Tagged: Hisham Al Rayes

Bahrain’s GFC formulates new business model

Bahrain’s GFC formulates new business model

The Gulf Finance House of Bahrain said that it is hoping to receive more active investments to salvage the investment firm's falling figures. A new business model was proposed which consists of new strategy calls such as better involvement with the inv…

GFH net profit soars 50pc to $1.5 million

GFH net profit soars 50pc to $1.5 million

Bahrain-based Islamic investment bank Gulf Finance House (GFH) reported a 50 per cent increase in net profit at $1.5 million for the first quarter this year. Total income for the period was at $11.1m. Income was primarily from fees from funds under man…