Address
Al Rai Area,
Sheikh Zayed bin Sultan Al Nahyan Road,
The Avenues – 2nd Avenue,
Entrance 9
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Who We Are
Mabanee is a leading real estate developer and partner with a paid-up capital of 140 million Kuwaiti dinars. We deliver exciting, innovative projects that create value for our shareholders and the communities in which we operate and serve. Since 1999, Mabanee has been listed on the Kuwait Stock Exchange (Boursa Kuwait) and is part of the Premier Market Index, as well as more recently, the MSCI Index.
Mabanee operates in key sectors:
Developing mixed-use destinations
Operating and managing shopping malls
Designing and managing projects
Chairman's Statement
A Message From The Chairman
Mohammed Abdulaziz Alshaya
Chairman
Dear Esteemed Shareholders,
On behalf of the members of the Board of Directors, it is my pleasure to extend my sincerest gratitude to you for your trust and continuous support. I am pleased to present to you Mabanee’s Annual Report, which reflects the company’s performance, financial results, operational highlights, and achievements for the financial year which ended in 31/12/2022.
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Board & Management
Awards
PRIDE IN OUR ACHIEVEMENTS
Excellence Awards
The Avenues obtained 3 medals within the Health Promoting Mall Initiative from the Healthy Cities Office - Ministry of Health in the State of Kuwait - for its excellence in: 1- Waste management. 2- Security, safety, and emergency procedures. 3- Community services (citizen service).
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Leed Award - 2024
The Avenues is the first mall in kuwait to obtain the silver LEED certification. LEED is an international certification in Leadership in Energy & Environmental Design.
Brand of the Year - 2022
The Avenues won ‘Brand of the Year’ award at the World Branding Awards in the Shopping Mall category 2022.
MEED Projects Award - 2022
Waldorf Astoria Kuwait won the MEED Projects Award as ‘Hotel Project of the Year’ for 2022.
