Sokouk Holding Co. - SOKOUK

Activities

Sokouk Holding Company (Sokouk), established on August 23, 1998, initially began as the Intermediate Real Estate Development Company. In July 2005, the company restructured and expanded its objectives, leading to a name change to Sokouk Real Estate Development Company. Later that year, it transitioned into a holding company, becoming Sokouk Holding Company. Sokouk specializes in offering a variety of financing and investment vehicles that comply with Islamic Shari'a principles. This includes medium and long-term investments, providing opportunities for participation, investment, and financing in value-added projects. The company operates through several segments, including Hotel Operations, Real Estate, and Investments. The Hotel Operations segment includes the Millennium Hotel and Convention Center, which provides hospitality services. Sokouk is heavily involved in real estate trading and investment. The company engages in the acquisition, development, and management of investment properties, aiming to capitalize on their value upon redemption dates. Sokouk has created specialized entities to develop new products and innovate investment instruments. This strategic approach has allowed the company to expand its activities and achieve significant success in the real estate sector. Sokouk aims to be a leading holding company in the region, known for its innovative and sustainable investment solutions as well as to deliver exceptional value to stakeholders through strategic investments, efficient operations, and a commitment to excellence and sustainability. Sokouk Holding Company's dedication to quality, innovation, and ethical business practices has established it as a trusted name in the real estate and investment sectors. The company's strategic growth and focus on customer satisfaction ensure its continued success and expansion in the region.