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Goods and Services

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Gulf Insurance Group announces a net profit of KD 13 million (US$ 42 million) for the first quarter of 2026
May 17th, 2026 - 08:11 GMT

Gulf Insurance Group announces a net profit of KD 13 million (US$ 42 million) for the first quarter of 2026

Gulf Insurance Group (GIG) today announced a net profit of KD 13 million (US$ 42 million), or 42.99 fils per share (US$ 0.139) for the first quarter of 2026, representing an increase of 97.6% or KD 6.4 million (USD 20.7 million) compared to a net profit of KD 6.6 million (US$ 21.3 million) or 20.42 fils per share (USD 0.066) for the same period last year. Insurance revenue reached KD 192.5 million (US$ 621.6 million) for the first quarter of 2026, representing an increase of 8.2 percent or KD 14.7 ...
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