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Dubai achieves world-record, lowest ever PV tariff for 900 MW solar project
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 project awarded at world-record tariff of 1.6953 dollar cent per kWh Dubai, United Arab […]
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Dubai achieves world-record, lowest ever PV tariff for 900 MW solar project
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...
ACWA Power, GIC and Al Bawani to enhance water security in Saudi Arabia with Jubail 3A IWP
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...
Gulf Investment Corporation generates $ 131 million in net profit for the year 2019
أعلنت مؤسسة الخليج للاستثمار نتائج أعمالها عن العام المالي المنتهي في 31 ديسمبر 2019والتي أظهرت تحقيقها أرباحاً صافية بلغت 131 مليون دولار مقابل 107 مليون دولار في العام السابق بارتفاع قدره 22%. ويأتي هذا الإعلان في أعقاب مصادقة الجمعية العامة العادية على البيانات...
Gulf Investment Corporation reports net profits of $107 million for 2018
Gulf Investment Corporation (GIC) announced the results of its operations for the fiscal year ending 31 December 2018. Operating profits, before provisions, reported USD125 million, while provisions of USD18 million for the Principle Investment portfolio and other...
ISMS POLICY STATEMENT
Gulf Investment Corporation (GIC) has agreed to adopt an Information Security Management system(ISMS) that complies with the ISO 27001:2013 Standard. It is the intention of the Gulf Investment Corporation (GIC)'s Top Management to maintain compliance/certification...
Gulf Investment Corporation (GIC) reports net profit of USD 121 million for 2017
Gulf Investment Corporation (GIC) announced its results for the financial year ending 31 December 2017. Operating profits, before provisions, reported USD 181 million, while the net provisions of USD 60 million were provided for the decline in the fair value of...