# KIPCO

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{{Short description|Investment and holding company in Kuwait}}
{{Infobox company
| name = Kuwait Projects Company (Holding)
| logo = Kuwait Projects Company (Holding) - KIPCO Logo.png
| type = [Public](/source/Public_company)
| industry = [Holding company](/source/Holding_company)
| founded = 2 August 1975 as Kuwait Investment Projects Company
| hq_location = KIPCO Tower,<br>Khalid Bin Al Waleed Street,<br>Sharq, [Kuwait City](/source/Kuwait_City)
| area_served = GCC & MENA Region
| products = Commercial banking, petrochemical & oil services, foodstuff, asset management & investment banking, media, real estate, healthcare, logistics and education
| revenue = {{increase}} US$ 4.2 billion (2023)<ref name=AR2023>[https://kipco.com/investor-relations/annual-reports-financial-statements/  KIPCO Annual Report 2023], KIPCO Website, 21 June 2024</ref>
| net_income = {{increase}} US$ 98 million (2023)<ref name=AR2023/>
| assets = {{increase}} US$ 40.1 billion (2023)<ref name=AR2023/>
| equity = {{increase}} US$ 2 billion (2023)<ref name=AR2023/>
| num_employees = 16000<ref>[http://www.kipco.com/KIPCO/About-KIPCO KIPCO Overview], KIPCO Website 28 March 2018</ref>
| website = [http://www.kipco.com/ www.kipco.com]
{{coord|29|22|33|N|47|59|11|E|display=inline,title}}
}}

'''Kuwait Projects Company (Holding)''', known as '''KIPCO''', is an investment holding company in the [Middle East](/source/Middle_East) and [North Africa](/source/North_Africa) ([MENA](/source/Middle_East_and_North_Africa)) region. KIPCO, with consolidated assets of $40.1 billion as of 31 December 2023, operates in 20+ countries across multiple industries. KIPCO is a multi-sector operator with [portfolio companies](/source/Portfolio_company) in [commercial bank](/source/commercial_bank)ing, [petrochemical](/source/petrochemical) & [oil services](/source/oil_services), foodstuff, [asset management](/source/asset_management) & [investment banking](/source/investment_banking), [media](/source/Media_(communication)), [real estate](/source/real_estate), [healthcare](/source/Health_care), [logistics](/source/logistics), and [education](/source/education).<ref>[https://kipco.com/wp-content/uploads/2024/05/KIPCO-Equity-presentation_21-May-2024_compressed-compressed.pdf] KIPCO Corporate Website retrieved 17 July 2024</ref>

==History==
KIPCO was incorporated on 2 August 1975 under Article 94 of the Kuwaiti Commercial Companies Code, Law No. 15 1960. Since incorporation, the company has grown and made investments in a diversified portfolio of companies operating throughout the [Gulf Cooperation Council](/source/Gulf_Cooperation_Council) ([GCC ) and](/source/Gulf_Cooperation_Council) the wider [Middle East and North Africa](/source/Middle_East_and_North_Africa) ([MENA](/source/Middle_East_and_North_Africa)) region.{{cn|date=March 2025}}

==References==
{{Reflist}}

==External links==
*[http://www.kipco.com KIPCO official site]

Category:Financial services companies of Kuwait
Category:Financial services companies established in 1975
Category:1975 establishments in Kuwait
Category:Companies based in Kuwait City

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Adapted from the Wikipedia article [KIPCO](https://en.wikipedia.org/wiki/KIPCO) by Wikipedia contributors ([contributor history](https://en.wikipedia.org/wiki/KIPCO?action=history)). Available under [Creative Commons Attribution-ShareAlike 4.0 International](https://creativecommons.org/licenses/by-sa/4.0/). Changes may have been made.