Umm Al Qaiwain General Investments Co (KUW:QIC) Buildings And Improvements : KWD0.00 Mil (As of Mar. 2024)

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What is Umm Al Qaiwain General Investments Co Buildings And Improvements?

Umm Al Qaiwain General Investments Co Buildings And Improvements Historical Data

The historical data trend for Umm Al Qaiwain General Investments Co's Buildings And Improvements can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Umm Al Qaiwain General Investments Co Buildings And Improvements Chart

Umm Al Qaiwain General Investments Co Annual Data

Trend

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Buildings And Improvements

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Umm Al Qaiwain General Investments Co Quarterly Data
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Umm Al Qaiwain General Investments Co Buildings And Improvements Calculation

Buildings are typically valued at the time of acquisition or construction. Broker and architect fees, permits, etc. can be covered within this category. Building components, such as a roof, are normally recorded separately in an asset register since the value and useful lives of these components equal much less than the building itself.

Building improvements that extend the useful life of a building will fall into the category of “building improvements” and should be capitalized. Improvements are commonly recorded at acquisition cost. Building improvement examples include roofing, remodeling, replacements, etc.

Umm Al Qaiwain General Investments Co (KUW:QIC) Business Description

Industry

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QIC:United Arab Emirates

Address

Al Ittihad Street, Fahad Al Salem Street, P.O.Box: 816, Building a Big Market Tower Floor 9, Al Raafah Kuwait: Al Dar Audit - Abdullah Muzaini, Umm Al-Qaiwain, ARE

Website

http://www.qic-uaq.ae

Umm Al Qaiwain General Investments Co is engaged in real estate enterprise investment, development, and institution and management, funds and stock investments. The commercial activities of the company include investment in lands, buildings, education, health sector, general investments, among others. The two geographical segments in which the company operates comprise of the United Arab Emirates and the Gulf Cooperation Council.

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