Moody’s Upgrades GIC’s ratings by multiple notches to A2

Moody’s Upgrades GIC’s ratings by multiple notches to A2

Ibrahim AlQadhi: “This achievement reflects sound strategy & strong financial condition.” May 11th, 2014: The Gulf Investment Corporation (GIC) announced today that Moody’s Credit Rating Agency upgraded its Long Term ratings by 3 notches to A2, from the previous...
Moody’s Upgrades GIC’s ratings by multiple notches to A2

GIC profit grew by 25% to $163 million in 2013

April 7, 2014: Gulf Investment Corporation (GIC) announced today that its net profit for the year 2013 grew to $163 million, representing a year-on-year increase of 25%. The General Assembly reviewed and approved the financial statements during their meeting which was...
Moody’s Upgrades GIC’s ratings by multiple notches to A2

Gulf Investment Corporation Net Profit of US$ 131 million

April 1st 2013: The Gulf Investment Corporation (GIC) announced today that during the year ending 31st December 2012, delivered a healthy net profit of US$ 131 million despite challenges that characterized the year including the continued sluggish global economy and...