THE MIDDLE EAST’S

84. Kuwait Projects Company (Holding) -KIPCO

Country: Kuwait
Sector: Investments
Group CEO: Dana Nasser Al Sabah
Market Value: $1.4 billion
Sales: $4.9 billion
Profits: $230 million
Assets: $42.3 billion

KIPCO is a holding company focused mainly on financial services, food, petrochemicals & oil services, media, real estate, and education. In April 2024, KIPCO’s OSN Group acquired a 55.45% stake in the Abu Dhabi-based music and entertainment streaming platform Anghami. In March 2025, Warner Bros. Discovery announced a strategic minority investment in OSN Streaming Ltd., a subsidiary of OSN Group. KIPCO’s revenue increased by 16.41% in 2024 to $4.9 billion.