Address :
P. O. Box : 3402 Safat 13035 Kuwait
Tel. : (00965) 222-5000
Fax : (00965) 222-5010
Email : gic@gic.com.kw
Website: www.gic.com.kw

Working Hours :
7:30am - 3:30pm (Sunday - Wednesday)
7:30am - 2:00pm (Thursday)

Management :
Hisham Abdulrazzaq Al-Razzuqi - Chief Executive Officer & General Manager

Employees : 188

Activities :
Gulf Investment Corporation (GIC) is a leading financial institution focused on developing private enterprise and fostering economic growth in the Gulf Cooperation Council (GCC) region.

Established in 1983 and owned equally by the six GCC governments, Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and the United Arab Emirates, GIC successfully invests in strategic projects across a range of industry sectors including financial services, telecommunications, petrochemicals, metal and electricity. Exposure to direct investments throughout the GCC region is balanced with investments in local and global capital markets in different asset classes and investment themes.

GIC's clients include governments, quasi-government institutions, the corporate sector and other major investors who are active in the GCC region.

Our Investment approach:
GIC's financial goal is to maximize shareholder value through earning competitive rates of return while managing investment risk within an acceptable risk-return framework, by applying qualitative and quantitative investment analysis techniques. A professional approach to investment includes detailed fundamental analysis, financial discipline and post investment monitoring.

The organization's two main business segments in the region are principal investing which focuses on direct investment in private companies and Global Markets which focuses on investing in both international and regional capital markets.

GIC lately has emphasized its role in advisory services through two distinct departments, one of which is responsible for mergers and acquisition, underwriting and a restructuring advisory role. The second department specializes in financial advisory for mega projects, financial arrangement and privatization.

The principal investing team plays an important role at GIC by actively investing in viable new and existing business ventures that take advantage of local resources. The team's business objective is to identify and invest in enterprises with the potential to generate adequate return and add value to the local economies. GIC's historical commitment to the GCC region has proved rewarding given the strong growth in regional economies in recent years.

GIC Global Markets team focuses on investments in both regional and international capital markets with an emphasis on GCC equities and fixed income investments. GIC offers a comprehensive range of financial services and a diversified portfolio that includes debt securities, equities, hedge funds, and Sharia-compliant products and services for a growing number of clients.

GIC has successfully reinforced its position as a leading regional financial institution with strong financial performance and profitability achieved via a diversified range of business activities. A solid capital base is enhanced by healthy capital adequacy ratios while operational costs have been kept to a minimum. Investment in staff, knowledge systems and IT remains a priority and this development of expertise and systems give the organization a competitive edge in the market.

Our Outlook:
GIC will continue to play an integral role in the growth and development of the GCC at a time when the region represents one of the world's most attractive developing markets.

GIC has adopted a new expansion strategy which has been approved by the Board of Directors to establish local branches in all major regional markets such as Saudi Arabia, UAE and Qatar. This will increase the efficiency of GIC ability in serving its clients in different markets. It will also open more doors and create new opportunities for GIC in the growing regional markets.