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- ADX names Mena start-up Thndr as remote retail trading member
- Mered expands UAE operations with new Abu Dhabi office
- Bahrain All Share Index closes lower, Islamic Index closes higher
- Burjeel reports 129% increase in Q2 net profit, revenue grows 18.7%
- Saudi Maaden H1 profit up 73% on higher sales; revenue hits $4.8bn
- IQ reports QR2bn net profit in H1, approves 26% interim dividend
- 65% Omanis in private sector earn less than RO600
- Local banks record higher credit issuance in June; reflects positive outlook on Qatar economy
- S&P Affirms China's Sovereign Credit Rating at A+ with Stable Outlook
- Saudi stock market may open to global investors, regulator says
26/02/2018 05:44 AST
Gulf Finance House said on Sunday it has appointed Jasim Al Seddiqi as its chairman even as the stock jumped more than 5 per cent before the announcement on the Dubai Financial Market.
Al Seddiqi is currently the managing director and chief executive officer of Abu Dhabi Financial Group (ADFG), which holds 13 per cent stake in GFH through Integrated Capital.
Commenting on his appointment, Al Seddiqi said: "2018 is expected to be another strong year for GFH in which we seek to unlock even greater value from its portfolio of financial and infrastructure assets. We also look forward to strengthening the Group's relationship with its key stakeholders."
The group announced the appointment of Shaikh Ahmad Bin Khalifa Al Khalifa as the Chairman of GFH Capital.
Shaikh Ahmad, said: "GFH Capital is a well-established platform with a strong track record, and building on the momentum of 2017, we are well poised to enter a new era of expansion. This includes plans to effectively increase our transaction capacity both in terms of deal numbers and value as well as to significantly grow our assets under management by further building our base of HNW clients across the GCC. These activities are central to taking GFH to the next level and I look forward to guiding these efforts in the months ahead."
Gulf News
28/03/2018
GFH Financial Group (GFH) today announced that its shareholders have approved the distribution of 8.72 per cent cash dividends totalling $85 million.
The approval came at the conclusion
Trade Arabia
26/03/2018
GFH Financial Group has announced that its 100 per cent owned subsidiary GFH Capital Limited has agreed to sell its 70 per cent stake in the Dubai-based Philadelphia Private School (PPS), which it ac
Trade Arabia
05/03/2018
GFH Financial Group said on Sunday its recent partnership with Bahrain Fintech Bay (BFB) as a founding partner of a fintech hub in the Middle East and Africa (Mena) region will drive innovation and c
Gulf News
| Ticker | Price | Volume |
|---|
| Ticker | Price | Change |
|---|---|---|
| IHC | 400.20 | 0.10 (0.02 |
| FAB | 17.94 | -0.02 (-0.12 |
| EMIRATESNBD | 26.70 | -0.20 (-0.75 |
| ADCB | 15.80 | 0.24 (1.54 |
| ADIB | 23.34 | -0.10 (-0.43 |
08/08/2025
Burjeel Holdings, a leading super-specialty healthcare services provider in MENA, has delivered a strong top-line growth of 18.7% to AED1,403 million ($381.98 million) in Q2 2025, driven by a 12.1% i
Trade Arabia
08/08/2025
Saudi Arabian Mining Company (Maaden) has reported a 73% jump in its net profit for the first half, which soared to SAR3.47billion ($924 million) from SAR2.01 billion ($535 million) last year, mainly
Trade Arabia
08/08/2025
Market heavyweight Industries Qatar (IQ) - the holding entity of Qatar Petrochemicals, Qatar Fertiliser and Qatar Steel - has reported net profit of QR2bn in the first half (H1) of 2025.
The
Gulf Times
08/08/2025
Aramex reported group revenues of Dh3.06 billion for the first half of 2025, marking a 1% year-on-year increase, as growth in domestic and regional logistics offset weakness in international express
Gulfnews
08/08/2025
Parkin Company PJSC, the city's largest paid public parking provider, reported a record 56% year-on-year rise in Q2 2025 revenue to Dh320 million, driven by higher public parking tariffs, strong enfo
Gulfnews
Financial Information Co.
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