GFH.KW News & Announcements- MarketsToday.net


KUWAIT STOCK EXCHANGE (KSE)Trading Hours: Sun - Thu 9:00 am-12:30 pm

Gulf Finance House GFH
GFH 1.16%
Financial 0.45%
KSE 0.59%
170
Last Value
-2
Change
1.16%
% Change
Price in KW Fils Last Update : 27 Jul 2017 12:39 pm (local time)
  • GFH long-term rating affirmed; outlook stable Aug 28, 2016 | Source : Saudi Gazette

    GFH Financial Group (“GFH”) on Saturday announced that Capital Intelligence (CI), the international credit rating agency, has affirmed its Long-Term Rating at ‘BB’ and the Short-Term Rating at ‘B’. The Outlook for GFH’s ratings has also been affirmed...

  • GFH net profit soars 248% in 1st half of ’16 Aug 14, 2016 | Source : Saudi Gazette

    GFH Financial Group announced a net profit attributable to shareholders of $11.5 million for the first half of the year ended June 30, 2016. This represents a 248% increase from the $3.3 million net profit reported in the...

  • GFH net profit skyrockets to $6.1m in Q1 May 17, 2016 | Source : Saudi Gazette

    GFH Financial Group reported a net profit attributable to shareholders of $6.1 million for the first quarter of 2016, representing a 176% increase from the $2.2 million net profit reported in Q1-2015. The Group reported a consolidated profit of $10...

  • GFH sustains profitability in 2015 with net of $12 million Feb 25, 2016 | Source : Saudi Gazette

    GFH Financial Group (GFH) on Wednesday announced its full year financial results for 2015 with a consolidated profit of $29 million before provisions of $17 million, and a net profit of $12.0 million, signaling sustained profitability for the Group. Total consolidated...

  • Integrated Capital raises stake in GFH group Feb 18, 2016 | Source : Khaleej Times

    Abu Dhabi Financial Group (ADFG), on Wednesday announced that Integrated Capital, its capital markets arm, has increased its stake in the Bahrain-headquartered GFH Financial Group to 10 per cent on DFM. Integrated Capital is now the largest shareholder in GFH, a...

  • VAT impact on Saudi firms differs; urged to keep record of all business transactions Jul 27, 2017 | Source : Saudi Gazette

    Proven Saudi Arabia, the leading business support provider for the KSA, provides further insight on the implementation of VAT and the effect it will have on businesses operating within the Kingdom. It has been confirmed that a 5%...

  • 5 points for businesses to create a VAT compliance road map Apr 18, 2017 | Source : Saudi Gazette

    The introduction of a harmonized Value Added Tax (VAT) and excise tax in the Gulf Cooperation Council (GCC) by 2018 constitutes an important policy reform that aims to reduce reliance on hydrocarbon revenues. According to the IMF,...

  • Investment leaders must transform for industry to flourish Apr 05, 2017 | Source : Saudi Gazette

    Investment industry is at an existential crossroads, CFA Institute said in a study revealed Tuesday titled “The Future State of the Investment Profession”. The study warns that investment industry leaders who fail to transform their business models...

  • EDB in strategic partnership to transform Bahrain into region’s financial technology powerhouse Mar 30, 2017 | Source : Saudi Gazette

    The Bahrain Economic Development Board (EDB), FinTech incubator and ecosystem builder Singapore Fintech Consortium (SFC) and Dubai-based asset management and advisory firm Trucial Investment Partners, have partnered to develop a FinTech (financial technology) ecosystem and regulatory framework for...

  • The challenges that fintech is facing Mar 17, 2017 | Source : Khaleej Times

    Cyber-security and threats to the financial privacy of individuals and institutions are the key challenges posed by the fast-emerging financial technology (fintech), according to experts at a seminar on the role of technology in banking and financial services.

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