Sunday 29 March 2015
 
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Gulf Finance House

Gulf Finance House swings to 2014 profit

Bahrain-based Gulf Finance House (GFH) has registered a consolidated net profit of $17 million for the fiscal year ended December 31, 2014 when compared to a net loss of $18 million the year before. Announcing the results, GFH sai

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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 US university to be built at GFH development

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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GFH plans asset manager purchases with new debt

Bahrain's Gulf Finance House (GFH) is in talks on buying two asset management firms for a total of up to $500 million and is planning to increase debt to finance the deals as it builds a diversified financial group, its chief executive said.

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GFH backs global Islamic summit

Gulf Finance House (GFH) has announced its platinum sponsorship of the 21st Annual World Islamic Banking Conference (WIBC 2014) to be held in Bahrain next month. For the second year running, GFH will lend its support to the Islami

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GFH gets key ratings boost

Islamic International Rating Agency (IIRA) has assigned international scale credit ratings to Bahrain-based Gulf Finance House (GFH) at 'BB' in the medium to long-term and at 'B' in the short-term. On the national

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GFH obtain $105 m facility from KFH

Bahrain's Gulf Finance House (GFH) said on Wednesday that it had signed to obtain a $105 million, five-year Islamic credit facility from Kuwait Finance House (KFH), which would help GFH redeem two syndicated debt facilities and allow the rel

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GFH Q2 net profit jumps 252pc

Bahrain's Gulf Finance House reported a 252 per cent increase in second-quarter net profit on Wednesday. The firm, which suffered heavily in the wake of the global financial crisis and required multiple debt restructurings, ma

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GFH to develop mixed-use project in Dubai

Gulf Finance House (GFH), the Bahrain based Islamic investment bank, has signed a land sale agreement with Dubai Properties Group (DPG) to establish a new mixed-use residential development in its Dubailand district. The agreement,

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