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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 |
|---|---|---|
| KINGDOM | 7.97 | 0.21 (2.70 |
| TADAWULGROUP | 191.80 | -0.60 (-0.32 |
| BOURSA | 4,025.00 | -75.00 (-1.83 |
| NIND | 281.00 | 1.00 (0.35 |
| DERAYAH | 28.52 | 1.36 (5.00 |
13/11/2025
Saudi Aramco announced the signing of 28 memorandums of understanding (MoUs) worth more than $1 billion during the 19th Middle East Corrosion Conference and Exhibition, held in Dhahran, eastern Saudi
Asharq Al Awsat
13/11/2025
In a new achievement that confirms the excellence of its human capital strategy, National Bank of Kuwait received two prestigious awards as part of the GCC Government Human Resources and Youth Awards
Kuwait Times
13/11/2025
Abu Dhabi-based NMDC Energy has signed a memorandum of understanding with US energy technology firm Baker Hughes to localize offshore solutions in Saudi Arabia.
The collaboration aims to en
Arab News
13/11/2025
Cementing their commitment and efforts toward enabling and empowering Qatar's SME ecosystem, Commercial Bank and Seib Insurance held a joint online webinar titled: The Safety Net: Identify, Combat &
The Peninsula
13/11/2025
The Qatar Stock Exchange (QSE) index closed lower on Wednesday, declining by 58.37 points, or 0.52 percent, to reach 11,082.40 points.
During the session, a total of 104,275,078 shares were
The Peninsula
Financial Information Co.
Saudi Arabia