United Gulf Investment Corporation B.S.C (UGIC)

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News

8 November 2017 05:47 PM UAE’s Tristar Group sells $100m stake to Kuwait's GIC

Dubai – Mubasher: Tristar Group on Wednesday announced selling $100 million worth of shares to Kuwait’s Gulf Investment Corporation (GIC). The deal aims to promote Tristar’s expansion and growth in the future, according to a company statement. …

Mergers and Acquisitions

26 February 2017 03:08 PM Gulf Investment Q4 financials turn profitable

Mubasher: United Gulf Investment Corporation achieved profits worth BHD 1.08 million ($2.76 million) during the fourth quarter of 2016 against losses of BHD 2.95 million ($7.54 million) in the same quarter of 2015. During fiscal year 2016, the …

Board of Directors

9 November 2016 05:19 PM Gulf Investment losses down 46% in Q3

Mubasher: The financial results of United Gulf Investment Corporation showed a decline in losses by 45.6% in the third quarter of 2016, according to a bourse filing. Losses reached BHD 1.033 million ($2.72 million) in Q3-16 compared to losses of …

Financial Results

28 February 2016 05:45 PM United Gulf Investment Q4 losses rise to BHD 3m

Mubasher: United Gulf Investment Corp (UGIC) losses surged by 1965.7% in the fourth quarter of last year to BHD2.95 million ($7.9 million), compared with BHD1,500 ($4,000) during the same period  of 2014, according to a bourse filing. The board of …

Financial Results

24 December 2015 11:30 AM Three Bahraini firms to review FY15 financials in February

Mubasher: Arab Banking Corporation will review its financials for the period ending 31 December in its board meeting scheduled for 14 February. Bahrain Ship Repairing and Engineering will hold a board meeting on 28 February to approve its FY15 …

Financial Results

24 December 2015 10:23 AM AUB, BisB, UGIC to review FY15 financials in February

Mubasher: Three Bahraini corporations will hold their board meeting in February to discuss the financial statements for FY 2015, according to bourse statements. Bahrain Islamic Bank (BisB) will hold a board meeting on 10 February to consider the …

Event

4 August 2015 03:50 PM Gulf Investment swings to losses in H1

Mubasher: United Gulf Investment Corp. (UGIC) incurred net losses of BHD 965,300 ($2.56 million) in H1-15, against net earnings of BHD 927,500 ($2.46 million) in H1-14. The corporation earlier posted net losses of BHD 643,150 for Q1-15, versus net …

Company News

4 March 2015 03:20 PM UGIC shareholders OK carrying over earnings

Bahrain-Mubasher: United Gulf Investment Corp (UGIC) said its general meeting approved the board's recommendation on transferring BHD 67,694 to the legal reserve and the remaining BHD 609,247 to the retained earnings account.FY14 net earnings …

Corporate Actions