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TNI-Kamco to set up $150m Islamic fundThe National Investor's (TNI) private equity arm and Kipco Asset Management Company (Kamco) plan to set up a $150 million Islamic fund, in a sign that private equity activity in the Gulf region is picking up. The Sharia-compliant fund More… |
Kamco profit surges 149pcKipco Asset Management Company, (Kamco), a unit of Kuwait Projects Company (Kipco), reported a 149 per cent rise in second-quarter net profit. Net profit in the three months to June 30 was KD9.7 million ($34.40 million), compared wi More… |
Kamco to get $75m loanKipco Asset Management Company (Kamco) will sign a three-year deal for a $75 million syndicated loan to help settle loans and finance operations, the firm said. Kamco did not name the creditors in a statement, but said they are regional l More… |
