Tagged: Hisham Alrayes

Gulf Finance House net profit hits $10 million

Gulf Finance House net profit hits $10 million

Gulf Finance House (GFH) yesterday reported a net profit of $10.03 million last year as compared to $0.38m in 2011. The profitability is attributed to profitable investments as well as significant restructuring, including the Leeds United football club…

Gulf Finance House denies reports of suspension of acting CEO

Gulf Finance House denies reports of suspension of acting CEO

Gulf Finance House (GFH) has issued a statement denying the suspension of the firm’s Acting CEO Hisham Alrayes. GFH clarified that its ex-CEO Mr Ted Pretty and Ex-Deputy CEO Mr Mohd Al Nusu were suspended for a period of three months. Both have already resigned from the company. According to the statment, the CMA had not imposed any financial penalty on the firm.

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…