KIPCO
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.
| Company type | Public |
|---|---|
| Industry | Holding company |
| Founded | 2 August 1975 as Kuwait Investment Projects Company |
| Headquarters | KIPCO 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) |
| Products | Commercial banking, AMIB, insurance, real estate, industrial, investment, media & technology |
| Revenue | US$2,553 million (2018) |
| US$93 million (2018) | |
| Total assets | US$34 billion (2018) |
| Total equity | US$3.3 billion (2018) |
Number of employees | 16000 |
| Website | www.kipco.com 29°22′33″N 47°59′11″E |
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