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- Omani bourse extends rally as financial sector leads
- CBO issues treasury bills worth OMR26.250 million
- Closing Bell: Saudi main index sheds points to settle at 12,109.94
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- Ministry of Commerce issues decision on principles of governance for closed joint-stock companies
- Madayn's cumulative investment volume up by OMR1 billion in 5 years
- Aldar raises $2.45bn in sustainability-linked credit facility
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26/02/2018 05:44 AST
Gulf Finance House said on Sunday it has appointed Jasim Al Seddiqi as its chairman even as the stock jumped more than 5 per cent before the announcement on the Dubai Financial Market.
Al Seddiqi is currently the managing director and chief executive officer of Abu Dhabi Financial Group (ADFG), which holds 13 per cent stake in GFH through Integrated Capital.
Commenting on his appointment, Al Seddiqi said: "2018 is expected to be another strong year for GFH in which we seek to unlock even greater value from its portfolio of financial and infrastructure assets. We also look forward to strengthening the Group's relationship with its key stakeholders."
The group announced the appointment of Shaikh Ahmad Bin Khalifa Al Khalifa as the Chairman of GFH Capital.
Shaikh Ahmad, said: "GFH Capital is a well-established platform with a strong track record, and building on the momentum of 2017, we are well poised to enter a new era of expansion. This includes plans to effectively increase our transaction capacity both in terms of deal numbers and value as well as to significantly grow our assets under management by further building our base of HNW clients across the GCC. These activities are central to taking GFH to the next level and I look forward to guiding these efforts in the months ahead."
Gulf News
28/03/2018
GFH Financial Group (GFH) today announced that its shareholders have approved the distribution of 8.72 per cent cash dividends totalling $85 million.
The approval came at the conclusion
Trade Arabia
26/03/2018
GFH Financial Group has announced that its 100 per cent owned subsidiary GFH Capital Limited has agreed to sell its 70 per cent stake in the Dubai-based Philadelphia Private School (PPS), which it ac
Trade Arabia
05/03/2018
GFH Financial Group said on Sunday its recent partnership with Bahrain Fintech Bay (BFB) as a founding partner of a fintech hub in the Middle East and Africa (Mena) region will drive innovation and c
Gulf News
| Ticker | Price | Volume |
|---|---|---|
| OSOS | 97.50 | 35,491 |
| NORTHERNCEMENT | 9.08 | 408,768 |
| EMSTEEL | 1.28 | 1,919,247 |
| SINADHOLDING | 14.44 | 168,505 |
| ARIG | 0.12 | 0 |
| ALAMAN | 0.00 | 0 |
| KAMCO | 102.00 | 1,421,355 |
| Ticker | Price | Change |
|---|---|---|
| IHC | 407.00 | -5.90 (-1.43 |
| FAB | 13.58 | -0.18 (-1.31 |
| EMIRATESNBD | 20.35 | 0.10 (0.49 |
| DIB | 6.28 | 0.08 (1.29 |
| ADCB | 8.68 | 0.00 (0.00 |
13/01/2025
Aldar Properties, Abu Dhabi's biggest listed developer, has raised Dh9 billion ($2.45 billion) in a sustainability-linked revolving credit facility from a syndicate of 15 UAE-based and international
The National
12/01/2025
Ooredoo announced on Sunday the appointment of Sheikh Nasser bin Hamad al-Thani as the new chairman of Ooredoo Kuwait.
Most recently, Sheikh Nasser was appointed as Group Regional CEO for th
11/01/2025
One of the fastest-growing logistics businesses in Mena region, GWC has marked "20 years of excellence and innovation", achieved significant milestones and won prestigious awards, solidifying its pos
Gulf Times
11/01/2025
Almarai, the world's largest vertically integrated dairy company and the world's fourth most valuable dairy brand in 2024, has successfully implemented RISE with SAP on Google Cloud. This milestone m
Saudi Gazette
05/01/2025
Elm, a pioneer in digital solutions, enhanced its brand identity, reflecting the company's ambitious and prominent objective. Leveraging comprehensive knowledge, a forward-thinking mindset, and a pro
Financial Information Co.