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Thursday, 30 May 2024 11:19 UAE time

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Kuwait Projects Company - Kuwait

Main Category: Investment Companies
First Address : 23982
Second Address : KIPCO Building
City : Kuwait City
Country : Kuwait
Phone: 965 805885
Fax: 965 2435790
Email: kipco@kipco.com
Website: www.kipco.com


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Kuwait Projects sees $70m profit from Gulf Insurance stake

Kuwait's biggest privately owned inv't firm sold 39.2% of its stake to Fairfax.

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Kuwait's KIPCO eyes strategic partnership in insurance

Kuwait Projects Co in talks with an 'outside party' for insurance business deal.

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KIPCO announces 49% fall in Q1 net profit

Kuwaiti investment giant eyes sustained recovery by end of the year - COO.

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KIPCO to launch pension company in Bahrain

Investment firm plans to sell pension products worth up to $500m in first five years.

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Kipco says $500m bonds successfully issued

Kuwait conglomerate receives thumbs up from investors as issue is 6X oversubscribed.

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Moody's downgrades KIPCO’s outlook

Ratings agency cites worsening credit trends at investment firm's Burgan Bank and United Gulf Bank units.

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KIPCO's Q2 profit drops 56.5%, provisions weigh

UPDATE 1: Despite hit Kuwaiti investment firm is confident for rest of 2009.

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Bogus late-night calls from Al-Braikan - witness

Phone calls could come at any time, but always had same message: "Hi, Hazem here. I have a major scoop for you."

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Kuwait's KIPCO Q1 profit falls, confirms '09 target

Dollar appreciation against dinar hits margins at industrial conglomerate.

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Burgan Bank sees annual profits halved

Kuwait bank sees annual profits halved to 37.8m dinars after Q4 loss calculated at 28.4m dinars. 

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Kuwait's KIPCO says sees tough Q1 - paper

Kuwait Projects Co CEO still interested in expanding in the Mid East and North African regions.

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KIPCO delays depositary receipts sale

UPDATE 1: Sale of GDR abroad postponed due to bad market conditions, says CEO.

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KIPCO profit jumps 45% after banking unit sale

Kuwaiti firm boosts Q3 net income to $93.2mn after selling stake in Jordan Kuwait Bank.

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Bahrain's UGB bank Q3 up 10-fold after stake sale

KIPCO unit United Gulf Bank reports quarterly profit of $276mn after exceptional item.

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KIPCO keeps '08 outlook after fees boost Q2

Kuwait firm's 30% rise in income leaves it on target for $414mn year total.

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Kuwait's Burgan Bank profit misses forecasts

Despite huge growth in loans and deposits, income increases only 6.3% to $84.3mn.

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Kipco in talks to launch Mideast pension firm

Kuwaiti holding firm could sell global depositary receipts worth up to $1bn - CEO.

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Third Kuwaiti airline to take off in '09

Wataniya Airways to begin operations in Jan, looking to tap growth in Middle East's booming aviation sector.

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Kipco in talks to sell depositary receipts

Kuwaiti firm in talks with international banks to sell GDRs worth up to 15% of share capital, paper says.

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Burgan Bank to snap up UGB assets for $728mn

Kuwaiti investment bank agrees to buy foreign assets, part of international expansion.

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Burgan Bank closes in on $1bn United Gulf deal

Kuwait investment bank to buy commercial lending activities of Bahrain bank.

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Kipco profit driven by banking unit

Kuwait Projects Company sees Q1 net income double to $112.8mn on growth of Burgan Bank unit.

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Bahrain's United Gulf buys into Dubai Islamic unit

Lender agrees undisclosed stake in Millennium Finance to help it expand.

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Kamco launches $61mn investment firm

Asset management firm will target Middle East investors wishing to comply with Islamic law.

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Construction, industry drive Kipco profit

Kuwaiti holding firm's net income more than triples in Q3 to $155mn as revenues surge.

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Kuwait fund denies Ahli stake claims

State investors say reports of a sale of Ahli United Bank stake are incorrect.

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Kuwait Projects plans $1bn investment bank

Bank is part of a strategy to target foreign markets, especially in Asia and Europe.

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Showtime IPO unlikely this year

Kuwait Projects Company said it may sell shares of its satellite TV network, Showtime Arabia to the public in 2008, two years later than initially planned.

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Qatar to ring in telecoms sector

The emirate is in a bid to launch a liberalised telecommunications sector that will compete with the state-run Qatar Telecom.

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