Latest News

UPAC Records KD 2.85 million Net Profit in Q2 2018

05 August 2018, KUWAIT

United Projects for Aviation Services Company (UPAC), a leading commercial real estate and facilities management company, today announced its financial results for the second quarter of 2018. UPAC recorded a net profit of KD 2.85 million, an increase of 24.5% over the same period in 2017. UPAC’s revenue for Q2 2018 of KD 3.47 million is on par compared with KD 3.46 million in Q2 2017.

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Reem Mall strives for digital innovation with appointment of Digital Experience Manager

22 July 2018, Abu Dhabi, UAE

Milat Sayra Berirmen, Harvard-alum and one of the business innovation industry’s most respectable strategists, has been appointed as Digital Experience Manager for Reem Mall, Abu Dhabi’s up and coming retail, dining, leisure and entertainment destination.

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Construction of Abu Dhabi’s US$1.2bn Reem Mall gathers momentum

24 June 2018, Abu Dhabi , UAE

Al Farwaniya Property Developments, the developer behind Reem Mall, Abu Dhabi’s up and coming retail, dining and leisure destination, today showcased the construction progress of the US$ 1.2bn project.

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UPAC Records KD 2.2 million Net Profit for the First Quarter of 2017

13 May 2018, KUWAIT

United Projects for Aviation Services Company (UPAC), a leading commercial real estate and facilities management company, announced today its financial results for the first quarter of 2018. The company recorded a net profit of KD 2.2 million for Q1 2018, a 2.5% increase over the same period in 2017. UPAC’s revenues grew by 4.3% to KD 3.6 million, compared to KD 3.5 million during Q1 2017.

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H.E. Sheikh Nahyan bin Mubarak Al Nahyan witnesses Reem Mall Foundation Stone Laying Ceremony

06 May 2018, Abu Dhabi, UAE

In presence of His Excellency Sheikh Nahyan bin Mubarak Al Nahyan, Minister of Tolerance, as well as a number of senior Abu Dhabi government officials and industry leaders from the private sector, Al Farwaniya Property Developments; a partnership between Kuwait-based Agility, Agility affiliate United Projects for Aviation Services Company (UPAC), and National Real Estate Company (NREC), celebrated laying the foundation stone for Reem Mall.

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