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FINANCIAL NEWS
Dubai’s GGICO reports 141% jump in Q3 earnings
21 Nov 2010
(MENAFN) Gulf General Investment Company (GGICO), the Dubai-based conglomerate, has recovered from a stormy start to the year and more than doubled its profits during the last three months, The National reported.
The group, which operates in the real estate, manufacturing and financial services sectors, recorded an increase in net profits of 140.46 percent to $14.4 million, which the company’s management said was driven by growth in its manufacturing and services operating companies.
Moddy’s credit ratings agency has given a B1 rating with a negative outlook to GGICO
More News
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BBK awards over BD 1 Million to 273 winners in the February Al Hayrat Grand Prizes draw
01 Mar 2026
BBK activates partial remote working system for its workforce to ensure employee and customer safety and service continuity
24 Feb 2026
BBK discloses its financial results for the year ended 31st December 2025
05 Feb 2026
BBK announces December Al Hayrat Grand Prize winners and another wave of Grand prizes for February
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