Therefore, it made every effort to develop its works in the real estate field by forming an alliance with strategic partners to support its ambitious in expending its distinguished real estate works, whereas it transformed its legal entity into a Kuwaiti shareholding closed company in May 2005 and increased its capital to Kuwaiti Dinars 32,658,228 ( 120 Million $) with the joining of partners owning a very important expertise, a high competence, a financial solvency and firmly established relations in national and international markets for the purpose of promoting projects of creative ideas that attract clients and investments for what they will perceive of noticeable interests in dealing with Al Waseela Company for Real Estate Development Projects.