Tuesday 23 December 2014
 
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GFH

GFH inks key Tunis Bay project deal

Gulf Finance House (GFH), a Bahrain-based Islamic investment bank, has signed up renowned French consortium led by Alliance International Holding for the development of the first phase of its Tunis Bay project. The $3-billion Tuni

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GFH plans asset manager purchases with new debt

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.

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GFH 'targets majority stake in Khaleeji Commercial'

Bahrain's Gulf Finance House (GFH) plans to up its stake in Khaleeji Commercial Bank (KCB) to gain majority ownership, its chairman was quoted as saying by a television channel on Thursday. Ahmed Al-Mutawa said in an interview

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GFH backs global Islamic summit

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

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GFH completes capital reduction plan, cuts losses

Bahrain-based Gulf Finance House (GFH) has completed a capital reduction plan, a move that helps the Islamic investment firm to cut accumulated losses, it said in a statement on Wednesday. It had received approval from the Bahrain

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GFH unveils new identity in major push for growth

Gulf Finance House (GFH) is implementing major changes to its business strategy as it turns from being an investment bank to a financial group. "To reflect this strategy, we changed the brand, the logo and the colours to be i

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Gulf Finance House net profit surges to $15.6m

Bahrain-based Islamic investment bank Gulf Finance House (GFH) has reported a net profit of $15.6 million for the first nine months of this year, compared with $1 million in the corresponding period last year. Total income was $12

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GFH to sell London property

Bahrain-based Gulf Finance House (GFH) has announced that its fully owned subsidiary GFH-Capital has signed an agreement to sell the Queen’s Gate Gardens property in London, UK, that it had acquired last year. The property i

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GFH to sell London property

Bahrain-based Gulf Finance House (GFH) has announced that its fully owned subsidiary GFH-Capital has signed an agreement to sell the Queen’s Gate Gardens property in London, UK, that it had acquired last year. The property i

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Former GFH executive in new claim against accusers

A Briton being held in Dubai, UAE, on suspicion of fraud, embezzlement and money laundering has lodged another counterclaim against his Bahrain-based accusers. Last week, the Gulf Daily News (GDN), our sister publication,

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