Tagged: Gulf Finance House (GFH)

Tunisia backing for Gulf Finance House project

Tunisia backing for Gulf Finance House project

The Tunis Financial Harbour (TFH) project by Gulf Finance House’s (GFH) has received back-up from Tunisian Investment and International Co-operation Minister Riadh Bettaieb. The commitment is in the form of a high profile delegation from the Islamic in…

GFH announces a profit of USD 0.38 million for 2011

GFH announces a profit of USD 0.38 million for 2011

Gulf Finance House (GFH) presented its financial results for the year ending 31 December 2011, during which the bank returned to profitability despite a challenging year underscored by shortfalls in market liquidity and rising political tension through…

Tunis Financial Harbour project gets underway

Tunis Financial Harbour project gets underway

Gulf Finance House (GFH) has officially stated that the Tunis Financial Harbour (TFH) has started the prequalification process for prospective contractors.
This comes after an announcement made by the Tunisia government that it supports the TFH project…

Trading of GFH resumes after months-long hiatus

Trading of GFH resumes after months-long hiatus

After a suspension that lasted almost eight months, trading in shares of Gulf Finance House (GFH) has finally resumed. GFH is traded on the Bahrain Stock Exchange, the Kuwait Stock Exchange and the Dubai Financial Market.
GFH was hit very hard by the f…

GFH reports Q1 profit of $11.9 million

GFH reports Q1 profit of $11.9 million

Gulf Finance House (GFH) swung to a first-quarter (Q1) net profit helped by aggressive cost cutting and the reversal of a bonus scheme granted in 2008. GFH, which is aiming to raise 500 million US dollars in new capital, said net profit for the quarter…