Profile: IKARUS | Ikarus Petroleum Industries Co.

KUWAIT STOCK EXCHANGE (KSE)Trading Hours: Sun - Thu 9:00 am-12:30 pm

Ikarus Petroleum Industries Co. IKARUS
IKARUS 0.00%
Oil and Gas 0.00%
KSE 0.00%
Last Value
% Change
Price in KW Fils Last Update : 20 Sep 2017 9:15 am (local time)


Corporate Details
Exchange Kuwait
Sector Oil & Gas
Auditors Parker Randall
Grant Thornton
Company Description

Ikarus Petroleum Industries Co. (IKARUS) operates in the petrochemical industry and is an active investor in the Middle East energy industry . The company is a major shareholder in a growing portfolio of petrochemicals manufacturing operations.

Company Activities

The company primarily focuses on chemical and petrochemical related activities, in addition to that it utilizes its excess funds to invest in securities portfolios managed by other specialized companies.

Equity Profile
Date Established Jun 15, 1996
Listing Date Apr 14, 2008
Paid-up Capital (KW Fils) 75,000,000
Outstanding Shares 744,845,617
Shares Per Value .100
Contact Information

P.O Box 551, Yarmouk, Kuwait

+965 2496 5885

+965 2496 5886



Company History

Ikarus Petroleum Industries Co was established in 1997 by National Industries Group (NIG), one of the oldest and largest public sector industrial company in Kuwait. NIG retains a major shareholding in the company, giving Ikarus a solid financial backing.

Board Members & Senior Management
Mr. Nader Hamad Sultan Chairman
Dr. Adel Khaled Al-Sabeeh Deputy Chairman
Mr. Suhail Youssef Abo Grais CEO
Mr. Salah Abdul Wahab Al-Tarkait Board of Directors
Mr. Riyadh S. Ali Al-Edrissi Board of Directors
Dr. Saud Abdullah Ahmad Al-Farhan Board of Directors
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