Bahrain's Gulf Finance House (GFH) is in talks on buying two asset management firms for a total of up to $500 million and is planning to increase debt to finance the deals as it builds a diversified financial group, its chief executive said.
Gulf Finance House (GFH) has announced its platinum sponsorship of the 21st Annual World Islamic Banking Conference (WIBC 2014) to be held in Bahrain next month.
For the second year running, GFH will lend its support to the Islami
Islamic International Rating Agency (IIRA) has assigned international scale credit ratings to Bahrain-based Gulf Finance House (GFH) at 'BB' in the medium to long-term and at 'B' in the short-term.
On the national
Bahrain's Gulf Finance House (GFH) said on Wednesday that it had signed to obtain a $105 million, five-year Islamic credit facility from Kuwait Finance House (KFH), which would help GFH redeem two syndicated debt facilities and allow the rel
Bahrain's Gulf Finance House reported a 252 per cent increase in second-quarter net profit on Wednesday.
The firm, which suffered heavily in the wake of the global financial crisis and required multiple debt restructurings, ma
Gulf Finance House (GFH), the Bahrain based Islamic investment bank, has signed a land sale agreement with Dubai Properties Group (DPG) to establish a new mixed-use residential development in its Dubailand district.
Kuwait's Capital Markets Authority (CMA) has rejected an appeal by Bahrain-based Gulf Finance House (GFH) against the regulator's decision to monitor its Kuwait-listed shares, the investment firm said on Monday.
The CMA de
Bahrain-based Gulf Finance House expects to complete a proposed capital reduction by the end of the second quarter, the Islamic investment firm said in a bourse statement on Monday.
Under the proposal, which still requires regulat
Bahrain-based Gulf Finance House (GFH), a leading Islamic investment bank, has reported a net profit of $1.1 million for the first quarter (Q1) of the year compared to $1.5 million for Q1 of 2013, marking a drop of 26.6 per cent.
Bahrain-based Gulf Finance House (GFH) has said its financial position is in good shape, with no significant risk to operations and that its projects are progressing well.
In a statement yesterday, the Islamic investment bank blam