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07/09/2015 06:05 AST
Gulf Finance House, the Bahrain-based investment firm, said on Sunday its board of directors had approved the voluntary delisting of its shares from the Kuwait Stock Exchange.
It would begin the application process for delisting with Kuwait's Capital Market Authority, although the bourse filing announcing the move did not disclose a date for when shares would cease trading.
The decision meant GFH could focus trading on its home and the main secondary market for its shares, Dubai.
The move would also save on the costs of the listing and eliminate any possible arbitrage opportunities and incidences of violating rules in Kuwait which contradict regulations in its home market, the statement added.
GFH said in July it was once again studying the possibility of delisting in Kuwait, after announcing in April a review of its listings that ultimately kept Kuwait but decided to delist its global depositary receipts in London.
Gulfnews
| Ticker | Price | Volume |
|---|
| Ticker | Price | Change |
|---|---|---|
| OSOUL | 217.00 | -9.00 (-3.99 |
| BAYANINV | 63.40 | -0.40 (-0.63 |
| GFC | 247.00 | 3.00 (1.22 |
| KINGDOM | 7.96 | 0.06 (0.75 |
| TADAWULGROUP | 170.00 | 1.90 (1.13 |
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
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