Kuwait City, 6 November, 2010: KIPCO - the Kuwait Projects Company - has launched the Privilege Card scheme for all KIPCO Group employees, giving exclusive discounts and offers across Group companies.

A number of companies under the KIPCO Group - including Burgan Bank, GIC, Orbit Showtime Network, Gulfnet, Kuwait Hotels Company, and Wataniya Airways - are offering exclusive discounts and valuable offers to Group employees.

The Privilege Card reflects KIPCO's appreciation for Group employees and the emphasis it lays on strengthening bonds within the KIPCO family. The Card gives incentives for the employees and allows them to exclusively benefit from discounts and special offers from some of the companies of the Group.

KIPCO is one of the largest and most diversified holding companies in the region. It hopes to further enhance the value of the program by expanding across the region to subsidiaries and sister companies, which would allow over 7000 employees to benefit from the synergy and networking capabilities of the Group.

- Ends -

Notes to Editors:
The KIPCO Group is one of the biggest diversified holding companies in the Middle East and North Africa, with consolidated assets of US$ 18.7 billion. The Group has significant ownership interests in a portfolio of over 60 companies operating across 26 countries. Its main sector focus is financial services, insurance and media. Through the subsidiaries and affiliates of its core companies, KIPCO has interests in the real estate, manufacturing, aviation, education and management advisory sectors.

Further information:
Saad Al Ali Group Marketing and PR Director
Tel: +965 2244 0853
Mobile:+965 9958 0440
Email: saad.mohammad@kipco.com 
 
Eman Al Awadhi
Assistant Manager, Marketing and PR
Tel : +965 180 5885 ext. 1615
Mobile : +965 6033 6399
Email: eman.alawadhi@kipco.com

© Press Release 2010