GFH Financial Group B.S.C.

Ticker/ISIN
GFH
BH000A0CAQK6
Market/Country
Dubai Financial Market
United Arab Emirates
Latest Stock Price
0.96 AED
2024-02-21

Year to date

0.00 %

3 months

0.06 %

6 months

-0.05 %

1 year

0.00 %

3 years

0.00 %

5 years

0.00 %

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

GFH Financial Group B.S.C.
On 4th July 2024, GFH Financial Group B.S.C announced a substantial shareholder transaction involving Mr. Ahmad Bin Mohammad Al Qassimi. The transaction date was 4th July 2024, and it involved the purchase of 191,629,692 shares. Before the transaction, Mr. Al Qassimi did not hold any shares. After the transaction, he holds 191,629,692 shares, representing a 5% ownership in GFH Financial Group. The announcement was made to Bahrain Bourse, Dubai Financial Market, Boursa Kuwait, and Abu Dhabi Securities Exchange.
GFH Financial Group B.S.C.
GFH Financial Group B.S.C. announced the sale of 191,629,692 treasury shares, representing 5% of its total issued shares, to Mr. Ahmad Bin Mohammad Al Qassimi. Following this transaction, the total number of treasury shares held by the group will be 58,800,890, representing 1.53% of the total shares. The announcement was made by Mariam Jowhary, Head of Compliance & AML.
GFH Financial Group B.S.C.
GFH Financial Group B.S.C. announced that following unusual trading activity of its shares in Boursa Kuwait on Tuesday, July 2, 2024, and in accordance with Boursa Kuwait's instructions and Article 4-5 of Module 10 (Disclosures and Transparency) of the Capital Markets Authority (Kuwait) Executive Regulations of Law No. 7 of 2010, there is no additional material information to disclose beyond what has already been recently announced. The announcement was signed by Mariam Jowhary, Head of Compliance & AML.
GFH Financial Group B.S.C.
GFH Financial Group B.S.C. has announced that its Board of Directors will hold a meeting on Monday, August 12, 2024, at 2 p.m. Bahrain time. The agenda includes discussing the financial results for the second quarter of 2024 and other internal matters. The announcement was made by Mariam Jowhary, Head of Compliance and AML.
GFH Financial Group B.S.C.
GFH Financial Group B.S.C. and Ithmaar Holding B.S.C. have announced that discussions are ongoing for GFH to acquire Ithmaar's financing and investment portfolios. Ithmaar's shareholders approved the proposed transaction during an Extraordinary General Meeting on May 29, 2024, and authorized the Board of Directors to negotiate and finalize the deal's structure, terms, and documents. GFH is currently conducting due diligence and will provide periodic updates to shareholders on the progress.
GFH Financial Group B.S.C.
GFH Financial Group B.S.C. announced on June 6, 2024, that it has received significant recognition for its exceptional performance in the financial sector. The company secured the 5th position in Forbes' Top 30 Asset Managers 2024 list and was named the World's Best Islamic Investment Bank by Global Finance for the second consecutive year. The announcement was made by Mariam Jowhary, Head of Compliance and AML, with no expected financial impact reported.
GFH Financial Group B.S.C.
On June 6, 2023, GFH Financial Group B.S.C. announced that Arqaam Capital has issued an analyst coverage report on GFH shares. The report, which is attached to the announcement, includes recommendations, estimates, forecasts, and opinions provided by third-party analysts. These recommendations are for informational purposes only and represent the analysts' views. They do not constitute financial advice or endorsements by GFH Financial Group. The recommendations are subject to continuous review and may change. There is no expected financial impact from this announcement. The announcement was signed by Mariam Jowhary, Head of Compliance and AML.
GFH Financial Group B.S.C.
GFH Financial Group has announced the acquisition of 9,890,113 of its own shares (treasury shares) as of May 31, 2024. This purchase increases their total treasury shares from 199,863,664 (5.21% of the total issued shares) to 209,753,777 (5.47% of the total issued shares). The decision was made by the board of directors on March 24, 2024, and approved by the relevant authority on May 29, 2024. The average purchase price was 0.3050 USD per share. There are 173,505,606 shares remaining available for purchase. Mariam Jowhary, Head of Compliance & AML, signed the announcement.

Threads

Dubai Financial Market News

Dubai Financial Market News

News Update From GFH Financial Group B.S.C.

Disclosure: Purchase of Treasury Shares

1. Attached Document

Dubai Financial Market News

Dubai Financial Market News

News Update From GFH Financial Group B.S.C.

Disclosure: Purchase of Treasury Shares

1. Attached Document

Dubai Financial Market News

Dubai Financial Market News

News Update From GFH Financial Group B.S.C.

Disclosure: Purchase of Treasury Shares

GFH Financial Group has announced the acquisition of 9,890,113 of its own shares (treasury shares) as of May 31, 2024. This purchase increases their total treasury shares from 199,863,664 (5.21% of the total issued shares) to 209,753,777 (5.47% of the total issued shares). The decision was made by the board of directors on March 24, 2024, and approved by the relevant authority on May 29, 2024. The average purchase price was 0.3050 USD per share. There are 173,505,606 shares remaining available for purchase. Mariam Jowhary, Head of Compliance & AML, signed the announcement.

1. Attached Document

Dubai Financial Market News

Dubai Financial Market News

News Update From GFH Financial Group B.S.C.

Disclosure: Purchase of Treasury Shares

GFH Financial Group B.S.C. announced the purchase of 11,949,000 treasury shares, increasing its total treasury shares from 187,914,664 (4.90% of total issued shares) to 199,863,664 (5.21% of total issued shares) as of May 30, 2024. The board of directors decided on the purchase on March 24, 2024, and it was approved by the relevant authority on May 29, 2024. The average purchase price was 0.2989 USD per share, and the purchased shares represent 0.312% of the issued capital. There are 183,395,719 shares remaining for purchase. The announcement was signed by Mariam Jowhary, Head of Compliance & AML.

1. Attached Document

Dubai Financial Market News

Dubai Financial Market News

News Update From GFH Financial Group B.S.C.

Disclosure: Commencement of Treasury Shares Buyback

GFH Financial Group B.S.C. announced on May 29, 2024, that it has received approval from the Central Bank of Bahrain to repurchase up to 10% of its total issued shares as treasury shares. This decision follows a resolution passed by the company's Ordinary General Meeting on March 24, 2024. The share repurchase will commence on May 30, 2024. The announcement was made by Mariam Jowhary, the Head of Compliance & AML.

1. Attached Document

CashwariyaRai

CashwariyaRai

Commented on AkSharesKumars Transaction regarding GFH Financial Group B.S.C.

Impressive move! GFH Financial Group has potential. Diversifying into Financials could balance out your Industrials. Keep an eye on market trends. Best of luck! 🌟
RealEstateKing

RealEstateKing

Commented on FinanceBroAEDs Transaction regarding GFH Financial Group B.S.C.

Nice move picking up GFH Financial Group shares! Diversifying with Financials can be solid. Hope it boosts your yield! 🚀📈
Dubai Financial Market News

Dubai Financial Market News

News Update From GFH Financial Group B.S.C.

Disclosure: Post share selling announcement

On 23rd May 2024, GFH Financial Group B.S.C. announced the sale of 95,814,846 of its treasury shares, equivalent to 2.5% of its total issued shares, to Mr. Abdulmohsen Rashed Al rashed and Mr. Salah Rashed Alrashed. Following this sale, the total number of treasury shares held by the company will be 187,914,664 shares, representing 4.9% of the company's shares. The announcement was made by Mariam Jowhary, the Head of Compliance & AML at GFH Financial Group B.S.C.

1. Attached Document

Dubai Financial Market News

Dubai Financial Market News

News Update From GFH Financial Group B.S.C.

Disclosure: Halting the Purchase of Treasury Shares

The GFH Financial Group B.S.C. has announced on 19/05/2024, under trading code GFH, that it is halting the purchase of its treasury shares. The company has decided to stop buying back its shares in order to execute a sale transaction with a strategic buyer. The company stated that there is no expected financial impact from this decision. The announcement was made by Mariam Jowhary, the Head of Compliance & AML.

1. Attached Document

Dubai Financial Market News

Dubai Financial Market News

News Update From GFH Financial Group B.S.C.

Disclosure: Earnings Call

On the 15th of May, 2024, GFH Financial Group B.S.C. announced the successful completion of their live webcast session, where they discussed the financial results for the first quarter of 2024. The webcast was held on the 15th of May, 2024, at 1:00 p.m. Kingdom of Bahrain time. The presentation discussed during the session and the script of the live webcast were attached to the announcement. The announcement was signed by Mariam Jowhary, the Head of Compliance & AML at GFH Financial Group B.S.C.

1. Attached Document