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Sheikh Hamad Sabah Al Ahmad Al Sabah
Chairman
Faisal Hamad Al Ayyar
Vice Chairman
Abdullah Yacoub Bishara
Board Director
Sheikh Abdullah Nasser Sabah Al Ahmad Al Sabah
Board Director
Sheikh Sabah Nasser Sabah Al Ahmad Al Sabah
Board Director
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KIPCO expects profit growth in 2010.
At its annual Investor's Forum, KIPCO - the Kuwait Projects Company - said today that, despite the current financial climate, it is targeting an increase in profit and revenues for the year
KIPCO also announced that it intends to launch a Retakaful (reinsurance) company during 2010. The Retakaful company will partner with companies that have established distribution networks in the MENA region. KIPCO's new savings and pensions company - Taka'Ud Savings & Pensions - is the process of being established and is awaiting regulatory approval. Taka'Ud will offer the region's first range of private pensions and savings products.
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