PRESS RELEASES

Registration for 5th KIPCO Tmkeen Award for Young Entrepreneurs launched

Registration for 5th KIPCO Tmkeen Award for Young Entrepreneurs launched

KIPCO – the Kuwait Projects Company – and the Youth Empowerment Organization (Tmkeen) have announced the start of registration for the annual KIPCO Tmkeen Award for Young Entrepreneurs. This is the fifth year that the two entities come together to organize the award,...

KIPCO announces a 13% increase in net profit for first half of 2019

KIPCO announces a 13% increase in net profit for first half of 2019

KIPCO – the Kuwait Projects Company (Holding) – has announced a net profit of KD 13.58 million (US$ 45 million) for the first six months of 2019, an increase of 13 per cent over the KD 12.06 million (US$ 40 million) reported for the same period last year. Earnings per...

KIPCO completes its rights issue and raises KD 95.08 million in equity

KIPCO completes its rights issue and raises KD 95.08 million in equity

KIPCO – the Kuwait Projects Company (Holding) – announced the successful completion of the company’s share capital increase and the allocation of the shares to the subscribed shareholders. The Board of Directors had approved the capital increase in January, with the...

KIPCO appoints Eric Schumacher as Group Treasurer

KIPCO appoints Eric Schumacher as Group Treasurer

KIPCO – the Kuwait Projects Company (Holding) – announced the appointment of Mr Eric Schumacher as Group Treasurer.Mr Schumacher has close to 30 years of experience in corporate and investment banking, and a proven track record of managing regional and global...

KIPCO Group supports TEDxAUK

KIPCO Group supports TEDxAUK

KIPCO – the Kuwait Projects Company (Holding) – and its Group companies are supporting the second TEDxAUK event, organized by AUK’s Center for Research in Informatics, Science and Engineering (RISE).The event will be held at the Salwa Sabah Al Ahmad Hall on April 27,...