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- Oil Updates - prices nudge higher amid economic uncertainty, OPEC+ supply fears
- Saudi Arabia to power data platforms with AI to drive Vision 2030 goals
- For Dubai property demand, a weak dollar has its benefits, especially for luxury home buys
- Oman, UAE boost bilateral trade and investment ties
- Tatweer plans several new projects in Duqm zone this year
- Dubai gold price drops - again - ahead of April 30's 'Akshaya Trithiya'
- Saudi Awwal Bank records SR2.1 billion net profit after zakat and income tax for 1Q25
- ECB set for deeper interest rate cutting cycle
- 'Qatar-Belgium Business Meeting reviews bilateral investment co-operation'
- Qatar makes impact in strengthening integration frameworks in Arab capital markets
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 |
|---|
| Ticker | Price | Change |
|---|---|---|
| IHC | 402.80 | 1.10 (0.27 |
| FAB | 14.10 | 0.20 (1.43 |
| EMIRATESNBD | 20.25 | 0.10 (0.49 |
| ADCB | 11.38 | 0.28 (2.52 |
| EIB | 12.25 | 0.00 (0.00 |
28/04/2025
Lubna S. Olayan, Chair of the Board of Directors of Saudi Awwal Bank (SAB), announced on Sunday the bank's financial results for the period ending 31 March, 2025.
For the first three months
Saudi Gazette
28/04/2025
stc announced its preliminary financial results for the period ending March 31, 2025, highlighting strong performance across key metrics.
Revenues for the first quarter reached SR19,210 mill
Saudi Gazette
28/04/2025
Arab Bank Group has reported solid results for the first quarter of 2025, with 7 % increase in net income after tax reaching $ 271 million, compared to $252.8 million for the same period last year.
Trade Arabia
28/04/2025
Aluminium Bahrain (Alba), the world's largest aluminium smelter on one site, has cemented its position as a regional leader in industrial innovation by becoming the first aluminium smelter in the Mid
Trade Arabia
26/04/2025
Adnoc Distribution, a leading fuel distributor and convenience store operator, has unveiled plans for a major expansion of its electric vehicle (EV) charging infrastructure, increasing its charging p
Trade Arabia
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