Monday 30 March 2015
 
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Kipco

Kipco aims to double profits by 2018

Kuwait Projects Company (Kipco) wants to double its net profit by 2018, according to a statement on Wednesday which also indicated the end of plans to sell or list its pay-television business OSN. The Gulf state's largest list

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Burgan Bank Q4 net profit jumps

Burgan Bank, Kuwait's third-largest lender by assets, reported a 424 per cent rise in fourth-quarter net profit on Tuesday. Burgan, a unit of Kuwait Projects Co (Kipco), made a net profit of KD13.1 million ($44.3 million) in t

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Kipco net profit surges 15pc in 2014

Kuwait Projects Company (Kipco), the country's largest investment company, has registered a net profit of KD46.1 million ($157.4 million) for the year ended December 31, 2014, up 15 per cent over KD40.1 million ($137 million) the previous ye

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Kipco backs NUKS-USA conference

Kuwait Projects Company (Kipco) has been recognised by the National Union for Kuwaiti Students – US Branch for its platinum sponsorship of the 31st Conference of NUKS-USA. The conference was recently held in San Francisco, C

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Kipco sponsors Kuwaiti students meet in US

The Kuwait Projects Company (Kipco) has announced its Platinum Sponsorship of the 31st conference of the National Union of Kuwaiti Students – USA Branch (NUKS-USA). The event, which Kipco is sponsoring for the fourth consecu

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United Industries Company posts $29m profit

United Industries Company (UIC), a member of the Kuwait Projects Company (Kipco) Group, has posted a net profit of KD8.7 million ($29.8 million) for the first nine months of the year. The earnings per share stood at 19.57 fils com

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Kipco Q3 net profit rises 26pc to $35m

Kuwait Projects Co (Kipco), the Gulf state's largest investment company, posted a 26 percent rise in third-quarter net profit on Tuesday. Kipco made a net profit of KD10.1 million ($34.8 million) in the three months to Sept. 3

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Kipco receives approval for stake increase in Burgan Bank

Kuwait Projects Company (Kipco) said it received approval from the country's central bank to increase its stake in Burgan Bank by 5 per cent. A bourse filing by Kipco added that its direct and indirect stake in the Kuwait's thir

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Kipco rejects $3.2bn offer for pay-TV unit OSN

Kuwait Projects Company (Kipco) has rejected a $3.2 billion takeover offer from a US private equity firm for its pay-television subsidiary OSN, the parent company said in a bourse filing on Sunday. Kipco owns 60.5 percent of OSN w

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Kipco picks 25 for leadership programme

Kipco, the Kuwait projects company, has selected 25 youngsters between 16 and 24 to participate in a mentorship programme that provides young people with opportunities acquire life and leadership skills. The fourth generation of T

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