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Kuwait's Kamco Investment Co. net profit increases to $33m in 2021

RIYADH: Kamco Investment Co. has seen its profit increase to $33 million in 2021, compared to $8.3 million the previous year. The increase in profits was attributed to an increase in fees from asset listings and earnings from associated companies, according to a report by the Kuwait Stock Exchange. Kamco’s board of directors recommended a cash dividend of 10 fils per share, ....

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Saudi IPO market leads the GCC in 2021: Kamco Invest report

RIYADH: Saudi Arabia topped the region in terms of intial public offering issuances in 2021, with 15 out of 20 GCC IPOs debuting on Tadawul’s main and parallel markets, according to Kamco Invest report. The report also highlights the Kingdom’s dominance in terms of IPO proceeds, ranking in almost 62 percent of the offerings at around $4.65 billion in 2021. Saudi utility ....

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