ArabianBusiness.com - Middle East Business News
Thursday, 26 November 2009 03:41 UAE time

YOUR DIRECTORY /

Gulf Finance House - Bahrain

Main Category: Asset Management
First Address : 10006
Second Address : Floor 6, Al Salam Tower, Diplomatic Area
City : Manama
Country : Bahrain
Phone: 973 17538538
Fax: 973 17540006
Email: info@gfhouse.com
Website: www.gfhouse.com


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ALL STORIES LIST


Gulf Finance House swings to Q3 loss on lower income

Investment firm records Q3 loss of $29m; posts its fourth consecutive quarterly loss.

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Bahrain's GFH announces major shake-up

Islamic investment bank splits company into two, aiming for 'new period of growth'.

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Gulf Finance House sees earnings recovery in H2

Islamic lender eyes recovering after suffering three consecutive quarterly losses.

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Fresh appetite for Gulf IPOs seen after Ramadan

Investors seen more willing to support region's companies after market drought.

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GFH, Macquarie set for strategic tie-up

Macquarie Group to invest $100m in Bahrain’s GFH ahead of providing Islamic products across ME.

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Qatar mulls Poland shipyard buy after deal fails

UPDATE 2: Poles under pressure to sell yards to stave off thousands of job losses.

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The view from the top

Gulf Finance House founder and chairman Esam Janahi’s talks strategy, recovery and oil prices.

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Gulf Finance House sees Q2 loss on income slump

UPDATE 1: Bahraini Islamic bank misses forecast with third straight quarterly loss.

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Bahrain central bank okays GFH capital hike

Bahrain-based Islamic investment bank wins nod to hike its capital by $300m to $500m.

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Gulf Finance House expects to raise $500m-$800m in 2009 – chairman

Bank expects to raise less than half of $1.8bn it raised two years ago.

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GCC to continue with US currency peg - analyst

Gulf Finance House says US dollar is undisputed reserve currency for GCC nations.

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Gulf Finance House announces new CEO

Lebanese-born Ahmed Fahour will take over the reigns at the Bahrain-based Islamic lender.

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Bahrain's Gulf Finance House denies merger talks

Islamic investment bank not to merge with Kuwait's First Investment Bank.

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Gulf Finance House set to appoint new CEO

EXCLUSIVE: Former CEO of Bahrian bank left in Dec, replacement to be named in weeks.

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Gulf Finance House posts $37.7m net loss Q109

Bahrain-based Islamic Finance House says loss due to provisions on investment portfolio. 

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Gulf Finance House seeks $600mn for energy projects

Bahrain-based Islamic bank looking to finance Libyan and Kazakh projects.

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First Energy set for further investment in energy sector

Bahrain-based Islamic investment bank eyes oil exploration and drilling services deals.

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Bahrain's Gulf Finance House eyes buyouts this year

Islamic investment bank mulls acquisitions as valuations of potential targets face pressure.

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GFH announces 2008 profit fall

Bahrain-based investment bank reveals year end profits dropped 14 percent compared to 2007.

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S&P cuts outlook for GFH to negative

Ratings agency affirms BBB-/A-3 long and short-term counterparty ratings for the Islamic investment bank.

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Energy City Libya plans revealed

Bahrain's Gulf Finance House (GFH) has unveiled the conceptual master plan for its US $5 billion (BHD1.9 billion) Energy City Libya development.

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Libya to host $5 billion energy hub

Bahrain's Gulf Finance House unveils Energy City Libya, following sites in Qatar, India and Kazakhstan.

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How liquidity can solve the MENA water shortage

The MENA region has quite a thirst but little to quench it. Geography dictates that water in the region is a scarce commodity; more so than in any other region of the world.

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The business hub of the Middle East

Bahrain Financial Harbour is one of the Middle East's most exciting property developments and a natural extension of the kingdom's heritage, the project has been designed to address every single need of the highly diverse international finance sector.

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Rocking the Kasbah

Tipped to be the biggest emerging international market Morocco has much to aspire to. Elspeth Hoare examines the country's current plans for growth, and what's to come.

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Gulf investors launch $2.8bn in new Islamic firms

Gulf Arab consortium aims to set up three Islamic financial firms to tap opportunities.

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Gulf finance turns attention to steel

Gulf Finance House establishes HadeedMENA to exploit regional building boom.

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Oil price drop will not dent Gulf economic boom

Even at $70 a barrel Gulf exporters still booking windfall returns, analysts say.

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US $5bn firm will boost steel supply

Gulf Finance House is establishing a US $5 billion (BHD1.8 billion) steel firm with five partners in an effort to shore up the gap between supply and the increasing demand for steel in the Middle East.

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$5bn Gulf steelmaker planned

Islamic investment bank Gulf Finance behind company to acquire existing, build new plants, mines.

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$5bn steel producer set up

UPDATE 1: Bahrain's Gulf Finance House setting up firm to help meet demand for construction materials.

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Gulf Finance Q2 profit jumps on fees, new projects

Islamic investment bank posts 40% profit rise to $104mn, infrastructure project in Libya cited.

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Bahrain projects further growth

Bahrain claims its financial sector is still on a roll following recent big investments.

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Bahrain's GFH plans $2bn cement firm

Gulf Finance House looking to tap surging demand for material amid real estate boom in Gulf.

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Bahrain calling

Bahrain is fast becoming a regional financial powerhouse, attracting some of the biggest global names.

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The perfect location

Bahrain's property market is currently booming as a clutch of real estate projects reach fruition.

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GFH to build theme parks in China

Bahrain investment bank teams up with US theme park operator Six Flags to tap tourism market.

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Bahrain plans $10bn Kazakh energy investment

Islamic lender Gulf Finance House plans to develop petroleum-related research planton Caspian Sea.

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Banking on oil

Peter Panayiotou, of GFH, says its time to launch a bank aimed directly at the oil and gas business.

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Abu Dhabi rolls out $7bn 'style city' concept

ADIH signs deals to set up style hubs in UAE, Qatar, Morocco, Tunisia and India.

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Energy bank given approval

First Energy Bank hopes to cash in on the global energy sector's expected investment boom.

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Algeria next for Bahrain firm

Gulf Finance House has plans for a US$3bn economic development zone near Algiers.

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GFH plans $3bn Algiers business zone

Bahraini investment bank to launch major economic development zone on outskirts of Algerian capital.

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Gulf Finance to build Libya energy hub

Bahraini Islamic bank to invest $3.8bn to set up economic zone for energy firms operating in country.

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Gulf bank to tap African oil riches

Bahraini Islamic investment bank Gulf Finance House plans to build economic zone for energy firms in Libya.

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At a glance...2007

What a year it has been. Emerging economies continued their rapid growth; oil reached its all-time high at US$100 a barrel; parts of the Middle East experienced - and still experience - great turmoil politically and economically whereas other areas continued to shoot towards prosperity.

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Gulf Finance plans $3bn Tunisia project

Bahraini investment bank to build financial park and real estate development north of Tunis.

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Gulf Finance House invests in India

Gulf Finance House (GFH) is investing over US$ 2 billion in a green field site close to Navi Mumbai, near to the commercial capital's airport.

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Gulf Finance profit boosted by investment income

Bahrain Islamic investment bank reports 44% rise in Q3 net income to $85.34mn.

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Bahrain's GFH raises $630mn for Energy City India

Project will be a business hub for oil and gas industry in western state of Maharashtra.

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GFH chairman revealed

Esam Janahi has been elected as chairman of Gulf Finance House.

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GFH cuts sukuk sale to $200 mn

Bahraini investment bank says it has all the funds it needs to finance regional investments and expansion.

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Gulf duo invests $5 bn in China

Gulf Energy and Bahrain's Gulf Finance House are to develop the Energy City China business district.

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Funding growth

How real estate investment trusts can reap huge dividends for investors in the Middle East.

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GFH prices London listed shares at $2.50

Bahrain's investment bank hopes to raise $276.5 million in London Stock Exchange initial public offering.

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Gulf Finance made $33m from unit sale

Bahrain's Gulf Finance House sold a 30% stake in its wholly-owned Khaleeji Commercial Bank.

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Gulf Finance House eyes $300m sukuk

Bahraini bank has appointed HSBC and Dresdner Kleinwort to arrange the Islamic bond sale.

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Bahrain prioritising its tourism

The kingdom is taking on several projects to boost its tourism appeal and income over the next several years.

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Islamic oil funds launched

Banks in Bahrain and Abu Dhabi set up $150 million worth of crude oil Islamic investment funds.

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Bahrain seeks $395mn for India project

The kingdom's Gulf Finance House is looking to raise the money to fund its Energy City India project.

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GFH Q1 profit climbs 27%

Bahrain's Gulf Finance House (GFH) has reported a profit of US$72.2m for the first quarter of 2007 registering a 27% increase compared to the same period last year.

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Revealed: Gulf's most admired companies

Arabian Business has published its '50 Most Admired' list of regional companies.

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Islamic bank plans London listing

Bahrain's Gulf Finance House is setting up a London office with a view to listing on the local stock exchange.

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Back chat: Esam Janahi

The person many regard as being the driving force behind the growing success of Sharia-compliant financial services explains how the "replication effect" became a winning formula for Gulf Finance House.

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Best in business

Held under the patronage of HH Sheikh Mohammed Bin Zayed Al Nahyan and attended by HH Sheikh Hamed Bin Zayed Al Nahyan at a glittering event at the Emirates Palace in Abu Dhabi, the top achievers of the year were honoured at the Arabian Business Achievement Awards 2006.

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GFH commits $2b to Energy City in India

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Energy City India

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Endless space

Does the region have too much air cargo capacity? Nowhere near enough if planned airport developments are anything to go by.

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$250 Million

That's how much money two Gulf-based investment funds want to invest in New Economy startups. Find out who these companies are, what they're looking for and what their investment goals are.

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"Virtual" Islamic bank to be launched by end of 2000

Gulf Finance House has moved to fill the gap in online, Sharia law-compliant financial services, with the announcement that it is developing a virtual Islamic bank.

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READER COMMENTS

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