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Overview
Kuwait Projects Company has earned a reputation for quality and excellence as a premier investment holding company in the Middle East and North Africa (MENA) region. The company's talented and committed workforce of 8,000 employees worldwide helps it create ideas, connect people, foster an entrepreneurial culture and uphold standards of professional excellence, and most importantly, its commitment to clients.

KIPCO was incorporated in 1975. Since then, the company has grown substantially and made significant investments in a diversified portfolio of companies operating throughout the MENA region and in other countries of the world. KIPCO principally operates in two major business sectors - Financial Services and Media & Technology. Its Group companies utilise the synergies that exist within each sector, as well as across sectors within the KIPCO Group, to offer the best to its customers. KIPCO continually seeks to improve the performance of its portfolio companies by encouraging the adoption of global best practices in managing their businesses.

Apart from aspiring to be a global business leader, KIPCO is committed to making meaningful contributions to society. With a view towards enhancing Kuwait's long-term prosperity, it has identified three areas for development in the Kuwaiti society: education, youth welfare, and health. KIPCO has initiated a series of activities in these areas to enhance quality of life in the community.

KIPCO believes that at the core of its business are its culture, its values, and its people. This is what sets the company apart from others, helps it attract and retain talent, and provide the best to its customers!

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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