The Kuwait Projects Company (Kipco) has purchased a 51 per cent stake in Jordan Kuwait Bank (JKB) from Burgan Bank, the bank announced earlier today.
The purchase is part of a series of transactions by Burgan B
Kuwait’s projects market received a KD5.2-billion ($17.1 billion) boost with the awarding of a new refinery and an airport terminal in recent weeks, bringing the total value of contracts awarded in 2015 to KD8.4 billion ($28 billion), a re
Kuwait Projects Co (Kipco), the country's largest investment company by assets, reported a 11 percent rise in second-quarter net profit on Wednesday and said it was on track for double-digit revenue growth this year.
Investment group Kuwait Projects Co (Kipco) said it would bid for a stake in Kuwait Health Assurance Co (KHAC) - the first such announcement since the bidding process opened in April.
KHAC, which wants to sell a 26 percent strateg
Kuwait Projects Co (Kipco), the country's largest investment company by assets, reported flat first-quarter net profit on Tuesday, a bourse filing said.
Net profit in the three months to the end of March was 8.57 million dinar
Opportunities in Kuwait’s $200 billion projects market will be in the spotlight at a three-day conference opening tomorrow (November 29)
The conference, hosted by Meed, will run until December 1 at the JW Marriott Hotel.
Kuwait Projects Co (Kipco), the country's biggest investment company by assets, posted a 61 per cent decline in its second-quarter net profit.
Net profit for the quarter came in at KD4.83 million ($16.86 million), down from KD12.4 mill