KIPCO announces 13% increase in first quarter net profit

KIPCO announces 13% increase in first quarter net profit

KIPCO – the Kuwait Projects Company – has announced a net profit of KD 13.5 million (US$ 44.7 million) for the first three months of 2016 – an increase of 13 per cent over the KD 12 million (US$ 40 million) profit reported for the same period last year. Earnings per...
KIPCO on track to double its 2014 profit by 2018

KIPCO on track to double its 2014 profit by 2018

At its annual Investors’ Forum, KIPCO – the Kuwait Projects Company – said that while 2016’s difficult trading conditions are expected to result in revenue growth in the high single digits for KIPCO, the company remains on track to double its 2014 profits by 2018....
KIPCO commended for supporting young entrepreneurs

KIPCO commended for supporting young entrepreneurs

KIPCO – the Kuwait Projects Company – was commended for its support of young Kuwaiti entrepreneurs through its recent collaboration with the Youth Empowerment Symposium (Tmkeen) on the KIPCO Tmkeen Award for Young Entrepreneurs. The award, worth US$ 100,000 in...