Established in 1978 as a real estate company for the purpose of development and managing prime real estate properties in Kuwait.

In 2004 Al Massaleh Real Estate (a leading real estate company listed on the Kuwait Stock Exchange (KSE)) acquired 100% ownership of Al Taameer and redirected its activities towards the hospitality sector.

In 2005 Al Taameer’s capital was raised from an initial paid-up capital of KD 6 million to KD 20 million via a public offering. The company is now listed on the KSE (Ticker: TAAMEER) with Al Massaleh Real Estate owning just over 50% of outstanding shares and Global Investment House owning over 15% (as of Sep.2008).

In May 2007, Taameer signed the Master Franchise agreement with Wyndham Hotel Group for Ramada and its affiliate brands (Ramada, Ramada Resorts & Suites & Ramada Encore) for Egypt, Jordan, Lebanon, Iraq, Libya & Morocco.

Currently Taameer features a diverse portfolio consisting of 7 operational projects and another 5 that are under development.