KIPCO
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Company type | Public |
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| Headquarters | KIPCO Tower, Khalid Bin Al Waleed Street, Sharq, Kuwait City |
Area served | GCC & MENA Region |
| Products | Commercial banking, petrochemical & oil services, foodstuff, asset management & investment banking, media, real estate, healthcare, logistics and education |
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| Total equity | Increase US$ 2 billion (2023)[1] |
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| Website | www.kipco.com Lua error: callParserFunction: function "#coordinates" was not found. |
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Kuwait Projects Company (Holding), known as KIPCO, is an investment holding company in the Middle East and North Africa (MENA) region. KIPCO, with consolidated assets of $40.1 billion as of 31 December 2023, operates in 20+ countries across multiple industries. KIPCO is a multi-sector operator with portfolio companies in commercial banking, petrochemical & oil services, foodstuff, asset management & investment banking, media, real estate, healthcare, logistics, and education.[3]
History
KIPCO was incorporated on 2 August 1975 under Article 94 of the Kuwaiti Commercial Companies Code, Law No. 15 1960. Since incorporation, the company has grown and made investments in a diversified portfolio of companies operating throughout the Gulf Cooperation Council (GCC ) and the wider Middle East and North Africa (MENA) region.[citation needed]
References
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- ^ a b c d KIPCO Annual Report 2023, KIPCO Website, 21 June 2024
- ^ KIPCO Overview, KIPCO Website 28 March 2018
- ^ [1] KIPCO Corporate Website retrieved 17 July 2024