GIC Raises USD 500 mn Five-Year Bond

GIC Raises USD 500 mn Five-Year Bond

Kuwait, 25-11-2012: Following on from previous successful issues this year in the Malaysian Ringgit and Swiss Franc markets, Gulf Investment Corporation G.S.C. (“GIC”) successfully returned to the public US Dollar bond market on Wednesday 21st November...
GIC Raises USD 500 mn Five-Year Bond

Moody’s Reaffirms GIC’s Baa2/Prime-2 LT rating

Kuwait 4-11-2012: The Gulf Investment Corporation (GIC) announced today that Moody’s Credit Rating Agency reaffirmed its long term and short term ratings at Baa2/P2 and its stand alone BFSR at D, all ratings carried a Stable outlook. The action by Moody’s is a...
GIC Raises USD 500 mn Five-Year Bond

King of Bahrain Inaugurates US$ 2.1 Billion Al Dur Project

Kuwait, 1-5-2012: His Majesty King Hamad Bin Isa Al-Khalifa, King of Bahrain, today inaugurated Bahrain’s largest independent power generation and water desalination plant owned by Al-Dur Power & Water Company (“Al Dur”). The ceremony, which was attended by His...