Monday 20 October 2014
 
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GFH

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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UK court freezes assets of ex-GFH unit official

A British national being sued for $5 million by a subsidiary of Bahrain-based Gulf Finance House (GFH) has had his assets frozen by UK courts. Former GFH Capital deputy chief executive David Haigh is accused of a breach of contract and

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UK court freezes assets of ex-GFH unit official

A British national being sued for $5 million by a subsidiary of Bahrain-based Gulf Finance House (GFH) has had his assets frozen by UK courts. Former GFH Capital deputy chief executive David Haigh is accused of a breach of contract and

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GFH's net profit soars 152pc to $10.6m

Bahrain-based Gulf Finance House (GFH), an Islamic investment bank, has posted a 152 per cent rise in consolidated net profit to $10.6 million for the first half ended June 30, compared with $4.2 million for the prior year period. The b

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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 list $200m sukuk on Nasdaq Dubai

Bahrain-based Gulf Finance House (GFH) has signed a memorandum of understanding with Nasdaq Dubai to list a new sukuk of $200 million. In a filing to the Bahrain Bourse, GFH said it plans to use the proceeds from the sukuk to repay curr

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