Tuesday 19 March 2024
 
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GFH wins ‘Best Islamic Bank’ award

Bahrain-based GFH Financial Group (GFH) said it was named ‘Best Investment Bank- Middle East’ and ‘Best Islamic Bank – Bahrain’ at the Islamic Business & Finance Awards - EMEA 2018, held recently in Dubai, UAE.

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GFH 9-month profits jump 18.6pc to $102.4m

GFH Financial Group (GFH) has announced a net profit attributable to shareholders of $103.44 million for the first nine months of the year ended September 30, 2018, an 18.6% increase from $87.23 million in the first nine months of 2017. 

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GFH to acquire $200m Villamar sukuk from Al Rajhi Bank

GFH Financial Group (GFH) has announced that it has agreed to acquire $200 million of Villamar Sukuk Company Limited sharia-compliant sukuk certificates from Al Rajhi Bank.    It is to be noted that the suku

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GFH to acquire $200m Villamar sukuk from Al Rajhi Bank

GFH Financial Group (GFH) has announced that it has agreed to acquire $200 million of Villamar Sukuk Company Limited sharia-compliant sukuk certificates from Al Rajhi Bank.    It is to be noted that the suku

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GFH gets stable outlook rating from CI Ratings

Bahrain’s GFH Financial Group announced today (September 27) that Capital Intelligence Ratings (CI Ratings), the international credit rating agency, has affirmed its long term rating to ‘BB’, while maintaining the short-term ra

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GFH posts 16.7pc surge in H1 net profit to $72.5m

Bahrain-based GFH Financial Group (GFH) has reported a net profit attributable to shareholders of $72.5 million for the first half of the year representing a 16.7 per cent increase from $62.1 million in the first half of 2017. The

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GFH to buy UAE lifestyle tech platform Entertainer

Bahrain-based GFH Capital, a leading financial group in the region, has reached an agreement with leading UAE conglomerate Al Futtaim to complete the landmark acquisition of the Entertainer, one of the leading incentive providers and lifestyle t

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GFH to buy UAE lifestyle tech platform Entertainer

Bahrain-based GFH Capital, a leading financial group in the region, has reached an agreement with leading UAE conglomerate Al Futtaim to complete the landmark acquisition of the Entertainer, one of the leading incentive providers and lifestyle t

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GFH fully settles $200 million sukuk

GFH Financial Group (GFH) today announced that it has paid the entire amount of its $200 million sukuk, which was originally drawn in 2007.    The facility, which was payable over several tranches with final

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GFH awards $150m Dubailand project contract

Bahrain-based GFH Financial Group (GFH) said it has awarded a turnkey engineering, procurement and contracting (EPC) deal to China Machinery and Engineering Corporation (CMEC) for the construction and financing of up to 85 per cent of its Dubail

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