Press releases, Reports & Disclosures for GFH Financial Group B.S.C.
GFH Financial Group B.S.C. has announced a Board of Directors meeting scheduled for Wednesday, 13 August 2025, at 2 p.m. Bahrain time. The agenda includes discussing the financial results for the second quarter of 2025 and other internal matters. The announcement was made by Mariam Jowhary, Head of Compliance and AML.
On June 11, 2025, GFH Financial Group B.S.C. issued a clarification regarding rumors circulating on social media about a potential merger with Shuaa Capital. GFH stated that these rumors are false, confirming that there are no discussions or agreements regarding such a merger, and no negotiations or arrangements have been made with Shuaa Capital. There is no impact from this clarification, and there are no previous relevant disclosures. The announcement was made by Mariam Jowhary, Head of Compliance & AML.
On May 29, 2025, GFH Financial Group B.S.C. announced that Fitch Ratings, an international credit rating agency, has reaffirmed the group's Long and Short-Term Issuer Default Ratings (IDRs) at 'B' with a Stable outlook for the Long-Term IDR. Additionally, Fitch confirmed the 'B'/'RR4' rating for the group's $500 million senior unsecured Sukuk certificates issued through GFH Senior Sukuk Company Limited. The announcement noted that there is no expected financial impact of this credit rating classification on the company's business or financial position.
On May 27, 2025, GFH Financial Group B.S.C. announced that it has acquired an additional 15.63% of shares in Seef Properties B.S.C., increasing its total ownership to 27.98%. This transaction is expected to positively impact the financials of GFH. There were no previous relevant disclosures related to this acquisition. The announcement was made by Mariam Jowhary, Head of Compliance and AML.
On May 17, 2025, GFH Financial Group B.S.C. announced the purchase of 2,080,000 treasury shares, increasing its total treasury shares from 210,322,418 (5.49% of total issued shares) to 212,402,418 (5.54% of total issued shares) as of May 16, 2025. The decision to purchase was made by the board of directors on March 24, 2024, and approved by the relevant authority on February 16, 2025. The average purchase price was 0.3078 SDU, and the purchased shares represent 0.054% of the issued capital. There are 170,856,965 shares remaining available for purchase. The announcement was made by Mariam Jowhary, Head of Compliance & AML.
GFH Financial Group B.S.C. announced that it has purchased 1,800,000 of its own treasury shares, increasing its total treasury shares from 208,522,418 (5.44% of total issued shares) to 210,322,418 (5.49% of total issued shares) as of May 15, 2025. The decision to purchase was made by the board of directors on March 24, 2024, and approved by the relevant authority on February 16, 2025. The average purchase price was 0.3053 SDU, and the shares purchased represent 0.047% of the issued capital. There are 172,936,965 shares remaining for purchase. The announcement was made by Mariam Jowhary, Head of Compliance & AML.
On May 14, 2025, GFH Financial Group B.S.C. announced the successful completion of a live webcast session regarding their first-quarter financial results for 2025. This session, initially disclosed in a notification dated May 8, 2025, was held online at 1:00 p.m. Bahrain time. The presentation and script from the webcast are available for reference. The announcement was made by Mariam Jowhary, Head of Compliance and AML, and includes the company seal.
GFH Financial Group B.S.C. announced the purchase of 100,000 treasury shares, increasing its total treasury shares from 208,422,418 to 208,522,418, maintaining a 5.44% share of the total issued shares as of May 14, 2025. The board of directors decided on the purchase on March 24, 2024, and the approval was granted on February 16, 2025. The average purchase price was 0.3053 USD per share, representing 0.003% of the issued capital. There are 174,736,965 shares remaining available for purchase. The announcement was made by Mariam Jowhary, Head of Compliance & AML.
GFH Financial Group B.S.C. announced that its Board of Directors held a meeting on Tuesday, 14th May 2024, at 2:00 pm Bahrain time. During the meeting, they discussed and approved the financial results for the first quarter of 2024, ending on 31st March 2024, along with other internal matters. The financial results for the first quarter of 2024 are attached. The announcement was made by Mariam Jowhary, Head of Compliance & AML.
GFH Financial Group B.S.C. announced that following unusual trading activity of its shares in Boursa Kuwait on May 13, 2025, there is no additional undisclosed material information beyond what has already been shared by the group. This statement aligns with the guidelines of Boursa Kuwait and the Capital Markets Authority's regulations. The announcement was made by Mariam Jowhary, Head of Compliance & AML.