Sunday 13 July 2014
 
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GIH

GIH approves delisting from Kuwait bourse

Shareholders in Kuwait's Global Investment House have approved the delisting of the stock from the Kuwait bourse, nearly a year after firm's shares were suspended from trading. "(The general assembly) agreed to author

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Global cancels $410m loan

Kuwait's Global Investment House has cancelled a $410 million, three-year syndicated term loan after deciding not to proceed with its acquisition of a 20 percent stake in National Bank of Umm Al Quwain, which the debt was to be used to fund, a ban

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GIH sets up $500m realty fund

Global Investment House (GIH) has launched a $500 million Global GCC Real Estate Fund-II to take advantage of the booming GCC market. 'We are very excited about the launch of our second fund focusing on real estate opportunities in the GC

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GIH to manage Ithmaar's KSE listing

Global Investment House (GIH) will act as the listing advisor for Bahrain-based Ithmaar Bank, after receiving the initial approval to list a Bahraini company in the Kuwait Stock Exchange (KSE). GIH is a full-fledged Kuwait-based investmen

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Oman plans $1bn healthcare city

Oman's Majan Development Company (MDC) is planning to develop a healthcare city near Muscat with an estimated investment of RO300-400 million  ($774 million to $1.03 billion), a senior official of Kuwait-based Gulf Investment House (GIH) said

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GIH denies plan to raise Mayadeen stake

Kuwaiti investment bank Global Investment House (GIH) denied a newspaper report on Thursday that it plans to raise its stake in National Ranges & Real Estate Company (Mayadeen). Kuwait's Al-Watan daily said the country's largest invest

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