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Monday, November 9 - 2009

KIPCO makes Group Gala Dinner 2008 awards

KIPCO - the Kuwait Projects Company - has announced its Group Gala Dinner 2008 awards.

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As part of its annual Group Gala Dinner event which brings together senior managers from all of its operating and associate companies, KIPCO makes awards to the best company of the year and the best employee of the year from each company.

The awards were presented by KIPCO Board Director, Mr Abdullah Bishara. The event was held at the Sheikha Salwa Sabah Al-Ahmad Al Sabah Hall in Salmiya.

The 2008 KIPCO Group Company of the Year award was given to United Gulf Bank in recognition of the company's terrific performance during the last 12 months. The bank's Acting Chief Executive, Mr Mohammad Haroon, accepted the award on behalf of all the bank's employees.

The 2008 award for Best Employees of KIPCO Group was given to the employees of Jordan Kuwait Bank, who under the leadership of its chairman His Excellency Abdul Karim Al Kabariti, achieved outstanding results during the last year. The award was accepted on behalf of the bank's employees by United Gulf Bank Managing Director, Mr Masaud Hyatt.

KIPCO's Best Employees of the Year 2008 award was given to Group Chief Financial Officer Pinak Maitra and his team members, Bibhau Tamang and Anuj Rohtagi.
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Notes and media contacts

The KIPCO Group is one of the biggest diversified holding companies in the Middle East and North Africa, with assets worth more than US$ 20 billion under management or control. The Group has substantial ownership interests in a portfolio of 50 companies operating across 18 countries. The company's main business sectors are financial services and media. Through the subsidiaries and affiliates of its core companies, KIPCO also has interests in Real Estate, Industry, Healthcare and the Management & Advisory sector.

Photo captions:
Photo #1: Mohammad Haroon, Acting Chief Executive, United Gulf Bank accepts the KIPCO Group Company of the Year award 2008 from KIPCO Board Director, Mr Abdullah Bishara

Photo #2: Masaud Hyatt accepts the KIPCO Group Best Employees of the Year award 2008 on behalf of Jordan Kuwait Bank from KIPCO Board Director, Mr Abdullah Bishara

Photo #3: Pinak Maitra, Anuj Rohtagi and Bibhau Tamang accept the KIPCO best Employees of the Year Award 2008 from KIPCO Board Director, Mr Abdullah Bishara

Further information:
Ahmad Al Ajeel
Vice President
+965 244 0853
Marketing/ R&D/ PR

Robert Hipkins
Group Communications Director
Tel: +965 635 6969

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