GFH Financial Group B.S.C.

About GFH Financial Group B.S.C.
Country of Origin: Kingdom of Bahrain
GFH Financial Group B.S.C. has been establishment in 1999 in the Kingdom of Bahrain as an Islamic Wholesale Bank licensed by Central Bank of Bahrain. GFH is a well renowned financial group in the GCC region, with a diversified offering and pioneering track record in Investment Management; Commercial Banking; and Treasury & Proprietary Investments across the GCC, with strategic investment in the US, Europe and UK. Headquartered in Bahrain, GFH’s innovative approach to Islamic investment banking services has been recognized internationally for over a decade. GFH is listed on four stock exchanges in the GCC, including the Bahrain Bourse, Boursa Kuwait, Dubai Financial Market (DFM) and Abu Dhabi Securities Exchange (ADX).
Latest Pressrelease Summaries from GFH Financial Group B.S.C.
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GFH Financial Group has announced that it has entered into definitive agreements with the Saudi Education Fund (SEF), managed by EFG Hermes, to acquire Britus Education. Britus Education is a leading K-12 education platform operating international schools in the GCC and MENA regions, with a market value exceeding USD 200 million. The portfolio includes four schools in Saudi Arabia, two in the UAE, and one in Bahrain, with a total capacity of approximately 12,000 students and about 8,000 currently enrolled. This investment is expected to positively impact GFH's financials and increase the Group's returns. The announcement was made by Mariam Jowhary, Head of Compliance and AML.
GFH Financial Group B.S.C. announced the successful completion of their webcast for the third quarter financial results of 2024. The webcast was held on November 13, 2024, at 1:00 p.m. Bahrain time. The presentation and script from the session are available for review. The announcement was made by Mariam Jowhary, Head of Compliance and AML.
GFH Financial Group B.S.C. announced that its Board of Directors held a meeting on Tuesday, November 12, 2024, at 2:00 pm Bahrain time. During the meeting, they discussed and approved the financial results for the third quarter of 2024, ending on September 30, 2024, along with other internal matters. The financial results for the third quarter of 2024 are attached. The announcement was made by Mariam Jowhary, Head of Compliance & AML.
On November 7, 2024, GFH Financial Group B.S.C. announced details of its market-making activities for October 2024, in compliance with the Central Bank of Bahrain's requirements for monthly disclosures by listed companies. The market-making transactions were conducted by GFH's liquidity providers: SICO on the Bahrain Bourse, and BHM Capital on the Dubai Financial Market and Abu Dhabi Securities Exchange. As of October 31, 2024, GFH held 207,500,896 treasury shares, representing 5.4% of the Group's total outstanding shares. During October, SICO purchased 371,469 securities and sold 1,030,750 securities on the Bahrain Bourse, with total payments of USD 124,831 and total receipts of USD 345,215.
GFH Financial Group B.S.C. has announced a webcast for its financial results for the third quarter of 2024, ending on September 30, 2024. The webcast is scheduled for Wednesday, November 13, 2024, at 1:00 pm Bahrain time. Shareholders and investors are invited to attend. The announcement is signed by Mariam Jowhary, Head of Compliance & AML, and includes the company seal.
GFH Financial Group B.S.C. announced the postponement of its Board of Directors meeting, initially scheduled for 7th November 2024, to 12th November 2024. The meeting will begin at 2 p.m. Bahrain time and will cover the financial results for the third quarter of 2024 and other internal matters. This follows a previous disclosure made on 24th September 2024 about the meeting. The announcement was made by Mariam Jowhary, Head of Compliance & AML.
GFH Financial Group B.S.C. announced a partnership with Infracorp and Kempinski to launch the Harbour Heights Kempinski Hotel and exclusive branded residences, coinciding with the Gateway Gulf Forum 2024. This investment is expected to have a positive impact on the group's financials and increase returns. The announcement was made by Mariam Jowhary, Head of Compliance and AML. Further details are available in the attached release.
GFH Financial Group B.S.C. announced a strategic partnership with Panattoni Saudi Arabia to develop 500,000 square meters of modern logistics facilities in Saudi Arabia. This investment is expected to positively impact the Group's financials and increase its returns. The announcement was made by Mariam Jowhary, Head of Compliance and AML, and bears the company seal. Further details are available in the attached release.
GFH Financial Group B.S.C. announced the signing of a preliminary agreement with Gulf Warehousing Company (GWC), a leading logistics provider in the GCC. The collaboration aims to support GWC's expansion by developing 200,000 square meters of Grade 'A' logistics facilities in key locations across Saudi Arabia, including Riyadh, Jeddah, and Dammam. This investment is expected to have a positive impact on GFH's financial statements and increase the Group's returns. The announcement was made by Mariam Jowhary, Head of Compliance and AML.
GFH Financial Group B.S.C. announced the launch of its innovative investor mobile application during the Future Investment Initiative (FII) in Riyadh, Saudi Arabia. The investment is expected to have a positive impact on the group's financial performance and increase its returns. The announcement was made by Mariam Jowhary, Head of Compliance and AML.