GFH Financial Group B.S.C

Ticker/ISIN
GFH
BH000A0CAQK6
Market/Country
Abu Dhabi Stock Exchange
United Arab Emirates
Latest Stock Price
0.96 AED
2024-02-21

Year to date

0.06 %

3 months

0.00 %

6 months

0.00 %

1 year

0.00 %

3 years

0.00 %

5 years

0.00 %

GFH Financial Group B.S.C. (“GFH”) was established on 6 November 1999 as an exempt joint stock company (Bank Sector) under registration number 44136 in accordance with the Bahrain Commercial Companies Law No. 21/2001 as amended. GFH operates as an Islamic investment bank under wholesale Islamic banking licence (IBL/041) issued by the Central Bank of Bahrain (“CBB”). GFH’s shares are listed on the Bahrain Bourse, Boursa Kuwait and Dubai Financial Market Stock Exchanges. GFH’s activities are regulated by the CBB and supervised by an internal Shari’a Supervisory Board of GFH. The Group operates across four business lines: Investment banking, commercial banking, Infrastructure and Real Estate Assets Development, Treasury and Proprietary Investments

Latest Pressrelease Summaries

GFH Financial Group B.S.C
On July 11, 2024, GFH Financial Group B.S.C. (trading code: GFH) issued a clarification regarding statements made by the CEO of GFH Partners Limited, the global asset management arm of the group. The clarification specifies that the mentioned amount of one billion dollars represents the total expected value of assets owned by the funds launched and to be launched throughout the year. This includes both equity and debt portions of the funds. The financial impact of this cannot be assessed at the current stage. The announcement was signed by Mariam Jowhary, Head of Compliance & AML.
GFH Financial Group B.S.C
GFH Financial Group B.S.C. announced that its global asset management arm, GFH Partners Limited, based in the Dubai International Financial Centre, has successfully launched and closed its seventh investment fund focused on logistics and industrial assets in the United States. This investment is expected to positively impact the Group’s financial statements and increase returns. For more details, refer to the attached release. The announcement was made by Mariam Jowhary, Head of Compliance & AML.
GFH Financial Group B.S.C
GFH Financial Group B.S.C. announced on July 4, 2024, that it has sold 191,629,692 treasury shares, representing 5% of its total issued shares, to Mr. Ahmad Bin Mohammad Al Qassimi. Following this sale, the total number of treasury shares held by the group is 58,800,890, representing 1.53% of the total shares. The announcement was made by Mariam Jowhary, Head of Compliance & AML.
GFH Financial Group B.S.C
On 4th July 2024, GFH Financial Group B.S.C announced a substantial shareholder transaction involving its shares. The transaction details are as follows: Mr. Ahmad Bin Mohammad Al Qassimi conducted a transaction on the specified date, purchasing 191,629,692 shares, resulting in his ownership reaching 5%. This information was communicated to the Bahrain Bourse, Dubai Financial Market, Boursa Kuwait, and Abu Dhabi Securities Exchange. The announcement was signed by Mariam Jowhary, Head of Compliance & AML, and included the company seal.
GFH Financial Group B.S.C
On July 2, 2024, GFH Financial Group B.S.C. announced that following unusual trading activity of its shares in Boursa Kuwait, there is no additional material information that has not already been disclosed to the markets. This announcement is made in compliance with the directives of Boursa Kuwait and the provisions of Article 4-5 of Module 10 (Disclosures and Transparency) of the Capital Markets Authority (Kuwait) Executive Regulations of Law No. 7 of 2010. The announcement was signed by Mariam Jowhary, Head of Compliance and AML.
GFH Financial Group B.S.C
GFH Financial Group B.S.C. announced that its Board of Directors will hold a meeting on Monday, 12th August 2024, at 2 p.m. Bahrain time. The agenda includes reviewing the financial results for the second quarter of 2024 and other internal matters. The announcement was made by Mariam Jowhary, Head of Compliance & AML.
GFH Financial Group B.S.C
GFH Financial Group B.S.C. and Ithmaar Holding B.S.C. have announced ongoing discussions regarding GFH's potential acquisition of Ithmaar’s financing and investment portfolios. Ithmaar's shareholders approved the proposed transaction during an Extraordinary General Meeting on May 29, 2024, and authorized the Board of Directors to finalize the transaction's structure, terms, and documents. GFH is currently conducting due diligence and will provide periodic updates to shareholders.
GFH Financial Group B.S.C
On June 6, 2023, GFH Financial Group B.S.C. (trading code: GFH) announced that Arqaam Capital has issued an analyst coverage report on GFH shares. The report is attached to the announcement. Any recommendations, estimates, forecasts, or opinions provided by third-party analysts are for informational purposes only and represent the analysts' views. These recommendations do not constitute an endorsement, opinion, forecast, forward-looking statement, or financial advice by GFH Financial Group. The recommendations are subject to continuous review and may change. There is no expected financial impact from this announcement. The announcement was signed by Mariam Jowhary, Head of Compliance & AML.

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Abu Dhabi Stock Exchange News

Abu Dhabi Stock Exchange News

News Update From GFH Financial Group B.S.C

Disclosures: GFH Financial Group B.S.C - Clarification on News in Circulation

On July 11, 2024, GFH Financial Group B.S.C. (trading code: GFH) issued a clarification regarding statements made by the CEO of GFH Partners Limited, the global asset management arm of the group. The clarification specifies that the mentioned amount of one billion dollars represents the total expected value of assets owned by the funds launched and to be launched throughout the year. This includes both equity and debt portions of the funds. The financial impact of this cannot be assessed at the current stage. The announcement was signed by Mariam Jowhary, Head of Compliance & AML.

1. Attached Document

Abu Dhabi Stock Exchange News

Abu Dhabi Stock Exchange News

News Update From GFH Financial Group B.S.C

Disclosures: GFH Financial Group B.S.C - Press Release

GFH Financial Group B.S.C. announced that its global asset management arm, GFH Partners Limited, based in the Dubai International Financial Centre, has successfully launched and closed its seventh investment fund focused on logistics and industrial assets in the United States. This investment is expected to positively impact the Group’s financial statements and increase returns. For more details, refer to the attached release. The announcement was made by Mariam Jowhary, Head of Compliance & AML.

1. Attached Document

Abu Dhabi Stock Exchange News

Abu Dhabi Stock Exchange News

News Update From GFH Financial Group B.S.C

Disclosures: GFH Financial Group B.S.C - Sale of Treasury Shares

GFH Financial Group B.S.C. announced on July 4, 2024, that it has sold 191,629,692 treasury shares, representing 5% of its total issued shares, to Mr. Ahmad Bin Mohammad Al Qassimi. Following this sale, the total number of treasury shares held by the group is 58,800,890, representing 1.53% of the total shares. The announcement was made by Mariam Jowhary, Head of Compliance & AML.

1. Attached Document

Abu Dhabi Stock Exchange News

Abu Dhabi Stock Exchange News

News Update From GFH Financial Group B.S.C

Disclosures: GFH Financial Group B.S.C - Changes in interest of Substantial Shareholders

On 4th July 2024, GFH Financial Group B.S.C announced a substantial shareholder transaction involving its shares. The transaction details are as follows: Mr. Ahmad Bin Mohammad Al Qassimi conducted a transaction on the specified date, purchasing 191,629,692 shares, resulting in his ownership reaching 5%. This information was communicated to the Bahrain Bourse, Dubai Financial Market, Boursa Kuwait, and Abu Dhabi Securities Exchange. The announcement was signed by Mariam Jowhary, Head of Compliance & AML, and included the company seal.

1. Attached Document

Abu Dhabi Stock Exchange News

Abu Dhabi Stock Exchange News

News Update From GFH Financial Group B.S.C

Disclosures: GFH Financial Group B.S.C - GFH Financial Group’s Share Trades in Boursa Kuwait

On July 2, 2024, GFH Financial Group B.S.C. announced that following unusual trading activity of its shares in Boursa Kuwait, there is no additional material information that has not already been disclosed to the markets. This announcement is made in compliance with the directives of Boursa Kuwait and the provisions of Article 4-5 of Module 10 (Disclosures and Transparency) of the Capital Markets Authority (Kuwait) Executive Regulations of Law No. 7 of 2010. The announcement was signed by Mariam Jowhary, Head of Compliance and AML.

1. Attached Document

Abu Dhabi Stock Exchange News

Abu Dhabi Stock Exchange News

News Update From GFH Financial Group B.S.C

Disclosures: GFH Financial Group B.S.C Announcement of Board Meeting to be held on 12/08/2024 at 15:00

GFH Financial Group B.S.C. announced that its Board of Directors will hold a meeting on Monday, 12th August 2024, at 2 p.m. Bahrain time. The agenda includes reviewing the financial results for the second quarter of 2024 and other internal matters. The announcement was made by Mariam Jowhary, Head of Compliance & AML.

1. Attached Document

Abu Dhabi Stock Exchange News

Abu Dhabi Stock Exchange News

News Update From GFH Financial Group B.S.C

Disclosures: GFH Financial Group B.S.C - Update on the Progress of the Discussions to Acquire Ithmaar’s Financing and Investment Portfolios

GFH Financial Group B.S.C. and Ithmaar Holding B.S.C. have announced ongoing discussions regarding GFH's potential acquisition of Ithmaar’s financing and investment portfolios. Ithmaar's shareholders approved the proposed transaction during an Extraordinary General Meeting on May 29, 2024, and authorized the Board of Directors to finalize the transaction's structure, terms, and documents. GFH is currently conducting due diligence and will provide periodic updates to shareholders.

1. Attached Document

Abu Dhabi Stock Exchange News

Abu Dhabi Stock Exchange News

News Update From GFH Financial Group B.S.C

Disclosures: GFH Financial Group B.S.C - Arqam Capital Coverage report on GFH

On June 6, 2023, GFH Financial Group B.S.C. (trading code: GFH) announced that Arqaam Capital has issued an analyst coverage report on GFH shares. The report is attached to the announcement. Any recommendations, estimates, forecasts, or opinions provided by third-party analysts are for informational purposes only and represent the analysts' views. These recommendations do not constitute an endorsement, opinion, forecast, forward-looking statement, or financial advice by GFH Financial Group. The recommendations are subject to continuous review and may change. There is no expected financial impact from this announcement. The announcement was signed by Mariam Jowhary, Head of Compliance & AML.

1. Attached Document

Abu Dhabi Stock Exchange News

Abu Dhabi Stock Exchange News

News Update From GFH Financial Group B.S.C

Disclosures: GFH Financial Group B.S.C - GFH's Top's Honors from Forbes and Global Finance

GFH Financial Group B.S.C. announced on 06/06/2024 that it has received significant recognition for its outstanding performance in the financial sector. The group secured the 5th position in Forbes' Top 30 Asset Managers 2024 list and was named the World's Best Islamic Investment Bank by Global Finance for the second consecutive year. No expected financial impact was noted. The announcement was signed by Mariam Jowhary, Head of Compliance & AML.

1. Attached Document

Abu Dhabi Stock Exchange News

Abu Dhabi Stock Exchange News

News Update From GFH Financial Group B.S.C

Disclosures: GFH Financial Group B.S.C - Treasury Shares

1. Attached Document

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