Latest News

UPAC Announces Second Quarter Financial Results in 2017

26 July 2017, KUWAIT

United Projects for Aviation Services Company (UPAC), a publicly-listed commercial real estate company, today announced a net profit of KD 2.29 million for the second quarter of 2017, a 19.7% increase over the same period last year.

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UPAC Holds its AGM for the Financial Year Ending 31st December 2016

11 May 2017, Kuwait

United Projects for Aviation Services Company (UPAC), a leading commercial real estate and facilities management company today held its General Assembly Meeting for the year ending 31st December 2016 with a quorum of 93.69%. The assembly has approved all items covered in the agenda, including the decision taken against the distribution of dividends for the year ending 2016.

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UPAC Announces First Quarter Financial Results in 2017

08 May 2017, KUWAIT

United Projects for Aviation Services Company (UPAC), a leading commercial real estate and facilities management company, today announced earnings of KD 2.18 million (27.72 fils per share) for the first quarter of 2017, recording a 14.5% increase compared to KD 1.9 million over the same period in 2016. UPAC’s revenues grew by 7.4% to KD 3.47 million, compared to KD 3.23 million during Q1 2016.

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In Collaboration with the Kuwait Central Bank

UPAC Organizes Blood Donation Campaign in Kuwait

18 April 2017, KUWAIT CITY

United Projects for Aviation Services Company (UPAC), a leading commercial real estate and facilities management company, organized a blood donation campaign that saw 17 bags of blood, amounting to 8.5 litres, donated to the Kuwait Central Blood Bank.

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Agreement with Majid Al Futtaim Ventures - NREC and UPAC announces new deal

16 April 2017, Abu Dhabi, UAE

Abu Dhabi’s Reem Mall, developed by NREC in partnership with UPAC has announced a significant new partnership with Majid Al Futtaim Ventures, the leisure, entertainment, fashion and business arm of Majid Al Futtaim. The agreement will see Majid Al Futtaim Ventures brings its wide range of leisure and entertainment destinations – including the region’s first standalone, themed, indoor snow park – to the more than US$ 1 billion project.

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