Sunday 26 June 2016
 
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Kuwait projects

Egyptian builder eyes $2bn Kuwait projects

Societe Egyptienne D’entreprises (Moukhtar Ibrahim), one of the leading construction firms in Egypt, is actively looking at major infrastructure and industrial projects in Kuwait and hopes to win a share of the lucrative $2 billion

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Kipco Group purchases JKB stake from Burgan Bank

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

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Kuwait awards $28bn contracts this year

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

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Kipco Q2 net profit up 11pc to $33m

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. Net profi

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Kipco eyes health insurance company stake

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

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Kipco reports flat Q1 net profit

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

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Spotlight on $200bn Kuwait projects

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. The openin

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Kipco Q2 profit dives 61pc

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

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