GPIC KHALEEJIEH Issue 54

Page 1

Shaikh Khalifa Bin Salman Al Khalifa Award for Excellence in Industry

Issue (54) June 2004

REG.No. IGPI 021

GPIC WINS SHAIKH ABDULLA BIN HAMAD AL KHALIFA AWARD FOR BEST ENVIRONMENTAL GARDEN IN INDUSTRIES

H

aving won the HH Shaikh Abdulla bin Hamad Al Khalifa Award for the Best Environmental Garden in Companies and Industries, GPIC General Manager Dr. Mustafa Al Sayed said he was both honoured and pleased to receive the award from Her Highness Shaikha Sabika bint Ebrahim Al Khalifa, wife of His Majesty the King and President of the Supreme Council for Women. The award was presented during the opening of the Bahrain Garden Fair 2004 on 18 March held under the patronage of Her Highness Shaikha Sabika bint Ebrahim Al Khalifa. Cont. on page 13

GPIC Makes $66 Million in Net Profits General Assembly Decides to Pay US$60 Million in Dividends to the Shareholders

Shaikh Isa bin Ali Al Khalifa

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E Shaikh Isa bin Ali Al Khalifa, the Minister of Oil and Chairman of GPIC announced that the company made US$66 million net profit in 2003. At the company’s Ordinary General Meeting it was decided to pay US$60 million in dividends to the shareholders. The statement

was made on the occasion of the company’s 25th General Meeting of the Shareholders. GPIC’s chairman expressed his thanks and appreciation to the shareholders, board members and Cont. on page 12

Newsletter published by the Public Relations Dept. of Gulf Petrochemical Industries Co. P.O. Box 26730, Kingdom of Bahrain Website: www.gpic.com, e-mail: gpic@gpic.com


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