Gulf International Services Q.P.S.C. Recommends Cash Dividend Distribution for the Year 2023
February 14, 2024 at 02:38 pm EST
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The Board of Directors of Gulf International Services Q.P.S.C. recommended a cash dividend distribution for the year 2023 amounting to QAR 0.15 per share, which is 15% of the nominal value of share, subject to the approval of the General Assembly.
Gulf International Services QPSC is a Qatar-based company, which operates as a holding company. It operates in four business segments: Drilling segment, which operates through Gulf Drilling International Insurance Co, that has direct ownership of approximately 15 drilling rigs, which are used to drill wells suitable for oil and natural gas extraction, 1 jack-up accommodation barge and 2 lift boats. Aviation segment , which operates through Gulf Helicopters Company that offers helicopter transportation services, including offshore / onshore transporting, long and short-line load lifting, and seismic support, among others. and Catering segment, which operates through AMWAJ Catering Services Company Limited that offers catering services, cleaning, pest control, manpower supply, and facilities management, among others. Insurance segment, which operates through Al Koot Insurance and Reinsurance Co that offers construction, operations, marine, and medical insurance and reinsurance services.
GULF INTERNATIONAL SERVICES Q.P.S.C. 
