KIPCOlife

For business and social news from companies across the KIPCO Group, please find below the latest editions of our internal magazine:


Read in KIPCO Life October 2016

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KIPCO and its partners announce details of Hessah Al Mubarak District

KIPCO and its partners have unveiled the brand identity for the Hessah Al Mubarak District. The project, with its unique location at the outskirts of Kuwait City and overlooking the Arabian Gulf Sea, is Kuwait’s first-ever comprehensive, mixed-use development. In this urban neighborhood, people can live, work, shop and spend leisure time, creating ‘The Center of Vibrant Living’. In a press conference announcing details of the project, Mr Faisal Al Ayyar, KIPCO’s Vice Chairman (Executive), said that the development aims to offer quality lifestyle to Kuwaitis and expatriates alike, “This project offers a new approach to upperscale, integrated, urban, mixed-use developments in Kuwait. We have taken a holistic approach to design, creating a richness and sense of connectivity through architecture and landscaping.

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JKB reopens branch in Cyprus

Under the patronage of His Excellency the President of Cyprus, H.E. Mr Nicos Anastasiades, JKB recently celebrated the grand reopening of the Cyprus Branch in Limassol and its 15th anniversary in Cyprus. A reception was held at the newly relocated branch, followed by a gala dinner at the Four Seasons Hotel (Limassol) attended by the Minister of Finance, H.E. Mr Harris Georgiades, who represented H.E. the President. The gala dinner was also attended by H.E. Ms Chrystalla Georghadji, the Governor of the Central Bank of Cyprus; H.E. Mr Abdel Karim Kabariti, Chairman of JKB’s Board of Directors; Mr Faisal Al-Ayyar, KIPCO’s Vice Chairman (Executive); members of the Board of Directors and members of the bank’s executive management. Also in attendance were government officials and dignitaries representing Jordan, Cyprus and Kuwait.

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KIPCO and GIG recognized by Forbes Middle East

KIPCO was recognized by Forbes Middle East as a ‘Top Arab Company in the Arab World 2016’ for the third consecutive year. KIPCO’s award was announced during a gala dinner held at the Jumeirah Messilah Beach Hotel & Spa in Kuwait. Gulf Insurance Group was recognized amongst the top companies in Kuwait. The event recognizes publicly listed companies that, through dynamic and strong leadership, are shaping the future of Arab economies and making an impact on a global scale. Companies were ranked according to their total revenue, net profit, total assets and market capitalization.

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