The GCC projects market experienced a slowdown in the first quarter due to the Middle East conflict with the total value of contracts plunging 9.7% to $61.2 billion, according to a report. This contraction was driven largely by a substantial downturn in contract awards within Saudi Arabia and UAE.
Kamco Invest, a regional non-banking financial powerhouse, has announced solid results for FY 2025 with a total revenue of KD34 million ($111 million), up 25.5% over the previous year's figures of KD25.4 million ($82.7 million), while its net profit grew two-fold to hit KD9.2 million ($30 million) over 2024.
Kamco Invest, a regional non-banking financial powerhouse, has announced a strategic partnership with Badie Investment for the establishment of a SAR500 million ($133 million) real estate investment fund to develop an iconic tower within Riyadh’s 135-km Sports Boulevard project.
Kamco Invest, a regional non-banking financial powerhouse based in Kuwait, has signed a strategic agreement with New Jersey-based PGIM, the global asset management business of Prudential Financial (PFI), to enhance and expand its investment offerings across wealth and asset management.
Kamco Invest, a regional non-banking financial powerhouse, has announced that its private equity team has acquired a stake in Unifonic, a leading customer engagement platform and SaaS provider in the Mena region.
Burgan Bank has joined hands with Kamco Invest to host the third edition of their exclusive Investment Conference in Kuwait. This year’s conference brings together decision-makers, economists and industry experts to examine the forces redefining capital allocation and opportunity identification.
