Sunday 19 February 2017
 
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GFH

GFH net profit soars to $217m; new strategy planned

GFH Financial Group (GFH) has announced a net profit attributable to shareholders of $217.12 million for the year ended December 31, 2016, a significant increase from losses of $5.52 million reported in 2015 due to provisions. The

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GFH sees $3bn Tunisia mixed-use project on track

Bahrain-based GFH Financial Group said the work on its $3-billion financial district development coming up in Tunisia was progressing as per schedule with the infrastructure works on its first two phases nearing completion. The Tunis Ba

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Bahrain developer relaunches Villamar project

Bahrain-based Gulf Holding Company (GHC) has signed a final sukuk restructuring agreement with Rajhi Bank and GFH Financial Group to officially mark the re-launch of the Villamar project at the Bahrain Financial Harbour. The agree

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GFH Capital appoints new senior executive officer

GFH Capital, a fully owned subsidiary of Bahrain based GFH Financial Group, has appointed  Luay Ahmadi as its senior executive officer to lead the Dubai-based investment bank. In his new role, Ahmadi will take charge of the b

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GFH names investment management head

Bahrain-based financial group GFH has appointed Hammad Younas, an industry veteran, as its new head of investment management. In his new role, Younas will manage the overall investment business of the bank including asset manageme

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GFH to invest in top Asian education group

GFH Capital, a subsidiary of Bahrain-based GFH Financial Group, has announced a key investment in AMA Group, one of the largest educational institutions in Asia, for its growing operations in the kingdom and beyond. It will be mad

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GFH to invest in top Asian education group

GFH Capital, a subsidiary of Bahrain-based GFH Financial Group, has announced a key investment in AMA Group, one of the largest educational institutions in Asia, for its growing operations in the kingdom and beyond. It will be mad

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GFH Real Estate names KHCB as escrow agent

GFH Real Estate (GFHRE), the real estate arm of the GFH Financial Group, said it has signed an Escrow agreement with Khaleeji Commercial Bank (KHCB), a Bahrain-based Islamic retail bank, for its upcoming prime waterfront project Harbour Row.

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GFH awards Bahrain Harbour Row contract

GFH Real Estate (GFHRE), the real estate arm of the GFH Financial Group, said it has appointed Almoayyed Contracting as the main contractor of its Harbour Row project in Bahrain Financial Harbour. As per the deal, all contracting

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GFH approves settlement of lawsuits

GFH Financial Group (GFH) said it has got approval from its board for settlement arrangements with a series of counterparties related to an undisclosed number of lawsuits, reported the Gulf Daily News, our sister publication.

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