GGICO profits hit $151m

United Arab Emirates: Tuesday, April 01 - 2008 at 10:23

Gulf General Investment Company announced a net profit of Dhs555m ($151m) for its 2007 end of year results at its extraordinary annual general meeting on Monday. The Dubai-based investment company also announced a 100% bonus share issue that has increased the company's capital to Dhs1.08bn.

Jeff  Florian Jeff Florian, Senior Reporter
Tuesday, April 01 - 2008 at 10:23 UAE local time (GMT+4)

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