National Ranges Company "Mayadeen"

The National Ranges Company "Mayadeen", also known as Mayadeen, was established in May 1998 as a Closed Kuwaiti Shareholding Company, with a paid-up capital of KD 2.43 million (USD 8.5 million). It was listed on the Kuwaiti Stock Exchange in June 2005. In July 2006, Mayadeen increased its capital to KD 100 million (USD 348.6 million) as part of its expansion and diversification strategy aiming to position itself as a major player in the GCC real estate markets. Mayadeen is actively pursuing real estate opportunities locally and regionally, with development projects exceeding US 1.2 Billion $ in both Abu Dhabi & Dubai. The company operates in the sports industry.