Thursday , April 26 2018

Tag Archives: KIPCO

KIPCO holds AGM and Shafafiyah Forum 2018, approves 10% cash dividend, 5% stock dividend – Group will continue to uphold prudent internal practices and diversify investments

KUWAIT CITY, April 4: At its Annual Shafafiyah ‘Transparency’ Investors’ Forum, KIPCO — the Kuwait Projects Company (Holding) — said that the challenging operating environment was expected to continue to impact the performance of the Group companies in 2018, but that 2019 should mark the beginning of recovery. At the …

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KIPCO continues collaboration with Tmkeen – Co seeks to support young entrepreneurs

KUWAIT CITY, Feb 20: KIPCO — the Kuwait Projects Company (Holding) — continues to support young Kuwaiti entrepreneurs through its collaboration with the Youth Empowerment Symposium (Tmkeen) on the KIPCO Tmkeen Award for Young Entrepreneurs. Running its third year, this year’s winner of the award — worth $100,000 in services …

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KAMCO, Gulf Bank and NBK Capital advise KIPCO on KWD 100mn issue

Only KWD-denominated corporate bond in 2017 KUWAIT CITY, Jan 7: KAMCO Investment Company, Gulf Bank and NBK Capital acted as Joint Lead Managers for the Kuwait Projects Company (Holding) (KIPCO)’s KWD 100 million, senior unsecured dual-tranche bonds due December 2024. KAMCO, Gulf Bank and NBK Capital’s joint press release highlights …

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KIPCO ‘issues’ 7-year KD bond

DUBAI, Dec 28, (RTRS): Kuwait Projects Co (KIPCO), the Gulf state’s largest listed investment company, has completed a KD 100 million ($331 million) seven-year bond issue, it said on Thursday Corporate bonds in Kuwait are typically shorter-dated issues, but KIPCO said its sevenyear bond will leave it without any debt …

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Kuwait’s market little changed, volume dips – KIPCO slips 7 fils; VIVA gains

KUWAIT CITY, Nov 22 : Kuwait stocks were little changed on Wednesday after retreating earlier in the week. The price index slipped 2.76 pts in volatile trade to 6,228.21 points even as the broader sentiment remained mixed. The blue chips mostly edged into red zone. The KSX 15 gauge eased …

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KIPCO records net profit of KD 22.3 million for 9M – Our core businesses are resilient: CEO – Banking

KUWAIT CITY, Oct 31: KIPCO — the Kuwait Projects Company (Holding) – has announced a net profit of KD 22.3 million (US$ 74 million), or 11.22 fils per share (US$ 3.7 cents), for the first nine months of 2017. This is compared to KD 40 million (US$ 132.4 million), or …

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Kuwait equities extend losses in volatile trade – KIPCO dips 18 fils; Ooredoo jumps

KUWAIT CITY, Aug 30: Kuwait stocks  slipped further on Wednesday extending its losses to third consecutive session. The bourse fell 7.35 pts in volatile session to 6,892.1 points as investors exited positions ahead of the Eid holidays. The blue chips, led by banking shares, closed mostly in red. The KSX …

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KIPCO posts KD 14.1 mln net profit for H1 2017 – ‘Core businesses delivering as projected’

KUWAIT CITY, July 27: KIPCO – the Kuwait Projects Company (Holding) – has announced a net profit of KD 14.1 million (US$ 46.5 million), or 7.76 fils per share (US$ 2.6 cents), for the first six months of 2017, compared to KD 28 million (US$ 92.4 million), or 18.30 fils …

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KIPCO honored by Forbes Middle East – Co named among ‘Top Listed Companies in Kuwait 2017’

KUWAIT CITY, May  24: KIPCO — the Kuwait Projects Company (Holding) — was recognized by Forbes Middle East as a ‘Top 50 Listed Company in Kuwait 2017’. The award was announced during a gala dinner held at the J.W. Marriott in Kuwait. The event recognizes publicly listed companies that, through …

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KIPCO posts KD 5.07m net profit for Q1 2017 – Operational strength will help us face external challenges: Hayat

KUWAIT CITY, May 3: KIPCO — the Kuwait Projects Company (Holding) has announced a net profit of KD 5.07 million ($ 16.6 million), or 1.11 fils per share ($ 0.4 cents), for the first three months of 2017, compared to KD 13.5 million ($ 44.3 million), or 7.45 fils per …

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