
GFH Financial Group B.S.C.
Pressreleases, Reports and Disclosures for GFH Financial Group B.S.C.
GFH Bank B.S.C. announced on 19th October 2026 an update regarding the signing of agreements to purchase shares of Seef Properties B.S.C. Following a previous announcement on 15th September 2026, Seef Properties held an Extraordinary General Meeting on 18th October 2026, where independent shareholders voted in favor of a whitewash resolution. This resolution exempts the company from the obligation to make a mandatory takeover offer, as per Article 213 of the Commercial Companies Law and the relevant sections of the CBB Rulebook. Consequently, the transaction with Seef Equity Growth Investment, a company established by GFH Partners Fund Management, was approved. This transaction involves purchasing 95,088,461 shares, representing 20.67% of the company's capital. Upon completion, Seef Equity Growth Investment will own a total of 230,330,053 shares, amounting to 50.07% of the issued capital of Seef Properties. GFH Bank will provide additional disclosures periodically to ensure compliance with laws and regulations.
GFH Bank B.S.C. announced the successful closing of its "Power Systems Opportunities" investment fund, valued at US$63 million. This Sharia-compliant fund invests in critical electricity grid infrastructure in North America and Europe. The closing is expected to positively impact the Group's financials and increase its returns. The announcement was made by Mariam Jowhary, Head of Compliance & AML.
GFH Bank B.S.C. announced on October 14, 2026, its commitment of USD 60 million to a new partnership aimed at acquiring next-generation commercial aircraft engines. This initiative is in collaboration with Bridgepoint, a leading global middle-market investment firm, and AIP Capital, which specializes in asset-based financing opportunities. The partnership is expected to have a positive impact on the Group’s financials and increase its returns. The announcement was made by Mariam Jowhary, the Head of Compliance and AML.
GFH Bank B.S.C. announced that its global asset management arm, GFH Partners Limited, based in the Dubai International Financial Centre, has successfully sold a logistics facility in the United States to Michelin North America for $151 million. This transaction is expected to positively impact the Group's financials and increase its returns.
GFH Bank B.S.C. announced the resignation of Mr. Rajeev Gogia from his position as Group Chief Financial Officer. He will now serve as an Advisor to the CEO and Board of Directors. Mr. Kapil Kothari will temporarily assume the role of Group CFO starting from October 11, 2026. Both Mr. Gogia and Mr. Kothari have no shareholding in the company or its subsidiaries.
GFH Bank B.S.C. announced that Seef Equity Growth Investment, a company established by GFH Partners Fund Management, signed agreements on August 25, 2026, with Seef Properties B.S.C. and the Social Insurance Organization to purchase 21,486,982 and 73,601,479 shares, respectively. This represents 20.67% of Seef's share capital. The transaction is contingent upon Seef's shareholders approving a whitewash resolution during an Extraordinary General Meeting. GFH will provide ongoing disclosures to ensure compliance with relevant laws and regulations. The expected financial impact of this transaction will be determined later.
GFH Bank B.S.C. has announced a Board of Directors meeting scheduled for Thursday, 12th November 2026, at 2 p.m. Bahrain time. The meeting will address the financial results for the third quarter of 2026 and other internal matters. The announcement is signed by Mariam Jowhary, the Head of Compliance and Anti-Money Laundering.
GFH Bank B.S.C. announced an update on discussions regarding a voluntary offer for some of the issued shares of Seef Properties B.S.C. The transaction will be managed by Seef Equity Growth Investment, a company owned by Seef Equity Growth Fund and managed by GFH Partners Fund Management, a subsidiary of GFH. The necessary documents have been submitted to regulators for approval. GFH will continue to provide updates to ensure compliance with laws and regulations. The expected financial impact of the transaction will be determined later. Previous related announcements were made on May 12, June 9, July 7, and August 9, 2026.
GFH Bank B.S.C. announced the resignation of Mr. Razi Almurbati, the Chief Wealth Management Officer, effective from August 17, 2026. He is leaving due to his appointment as Chief Executive Officer at Khaleeji Bank. Mr. Almurbati holds a 0.573% shareholding in the issuer and its subsidiaries. The document is signed by Mariam Jowhary, Head of Compliance & AML, and includes the company seal.
GFH Bank B.S.C. announced the appointment of Mr. Rajeev Gogia as the Group Chief Finance Officer (CFO), effective from July 15, 2026. Mr. Gogia is a seasoned finance executive with over 28 years of experience in senior leadership roles across banking, investment, private equity, and fintech sectors in the Middle East and North Africa. He has been part of various senior management committees and has held board positions at six companies in the region, including three commercial banks. Mr. Gogia is a Chartered Accountant from the Institute of Chartered Accountants of India and holds a Bachelor of Commerce degree from Kurukshetra University, Haryana, India. His previous roles include positions at the National Bank of Dubai, Ahli United Bank Group in Bahrain, and most recently at Veltra Investment in the UAE.
On 7th July 2026, GFH Bank B.S.C. announced an update regarding their voluntary offer for some of the issued shares of Seef Properties B.S.C. There have been no significant developments since the previous announcements on 12th May 2026 and 9th June 2026. The offer is still under review, pending a vote from Seef Properties’ shareholders. GFH Bank will continue to provide regular updates to ensure compliance with relevant laws and regulations. The expected financial impact of this offer will be determined later. The announcement was made by Mariam Jowhary, Head of Compliance & AML.