KIPCO is a long-standing regional champion of corporate governance and has developed a reputation in the global financial community for openness and transparency. For example, in 2005, KIPCO became the first publicly-listed investment company in the Middle East to host a regular meeting for all stakeholders.
Since then, KIPCO’s annual Shafafiyah (transparency) forum has become a focal point of the company’s reporting year. As part of the meeting, stakeholders, financial analysts and media question the company on past and future performance.This regular two-way dialogue between KIPCO and our stakeholders is part of our corporate governance activity, which also includes regular briefings with international financial analysts, credit ratings agencies and news organizations. KIPCO also maintains current international accounting standards within all its financial reporting, internal audit and risk management processes.
KIPCO believes that maintaining international levels of corporate governance is important for three reasons: first, these standards allow the company to access international capital markets as a ‘tried and trusted’ investment partner; second, good standards of corporate governance have allowed KIPCO to distinguish itself from most other listed companies within the region; and third, as one of Kuwait’s leading companies, KIPCO is committed to the development of Kuwait as a regional investment hub. The establishment of international corporate governance standards within the country is an essential part of this objective.
To view the latest Shafafiyah presentation, please click here.
If you would like to know more about KIPCO’s Shafafiyah programme, please contact our investor relations team.
Investment opportunities with the KIPCO Group:
KIPCO is one of the leading investors in the Middle East and North Africa region. If you have an investment opportunity you think our investment team would like to know more about, please contact: firstname.lastname@example.org
KIPCO receives a large number of unsolicited investment opportunities and it is not always possible to respond to every one. If your opportunity matches our investment criteria, one of our investment team will contact you. Please do not send details of your opportunity as an email attachment. Our security policy prevents opening attachments contained within unsolicited emails.