Friday 11 July 2014
 
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GHC

GHC posts $408 million profit

Abu Dhabi-based General Holding Corporation (GHC) has reported a net profit of Dh1.5 billion ($408.6 million) for 2011, compared to Dh1.3 billion in 2010. Revenues rose to Dh11.5 billion in 2011 from Dh9.9 billion the year before.

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Gulf Holding appoints new GM

Bahrain-based Gulf Holding Company (GHC) has appointed Matthew Austin as the general manager of the company and its subsidiaries in a move aimed to push forward stalled projects. GHC is a Sharia-compliant development company that offers re

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Abu Dhabi firm eyes $4bn investments

Abu Dhabi government-owned General Holding Corporation (GHC) plans to invest up to 15 billion dirhams ($4 billion) in the metals and petrochemicals sector over five years as part of a diversification push, a top official said on Wednesday. &n

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Bahrain plans hotel at $450m location

Bahrain’s councillors have given a conditional go-ahead to build a four or five-star hotel at the BD170 million ($450 million) Villamar development in the Bahrain Financial Harbour. However, Kuwait-based real estate developers Gulf Holding

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GHC secures $2.2bn funding for Emirates Steel

Emirates Steel, the largest integrated steel producer in the UAE, and its ultimate parent company, General Holding Corporation (GHC), have secured a $2.2 billion financing to cover the expansion projects of Emirates Steel. GHC, an Abu Dhab

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Abu Dhabi revamps industrial investment unit

Abu Dhabi has reshuffled the board of its industrial investment arm General Holding Corporation (GHC), naming Hussain al-Nowais as chairman, the state news agency WAM said. Nowais, who was GHC's vice chairman earlier, told Reuters in M

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Abu Dhabi's GHC unveils $10bn expansion plans

Abu Dhabi conglomerate General Holding Corporation (GHC), the parent of Emirates Steel, will invest $10 billion over the next 'few years' to grow its business through acquisitions and internally, a top executive said. 'Our

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GHC names CapCorp shares listing consultant

Gulf Holding Company (GHC), a leading Shariah-compliant investment products and services provider, has appointed CapCorp Investment Company (CapCorp) as a consultant for listing its shares on the Kuwait Stock Exchange (KSE). “Listing GHC o

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GHC to sponsor Bipex 2009

Gulf Holding Company (GHC), a Kuwait-based diversified holding company, will participate as Diamond Sponsor in an upcoming international real estate show in Bahrain. The sixth edition of Bahrain International Property Exhibition will be he

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GHC opens new headquarters

Gulf Holding Company (GHC) has announced the opening of its new corporate headquarters in

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