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Issam Al-Saqr: KIPIC and KNPC merger sets stage for oil sector integration

Issam Al-Saqr: KIPIC and KNPC merger  
sets stage for oil sector integration

National Bank of Kuwait participated in the celebration of the merger between KIPIC and KNPC. This step is a strategic move reflecting the directives of Kuwait Petroleum Corporation to enhance operational integration among companies in the oil sector to increase efficiency and flexibility. The Vice Chairman and Group CEO confirmed that this merger marks an important milestone in the development of Kuwait's oil sector, strengthening Kuwait's ability to face global changes and consolidating its position as a leading regional hub in the oil and gas industry. He also pointed out that since its establishment, KIPIC has been a key partner supporting its projects to achieve sustainable economic development.

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