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
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