United Real Estate Company (URC) is one of the largest Real Estate firms in Kuwait with an asset base of KD 323,270,000 as of 2009 financial. It has operations in Kuwait and across the Middle East region through a mix of fully-owned properties, subsidiaries and through investment arms. The company manages numerous commercial, business and residential properties as well as regionally-renowned resorts. As part of its expansion strategy, URC aims to continually search for new, innovative and profitable projects. URC is the Real Estate arm of Kuwait Project Company KIPCO, one of the largest diversified holding companies in the Middle East and North Africa with assets under management of US$ 23 billion.