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KIPCO information


Kuwait Projects Company (Holding)
Company typePublic
IndustryHolding company
Founded2 August 1975 as Kuwait Investment Projects Company
HeadquartersKIPCO Tower,
Khalid Bin Al Waleed Street,
Sharq, Kuwait City
Area served
GCC & MENA Region
Key people
Sheikh Hamad Sabah Al Ahmad Al Sabah (chairman)
Faisal Hamad Al Ayyar (vice chairman)
ProductsCommercial banking, AMIB, insurance, real estate, industrial, investment, media & technology
RevenueIncrease US$2,553 million (2018)[1]
Net income
Increase US$93 million (2018)[1]
Total assetsIncrease US$34 billion (2018)[1]
Total equityDecrease US$3.3 billion (2018)[1]
Number of employees
16000[2]
Websitewww.kipco.com 29°22′33″N 47°59′11″E / 29.37583°N 47.98639°E / 29.37583; 47.98639

Kuwait Projects Company (Holding), known as KIPCO, is an investment holding company in the Middle East and North Africa (MENA) region, with consolidated assets of US$34.2 billion as of 31 December 2018. The group has significant ownership interests in a portfolio of over 60 companies operating across 24 countries. The group's main business sectors are financial services, media, real estate and manufacturing. Through its core companies, subsidiaries and affiliates, KIPCO also has interests in the education and medical sectors.[3]

  1. ^ a b c d KIPCO Financial Statements 2018, KIPCO Website, 9 April 2019
  2. ^ KIPCO Overview, KIPCO Website 28 March 2018
  3. ^ [1] KIPCO Corporate Website retrieved 11 Dec 2018

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