Tuesday 5 November 2024
 
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Gulf Finance Corporation

Gulf Finance Corporation names new chairman

Saudi-based Gulf Finance Corporation (GFC) has appointed Thamer A. Jan as the new chairman of the board of directors.   Launched in 2012, GFC provides Shariah-compliant lease and instalment facilities to small bu

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Shuaa unit to raise $163m syndicated loan

Gulf Finance Corporation, a wholly owned unit of Dubai's Shuaa Capital, plans to raise up to Dh600 million ($163 million) in syndicated loans this year, its chief executive said on Tuesday. The company will tap the loan market

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Shuaa unit eyes Saudi leasing market

Gulf Finance Corp, a wholly owned subsidiary of Dubai's Shuaa Capital, has obtaining a new operating licence from Saudi Arabian Monetary Agency (Sama) and will offer sharia-compliant leasing products in the kingdom. The licenc

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Gulf Finance Corp raises $136m loan

Gulf Finance Corporation (GFC), a unit of Shuaa Capital, has raised a Dh500 million ($136.1 million) loan which will be used to fund its growth in the UAE and Saudi Arabia, it said in a statement on Tuesday. The new 42-month facil

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Gulf Finance Corp names key officials

Gulf Finance Corporation, a subsidiary of Shuaa Capital, has announced the appointment of two senior management executives to support its on-going growth and expansion in the region. Jonathan Swann has been appointed as chief fina

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Shuaa chief named to Gulf Finance board

Gulf Finance Corporation, a leading UAE-based finance company servicing the region’s small and medium-sized enterprises (SMEs) community, has named Shuaa Capital Group CEO Colin Macdonald to the company’s board of directors.

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Gulf Finance plans to triple SMEs lending

Gulf Finance Corporation, a subsidiary of Dubai-based Shuaa Capital, has lent more than a Dh1 billion ($272 million) to the small and medium sized enterprises (SMEs) in the UAE during the last three years and now aims to triple the amount over t

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CI affirms stable outlook for Gulf Finance

Gulf Finance Corporation, a wholly owned subsidiary of Shuaa Capital, announced that Capital Intelligence, the regional credit rating agency, has reaffirmed its long-term ‘BB’ rating with a stable outlook. In its rating report, Capital Int

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