Gulf General Investments Co. P.S.C Reports Earnings Results for the First Quarter Ended March 31, 2021

Gulf General Investments Co PSC is a United Arab Emirates-based company engaged in diversified business activities. It is engaged in investment activities in the manufacturing, industrial, financial and brokerage, real estate, insurance, retail, service, trading, transport and hospitality sectors. Its principal activities include establishment of industrial and manufacturing projects, engagement in joint venture projects with other companies, real estate development, and investment in shares and securities. Its wholly owned subsidiaries include Emirates Lube Oil Co Ltd, Gulf Prefab Houses Factory LLC, Gulf Dura Industries Co LLC and Gulf General Steel Co LLC. In November, 2013, it sold 50% shares of Gulf Engineering Company to Sigma Engineering. In February, 2014, The Company sold its 50% shares in Retail Arabia Internation, and 50% in Retail Arabia Limited.