Saturday 22 November 2014
 
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GFH

GFH completes capital reduction plan, cuts losses

Bahrain-based Gulf Finance House (GFH) has completed a capital reduction plan, a move that helps the Islamic investment firm to cut accumulated losses, it said in a statement on Wednesday. It had received approval from the Bahrain

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GFH unveils new identity in major push for growth

Gulf Finance House (GFH) is implementing major changes to its business strategy as it turns from being an investment bank to a financial group. "To reflect this strategy, we changed the brand, the logo and the colours to be i

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Gulf Finance House net profit surges to $15.6m

Bahrain-based Islamic investment bank Gulf Finance House (GFH) has reported a net profit of $15.6 million for the first nine months of this year, compared with $1 million in the corresponding period last year. Total income was $12

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GFH to sell London property

Bahrain-based Gulf Finance House (GFH) has announced that its fully owned subsidiary GFH-Capital has signed an agreement to sell the Queen’s Gate Gardens property in London, UK, that it had acquired last year. The property i

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GFH to sell London property

Bahrain-based Gulf Finance House (GFH) has announced that its fully owned subsidiary GFH-Capital has signed an agreement to sell the Queen’s Gate Gardens property in London, UK, that it had acquired last year. The property i

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Former GFH executive in new claim against accusers

A Briton being held in Dubai, UAE, on suspicion of fraud, embezzlement and money laundering has lodged another counterclaim against his Bahrain-based accusers. Last week, the Gulf Daily News (GDN), our sister publication,

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GFH to appeal against Kuwait bourse order

Gulf Finance House (GFH), a Bahrain-based Islamic investment bank, said it will file an appeal against the suspension of trading in its shares at the Kuwait Stock Exchange. Kuwait's Capital Market Authority (CMA) ordered the t

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Briton jailed in Dubai denies GFH's fraud allegations

A British citizen being sued by a subsidiary of the Bahrain-based Gulf Finance House (GFH) claims he was tricked into visiting Dubai, where he was subsequently arrested. Former GFH Capital deputy chief executive David Haigh has be

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GFH to acquire US residential assets

Bahrain-based Islamic investment bank Gulf Finance House (GFH) is acquiring two multi-family residential properties in Houston, as part of a “diversified US residential portfolio.” The portfolio will consist of two mul

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GFH rating raised by Capital Intelligence

Capital Intelligence (CI), the international credit rating agency, has raised the Long-Term Rating of Gulf Finance House (GFH) to ’BB’ from ‘BB-‘ and confirmed GFH’s Short-Term Rating at ‘B’. &nbs

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