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Egyptian builder eyes $2bn Kuwait projectsSociete Egyptienne D’entreprises (Moukhtar Ibrahim), one of the leading construction firms in Egypt, is actively looking at major infrastructure and industrial projects in Kuwait and hopes to win a share of the lucrative $2 billion More… |
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Kipco Group purchases JKB stake from Burgan BankThe Kuwait Projects Company (Kipco) has purchased a 51 per cent stake in Jordan Kuwait Bank (JKB) from Burgan Bank, the bank announced earlier today. The purchase is part of a series of transactions by Burgan B More… |
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Kuwait awards $28bn contracts this yearKuwait’s projects market received a KD5.2-billion ($17.1 billion) boost with the awarding of a new refinery and an airport terminal in recent weeks, bringing the total value of contracts awarded in 2015 to KD8.4 billion ($28 billion), a re More… |
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Kipco Q2 net profit up 11pc to $33mKuwait 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 More… |
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Kipco eyes health insurance company stakeInvestment 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 More… |
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Kipco reports flat Q1 net profitKuwait Projects Co (Kipco), the country's largest investment company by assets, reported flat first-quarter net profit on Tuesday, a bourse filing said. Net profit in the three months to the end of March was 8.57 million dinar More… |
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Spotlight on $200bn Kuwait projectsOpportunities in Kuwait’s $200 billion projects market will be in the spotlight at a three-day conference opening tomorrow (November 29) The conference, hosted by Meed, will run until December 1 at the JW Marriott Hotel. The openin More… |
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Kipco Q2 profit dives 61pcKuwait Projects Co (Kipco), the country's biggest investment company by assets, posted a 61 per cent decline in its second-quarter net profit. Net profit for the quarter came in at KD4.83 million ($16.86 million), down from KD12.4 mill More… |
