GFH Financial Group B.S.C

Ticker/ISIN

GFH

BH000A0CAQK6

Market/Country

Abu Dhabi Stock Exchange

United Arab Emirates

Latest Stock Price

0.96 AED

2024-02-21

Year to date

0.06 %

3 months

0.00 %

6 months

0.00 %

1 year

0.00 %

3 years

0.00 %

5 years

0.00 %

GFH Financial Group B.S.C. (“GFH”) was established on 6 November 1999 as an exempt joint stock company (Bank Sector) under registration number 44136 in accordance with the Bahrain Commercial Companies Law No. 21/2001 as amended. GFH operates as an Islamic investment bank under wholesale Islamic banking licence (IBL/041) issued by the Central Bank of Bahrain (“CBB”). GFH’s shares are listed on the Bahrain Bourse, Boursa Kuwait and Dubai Financial Market Stock Exchanges. GFH’s activities are regulated by the CBB and supervised by an internal Shari’a Supervisory Board of GFH. The Group operates across four business lines: Investment banking, commercial banking, Infrastructure and Real Estate Assets Development, Treasury and Proprietary Investments

Latest Pressrelease Summaries

GFH Financial Group B.S.C. announced that it has increased its stake in Khaleeji Bank B.S.C. from 57.95% to 82.95%, effective from September 30, 2024. This represents a 25% increase in their ownership. The investment is expected to have a positive impact on the group's financial statements and increase its returns. The announcement was made by Mariam Jowhary, Head of Compliance and AML.

Disclosures: GFH Financial Group B.S.C - GFH Financial Group Increases its Stake in Khaleeji Bank B.S.C

a day ago

GFH Financial Group announced that the Ordinary General Meeting scheduled for Wednesday, October 2, 2024, did not meet the required quorum, as only 41.58% was achieved. Consequently, a second meeting is scheduled for Wednesday, October 9, 2024, at 11:00 a.m., to be held via modern visual communication methods.

ADX Disclosures: GFH Resumption Notice

4 days ago

Resolution No. 482 of 2024 announces the temporary suspension of trading for GFH Financial Group B.S.C shares on the Abu Dhabi Securities Exchange (ADX). This suspension will occur on October 9, 2024, starting at 12:00, coinciding with the company's Annual General Meeting (AGM). Trading will resume once ADX receives the AGM results. The resolution mandates that all ADX department heads implement this decision in their respective areas. It also requires the resolution to be distributed to the Securities and Commodities Authority (SCA), the concerned company, all ADX departments, and accredited brokers. The resolution has been approved by the authorized person and was issued on October 3, 2024.

ADX Disclosures: Temporary suspension of trading on the shares of GFH Financial Group B.S.C. on 09 Oct 2024

4 days ago

GFH Financial Group announced that the Ordinary General Meeting scheduled for Wednesday, October 2, 2024, did not achieve the required quorum, with only 41.58% attendance. Consequently, a second meeting is scheduled for Wednesday, October 9, 2024, at 11:00 a.m. via modern visual communication methods. The announcement was made by Mariam Jowhary, Head of Compliance & AML, and included the company seal.

Disclosures: GFH Financial Group B.S.C Postponement of AGM to be held on 09/10/2024 at 12:00

5 days ago

GFH Financial Group B.S.C. announced its market making activities and treasury share positions for September 2024, complying with the Central Bank of Bahrain's requirements for monthly disclosures by listed companies. The liquidity provider SICO conducted market making transactions in the Bahrain Bourse, while BHM Capital did so in the Dubai Financial Market and Abu Dhabi Securities Exchange. As of September 30, 2024, GFH held 84,186,563 treasury shares, representing 2.20% of the group's total outstanding shares. In the Bahrain Bourse, SICO purchased 2,887,408 securities and sold 1,253,127 securities, with total payments amounting to $984,520 and total receipts of $427,304.

Disclosures: GFH Financial Group B.S.C - Treasury Shares and Market Making Activities During September 2024

5 days ago

GFH Financial Group B.S.C. announced that a Board of Directors meeting is scheduled for Thursday, November 7, 2024, at 2 p.m. Bahrain time. The agenda includes discussing the financial results for the third quarter of 2024 and other internal matters. The announcement was made by Mariam Jowhary, Head of Compliance and AML.

Disclosures: GFH Financial Group B.S.C Announcement of Board Meeting to be held on 07/11/2024 at 15:00

13 days ago

On 19th September 2024, GFH Financial Group B.S.C. announced that discussions and negotiations are ongoing for the acquisition of Ithmaar Holding B.S.C.'s financing and investment portfolios, subject to regulatory approvals. Shareholders will be regularly updated on any further developments. The expected financial impact will be disclosed in due course. Previous related disclosures were made on 6th March, 7th April, 6th May, and 6th June 2024. The announcement was signed by Mariam Jowhary, Head of Compliance & AML.

Disclosures: GFH Financial Group B.S.C - Update on the Progress of the Discussions to Acquire Ithmaar’s Financing and Investment Portfolios

18 days ago

Resolution No. (481) of 2024 announces the temporary suspension of trading for GFH Financial Group B.S.C shares on the Abu Dhabi Securities Exchange (ADX). This suspension will start at 12:00 on October 2, 2024, coinciding with the company's Annual General Meeting (AGM), and will continue until ADX receives the AGM results. The resolution mandates that all ADX department heads implement this decision within their respective areas and that the resolution be communicated to the Securities and Commodities Authority (SCA), the concerned company, all ADX departments, and accredited brokers. The resolution was approved by an authorized person and issued on September 17, 2024.

ADX Disclosures: Temporary suspension of trading on the shares of GFH Financial Group B.S.C. on 02 Oct 2024

19 days ago