GulfBase Live Support
27/02/2018 06:14 AST
Bahrain-based investment firm GFH Financial hopes in future to develop business in Saudi Arabia, the company's new chairman told Al Arabiya television on Monday. Jasem Al Seddiqi, who is also chief executive of Abu Dhabi Financial Group, was speaking after he was elected chairman of GFH's board. ADFG owns nearly half of Shuaa Capital; GFH and Shuaa held merger discussions last year but talks were called off in June.
Al Seddiqi said on Monday: "GFH and Shuaa have M&A strategies which were announced more than a year ago and both companies are looking for M&A opportunities. But each stage has its data, its characteristics and its details.
"There was discussion last year but that discussion did not produce anything clear. Currently we at GFH are looking at other acquisitions."
Gulf News
17/11/2025
GFH Financial Group (GFH) has reported a net profit attributable to shareholders of $34.03 million for the third quarter of the year, compared to $27.2 million in the third quarter of 2024. The incre
Trade Arabia
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
| Ticker | Price | Volume |
|---|
| Ticker | Price | Change |
|---|---|---|
| IHC | 399.50 | -0.10 (-0.03 |
| FAB | 17.06 | 0.04 (0.23 |
| EMIRATESNBD | 24.50 | -1.20 (-4.67 |
| INVESTB | 0.45 | 0.00 (0.00 |
| ADCB | 13.70 | -0.10 (-0.73 |
21/11/2025
Zain Bahrain has unveiled 360kW ultra-fast EV chargers at the company's headquarters in Seef, the fastest of its kind in the kingdom, the company said.
The chargers feature advanced liquid-c
Trade Arabia
21/11/2025
Space42, the UAE's leading AI-powered SpaceTech company with global reach, and EDGE Group, one of the world's leading advanced technology and defence groups, today announced the formation of a strate
Trade Arabia
21/11/2025
Baker Hughes, an energy technology company, has announced that it has secured a multi-year contract with China Petroleum Engineering & Construction Corporation (CPECC) for a major project of Saudi oi
Trade Arabia
21/11/2025
Riyad Capital, one of the kingdom's largest asset managers and a leading company in real estate investment, has announced the launch of a new residential development fund valued at SAR1.7 billion ($4
Trade Arabia
21/11/2025
Saudi-based Alkhorayef Water and Power Technologies Company has announced that it has secured a contract worth SAR221 million ($59 million) from the National Water Company for sanitary sewer networks
Trade Arabia