KIPCO continues collaboration with Tmkeen to support entrepreneurs

Baim.com wins the award worth $100,000 this year

KUWAIT: KIPCO’s Vice Chairman (Executive) Faisal Al-Ayyar (second from right) receives the recognition plaque from Tmkeen CEO, Ali Al-Ibrahim

KUWAIT: KIPCO – the Kuwait Projects Company (Holding) – continues to support young Kuwaiti entrepreneurs through its collaboration with the Youth Empowerment Symposium (Tmkeen) on the KIPCO Tmkeen Award for Young Entrepreneurs. Running its third year, this year’s winner of the award – worth $100,000 in services from the KIPCO Group – was Baim.com, an educational online platform.

KIPCO Vice Chairman (Executive), Faisal Al-Ayyar, received the Tmkeen representatives to discuss ways in which more mentorship and guidance can be provided by KIPCO and its Group companies to Kuwait’s young entrepreneurial community. Commenting on this occasion, KIPCO Group Communications Director, Eman Al-Awadhi, said: “The creativity and innovativeness of the young people of Kuwait is what makes their business ideas strong. At KIPCO, we constantly seek ways to support them and make their businesses more sustainable so that they can contribute to the local economy. It is the duty of the private sector to educate young business owners, and we are delighted to have set up a platform together with Tmkeen, that allows our professionals to share their accumulated business experience.”

KIPCO Group companies – including Burgan Bank, OSN, Gulf Insurance Group, KAMCO Investment Company, United Real Estate, Qurain Petrochemical Industries, AUK, AUS, United Networks and Marina FM – are supporters of the KIPCO Tmkeen Award for Young Entrepreneurs.

The KIPCO Group is one of the biggest holding companies in the Middle East and North Africa, with consolidated assets of $32 billion as at 30 September 2017. The Group has significant ownership interests in 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.


This article was published on 20/02/2018