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Annual Report 2008
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KIPCO - Work And Beyond

KIPCO expects to double profits in 2009.
At its annual Investor’s Forum, KIPCO – the Kuwait Projects Company - said today that despite the current financial climate it expected to double its annual profit during 2009 if the prevailing market conditions do not deteriorate any further. The company also expects to grow revenue by 10 per cent or more during the year.

KIPCO also announced, that market conditions permitting, it expected during 2009 to launch a regional savings and pension product and private equity fund focused on the MENA region and aimed at the global financial community.
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