Friday 25 July 2014
 
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Kipco

Kipco posts 20pc profit increase

Kuwait Projects Company (Kipco) has announced a net profit of KD21.7 million ($77 million) for the first six months of 2014, an increase of 20 per cent on the KD18.1 million profit reported for the same period last year. In the se

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Kipco posts 20pc profit increase

Kuwait Projects Company (Kipco) has announced a net profit of KD21.7 million ($77 million) for the first six months of 2014, an increase of 20 per cent on the KD18.1 million profit reported for the same period last year. In the se

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OSN gets buyout offer from unnamed bidder

Middle Eastern pay-television operator OSN is the subject of a full takeover bid from an unnamed buyer, its parent company said on Sunday, a deal that could prove to be one of the largest acquisitions of a regional business in recent years.

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Kipco renews support for Protégés programme

The Kuwait Projects Company (Kipco) has renewed its partnership with The Protégés, the youth mentorship programme for a second year.   The Protégés is supported by Burgan Bank, Gulf In

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Kipco Q1 profit rises 20pc to $36m

Kuwait Projects Co (Kipco), the Gulf state's largest listed investment company, reported a 20 percent rise in first-quarter profit on Wednesday. Kipco made a profit of 10.3 million dinars ($36.70 million) in the three months t

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United Industries net profit up 43pc

Kuwait-based United Industries Company has registered a net profit of KD5.15 million ($18.2 million) for the first quarter, up 43 per cent when compared to KD3.61 million during the same period in 2013. A member of the Kuwait Proj

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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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