Tuesday 3 May 2016
 
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GFH

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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Tunis Bay project in spotlight in Bahrain

GFH Financial Group and Tunis Bay Development Company (TBDC) boards met with Tunisian President Beji Caid Essebsi as part of his official visit to Bahrain recently.   During the meeting, Shaikh Mohamed Ben Duay A

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GFH starts site work at Bahrain project

GFH, a leading real estate developer and investor, has announced the commencement of site preparation works at its $150-million The Harbour Row development in Bahrain.   The Harbour Row development is a mixed-use landmark pro

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GFH starts site work at Bahrain project

GFH, a leading real estate developer and investor, has announced the commencement of site preparation works at its $150-million The Harbour Row development in Bahrain.   The Harbour Row development is a mixed-use landmark pro

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