Gulf Insurance Group: dividend distribution

Gulf Insurance Group's (GIG) Ordinary General Meeting was held on 15 May 2023. The company's shareholders approved the Board of Directors' proposal for the distribution of a dividend amounting to 15.3 million KWD (49.9 million USD) for the year 2022.

As a reminder, GIG has ended the financial year 2022 with a net profit of 38.2 million KWD (124.7 million USD) and a turnover of 831.7 million KWD (2.72 billion USD).