Gulf International Services Company announced referred to the word “company” or “group”; Its symbol on the Qatar Stock Exchange: Giss, which is one of the leading companies in oil and gas services in the region, on the intention of the shareholders of Amwaj Supply Services Company, which the Gulf International Services Company owns a stake of 30%on the inclusion of Amwaj as a Qatari public joint stock company in the Qatar Stock Exchange after making the necessary reviews and taking relevant organizational approvals.
The owners’ decision is an important step in the company’s career and future plans. More details will be disclosed according to the applicable regulations and rules.
The International Gulf Services was established, and it is a general Qatari joint stock company listed on the Qatar Stock Exchange, on the 12th of February 2008 in accordance with the provisions of its basic system and the provisions of the Commercial Companies Law issued by Law No. 5 of 2002, especially Article (68) of it, then the company reconciled its conditions and the provisions of the statute of it in accordance with the provisions of the Commercial Companies Law issued by Law No. 11 of 2015 and in line with the privacy of its establishment.
Through the group’s companies, the Gulf International Services operate in four different sectors, namely insurance, reinsurance, digging, relevant services, helicopters and catering services. Qatar, formerly known as Qatar Petroleum, the largest shareholder, provides all the company’s main office functions through a comprehensive service agreement. The operations of the subsidiaries are managed independently by the boards of directors of the companies concerned and the higher management of each of them.
