KIPCO is an advocate of transparency and sound governance, and the launch of its Annual Shafafiyah Investors’ Forum in 2004 is a testament to this. As part of its efforts in this area, KIPCO has maintained active audit and corporate governance functions to ensure that the company’s objectives are met and to assess the performance of KIPCO’s core businesses, while maintaining transparency and corporate disclosure practices.



Dear shareholder,

In 2018, KIPCO’s companies fared well despite the challenges that regional economic circumstances presented. We attribute this stable performance to our continuous internal streamlining and capability building measures across the Group. Drawing strength from our long-term strategy of portfolio diversification, 2018 is our twenty-seventh consecutive year of profitability. 


Dear shareholder,

The last twelve months saw a global trade slowdown, and with the appreciation in the value of the US dollar, borrowing costs have tightened in emerging markets. The World Bank is forecasting a drop in global economic growth from 3% in 2018 to 2.9% in 2019 owing to softened international trade and manufacturing activity, elevated trade tensions and financial market pressures in some of the large emerging markets.



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The Audit Committee shall be established by the Board of Directors under Corporate Governance Regulations issued by Capital Market Authority, Kuwait. The purpose of the Committee is to carry out the main responsibilities relating to:

  • Review financial statements to ensure its soundness and integrity
  • To make recommendations to the Board on the appointment of external auditor and monitor their performance
  • Study accounting policies and provide recommendations thereon to the Board
  • Evaluate the internal control system and prepare a report thereto
  • Supervise the internal audit department and recommend the recruitment and termination of the chief internal auditor
  • Ensure compliance of regulatory rules, policies and instructions thereupon and review the reports of the regulatory authorities



Results of the Subscription in Kuwait Projects Company (Holding)’s Capital Increase

Closure of Subscription in Kuwait Projects Company (Holding)’s Capital Increase

KIPCO’s Analyst/Investor Conference call Minutes for Q3/2021

Conducting KIPCO’s Analyst/Investor Conference call for Q3/2021

Results of KIPCO’s Board of Directors meeting

KIPCO’s Board of Directors meeting



KIPCO is committed to maintaining an open culture with the highest standards of honesty and accountability, where all stakeholders, both internal and external, can report, in good faith, legitimate concerns in confidence.

As part of its Corporate Governance, KIPCO has established a Whistleblower Policy and developed procedures for receiving and addressing concerns regarding questionable accounting, internal accounting controls, auditing and operational matters or any unethical conduct of business involving the Company. Such reported concerns will be raised with the Audit Committee to look into and decide on further action.