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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. History KIPCO was incorporated on 2 August 1975 under Article 94 of the Kuwaiti Commercial Companies Code, Law No. 15 1960."EMTN Programme 2018" KIPCO Website 28 March 2018 Since incorporation, the company has grown substantially and made significant investments in a diversified po ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Gulfsat
Gulfsat provides satellite communications solutions in the state of Kuwait. It was established in 1995 with the partnership of the Kuwait Ministry of Communications and Hughes Network Systems. Gulfsat is a member of 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 interest ... Group, the region's leading investment group. Company history Gulfsat started in 1995 by leasing ministry of communication uplink facility in Um Al-Hayman. In 2002 Gulfsat started expanding its operations by investing in building two worldwide hubs in the United States and Germany currently not operationally. Gulfsat owns and operates its own communications infrastructure through leasing satellite capacity from AM-44 satellite Russian satellite owned by RISCC, thus maintaining long-term partnerships with ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Burgan Bank
Burgan Bank, established 1977, is Kuwait's second largest conventional bank by assets. It is a subsidiary of Kuwait Projects Company Holding and operates a network of 24 branches and over 100 ATMs. Burgan is one of the youngest banks in Kuwait. Burgan Bank recorded a profit of 74.8 million Kuwaiti Dinars for the year 2007, up 34% from 55.7 million in 2006. Ahmad Al Abdullah Al Sabah is one of the former chairmen of the bank. On 23 December 2012, Burgan Bank acquires from Eurobank a 70% stake in Tekfenbank, which is a Turkish bank in Cyprus Cyprus ; tr, Kıbrıs (), officially the Republic of Cyprus,, , lit: Republic of Cyprus is an island country located south of the Anatolian Peninsula in the eastern Mediterranean Sea. Its continental position is disputed; while it is .... References External linksOfficial website [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Public Company
A public company is a company whose ownership is organized via shares of stock which are intended to be freely traded on a stock exchange or in over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange ( listed company), which facilitates the trade of shares, or not ( unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states, and therefore have associations and formal designations which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation (though a corporation need not be a public company), in the United Kingdom it is usually a public limited company (plc), ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Holding Company
A holding company is a company whose primary business is holding a controlling interest in the securities of other companies. A holding company usually does not produce goods or services itself. Its purpose is to own shares of other companies to form a corporate group. In some jurisdictions around the world, holding companies are called parent companies, which, besides holding stock in other companies, can conduct trade and other business activities themselves. Holding companies reduce risk for the shareholders, and can permit the ownership and control of a number of different companies. '' The New York Times'' also refers to the term as ''parent holding company.'' Holding companies are also created to hold assets such as intellectual property or trade secrets, that are protected from the operating company. That creates a smaller risk when it comes to litigation. In the United States, 80% of stock, in voting and value, must be owned before tax consolidation benefits such ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Kuwait City
Kuwait City ( ar, مدينة الكويت) is the capital and largest city of Kuwait. Located at the heart of the country on the south shore of Kuwait Bay on the Persian Gulf, it is the political, cultural and economical centre of the emirate, containing Kuwait's Seif Palace, government offices, and the headquarters of most Kuwaiti corporations and banks. It is one of the hottest cities in summer on earth, with average summer high temperatures over 45 °C (113 °F) for three months of the year. As of 2018, the metropolitan area had roughly 3 million inhabitants (more than 70% of the country's population). The city itself has no administrative status. All six Governorates of Kuwait, governorates of the country comprise parts of the urban area, urban agglomeration, which is subdived in numerous Areas of Kuwait, areas. In a more narrow sense, ''Kuwait City'' can also refer only to the town's historic core, which nowadays is part of the Capital Governorate (Kuwait), Capit ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Kuwait
Kuwait (; ar, الكويت ', or ), officially the State of Kuwait ( ar, دولة الكويت '), is a country in Western Asia. It is situated in the northern edge of Eastern Arabia at the tip of the Persian Gulf, bordering Iraq to the north and Saudi Arabia to the south. Kuwait also shares maritime borders with Iran. Kuwait has a coastal length of approximately . Most of the country's population reside in the urban agglomeration of the capital city Kuwait City. , Kuwait has a population of 4.45 million people of which 1.45 million are Kuwaiti citizens while the remaining 3.00 million are foreign nationals from over 100 countries. Historically, most of present-day Kuwait was part of ancient Mesopotamia. Pre-oil Kuwait was a strategic trade port between Mesopotamia, Persia and India. Oil reserves were discovered in commercial quantities in 1938. In 1946, crude oil was exported for the first time. From 1946 to 1982, the country underwent large-scale modernization, large ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Middle East
The Middle East ( ar, الشرق الأوسط, ISO 233: ) is a geopolitical region commonly encompassing Arabia (including the Arabian Peninsula and Bahrain), Asia Minor (Asian part of Turkey except Hatay Province), East Thrace (European part of Turkey), Egypt, Iran, the Levant (including Ash-Shām and Cyprus), Mesopotamia (modern-day Iraq), and the Socotra Archipelago (a part of Yemen). The term came into widespread usage as a replacement of the term Near East (as opposed to the Far East) beginning in the early 20th century. The term "Middle East" has led to some confusion over its changing definitions, and has been viewed by some to be discriminatory or too Eurocentric. The region includes the vast majority of the territories included in the closely associated definition of Western Asia (including Iran), but without the South Caucasus, and additionally includes all of Egypt (not just the Sinai Region) and all of Turkey (not just the part barring East Thrace). ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
North Africa
North Africa, or Northern Africa is a region encompassing the northern portion of the African continent. There is no singularly accepted scope for the region, and it is sometimes defined as stretching from the Atlantic shores of Mauritania in the west, to Egypt's Suez Canal. Varying sources limit it to the countries of Algeria, Libya, Morocco, and Tunisia, a region that was known by the French during colonial times as "''Afrique du Nord''" and is known by Arabs as the Maghreb ("West", ''The western part of Arab World''). The United Nations definition includes Morocco, Algeria, Tunisia, Libya, Egypt, Sudan, and the Western Sahara, the territory disputed between Morocco and the Sahrawi Republic. The African Union definition includes the Western Sahara and Mauritania but not Sudan. When used in the term Middle East and North Africa ( MENA), it often refers only to the countries of the Maghreb. North Africa includes the Spanish cities of Ceuta and Melilla, and plazas de so ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Wataniya Telecom
Ooredoo Kuwait, formerly known as Wataniya Telecom, is a telecommunications company in Kuwait owned by the Ooredoo group. Its operations began in December 1999 when it launched wireless services as the second operator. It provides mobile, broadband internet and corporate managed services. References {{Ooredoo Kuwait Kuwait (; ar, الكويت ', or ), officially the State of Kuwait ( ar, دولة الكويت '), is a country in Western Asia. It is situated in the northern edge of Eastern Arabia at the tip of the Persian Gulf, bordering Iraq to the no ... Telecommunications companies of Kuwait Telecommunications companies established in 1999 Mobile phone companies of Kuwait Companies based in Kuwait City Kuwaiti companies established in 1999 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Persian Gulf
The Persian Gulf ( fa, خلیج فارس, translit=xalij-e fârs, lit=Gulf of Fars, ), sometimes called the ( ar, اَلْخَلِيْجُ ٱلْعَرَبِيُّ, Al-Khalīj al-ˁArabī), is a mediterranean sea in Western Asia. The body of water is an extension of the Indian Ocean located between Iran and the Arabian Peninsula.United Nations Group of Experts on Geographical NameWorking Paper No. 61, 23rd Session, Vienna, 28 March – 4 April 2006. accessed October 9, 2010 It is connected to the Gulf of Oman in the east by the Strait of Hormuz. The Shatt al-Arab river delta forms the northwest shoreline. The Persian Gulf has many fishing grounds, extensive reefs (mostly rocky, but also coral), and abundant pearl oysters, however its ecology has been damaged by industrialization and oil spills. The Persian Gulf is in the Persian Gulf Basin, which is of Cenozoic origin and related to the subduction of the Arabian Plate under the Zagros Mountains. The current floo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Financial Services Companies Of Kuwait
Finance is the study and discipline of money, currency and capital assets. It is related to, but not synonymous with economics, the study of production, distribution, and consumption of money, assets, goods and services (the discipline of financial economics bridges the two). Finance activities take place in financial systems at various scopes, thus the field can be roughly divided into personal, corporate, and public finance. In a financial system, assets are bought, sold, or traded as financial instruments, such as currencies, loans, bonds, shares, stocks, options, futures, etc. Assets can also be banked, invested, and insured to maximize value and minimize loss. In practice, risks are always present in any financial action and entities. A broad range of subfields within finance exist due to its wide scope. Asset, money, risk and investment management aim to maximize value and minimize volatility. Financial analysis is viability, stability, and profitability assessment o ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Financial Services Companies Established In 1975
Finance is the study and discipline of money, currency and capital assets. It is related to, but not synonymous with economics, the study of production, distribution, and consumption of money, assets, goods and services (the discipline of financial economics bridges the two). Finance activities take place in financial systems at various scopes, thus the field can be roughly divided into personal, corporate, and public finance. In a financial system, assets are bought, sold, or traded as financial instruments, such as currencies, loans, bonds, shares, stocks, options, futures, etc. Assets can also be banked, invested, and insured to maximize value and minimize loss. In practice, risks are always present in any financial action and entities. A broad range of subfields within finance exist due to its wide scope. Asset, money, risk and investment management aim to maximize value and minimize volatility. Financial analysis is viability, stability, and profitability asse ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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