GIC Posts Record Profit of US$ 212.9 Million for the 1st Half of 2007

GIC’s ASF Fund Outperforms Industry Benchmark

Gulf Investment Corporation (GIC) today announced the outstanding performance of its flagship hedge fund-of-funds, the Alternative Strategies Fund (ASF). The strong returns achieved in 2006 were in the region of 10.8%, outperforming many other such funds currently...
GIC Posts Record Profit of US$ 212.9 Million for the 1st Half of 2007

ACWA, GIC & Mitsubishi Signed the Shuqaiq Project

A consortium composed of ACWA Power Projects, Gulf Investment Corporation (GIC), and Mitsubishi Corporation entered today into a series of agreements with Water and Electricity Co. (WEC) for the development of the Shuqaiq Independent Water and Power Project (IWPP)....