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Kuwait's KIPCO posts 19% rise in Q4 profit

Kuwait Projects Company (KIPCO), the country's largest investment company by assets, reported a 19 percent rise in fourth-quarter net profit and said its media sector in particular had boosted earnings in 2012. KIPCO made KD7.6m ($26.9m) in the three months to the end of December compared to KD6.4m in the…

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