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ÀÖ¾ºÌåÓýµÇ¼ƽ̨ Real Estate Company Wins Prestigious MEED Awards

Dec 05 , 2024

Kuwait City by URC | Press Release

ÀÖ¾ºÌåÓýµÇ¼ƽ̨ Real Estate Company (URC), won the national-level “Development Project of the Year” Award for Hessah Towers in Kuwait, and the “Refit Project of the Year” award for Waldorf Astoria Cairo Heliopolis in Egypt at the MEED Awards for Projects 2024.

This double win is a reaffirmation of URC’s leading position in the Real Estate sector in providing outstanding architectural icons in the State of Kuwait and abroad.

Reflecting on this recognition, Mr. Mazen Hawwa, URC Vice-Chairman and Group Chief Executive Officer, said: “We are delighted to receive these prestigious MEED awards. This recognition stands as a testament to our accomplishments as a leading real estate developer, demonstrating our commitment to excellence and innovation in building more connected communities. It also reflects the collective efforts of URC’s team, who continuously strive to deliver the best solutions for our clients."

Commenting on the Hessah Towers award, Ms. Lujain Al Saleh, Chief Sales and Marketing Officer, said: “The award reflects the unique design, progressive infrastructure, and strategic location of Hessah Towes, offering stunning views and an elevated living experience. What URC has created is more than a residential building—it’s a vibrant community shaped by a deep understanding of our clients' needs and lifestyles.””

Ms. Al Saleh added: “Hessah Towers is a testament to our vision of creating spaces that combine functionality, comfort, and connectivity, setting a new benchmark for modern residential developments.”

As for receiving the “Refit Project of the Year” award for Waldorf Astoria Cairo Heliopolis, it reflects the preservation of authenticity, as the design of the hotel draws inspiration from the city's rich history and culture and carries ancient Egyptian influences that have been revived in a modern way. The hotel's décor was inspired by the Art Deco era, with touches of pharaonic art and nature inspired paintings.

With its distinctive architectural style, the hotel offers an elegant atmosphere and exceptional experiences that match the demands and needs of guests from the heart of Cairo, providing a luxurious retreat and an oasis of calm amidst enchanting, lush botanical gardens that offer a sophisticated and relaxing stay away from the hustle and buzz of the City Centre.

With its 252 luxurious and elegant contemporary rooms and suites, as well as the fine dining restaurants that will take guests on a journey of culinary discovery, the hotel's other facilities include the Waldorf Astoria Spa and stunning state-of-the-art event spaces.

It is worth mentioning that the MEED Awards is one of the most prestigious events in the Middle East that aims to recognize and honor progressive and outstanding Real Estate projects in design, construction and engineering.


About URC

ÀÖ¾ºÌåÓýµÇ¼ƽ̨ Real Estate Company. K.S.C.P (URC) is one of the leading real estate developers in Kuwait and the MENA region, with consolidated assets of Approx. KD 675 million (US$ 2.2 Billion) as of 31 March 2025. Head quartered in Kuwait, URC was founded in 1973 and was listed on the Kuwait Stock Exchange in 1984.

URC primarily operates through a number of operating subsidiaries and investment arms across the MENA region. URC's core business is real estate development and operations and enjoys a diversified portfolio of assets that include retail complexes, hotels, residential properties, and high-rise office buildings.

URC’s operations extend to construction and contracting services, facility management, and project management through its several subsidiaries. URC's portfolio of assets is geographically spread throughout the MENA region and includes Marina World, Marina Hotel, and KIPCO Tower in Kuwait, Salalah Gardens Mall & Residences in Oman, Abdali Mall in Jordan, Raouche View 1090 in Lebanon, Hilton Cairo Heliopolis & Waldorf Astoria Hotels, and Aswar Residences in Egypt, and Assoufid development including a golf resort, five-star hotel, and premium residences in Morocco.

URC is the real estate arm of its majority shareholder, Kuwait Projects Company – Holding (KIPCO Group), a holding company that focuses on investments in the Middle East and North Africa. It’s strategy of acquiring, building, scaling and selling companies in the MENA region has worked successfully for over 30 years. KIPCO’s main business sectors are financial services, media, real estate, and industry. KIPCO’s financial service interests include holdings in commercial banks, insurance companies, asset management, and investment banking.

Contact Info

Salem Al Khulaqi

Communications Manager – Sales & Marketing
ÀÖ¾ºÌåÓýµÇ¼ƽ̨ Real Estate Company

T (+965) 2295 3671

F (+965) 2244 1003

[email protected]