PRESS RELEASE
FEATURED NEWS
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 Sunday, April 21st, 2024, at the GIC’s headquarter in the State of Kuwait […]
OTHER NEWS
Gulf Investment Corporation enters into a contract for the sale of 13% stake in Cristal for a total value of 482 million USD
Kuwait City, December 2014: Ibrahim AlQadhi: the transaction comes as a result of a successful partnership that lasted...
Fitch Upgrades GIC’s ratings by 2 notches to A-
Ibrahim Al Qadhi: “GIC is now firmly in the ‘A’ category with regards to ratings” June 29th 2014: The Gulf Investment...
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...
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 $163...
GIC and The Conference Board Hold a Joint Seminar on Anticipating the Business Cycle in the GCC Economies
Kuwait City, April 29, 2013: GIC, in collaboration with the internationally-renowned Conference Board held a joint...
Gulf Investment Corporation Net Profit of US$ 131 million
April 1st 2013: The Gulf Investment Corporation (GIC) announced today that during the year ending 31st December 2012,...