Saturday 19 April 2014
 
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Kipco

Kipco posts 34pc revenue growth in 2013

Kipco, the largest investment company in Kuwait by assets, has reported a 34 per cent growth in its revenue for 2013 which rose to KD553 million ($1.96 billion) from KD414 million. The announcement was made at the company’s

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Kipco Q4 net profit surges 75pc

Kuwait Projects Co (Kipco), the country's largest investment company, reported a 75 per cent rise in fourth-quarter net profit on Tuesday, saying its pay-television company OSN had performed especially well. Net profit in the three

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Kipco prices $500m bond issue

Kuwait Projects Company (Kipco), the country's largest investment firm by assets, has announced the successful pricing of a $500 million five-year bond issue in the international capital market, the first from the Mena region in 2014.

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Kipco picks banks for $500m bond issue

Kuwait Projects Co (Kipco), the Gulf state's largest investment firm by assets, plans to issue up to $500 million worth of medium-term bonds and hired a group of international banks to help arrange the sale, it said on Wednesday.

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Kipco honours Kuwaiti students

Kuwait Projects Company (Kipco) hosted a dinner in honour of the students participating in the 30th Conference of the National Union of Kuwaiti Students – USA Branch (Nuks-USA), following the closing ceremony. The event incl

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Kipco Q3 net profit surges 21pc

Kuwait Projects Company (Kipco), the country's largest investment company by assets, has reported a 21 per cent jump in its net profit for the third quarter which hit KD8 million ($28.3 million) compared to $6.6 million last year.

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United Industries profit hits $23m

United Industries Company (UIC), a member of the Kuwait Projects Company (Kipoc) Group, posted a net profit of KD 6.587 million ($23.24 million) for the first nine months of 2013, an increase of 131 per cent over the same period in 2012.

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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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UIC posts $18.6m net profit in H1

United Industries Company (UIC), a member of the Kuwait Projects Company (Kipco) Group, posted KD5.32 million ($18.6 million) in net profit for the first half of 2013. The figure represents an increase of 112 per cent over the sam

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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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