length stated
Companies before
KFH Capital
Education
American University of KuwaitBachelor, Finance
Other boards
Kuwait Investment Authority — Board Member
Known for
CEOFinance background
https://kw.linkedin.com/in/mahmoud-almarzouq-a76a6840

Sources: degree

SOCIALdate not shown in source

Mahmoud AlMarzouq

LinkedIn
### Bachelor, Finance at American University of Kuwait
value seen: Bachelor, Finance
https://kw.linkedin.com/in/mahmoud-almarzouq-a76a6840

Sources: institution

SOCIALdate not shown in source

Mahmoud AlMarzouq

LinkedIn
### Bachelor, Finance at American University of Kuwait
value seen: American University of Kuwait
https://kw.linkedin.com/in/mahmoud-almarzouq-a76a6840

Sources: full name

FILINGdate not shown in source

Tamdeen Real Estate Company Annual Report 2025

Tamdeen Real Estate Company
Mahmoud Dawoud Al Marzouq CHIEF EXECUTIVE OFFICER
value seen: Mahmoud Dawoud Al Marzouq
http://www.tamdeenre.com/report/GROUP-English-2025.pdf

Sources: linkedin page

SOCIALdate not shown in source

Mahmoud AlMarzouq

LinkedIn
# Mahmoud AlMarzouq
value seen: https://kw.linkedin.com/in/mahmoud-almarzouq-a76a6840
https://kw.linkedin.com/in/mahmoud-almarzouq-a76a6840

Sources: other boards

SOCIALdate not shown in source

Mahmoud AlMarzouq

LinkedIn
### Board Member - [Kuwait Investment Authority](https://www.linkedin.com/company/kuwait-investment-authority) (Current)
value seen: Kuwait Investment Authority — Board Member
held out of the figures · the quote does not carry this value
https://kw.linkedin.com/in/mahmoud-almarzouq-a76a6840

Sources: previous companies

SOCIALdate not shown in source

Mahmoud AlMarzouq

LinkedIn
### Assistant Vice President, Private Equity and Direct Investment - [KFH Capital](https://www.linkedin.com/company/kfhcapital)
value seen: KFH Capital
https://kw.linkedin.com/in/mahmoud-almarzouq-a76a6840

Sources: role type

FILINGdate not shown in source

Tamdeen Real Estate Company Annual Report 2025

Tamdeen Real Estate Company
Mahmoud Dawoud Al Marzouq CHIEF EXECUTIVE OFFICER
value seen: CEO
value paraphrased from this source
http://www.tamdeenre.com/report/GROUP-English-2025.pdf

Sources: since

SOCIALdate not shown in source

Mahmoud AlMarzouq

LinkedIn
Nov 2021 - Present in Kuwait
value seen: Nov 2021 - Present
https://kw.linkedin.com/in/mahmoud-almarzouq-a76a6840

Sources: summary

COMPANYdate not shown in source

Real Estate Union and Tamdeen Group Host Field Visit for Kuwait University Students at 360 Mall and Grand Hyatt Kuwait

Tamdeen Group
Commenting on the initiative, Mr. Mahmoud Dawood Al-Marzouq, Chief Executive Officer of Tamdeen Real Estate Company, reaffirmed the group’s strong commitment to empowering young talent by exposing them to the practical realities of the shopping mall and hospitality industries.
value seen: Chief Executive Officer of Tamdeen Real Estate Company; earlier KFH Capital; current KIA board member.
held out of the figures · the quote does not carry this value
https://www.tamdeen.com/news/real-estate-union-and-tamdeen-group-host-field-visit-for-kuwait-university-students-at-360-mall-and-grand-hyatt-kuwait

Sources: tags

PRESSdate not shown in source

Mahmoud Dawoud Al Marzouq - Most Impactful Real Estate Leaders 2025- Forbes Lists

Forbes Middle East
Designation : CEO Company: Tamdeen Real Estate Company
value seen: CEO
https://www.forbesmiddleeast.com/lists/most-impactful-real-estate-leaders-2025/mahmoud-dawoud-al-marzouq/

Sources: tags

SOCIALdate not shown in source

Mahmoud AlMarzouq

LinkedIn
### Assistant Vice President, Private Equity and Direct Investment - [KFH Capital](https://www.linkedin.com/company/kfhcapital)
value seen: Finance background
held out of the figures · the quote does not carry this value
https://kw.linkedin.com/in/mahmoud-almarzouq-a76a6840

Sources: title

FILINGdate not shown in source

Tamdeen Real Estate Company Annual Report 2025

Tamdeen Real Estate Company
Mahmoud Dawoud Al Marzouq CHIEF EXECUTIVE OFFICER
value seen: Chief Executive Officer
http://www.tamdeenre.com/report/GROUP-English-2025.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
Grand Hyatt Kuwait ResidencesKuwait
Sabah Al Salem
hotel residences82133 floors——————Dec 2023—not scorablecompleted
Al Khiran MallKuwait
Sabah Al Ahmad Sea City
retail3001two-storey———2018May 14, 2018—Jul 2023—not scorablecompleted
Grand Hyatt KuwaitKuwait
hotel3021nine guestroom floors———2015November 11, 2015Jan 2020 – Dec 2020Aug 2022+25.5 mo
(+20.0 to +31.0)
sourcedcompleted
Sheikh Jaber Al Abdullah Al Jaber Al Sabah International Tennis ComplexKuwait
Al-Zahraa
other—————2015October 5, 2015Jan 2019 – Dec 2019Feb 2020+7.5 mo
(+2.0 to +13.0)
sourcedcompleted
Al Kout MallKuwait
Fahaheel
retail——180,000 m²USD 163m
estimated cost
—2018April 16, 2018Apr 2018 – Jun 2018Apr 2018−1.0 mo
(−2.0 to 0.0)
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

5 found
COMPANY AWARD Winner Awarded April 28, 2019; reported April 30, 2019
Real Estate Developer of the Year
Tamdeen Group was named Kuwait’s Real Estate Developer of the Year by a judging panel of industry experts, recognizing its mixed-use projects across Kuwait.
PROJECT AWARD Winner Announced December 3, 2021
ICSC Global Design & Development Award — Gold, Renovations/Expansions, Mixed-use Projects · 360 Kuwait
360 Kuwait won a Gold Award in the mixed-use renovations/expansions category; ICSC identifies Spirit Real Estate Development Co. KSCC/Tamdeen Holding Group K.S.C.C. as the development company.
PROJECT AWARD Winner Reported October 16, 2023
Leisure Project of the Year — National Winner · Al Khiran Mall
Al Khiran Mall was selected as Kuwait’s National Winner in the Leisure Project of the Year category; the report states that SSH worked with Tamdeen Group to deliver construction supervision and project management for the destination.
MEED Projects Awards, in association with Mashreq · https://www.tamdeen.com/awards/national-winner-leisure-project-of-the-year
SUSTAINABILITY Certified Certification received February 13, 2025; reported February 20, 2025
Green Key Certification · Hyatt Regency Al Kout Mall
Hyatt Regency Al Kout Mall received Green Key certification for a second consecutive year, with the report crediting Tamdeen Group, its owning company, for support of the hotel’s sustainability efforts.
PROJECT AWARD Winner Announced October 31, 2017
Design and Development Award — Gold · 360 Mall
360 Mall received a Gold Design and Development Award from ICSC; the official winners record identifies Tamdeen Shopping Centers Co. K.S.C.C. as the owner.

Risks

Risk flags

3 found
LEGAL Reported April 11, 2021; underlying project cancellation in 2008; Tamdeen’s lawsuit filed in 2013.
A Qatar cassation court rejected Barwa Real Estate’s appeal and required it to pay Tamdeen Real Estate KWD 1.44 million (about US$4.77 million) for design and consulting work, plus compensation; the dispute concerned work performed in 2008 before the related project was cancelled. The judgment was reported on April 11, 2021, and the report describes Tamdeen as the successful claimant rather than the party found liable.
DELIVERY DELAY Original completion commitment reported May 13, 2019; ongoing delivery reported for financial year 2023.
Tamdeen stated in May 2019 that Tamdeen Square would be completed by the end of 2019, but its 2023 annual report said that residential units were still being delivered and registered on an ongoing basis, documenting slippage against that original completion commitment; the available evidence does not establish the precise final completion date or whether all remaining units were delayed.
PROJECT CANCELLED Project identified in 2008; cancellation occurred before the 2021 report; court outcome reported April 11, 2021
Qatar’s Baraya mixed-use project in Doha was undertaken as a joint venture of Tamdeen, Imtiaz Investment Company and Barwa Real Estate, and was later reported as cancelled; a 2021 Qatar cassation outcome resolved Tamdeen’s related claim for design and consulting fees, so this is a historical cancelled-project matter rather than evidence of a currently stalled Tamdeen development.

Record status

active
Coverageactive
Tracked sinceOctober 12, 2026
Last checkedOctober 12, 2026 this month
Profile last researchedOctober 12, 2026
Claim
Work for this company? Claiming lets you correct the record with sources and get alerts when it changes.
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.