KIPCO’s operations extend across the Middle East and North Africa region, with holdings in financial services, media, real estate, manufacturing, and education. KIPCO Group comprises over 60 companies and employs over 16,000 people in 24 countries. Founded in 1975, KIPCO has since become one of the MENA region’s largest holding companies. Its strategy is to acquire, build, scale and sell businesses. KIPCO's financial services sector include Burgan Bank with operations in Kuwait, Turkey, Algeria, Tunisia, as well as Jordan Kuwait Bank, and FIMBank in Malta. KIPCO also has a holding in Gulf Insurance Group – one of the region’s biggest insurance groups – with operations in Algeria, Egypt, Iraq, Jordan, Lebanon, Syria, KSA, Kuwait, Bahrain, and UAE. Furthermore, KIPCO has ownership in KAMCO, a regional Investment Bank / Asset Management firm. Additionally, KIPCO has ownership in URC, a real estate development and investment company, with projects in Kuwait, Egypt, Morocco, Oman, Jordan, and Lebanon, SADAFCO, a food and dairy company based in Saudi Arabia, with operations extending throughout the MENA region and EQUATE, a Kuwait-based petrochemical manufacturer and one of the largest producers of petrochemicals in the Middle East.