Latest news with #GIG
Hype Malaysia
24-06-2025
- Entertainment
- Hype Malaysia
90s Girl Group Elite To Hold First Solo Concert This September; Ticketing & Seating Plan Announced
Before there was DOLLA, Malaysia had another girl group that dominated the charts in the 1990s – Elite. Comprised of members Azza, Abby, Sasha, Linda and Watie, the group made their debut in 1995 with the duet 'Diari Metropolitan' alongside KRU, which was later featured on the latter's album 'Ooh! La! La!', released the following year. It's been a while since they last performed for fans, but now Elite are making a comeback, bigger and better than ever. Earlier this week, the group announced that they will be holding their first-ever solo concert this September. 'WE ARE BACK!', the group said in the announcement post on Monday (23rd June). 3 decades after their debut, Elite are set to mark a major milestone in their career with their first-ever solo concert, held in celebration of their 30th anniversary. Named 'ELITE LIVE '25', fans will get to enjoy the band's most iconic hits in Kuala Lumpur. 'Actually, we were a bit nervous because, as you all know, it's been quite a while since we performed live together, especially on a large scale. When we received the offer from Icon Entertainment, we had mixed feelings at first, but eventually agreed to it. This was after taking into consideration that some of our songs are still favoured and relevant, and we want to party with all our fans, both old and new,' Linda said during the press conference. ELITE LIVE '25 In Kuala Lumpur Date: 20th September 2025 (Saturday) 20th September 2025 (Saturday) Time: 8:30pm 8:30pm Venue: Plenary Hall, KL Convention Centre Plenary Hall, KL Convention Centre Organiser: Icon Entertainment Icon Entertainment Ticketing: GIG (RM 1,088), SWEET IS YOUR SMILE (RM 588), CATWALK (RM 268), TAMPARAN WANITA (RM 268) Tickets can be purchased through starting this Thursday (26th June) at 2pm onwards. There will also be a dress code for the upcoming show, so be sure to plan your outfits and get ready for a night of nostalgia! Will you be attending to finally watch Elite live in concert? Source: Instagram What's your Reaction? +1 0 +1 0 +1 0 +1 0 +1 0 +1 0
The Sun
12-06-2025
- The Sun
KPWKM engages UPSI counselling students to aid crash-affected peers
KUALA LUMPUR: The Women, Family and Community Development Ministry (KPWKM) is providing an opportunity for counselling students from Universiti Pendidikan Sultan Idris (UPSI) to support their peers who were affected by the recent fatal bus crash in Gerik, Perak. Minister Datuk Seri Nancy Shukri said many of the injured victims currently receiving treatment in hospital appeared more comfortable speaking with counsellors their age, compared to those provided by the ministry. 'We have our counsellors on standby, but I was informed that some students are pursuing counselling studies. So, we are giving them the opportunity to apply their learning by supporting their peers. 'Sometimes, victims may not open up to others, but they talk when it is a friend. This is the feedback we received from our staff: that the victims are more open to fellow students. 'This is a new experience for us, seeing how those who are not yet full-fledged counsellors can still offer support and encouragement to their friends,' she told a press conference after launching the Women GIG and Business In Technology (GIG@BIT) programme here today. Nancy added that she and Deputy Minister Datuk Seri Dr Noraini Ahmad would visit the families of victims who perished in the tragedy to extend condolences and provide further assistance. 'We agreed yesterday that counselling should be made available to each family at any time, based on their readiness. We do not want to disrupt their emotions, but we want to provide support in a compassionate manner,' she said. In the incident early Monday morning, 15 UPSI students were killed when the bus they were travelling in overturned at KM53 of the East-West Highway, near Tasik Banding, Gerik. The crash also left 33 people injured. The chartered bus had departed from Jertih, Terengganu at 9 pm on Sunday and was heading to the university's campus in Tanjung Malim, Perak when the accident occurred.
Argaam
29-05-2025
- Business
- Argaam
S&P maintains 'A-' credit rating on GIG; outlook positive
Gulf Insurance Group (GIG) announced that the global rating agency Standard & Poor's (S&P) maintained its 'A-' credit rating on the company with a positive outlook. In a statement to Tadawul, the insurer said the rating reaffirms the company's strong capabilities in managing its operations and financial strategies. It also highlights GIG's ability to achieve growth and profitability while preserving long-term financial stability.
Zawya
18-05-2025
- Business
- Zawya
Gulf Insurance Group announces 39% increase in net insurance result
Kuwait City: Gulf Insurance Group (GIG) announced a 39% increase in its net insurance result to KD 8.7 million (US$ 28.2 million) in the first quarter of 2025, up from KD 6.2 million (US$ 20.1 million) in the same period last year, primarily driven by significant improvement in performance of the underlying insurance operations across a majority of its subsidiaries and lines of business. Net investment income reached KD 12.1 million (US$ 39.3 million) for the first quarter of 2025, compared to KD 19.6 million (US$ 63.5 million) recorded for the same period last year. Net profit stood at KD 6.6 million (US$ 21.3 million) for the period of 2025, equivalent to earnings per share of 20.42 fils (US$ 0.063) compared to a net profit of KD 10.9 million (US$ 35.5 million) or 35.84 fils per share (USD 0.110) for the same period last year. Insurance revenue reached KD 177.8 million (US$ 576.7 million) compared to KD 212.7 million (US$ 689.8 million) recorded for the same period last year. The book value per share reached 874 fils as of March 31, 2025, compared to 852 fils as of December 31, 2024, an increase of 2.6%. Equity attributable to the shareholders of the parent company amounted to KD 248.7 million (US$ 806.5 million) as of March 31, 2025, an increase of 2.5% compared to the equity attributable to the shareholders of the parent company as of December 31, 2024, which amounted to KWD 242.6 million (USD 786.5 million). Total assets reached KD 1.24 billion (US$ 4 billion) as of March 31, 2025. As it continues to strengthen its international footprint and capabilities, GIG remains one of the largest and most diversified insurance groups in the MENA region where it focuses on shaping a valuable insurance ecosystem. The Group extended its gratitude to its customers, shareholders, namely FAIRFAX, and board members for their continued trust in the Group's strategy, further thanking employees for their dedication and efforts and all the concerned authorities in the State of Kuwait for their continuous cooperation to develop the Kuwaiti insurance sector. Further information: Khalid Al Sanousi Group Executive Manager, Corporate Comms. & IR khalids@ Philemon Rajan Manager, Corp. Comms. & IR prajan@ About GIG: GIG is the largest insurance Group in Kuwait in terms of written and retained premiums, with operations in life and non-life as well as Takaful insurance. GIG has become one of the largest insurance networks in the Middle East and North Africa with companies in Kuwait, Bahrain, Jordan, Egypt, Turkey, Algeria, UAE, KSA, Oman, Qatar, Iraq, and Lebanon. Its reported consolidated assets stand at US$ 4 billion as at 31 March 2025. Gulf Insurance Group enjoys the privilege of being the first triple-rated insurance Group in Kuwait. The Group holds a Financial Strength Rating of 'A' (Excellent) and issuer credit rating of 'a+' (Excellent) with Stable outlook from A.M. Best Europe – Rating Services Limited, a Financial Strength Rating of 'A' with Positive outlook from Standard & Poor's and an Insurance Financial Strength Rating (IFSR) of 'A2' from Moody's Investors Service carrying a Stable outlook. GIG is a majority-owned subsidiary of Fairfax Financial Holdings Limited, a Canadian holding company listed on the Toronto Stock Exchange, which, through its subsidiaries, is primarily engaged in property and casualty insurance and reinsurance and the associated investment management. The conversion rate applied is KD 0.3084 per US$1
Al Bawaba
18-05-2025
- Business
- Al Bawaba
Gulf Insurance Group announces 39% increase in net insurance result
Gulf Insurance Group (GIG) announced a 39% increase in its net insurance result to KD 8.7 million (US$ 28.2 million) in the first quarter of 2025, up from KD 6.2 million (US$ 20.1 million) in the same period last year, primarily driven by significant improvement in performance of the underlying insurance operations across a majority of its subsidiaries and lines of investment income reached KD 12.1 million (US$ 39.3 million) for the first quarter of 2025, compared to KD 19.6 million (US$ 63.5 million) recorded for the same period last profit stood at KD 6.6 million (US$ 21.3 million) for the period of 2025, equivalent to earnings per share of 20.42 fils (US$ 0.063) compared to a net profit of KD 10.9 million (US$ 35.5 million) or 35.84 fils per share (USD 0.110) for the same period last year. Insurance revenue reached KD 177.8 million (US$ 576.7 million) compared to KD 212.7 million (US$ 689.8 million) recorded for the same period last book value per share reached 874 fils as of March 31, 2025, compared to 852 fils as of December 31, 2024, an increase of 2.6%.Equity attributable to the shareholders of the parent company amounted to KD 248.7 million (US$ 806.5 million) as of March 31, 2025, an increase of 2.5% compared to the equity attributable to the shareholders of the parent company as of December 31, 2024, which amounted to KWD 242.6 million (USD 786.5 million).Total assets reached KD 1.24 billion (US$ 4 billion) as of March 31, it continues to strengthen its international footprint and capabilities, GIG remains one of the largest and most diversified insurance groups in the MENA region where it focuses on shaping a valuable insurance Group extended its gratitude to its customers, shareholders, namely FAIRFAX, and board members for their continued trust in the Group's strategy, further thanking employees for their dedication and efforts and all the concerned authorities in the State of Kuwait for their continuous cooperation to develop the Kuwaiti insurance sector. © 2000 - 2025 Al Bawaba ( Signal PressWire is the world's largest independent Middle East PR distribution service.
