Monday 27 April 2015
 
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GFH

GFH to terminate GDR

Bahrain-based Gulf Finance House has announced that it has decided to terminate its Global Depository Receipt (GDR) programme and has initiated procedures to delist the GDR from the London Stock Exchange (LSE). "After careful

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GFH proposes capital cut, no dividend

Bahrain's Gulf Finance House (GFH) said on Sunday that its shareholders would consider a capital reduction at an annual meeting this month which would allow the firm to pay dividends some time in the future, but it proposed no payout for 201

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GFH wins case against Prescott Energy

Gulf Finance House (GFH), a Bahrain-based Islamic investment bank, said it has won a legal case against Prescott Energy Limited (and affiliates).   In a press release, GFH said it would like to inform its shareholders and the

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GFH plans $230m sukuk issue for acquisitions

Bahraini Islamic investment firm GFH plans to make a $230 million sukuk issue this year to help it fund acquisitions of two to three regional companies, the bank's chairman said. The bank sold $170 million of convertible sukuk

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New GFH plan ‘much healthier and stronger’

GFH has restructured its balance sheet with both its cash and equity position much healthier and stronger now than it was before the financial crisis, according to the chairman of the Bahrain-based Islamic investment bank. "I

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GFH backs GCC Financial Forum

Bahrain-based Gulf Finance House (GFH) has announced its lead sponsorship as the Islamic banking partner of a major financial forum being organised by Euromoney in Bahrain. GFH will support the fourth GCC Financial Forum, which is

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New lifeline for stalled projects in Bahrain

Stalled residential projects that have blighted Bahrain's landscape for years will be given fresh impetus under new government plans. Leading the charge is the multimillion-dinar Villamar development, first announced by the Ku

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GFH completes capital increase programme

Gulf Finance House (GFH) said in a statement today that it has completed its capital increase programme aimed towards projects developments and acquisitions. The programme was approved by the extraordinary general assembly on Apri

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US universities seal GFH Tunis project deal

Three leading US universities have agreed to set up a new American University at the upcoming Tunis Financial Harbour, a $3-billion mixed use project being developed by Bahrain-based Gulf Finance House (GFH) in Tunisia. The $103-m

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GFH says nothing to disclose after shares leap

Bahrain's Gulf Finance House said on Monday that it had no information to disclose after its shares jumped in heavy trading on the Dubai and Kuwait exchanges. "We would like to advise our shareholders and the markets that

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