Press releases, Reports & Disclosures for GFH Financial Group B.S.C.

GFH Financial Group B.S.C. announced details of its liquidity providing activities for December 2024, in compliance with the Central Bank of Bahrain's requirements for monthly disclosures by listed companies. The activities were conducted by liquidity providers SICO in Bahrain Bourse, and BHM Capital in Dubai Financial Market and Abu Dhabi Securities Exchange. As of December 31, 2024, GFH's treasury shares amounted to 258,642,186 shares, representing 6.75% of the group's total outstanding shares. In Bahrain Bourse, SICO purchased 744,434 securities and sold 53,859 securities, with total payments of USD 243,089 and total receipts of USD 17,647.

GFH Financial Group B.S.C. announced that its global asset management arm, GFH Partners Limited, based in the Dubai International Financial Centre, has made a strategic investment in Manrre REIT. Manrre is a prominent Dubai-based fund focusing on institutional-grade logistics and industrial assets across the UAE and the GCC region. This investment is anticipated to have a positive impact on GFH Financial Group's financial statements and is expected to increase the Group's returns. The announcement was made by Mariam Jowhary, Head of Compliance and AML.

GFH Financial Group B.S.C. and Ithmaar Holding B.S.C. are currently in negotiations for GFH to acquire Ithmaar’s financing and investment portfolios, subject to regulatory approvals. Shareholders will be regularly updated on any developments. The expected financial impact will be disclosed in due course. Previous related disclosures were made on various dates throughout 2024.

GFH Financial Group B.S.C. has announced a Board of Directors meeting scheduled for Thursday, 13 February 2025, at 2 p.m. Bahrain time. The meeting agenda includes discussing the financial results for the year ending 31 December 2024, along with other internal matters. The announcement was made by Mariam Jowhary, Head of Compliance and AML, and includes the company seal.

On December 5, 2024, GFH Financial Group B.S.C. announced its treasury shares and liquidity providing activities for November 2024, in compliance with the Central Bank of Bahrain's requirements for monthly disclosure. The activities involved liquidity transactions by GFH’s providers, SICO in Bahrain Bourse, and BHM Capital in the Dubai Financial Market and Abu Dhabi Securities Exchange. As of November 30, 2024, GFH held 241,263,416 treasury shares, representing 6.30% of its total outstanding shares. In the Bahrain Bourse, SICO purchased 2,150,558 securities and sold 783,650 securities, with total payments of USD 723,524 and receipts of USD 264,861.

GFH Financial Group B.S.C. announced that its global asset management division, GFH Partners Limited, based in the Dubai International Financial Centre, has successfully acquired A-Class student housing assets in the United States valued at $300 million. This investment is expected to have a positive impact on the Group's financials and increase its returns.

GFH Financial Group B.S.C. and Ithmaar Holding B.S.C. are currently engaged in ongoing discussions and negotiations for GFH to acquire Ithmaar's financing and investment portfolios. This acquisition is subject to regulatory approvals. Shareholders will be regularly updated on any further developments. The expected financial impact of the acquisition will be disclosed in due course. Previous announcements related to this matter were made on several dates throughout 2024. The announcement was made by Mariam Jowhary, Head of Compliance and AML.

GFH Financial Group has announced that it has entered into definitive agreements with the Saudi Education Fund (SEF), managed by EFG Hermes, to acquire Britus Education. Britus Education is a leading K-12 education platform operating international schools in the GCC and MENA regions, with a market value exceeding USD 200 million. The portfolio includes four schools in Saudi Arabia, two in the UAE, and one in Bahrain, with a total capacity of approximately 12,000 students and about 8,000 currently enrolled. This investment is expected to positively impact GFH's financials and increase the Group's returns. The announcement was made by Mariam Jowhary, Head of Compliance and AML.

GFH Financial Group B.S.C. announced the successful completion of their webcast for the third quarter financial results of 2024. The webcast was held on November 13, 2024, at 1:00 p.m. Bahrain time. The presentation and script from the session are available for review. The announcement was made by Mariam Jowhary, Head of Compliance and AML.

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