Gulf Investment Corporation (GIC) announced its financial results for the fiscal year ending December 31, 2025, which showed the achievement of a net profit amounting to $230 million, representing an increase of $20 million over the target profitability for the year. The Corporation also approved a dividend distribution of $192 million to the shareholders. This announcement follows the Ordinary General Assembly’s endorsement of the Corporation’s financial statements during its meeting held on Sunday, April 5, 2026, at the corporation’s headquarters in the State of Kuwait.
Commenting on the 2025 financial results, Mr. Turki bin Ibrahim Al-Malik, Chairman of the Board, stated “that it is a pleasure for the corporation to achieve these strong results despite the economic challenges faced by financial markets and the tense geopolitical conditions during the year”.
Mr. Al-Malik noted that “By focusing on direct investments, the corporation has contributed to numerous infrastructure projects in the GCC countries, establishing new ventures, and participating in existing companies in collaboration with regional and international investors.
Mr. Al-Malik further detailed “That the corporation, in alliance with Saudi Arabia’s Acwa Power, won the tender for the Al-Zour North Phases 2 and 3 water and power project in Kuwait. GIC also participated in the capital increase of Emirates Rawabi, while projects currently under construction witnessed significant progress, such as Juranah Water Reservoir Company in the Kingdom of Saudi Arabia and the Al-Wakra and Al-Wukair sewage treatment project in the State of Qatar. Additionally, Al-Ezzel Power Company in the Kingdom of Bahrain signed an extension for its power supply agreement with the Electricity and Water Authority for an additional ten and a half years beyond the original contract.
Mr. Al-Malik stated that “The corporation continuously seeks to invest in diverse portfolios and investment funds and allocates its assets to increase returns while considering defined risk levels and achieving performance benchmarks that compete with standard indices”.
Furthermore, Mr. Al-Malik emphasized on the efficiency of the corporation’s performance and the strength of its financial position, noting that “The credit rating agency Moody’s affirmed its long-term ratings for Gulf Investment Corporation at A2 and its short-term rating at P1, with a stable outlook”.
End……..
For more information, please contact Mr. Khaled Al-Suraye, Head of Public Relations at GIC at: +965-22225426
