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Mission
KIPCO aims to continually improve the performance of its portfolio companies by encouraging them to adopt global best practices and utilise synergies within the Group to manage their businesses, while ensuring that they act as responsible corporate citizens:

  • It aims to be a dynamic and proactive company that creates and develops opportunities in its core business sectors.
  • It seeks to realise the greatest value from its assets and maintain firm control of its cost base.
  • It believes in sharing the company's success with its employees and business partners.

KIPCO - Work And Beyond

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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