GFH Financial Group BSC News - Mubasher Info
KSA
Mubasher TV
 Contact Us Advertising   العربية
KSA
TDWL Open
06 April 01:33 PM

GFH Financial Group BSC (GFH`B)

Last update: 4 July 2023 04:00 AM market time.
1.24
0.00
0.00%
Open 1.24
Previous Close 0.00
High 1.24
Low 1.24
Stock Statistics
Volume 483,124
Turnover 599,073.76
All data are 15 minutes late during market session

News

The top official refused to reveal any details related to the project
29 October 2017 04:36 PM GFH, Emaar Properties not in talks over Morocco project - CEO
By: Amr Adel Dubai – Mubasher: Hisham Ahmed Al-Rayes, GFH Financial Group’s CEO, on Sunday stated that the group was not in talks with Emaar Properties with regard to a real estate project in Morocco. GFH is working on a megaproject in Morocco, …
Companies Investments
GFH to be listed on Tadawul – CEO
29 October 2017 11:50 AM GFH to be listed on Tadawul – CEO
By: Amr Adel Dubai – Mubasher: GFH Financial Group plans to be listed on the Saudi Stock Exchange (Tadawul) as the Saudi body is the largest stock market in the MENA region, GFH CEO Hisham Al Rayes on Sunday told Mubasher during a phone interview. …
Corporate Actions
In the Bahrain Bourse (BHB), the stock grew 2.2%
22 October 2017 10:19 AM GFH gains 2% on listing KHCB in DFM
Mubasher: The Dubai, Bahrain, and Kuwait- listed GFH Group’s stock grew across the three bourses after the announcement of a plan to list the company's subsidiary Khaleeji Commercial Bank on the Dubai Financial Market (DFM) soon.   By 6:40 am GMT, …
Trading Activities
This step is a part of the bank’s expansion strategy in order to diversify investment opportunities
19 October 2017 07:08 PM GFH expects listing KHCB on DFM in 2017
By: Amr Adel Dubai – Mubasher: Hisham Al Rayes, CEO of GFH Financial Group, on Thursday said that his group expects Khaleeji Commercial Bank (KHCB) to be listed on the Dubai Financial Market (DFM) by the end of 2017. The bank, 55%-owned by GFH …
Market News
In the last two years, ADFG pumped up to AED 500 million to buy shares in Gulf Navigation Holding, GFH, and Eshraq Properties
5 October 2017 11:52 AM DSI, GFH acquire 52% of DFM liquidity
By: Mahmoud Gamal Dubai – Mubasher: Drake and Scull International’s (DSI) and GFH Group’s stock acquired a combined 52% of the Dubai Financial Market’s (DFM) liquidity on Thursday. By 12:45 am UAE time, the trading value of both DSI’s and GFH’s …
Trading Activities
A rise in credit risk along with the lower oil prices continue to be major constraining factors
26 September 2017 09:39 AM Capital Intelligence affirms GFH rating; outlook ‘stable’
Mubasher: GFH Financial Group on Tuesday said that Capital Intelligence Ratings has confirmed the bank’s long-term rating at ‘BB’ and short-term rating at ‘B’. The ratings agency gave the Bahrain-based bank a ‘stable’ outlook, GFH said in a filing …
Ratings
The board will also approve results for the first nine months of 2017
26 September 2017 09:14 AM GFH Group to discuss financials 12 November
Dubai - Mubasher: GFH Financial Group on Tuesday said its board was set to convene on Sunday, 12 November to discuss and approve the group’s financial results for the third quarter of 2017. The board will also approve results for the first nine …
Company News
The deal is worth more than $43 million
12 September 2017 01:09 PM GFH unit exits over $43m investments in US
Mubasher: GFH Financial Group said that its subsidiary, GFH Capital, in the UAE has exited a real estate portfolio in Atlanta City, in the US. The deal is worth more than $43 million, according to a bourse statement issued on Tuesday. GFH …
Companies Investments
MubasherTrade Research initiated coverage of GFH Financial Group with a buy/moderate risk rating
10 September 2017 00:57 PM MubasherTrade initiates GFH Financial with Buy/Moderate Risk, sets 12M PT at AED2.9/shr
Mubasher: MubasherTrade Research initiated coverage of GFH Financial Group with a buy/moderate risk rating and 12-month price target (PT) of AED 2.929 per share, implying a 52% upside potential to market price. MubasherTrade Research used …
Stock Evaluations
GFH Financial Group’s stock fell 2.25% to AED 1.74
28 August 2017 10:15 AM GFH stock hits lowest level in 9M
Dubai – Mubasher: GFH Financial Group’s stock fell 2.25% to AED 1.74 by 10:40 am UAE time, after 4.42 million shares were exchanged, at a turnover of AED 7.83 million, registering its lowest level in nine months, or since 30 November 2016. The …
Trading Activities
This exchange transaction will generate a profit of nearly KWD 258,900
27 August 2017 10:32 AM GFH earmarks stake to Al Enmaa in exchange offer
Mubasher: Al Enmaa Real Estate said that 2.31 million of GFH Financial Group’s shares were allocated to Al Enmaa, as part of an exchange offer in return for Al Enmaa’s ownership in a megaproject in Tangier, Morocco. This exchange transaction will …
Company News
No approval received for dividends distribution policy - GFH
27 August 2017 09:45 AM No approval received for dividends distribution policy - GFH
Dubai – Mubasher: GFH Financial Group said it has not received any final approvals from regulatory authorities regarding the group’s policy of future and ordinary dividends distribution for shareholders. GFH’s board had initially discussed the …
Company News
The Dubai Financial Market’s (DFM) management on Thursday suspended temporarily the trading on GFH Financial Group
24 August 2017 00:16 PM DFM suspends trading on GFH shares
Dubai – Mubasher: The Dubai Financial Market (DFM) on Thursday temporarily suspended trading on GFH Financial Group. The trading suspension on the group’s shares occurred after trading on the stock was also halted in Boursa Kuwait and the Bahrain …
Company News
GFH Financial's proposed policy has been referred to the CBB
24 August 2017 11:10 AM GFH Financial refers proposed dividend policy to CBB
Dubai – Mubasher: GFH Financial Group on Thursday said that its board of directors discussed the dividend distribution policy, counting on the firm’s recent good performance. The firm said in a statement to the Dubai Financial Market (DFM) that …
Cash Dividends
Integrated Capital on Wednesday raised its stake in GFH Financial Group to reach 9.02% of the group’s total shares
23 August 2017 03:56 PM Integrated Capital raises stake in GFH
Mubasher: Integrated Capital on Wednesday raised its stake in GFH Financial Group to reach 9.02% of the group's total shares, equivalent to a capital of $332.19 million. The ratios of the company's main shareholders have changed in line with the …
Corporate Actions
This deal would record KWD 39,860 in profits in Q3-17
22 August 2017 01:30 PM GIH exits Navi Mumbai for GFH shares
Mubasher: Gulf Investment House (GIH) on Tuesday announced that it appropriated 1.16 million shares in GFH Financial Group in exchange for its property in the Navi Mumbai Power City project. This deal would record KWD 39,860 in profits in the …
Insider Trading & Treasury Stocks
The profits of this deal are KWD 500,000
21 August 2017 02:18 PM NIC exits Navi Mumbai for GFH stocks
Mubasher: National Investment Company (NIC) on Monday announced that it would appropriate 12.85 million shares in GFH Financial Group in exchange for its share in Navi Mumbai Power City project. The profits of this deal are KWD 500,000 and will be …
Companies Investments
This exchange will lead to approximately KWD 2.16 million in profits
16 August 2017 05:58 PM Ajial exits investments for GFH stocks
Mubasher: Ajial Real Estate Entertainment agreed to an offer to exit from Navi Mumbai and Bab Al Maghreb in exchange for shares in GFH Financial Group, according to a statement by Ajial. This exchange will lead to approximately KWD 2.16 million in …
Companies Investments
GFH Financial Group is discussing three proposals on how to utilise its newly-acquired 200 million square feet of land portfolio, said CEO
15 August 2017 06:59 PM GFH weighs between 3 proposals for new portfolio use – CEO
By: Amr Adel Dubai – Mubasher: GFH Financial Group is discussing three proposals on how to utilise its newly-acquired 200 million square feet of land portfolio, said CEO Hisham Al Rayes on Tuesday. The new portfolio includes lands in Tunisia, …
Company News
Kuwait Investment received an exchange offer from GFH at a total value of KWD 9.36 million
15 August 2017 00:20 PM Kuwait Investment gains $1.8m from deal with GFH
Mubasher: Kuwait Investment said that it registered a profit of nearly KWD 526,490 ($1.8 million) from exchanging investments with GFH Financial Group, according to a bourse statement issued on Tuesday. The activation of the exchange offer and …
Insider Trading & Treasury Stocks
The acquisition was funded through raising capital by $315 million
15 August 2017 10:44 AM GFH acquires investment portfolio at $1.2bn
Mubasher: GFH Financial Group on Tuesday announced completing its acquisition of a portfolio for infrastructure investment at a value of $1.2 billion in the Middle East and Africa (MEA) regions. The acquisition was funded through raising capital …
Mergers and Acquisitions
GNAHC to make $2.2 million from the sale
13 August 2017 03:15 PM GFH offers to buy GNAHC’s stake in Gateway to Morocco
Mubasher: Gulf North Africa Holding Company (GNAHC) said that it has received a final exit offer from all of its investments in an infrastructure project from GFH Financial Group. The company revealed in a statement to Boursa Kuwait on Sunday that …
Mergers and Acquisitions
The ratings reflect GFH’s improved financial position
13 July 2017 08:38 AM Fitch upgrades GFH ratings
Kuwait – Mubasher: Fitch Ratings upgraded GFH Financial Group’s long-term issuer default rating (IDR) from “B-” to “B”, with a “Positive” outlook, according to a statement. The group’s short-term IDR has been affirmed at “B”. The ratings reflect …
Ratings
Integrated Capital transferred 16.3 million of its shares owned in GFH
4 July 2017 09:02 AM Integrated Capital transfers stake in GFH to Ajman Bank
Dubai – Mubasher: GFH clarified that Integrated Capital (IC) on Tuesday transferred 16.3 million of its shares owned in GFH to IC’s account with Ajman Bank.  IC remains the owner of these transferred shares, while its total direct and indirect …
Insider Trading & Treasury Stocks
GFH had appointed SICO as a market maker in order for the latter company to own a stake in GFH as treasury shares
4 July 2017 08:54 AM GFH gets CBB approval to buy treasury shares
Dubai – Mubasher: GFH Financial Group received the Central Bank of Bahrain’s (CBB) approval to acquire treasury shares equivalent to about 5% of GFH’s total issued shares, according to a bourse statement. The acquisition will be …
Insider Trading & Treasury Stocks