GIS general assembly recommends QR0.10 cash dividend for 2025

DOHA: Gulf International Services (GIS) convened its Annual General Assembly Meeting for the fiscal year 2025, yesterday. Delivering the opening sp...

DOHA: Gulf International Services (GIS) convened its Annual General Assembly Meeting for the fiscal year 2025, yesterday.

Delivering the opening speech, Sheikh Khalid bin Khalifa Al-Thani Chairman of the Board of Directors Gulf International Services said, “The Board of Directors is pleased to recommend the distribution of cash dividends amounting to QR186m for the financial year ended 31 December 2025, equivalent to QR0.10 per share, taking into consideration the Group’s operational, investment, and financing requirements.”

“The year 2025 marked a pivotal milestone in the Company’s journey, during which we successfully expanded the scope of the Group’s operations and strengthened overall operational performance.

This progress was reflected in revenue growth and improved earnings quality, achieved through the disciplined execution of our strategy, the effective capture of opportunities across our various business segments, and a continued focus on operational efficiency and financial discipline,” he added.

Throughout 2025, the Drilling segment continued to serve as a key driver of the Group’s operations and a cornerstone of its growth. Gulf Drilling International completed a full year of operational performance following the acquisition of three offshore jack‑up drilling rigs in 2024 and their successful integration into the fleet.