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Gulf Insurance Group: dividend distribution

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Magazine Issue: 
Ping An, symbol of a changing world [3]
Magazine date: 
May 2023

GIGGulf 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).

Read also | Insurance companies in Kuwait [4]

Tue, 16/05/2023 - 15:05

Source URL: https://www.atlas-mag.net/en/category/pays/koweit/gulf-insurance-group-dividend-distribution

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[4] https://www.atlas-mag.net/en/article/top-5-insurance-companies-in-kuwait-ranking-per-gwp-2019