At the upcoming general meeting of the shareholders of "Gulf Investment" on March 24, the issue of obtaining a loan worth 3 million Kuwaiti dinars will be discussed. The main purpose of the loan is to finance the current operations of the company. The company plans to repay the loan over five years at an interest rate of 3.5% per annum.
It is expected that the net profit from the loan will bring about 600 thousand Kuwaiti dinars annually, which will significantly increase the company's income. Currently, "Gulf Investment" maintains a stable financial base and is confident that the loan will be invested, truly benefiting itself in the future. In the case of approval, the loan operation will be carried out in accordance with the conditions agreed upon by the parties.
The general director of the company emphasized that obtaining the loan will not negatively impact the financial position of "Gulf Investment", but rather contribute to its development and increase its revenues.
"We are confident that this operation will yield its results and help us reach new heights in our activities," he noted.
