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GFH Financial Group B.S.C. announced that its Board of Directors met on Monday, August 12, 2024, at 2:00 pm Bahrain time. During the meeting, the Board discussed and approved the financial results for the second quarter of 2024, ending on June 30, 2024, along with other internal matters. The financial results for the second quarter of 2024 are attached. The announcement was made by Mariam Jowhary, Head of Compliance & AML.

The text provides details about a financial institution registered as an Islamic wholesale bank with the Central Bank of Bahrain. The registered office is located on the 2nd Floor of Harbor House in Manama, Kingdom of Bahrain. The board of directors includes Abdulmohsen Rashed Alrashed (Chairman from March 2024), Ghazi Faisal Ebrahim Alhajeri (Vice Chairman), Hisham Ahmed Alrayes (also CEO), and several other members with some terms ending and others beginning in March 2024. The auditors are KPMG Fakhro. The information pertains to GFH Financial Group BSC and includes condensed consolidated interim financial information as of 30 June 2024.

GFH reported an 11.2% increase in net profit attributable to shareholders for the first half of 2024, totaling US$60.75 million. The total income for the first half of 2024 was US$332.23 million, reflecting a 53.7% year-on-year increase. Earnings per share (EPS) rose by 9.7% year-on-year to US cents 1.70. For the second quarter of 2024, total income was US$169.26 million, with a 52.3% year-on-year increase, and net profit attributable to shareholders was US$33.61 million, a 9.8% year-on-year rise. Significant highlights include the Group's early exit from its joint investment in Citrix with Carlyle, the addition of Al Qasimi as a major shareholder, and the appointment of BHM as a market maker for the Group’s shares in UAE markets. Income growth of 154.6% year-on-year was mainly driven by the sale of real estate assets, including the Group’s investment in Charthouse Bahrain. Fitch Ratings affirmed the Group’s Long- and Short-Term Issuer Default Ratings (IDR) at 'B', with a Stable outlook on the Long-Term IDR.

Insurance House – P J S C has released its un-audited reports and condensed interim financial information for the six-month period ending on 30 June 2024.

Finance House P.J.S.C. has released its condensed consolidated interim financial information for the six-month period ending on 30 June 2024.

On August 13, 2024, Invictus Investment Company PLC held a virtual Board of Directors meeting at 3 pm UAE time, with all board members in attendance. During the meeting, they approved the Interim Condensed Consolidated Financial Statements for the six-month period ending June 30, 2024, and discussed general business matters that do not impact the company's share price. The meeting details were communicated by Amir Dawd Abdellatif Ibrahim, the CEO.