KIPCO – the Kuwait Projects Company (Holding) announced that it has signed a US$ 525 million (KD 160.4 million equivalent) credit facility with a group of nine regional and international banks. The facility has an initial February 2025 maturity and a one-year...
KIPCO – Kuwait Projects Company (Holding) – has announced the appointment of Sheikh Sabah Mohammad Abdulaziz Al Sabah as Group Chief Strategic Projects Officer. With extensive knowledge in the industrial and petrochemical operations now under KIPCO’s portfolio, in...
KIPCO – Kuwait Projects Company (Holding) – has announced that it has successfully completed its KD 165 million (US$ 538 million) six-year senior unsecured bond issue. This is the largest KD-denominated bond issue to date, reflecting the confidence of investors in...
Fitch Rating has assigned KIPCO – Kuwait Projects Company (Holding) – a Long-term Issuer Default Rating of ‘BB’ with a Stable Outlook. In its commentary, Fitch’s key rating drivers included the improved asset value diversification and a substantial increase in gross...
‘We seek to enhance the performance of our existing operations & expand into foodstuff, healthcare and education’ says company’s Group CEO KIPCO – the Kuwait Projects Company (Holding) – has announced the completion of its merger by amalgamation with Qurain...
‘Positive Q3 performance from our banking, industrial & real estate operations’ says company’s Group CEO KIPCO – the Kuwait Projects Company (Holding) – has announced a net profit of KD 5.9 million (US$ 19 million) for the first nine months of 2022. Earnings per...
