GFH

GFH acquires two trophy Chicago properties for US $150 million

Manama - Muslimchronicle

GFH Financial Group (“GFH”) today announced the successful acquisition of a new investment in the US comprising of two trophy Chicago suburban office properties in a deal valued at approximately US$150 million. The investment has been undertaken in partnership with Crestlight Capital and Lincoln Property Company. Lincoln Property Company is one of the largest property managers in the US havingRead more

GFH distributes quarterly dividends to investors

Dubai - BNA

GFH Capital "GFH" today announced the recent distribution of quarterly dividends for a number of its investments and funds in line with its continued progressive dividend policy. These include distributions to investors of GFH funds with underlying investments in a number of regional education assets as well as those in regional and global real estate with average blended cash onRead more

GFH appoints Ahmad Al Khalifa as chairman

DUBAI - Arab Today

GFH Financial Group, the Manama-based investment group, approved on Thursday the appointment of Shaikh Ahmad Bin Khalifa Al Khalifa as its new chairman, and Ahmad Khalil Al Mutawa as vice-chairman, the company said in a statement issued Saturday. The approval came during the first meeting of the company’s board of directors, whose appointment was recently confirmed for 2017-2019. “Following theRead more

Dull Dubai Index, Oil No Impediment For Best Performing GFH Shares

Dubai - Arab Today

Even on the last trading day of 2016, best performing Gulf Finance House (GFH) shares continued to sparkle despite steady Dubai index and lower oil. GFH shares hit a fresh 52-week high of Dh2.04 on Thursday, the highest level struck since December last year, and contributed to more than a quarter of the total volumes. “GFH was the central themeRead more

GFH to invest AMA Group a subsidiary of Bahrain based GFH Financial Group

Dubai - BNA

GFH Capital, a subsidiary of Bahrain based GFH Financial Group, today announced an investment in AMA Group for its growing operations in the Kingdom of Bahrain and beyond. The investment will be in the form of a Shari’a compliant convertible Murabaha facility. The AMA Group manages the largest network of educational institutions across Asia. The AMA Group also has variousRead more

GFH Financial Group records $11.5m net profit for H1

Jeddah - Arab Today

GFH Financial Group (GFH) announced a net profit attributable to shareholders of $11.5 million for the first half of the year ended June 30, 2016. This represents a 248 percent increase from the $3.3 million net profit reported in H1, 2015. The group reported a consolidated net profit of $17.9 million for H1, 2016, an increase of 31 percent fromRead more