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Kuwait City - KIPCO – the Kuwait Projects Company (Holding) – was recognized by Forbes Middle East as a ‘Top 50 Listed Company in Kuwait 2017’. The award was announced during a gala dinner held at the J.W. Marriott in Kuwait.
The event recognizes publicly listed companies that, through dynamic and strong leadership, are making an impact on Kuwait’s economy. Companies were ranked according to their sales, net profit, assets and market value.
The awards were presented by the Minister of State for Cabinet Affairs and Acting Minister of Information, Sheikh Mohammad Abdullah Al Mubarak Al Sabah, and the President of Arab Publisher House and Publisher of Forbes Middle East, Dr Nasser Bin Aqeel Al Tayyar. Ms Eman Al Awadhi, KIPCO’s Group Communications Director, received the award on behalf of the company.
Mr Faisal Al Ayyar, KIPCO’s Vice Chairman (Executive) said:
“We are delighted to be receiving this recognition from Forbes Middle East for yet another year. KIPCO’s diverse business sectors across the MENA region has enabled us to help grow and develop the communities in which we operate, thereby contributing to the shaping of these economies. Prestigious recognitions and awards, such as this, underline our efforts to achieve business excellence through our successful strategies.”
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About
The KIPCO Group is one of the biggest holding companies in the Middle East and North Africa, with consolidated assets of US$ 33 billion as at 31 March 2017. The Group has significant ownership interests in 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.
© Press Release 2017
