by gicadmin | Dec 12, 2014 | 2014
Kuwait City, December 2014: Ibrahim AlQadhi: the transaction comes as a result of a successful partnership that lasted more than two decades. Gulf Investment Corporation (GIC) today announced the signing of an agreement to sell part of its 33% shareholding in Cristal...
by gicadmin | Jun 29, 2014 | 2014
Ibrahim Al Qadhi: “GIC is now firmly in the ‘A’ category with regards to ratings” June 29th 2014: The Gulf Investment Corporation (GIC) announced today that Fitch Credit Rating Agency upgraded its Long Term IDR ratings by 2 notches to A-, from the previous BBB rating....
by gicadmin | May 11, 2014 | 2014
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...
by gicadmin | Apr 13, 2014 | 2014
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...