Thursday 30 July 2015
 
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GFH to buy 80pc stake in top Dubai school

Dubai-based investment bank GFH Capital, a subsidiary of GFH Financial Group, has agreed to acquire a majority stake (80 per cent) in a leading private school valued at Dh200 million ($54.4 million) in the Emirate. The school (the

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GFH to buy 80pc stake in top Dubai school

Dubai-based investment bank GFH Capital, a subsidiary of GFH Financial Group, has agreed to acquire a majority stake (80 per cent) in a leading private school valued at Dh200 million ($54.4 million) in the Emirate. The school (the

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GFH wins award for key Unisono project

Bahrain-based financial group GFH has announced it has been recognised in the 2015 Transform Awards Mena for its rebranding work undertaken with Bahrain-based strategic branding and communications consultancy Unisono. GFH's re

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GFH named fastest growing bank in Bahrain

GFH, the Bahrain-based financial group, said it has been declared as the fastest growing bank in Bahrain and the best wealth management firm at a key industry event in Dubai. The awards were announced by CPI Financial Banker Middl

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GFH net profit soars 140pc to $6m

GFH Financial Group said its financial results for the first quarter of this year showed another period of strong profitability and continued progress in the strengthening of its operating platform and financial position. GFH repo

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GFH awarded $90m in case against ex-chairmen

Gulf Finance House (GFH) has issued a statement claiming that it has won a legal case against two of its former chairmen and has been awarded $90.64 million as settlement. GFH said the verdict was issued by the Bahrain Chamber for

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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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