Friday 19 April 2024
 
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Gulf General Investment Company

GGICO posts $5.7m Q1 net profit

Gulf General Investment Company (GGICO), leading investment company listed in Dubai Financial Market (DFM), has registered a net profit of Dh21 million ($5.7 million) for the first quarter compared to Dh22 million last year.  

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Moody's downgrades GGICO ratings

Moody's has downgraded the ratings of Dubai-based Gulf General Investment Company (GGICO) to B2 from B1. The ratings were placed on review for possible downgrade. Moody's said the dowgrade of corporate family rating

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Moody's downgrades GGICO rating

Moody's Investors Service has downgraded the corporate family rating (CFR) and probability of default rating (PDR) of Dubai-based Gulf General Investment Company (GGICO) by one notch to B1 from Ba3. The outlook remains negative. Moddy&

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GGICO posts $12m Q1 profit

Gulf General Investment Company (GGICO), a Dubai-based conglomerate, said it has registered a Dh44 million ($12 million) profit  for the first three months of 2009 and added that its first quarter revenue hit Dh1.4 billion ($381.3 millio

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GGICO net soars to $161m

Gulf General Investment Company (GGICO), said the company's consolidated net profit has risen to Dh590 million ($161 million) from Dh555 million ($151 million). Announcing the company's unaudited preliminary financial report for the 2008,

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