Thursday 30 June 2016
 
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GFH

GFH plans to list Khaleeji Commercial in Dubai

GFH Financial Group (GFH) has announced plans to list its Khaleeji Commercial Bank (KHCB) at the Dubai Financial Market (DFM) to unlock its market potential. The listing is subject to obtaining regulatory approvals in Bahrain, sai

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GFH wins top award at Banker Middle East

GFH Financial Group (GFH), a leading regional financial services group, has been recognised as the ‘Best Investment Bank – Bahrain’ at the 2016 Banker Middle East Industry Awards. The results were determined by a

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GFH posts $6.1m net profit in Q1

Bahrain-based GFH Financial Group (GFH) has registered a net profit of $6.1 million for the first quarter, up 176 per cent over $2.2 million for the same period last year. Announcing the Q1 results, GFH said it had netted a consol

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GFH recovers $4m in bonus case

Bahrain-based GFH Financial Group (GFH) has announced that it has concluded a final settlement with one of its ex-chairmen in a legal case and has recovered approximately $4 million in cash, shares and real estate from him. GFH wa

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IIRA reaffirms positive outlook for GFH

Islamic International Rating Agency (IIRA) has reaffirmed GFH Financial Group’s (GFH) international rating as  ‘BB/B’ and its national scale rating as ‘BB+(bh)/B(bh)’ along with a ‘positive’ outlo

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GFH joins major London project in $142m deal

GFH Financial Group (GFH), a prominent GCC-based financial group, has signed an agreement with Palace Revive Developments Limited worth £100 million ($142.7 million) to be a key partner in the prestigious No 1 Palace Street development in

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ADFG buys 10pc stake in GFH cement unit

GFH Financial Group has signed a sale agreement with Integrated Capital (IC), the capital markets arm of Abu Dhabi Financial Group (ADFG), under which IC will acquire a 10 per cent stake in Bahrain's Falcon Cement Company (FCC) from GFH.

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ADFG buys 10pc stake in GFH cement unit

GFH Financial Group has signed a sale agreement with Integrated Capital (IC), the capital markets arm of Abu Dhabi Financial Group (ADFG), under which IC will acquire a 10 per cent stake in Bahrain's Falcon Cement Company (FCC) from GFH.

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GFH posts consolidated profit of $29m

GFH Financial Group has reported $29 million in consolidated profit last year, before provisions of $17 million and a net profit of $12 million.   The total consolidated income for 2015 was $85 million, as compar

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GFH distributes semi annual dividends to investors

GFH Capital has distributed semi-annual dividends for a number of its investments and funds in line with its progressive dividend distribution policy.    The dividends were paid to investors of GFH funds wit

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