Friday 22 November 2024
 
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Kipco

Kuwait petchem group QPIC posts $32m H1 profit

Kuwait-based Qurain Petrochemical Industries Company (QPIC) has registered a KD9.61 million ($31.65 million) net profit for the first half of the year, on the back of a robust petrochemical market. Established in 2004, QPIC is a p

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Kuwait petchem group QPIC posts $32m H1 profit

Kuwait-based Qurain Petrochemical Industries Company (QPIC) has registered a KD9.61 million ($31.65 million) net profit for the first half of the year, on the back of a robust petrochemical market. Established in 2004, QPIC is a p

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Kuwaiti developer URC's net profit down 34pc

United Real Estate Company (URC), one of Kuwait’s leading real estate development companies, has  achieved a net profit of KD764,500 ($2.52 million) for the first quarter, down 34 per cent over the same period last year.

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Kipco completes infrastructure work at Hessah Al Mubarak

Kuwait Projects Company (Holding) has announced that the infrastructure work for Hessah Al Mubarak District project, the first-ever comprehensive mixed-use district being developed in Kuwait, has been completed. Kipco is the maste

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Takaud posts solid H1 growth, nets good returns

Takaud, a specialist provider of savings, investment and pension solutions for the Middle East and North Africa (Mena) region, has registered solid growth during the first six months with a 9.9 per cent increase in the mid-year returns for its i

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Kipco starts work on $2.5bn mixed-use development

Kuwait Projects Company (Kipco), the country's largest investment company, said on Sunday that the company had begun construction on its ambitious $2.5-billion real estate project in Kuwait. The Hessah Al Mubarak project, loca

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Kipco expects revenue growth to pick up in 2016

Kuwait Projects Co (Kipco), the Gulf state's largest investment company, expects revenue growth to pick up this year, helped by its core investments in banking, insurance, broadcasting and real estate, it said on Wednesday. Vi

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Al Ruwayeh plays key role in $500m Kipco note

Kuwait-based Al Ruwayeh & Partners (Asar) said it has successfully completed its legal counsel of Kuwait Projects Company (Kipco) on the issuance of a $500 million seven-year note under its $3 billion Euro Medium Term Note (EMTN) programme.

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Kipco to begin bond roadshow on March 1

Kuwait Projects Co (Kipco), a leading investment company, will meet fixed-income investors from March 1 in preparation for a potential dollar bond issue, a document from lead arrangers showed.   The company, whic

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Kipco Q4 net profit rises 10.7pc

Kuwait Projects Company (Kipco), the Gulf state's largest investment company, reported a 10.7 per cent rise in fourth-quarter net profit on Monday. Kipco made a net profit of KD15.8 million ($52.9 million) in the three months

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