by gicadmin | Apr 21, 2024 | 2024
The Gulf Investment Corporation (GIC) announced its financial results for the fiscal year ended December 31, 2023, which showed net profits of $203 million. This announcement follows the approval of the corporation’s financial statements by the AGM, which was held on...
by gicadmin | Apr 16, 2023 | 2023
The Gulf Investment Corporation (GIC) announced today its financial results for the fiscal year ending on December 31, 2022, which showed net profits of $131 million. This announcement comes in the wake of the Ordinary General Assembly’s approval of the...
by gicadmin | Apr 17, 2022 | 2022
The Gulf Investment Corporation (GIC) announced today its financial results for the fiscal year ending on December 31, 2021, which revealed that it realized a net profit of $130 million. The Corporation’s General Assembly approved the financial statements at its...
by gicadmin | May 14, 2020 | 2020
Dubai Electricity and Water Authority (DEWA) and consortium led by the Saudi Arabian company ACWA Power and consisting of Gulf Investment Corporation sign Power Purchase Agreement for the fifth phase of the world’s largest single site solar park USD 570 million...
by gicadmin | May 5, 2020 | 2020
With a project investment value of USD $650 million, the Jubail 3A IWP will produce 600,000 m3 of potable water/day A consortium of ACWA Power, Gulf Investment Corporation (GIC) and AlBawani Water & Power Company (AlBawani) signed the water purchase agreement with...