Diversified Financial Services
Company Overview of Gulf Investment Corporation
Gulf Investment Corporation is a venture capital arm of The Cooperation Council for the Arab States of the Gulf specializing in direct investments in private companies and new business ventures. The firm prefers to invest in the utilities sector with a focus on power, water, telecommunications, and other infrastructure; chemicals and metals; diversified industrials; materials; healthcare; agriculture, consumer staples; Industrial Development; consumer discretionary; financials; financial services, petrochemicals, steel, and electricity. It seeks to invest in GCC countries. It also invests in corporate finance projects. Gulf Investment Corporation was founded in 1983 and is based in Kuwait Ci...
Jaber Al-Mubarak Street
Founded in 1983
965 2222 5000
965 2222 5010
Key Executives for Gulf Investment Corporation
Chief Executive Officer and Director
Head of Business Development and Advisor to Chief Executive Officer
Head of GCC Diversified Projects
Group Head of Principal Investment
Compensation as of Fiscal Year 2015.
Gulf Investment Corporation Key Developments
Bahrain Awards Contract to Build $400 Million Floating LNG Terminal
Dec 3 15
A consortium composed of Teekay LNG Partners, Samsung C&T and Gulf Investment Corporation (GIC) has signed agreements with the Government of Bahrain for the development of a $400 million LNG terminal in the Gulf kingdom. The project will be located in Hidd Industrial area of Bahrain and will help the kingdom meet the increasing demand for gas supplies to satisfy its industrial and urban development. The Oil and Gas Holding Company (Nogaholding) awarded the contract and the project will be owned and operated through a new joint venture, Bahrain LNG, owned by Nogaholding (30%), Teekay LNG (30%), Samsung (20%) and GIC (20%). The project will comprise a floating storage unit, an offshore LNG receiving jetty and breakwater, a regasification platform, subsea gas pipelines from the platform to shore, an onshore gas receiving facility, and an onshore nitrogen production facility.
Gulf Investment Corporation Announces Financial Results for the Year Ended December 31, 2014
Apr 6 15
Gulf Investment Corporation announced financial results for the year ended December 31, 2014. For the year, the company posted net profits of $201 million. GIC's net income is 23% higher than the prior comparative year. The improved profitability levels driven by the good performance of GIC's key business lines: capital markets and direct investments represent a return on equity of 7.6% compared to 6.7% for the previous year.
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