Gulf Investment Corporation Surpasses 2025 Profit Target with $230M
Kuwait: Gulf Investment Corporation (GIC) reported a net profit of US$230 million for 2025, exceeding its targeted profit by US$20 million. The Corporation also approved the distribution of US$192 million in dividends to shareholders.
Turki bin Ibrahim Al-Malik, Chairman of the Board of Directors, said that the Corporation continues to focus on direct investments, contributing to infrastructure projects across GCC countries, establishing new ventures, and partnering with regional and international investors.
He noted that GIC secured the bid for phases 2 and 3 of the Al-Zour water and power project in Kuwait, in partnership with ACWA Power, and participated in increasing the capital of Rawabi Emirates.
Al-Malik added that projects under التنفيذ have recorded progress in completion rates, including the strategic water reservoirs project in Saudi Arabia and the Al Wakra and Al Wukair wastewater treatment project in Qatar. He also pointed to the extension of the electricity supply contract of the Insulation Energy Company in Bahrain for an additional ten and a half years.
He affirmed that the Corporation continues to diversify its investment portfolio and allocate assets to achieve competitive returns while managing risk levels.
He also highlighted the strength of GIC’s financial position, noting that Moody’s assigned the Corporation an A2 long-term rating and a P1 short-term rating, both with a stable outlook.
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