GFH Financial Group reported a 13.97% increase in net profit for shareholders in 2023, amounting to US$102.86 million. The total income for the year was US$369.53 million, a 24.10% increase year-on-year (YoY). However, the Q4 2023 figures showed a slight decrease of 1.36% YoY. The group experienced strong growth in income and profitability due to contributions from subsidiaries, associates, and investments. A total cash dividend of 6.2% is recommended for 2023, pending approval. The group also had successful investment banking activities, including closing their third US Medical Clinics portfolio. Several investment exits, including the sale of the first diversified US Student Portfolio, delivered a 10.4% ROI. The group's credit ratings were reaffirmed by Fitch and Capital Intelligence, reflecting a resilient business model and strong financial performance.

On February 13, 2024, the GFH Financial Group held a Board of Directors meeting where they approved the annual audited financial statements for the fiscal year ending on December 31, 2023. They proposed to the general assembly to distribute dividends at 6.2% of the share par value, excluding treasury shares, equivalent to USD 0.0164 (BHD 0.006 / AED 0.60230). Other internal matters were also discussed. The announcement of the dividend distribution was enclosed.

GFH Financial Group B.S.C. has announced it will host a webcast to present the financial results for the fiscal year ending 31st December 2023. The webcast is scheduled for 1:00 pm (Kingdom of Bahrain Time) on Wednesday, 14th February 2024. Shareholders and investors are invited to join the webcast via the provided link. The announcement was signed by Mariam Jowhary, Head of Compliance & AML at GFH Financial Group.

GFH Financial Group B.S.C. has announced a webcast for its financial results for the financial year ending 31st December 2023. The company invites its shareholders and investors to the webcast, which will be broadcasted on 14th February 2024 at 01:00 pm Kingdom of Bahrain Time. The webcast can be accessed via the provided link. The announcement was signed by Mariam Jowhary, Head of Compliance & AML at GFH Financial Group.

GFH Financial Group B.S.C. announced on 31/01/2024 that it has signed an agreement to sell 134,287,812 of its treasury shares, representing 3.5% of its total issued shares, to Southern Star Investments W.L.L. The transaction is expected to reflect positively on GFH's financials and increase the group's returns. The announcement was made by Mariam Jowhary, the Head of Compliance & AML.

GFH Financial Group B.S.C. has announced the opening of nominations for the candidacy of 10 Board of Directors’ membership for a three-year term (2024 -2027). Further details can be found in the attached announcement. The information was released by Mariam Jowhary, the Head of Compliance & AML at the company.

GFH Financial Group B.S.C. has announced the appointment of Mr. Ayman Zaidan as Group Chief Treasury & Financial Institutions, effective from January 14, 2024. This follows the resignation of Mr. Damian Philip White due to personal reasons. Mr. Zaidan has over 30 years of experience in the banking industry and has previously worked with First Energy Bank, National Bank of Kuwait, and Qatar First Bank. He holds a Bachelor of Science in Accounting and Business Administration from the University of Jordan.

GFH Financial Group B.S.C., with the trading code GFH, announced on 13/12/2023 the opening of Raffles Hotels & Resort and the launch of a new masterplan for its Areen project. This investment is expected to positively impact the group's financials and increase its returns. Further details can be found in the attached release. The announcement was made by Mariam Jowhary, the Head of Compliance & AML.

The GFH Financial Group B.S.C. (Trading Code: GFH) has announced a board meeting scheduled for 13 February 2024. The meeting will start at 2 p.m. Kingdom of Bahrain’s time. The agenda includes the review of financial results for the year ended 31st December 2023 and discussion of other internal matters. The announcement was made by Mariam Jowhary, the Head of Compliance & AML.

On 07/12/2023, GFH Financial Group B.S.C. (GFH) announced through a press release the sale and exit from its first Diversified US Student Housing Portfolio by its fully owned subsidiary, GFH Partners Ltd. The investment is expected to reflect positively on the Group’s financials and increase the returns for the Group. Further details can be found in the attached release. The announcement was signed by Mariam Jowhary, Head of Compliance & AML.

The GFH Financial Group B.S.C. has announced the appointment of Mr. Suryanarayanan Hariharan as the new Group Chief Financial Officer (CFO). This follows the appointment of the current Group CFO, Mr. Srinivasan Rathinam, as an Advisor to the Group CEO. The changes will be effective from 30th November 2023.

On November 14, 2023, GFH Financial Group B.S.C. announced the successful completion of its Q3 2023 financial results webcast. The online session was broadcasted live at 1:00 p.m. Kingdom of Bahrain time. The announcement follows a market notification by GFH on November 9, 2023, inviting shareholders and investors to attend the webcast. The presentation discussed during the session and the script of the live webcast were attached to the announcement. The information was signed by Mariam Jowhary, Head of Compliance & AML at GFH Financial Group B.S.C.