by gicadmin | Nov 4, 2011 | 2011
On the occasion of the 8th Kuala Lumpur Islamic Finance Forum, Islamic Finance Awards Ceremony 2011, which took place in Kuala Lumpur on 4th October 2011, Gulf Investment Corporation, (GIC) was the recipient of the Panel of Judges award for: The Most Outstanding Sukuk...
by gicadmin | Nov 1, 2011 | 2011
The Gulf Investment Corporation (GIC) announced today that Moody’s Credit Rating Agency upgraded its stand-alone (BFSR) rating from ‘D-‘ to ‘D’ and reaffirmed the long term and short term ratings at Baa2/Prime-2, all ratings carried a stable outlook. The positive...
by gicadmin | Sep 26, 2011 | 2011
Gulf United Steel Holding Company (“Foulath”), a leading global steel investment vehicle and the world’s first fully integrated steel producer, today announced the acquisition of United Gulf Steel Mill Company Limited (UGS) based in the Kingdom of Saudi Arabia by its...
by gicadmin | Aug 24, 2011 | 2011
GIC announces the appointment of Dr. Russell Read as Deputy CEO and Chief Investment Officer 24th Aug 2011: The Gulf Investment Corporation is pleased to announce the appointment of Dr. Russell Read as Deputy Chief Executive Officer and Chief Investment Officer (DCEO...
by gicadmin | Mar 27, 2011 | 2011
The Gulf Investment Corporation (GIC) announced a 66% percent increase in profit for the year 2010. Net income grew to USD 151 million in comparison to USD 91 million in 2009. The General Assembly meeting reviewed and approved the audited financial statement in the...