Integrated Capital, the capital markets arm of Abu Dhabi Financial Group (ADFG), has increased its stake in the Bahrain-headquartered GFH Financial Group (GFH) to 10 per cent on Dubai Financial Market (DFM).

Integrated Capital is now the largest shareholder in GFH, a well-recognized financial group in the GCC region. Integrated Capital will be available to GFH’s leadership team to engage in cooperation mechanisms to extract additional value for all public shareholders of the company, a statement said.

In recent months, Integrated Capital disclosed a stake in Gulf Navigation Holding PJSC and has since supported significant changes within the company. – TradeArabia News Service