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 January 2016

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KIPCO’s net profit rises 17% for Q3 2015

3% to KD 451.7 million (US$ 1.49 billion) compared to KD 438.3 million (US$ 1.45 billion) reported for the first nine months of last year. KIPCO’s consolidated assets increased in the first nine months of 2015 to KD 9.5 billion (US$ 31.4 billion) from KD 9.3 billion (US$ 30.8 billion) at yearend 2014.


Gulfsat invests in a new satellite

Gulfsat invested in the new satellite E8WB which was launched in August from French Guinea in South America by the Alien Space Company.


Safir International signs a contract with Misr Hotels

Safir International Hotel Management Company has signed a contract with the Egyptian-based Misr Hotels Company to manage Dahab Resort on the Red Sea, in South Sinai Governorate. The contract was signed by Kuwait Hotels Company CEO, Mr Fawzi Al Musallam, and by Misr Hotels Board Chairman, Mr Ihab El Kerdani.

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