KIPCO announces 6% net profit increase to KD 30 million (US$ 99 million) for 2019
‘Monitoring developments brought on by the COVID-19 pandemic’ says company’s Vice Chairman KIPCO – the Kuwait Projects Company (Holding) – has announced a net profit of KD 30 million (US$ 99 million) for the year ended 31 December 2019, an increase of 6 per cent on...
KIPCO confirms its strong liquidity position and intention to redeem July 2020 debt maturity with existing resources
‘KIPCO's liquidity remains very strong’ says company’s Vice Chairman KIPCO – the Kuwait Projects Company (Holding) – has confirmed that it is on track to retire the US$ 500 million bond maturing in July 2020 out of existing resources, demonstrating its strong...
AUK Library launches Oral History and Documentation Project in collaboration with KIPCO
The Library of the American University of Kuwait (AUK) launched the Oral History and Documentation Project (OHDP), in collaboration with KIPCO – the Kuwait Projects Company (Holding). The project, an initiative by AUK’s Center for Gulf Studies led by its former...
KIPCO Group sponsors Kuwait Aviation Show 2020
KIPCO – the Kuwait Projects Company (Holding) – and its Group companies were the Gold Sponsors of the Kuwait Aviation Show 2020. The event was held under the patronage of H.H. the Amir of Kuwait, Sheikh Sabah Al Ahmad Al Jaber Al Sabah at the Amiri Airport on January...
A New Round of Fintech Investment Means Smart Investing for All!
Sarwa Closes a US$ 8.4 million Series A with KIPCO as the Lead Investor More funds injection means more people will know about how to better invest, faster. The Sarwa team has been in talks with major regional and international investors and just announced that it’s a...
Three e-businesses compete in the final judging round of 5th KIPCO Tmkeen Award for Young Entrepreneurs
KIPCO – the Kuwait Projects Company – and the Youth Empowerment Organization (Tmkeen) held the final judging round to determine the winner of the Fifth KIPCO Tmkeen Award for Young Entrepreneurs. Competing in the final round were three e-media and technology...
KIPCO Group announces diamond sponsorship of New Kuwait Summit 2019
‘Stakeholder engagement and partnerships will propel Kuwait forward’ says company’s Vice Chairman KIPCO – the Kuwait Projects Company (Holding) – has announced that it will be the Diamond Sponsor of the New Kuwait Summit 2019. The event, held under the auspices of...
Three e-businesses qualify for final judging round of 5th KIPCO Tmkeen Award for Young Entrepreneurs
KIPCO – the Kuwait Projects Company – and the Youth Empowerment Organization (Tmkeen) announced the names of the three e-media and technology businesses that have advanced to the final judging round of the Fifth KIPCO Tmkeen Award for Young Entrepreneurs. The...
KIPCO announces net profit increase of 12% to KD 22.8 million (US$ 75 million) for first nine months of 2019
‘Positive performance despite geopolitical tensions in the region’ says company’s Vice Chairman KIPCO – the Kuwait Projects Company (Holding) – has announced a 12 per cent increase in its net profit for the first nine months of 2019, standing at KD 22.8 million (US$...