Manama – MENA Herald: GFH Financial Group (“GFH”) conducted a presentation at the Dubai Financial Market (“DFM”) on “GFH Future Prospects” which was attended by the shareholders, investors and the brokers.
GFH Group CEO Mr. Hisham Alrayes and senior management presented the Group’s business strategy, financial performance, latest developments, future prospects and investments potential.
In addition, the Group CEO briefed the audience about GFH’s financial results and comparative performance as well as GFH’s intention to undertake Islamic Financial institution license in Abu Dhabi Global Market (“ADGM”) in partnership with Abu Dhabi Financial Group (“ADFG”). During the event, GFH has confirmed that the process of identifying potential acquisition targets within the regional financial industry is ongoing, and this form part of the group strategy. In this background, investors should remain confident about GFH’s financial performance and potential to deliver consistently strong earnings. Also, GFH has said that its Khaleeji Commercial Bank (“KHCB”) intends to list at the DFM to unlock its market potential, subject to obtaining regulatory approvals in Bahrain.
At the end of the session Mr. Hisham Alrayes, GFH Group CEO has thanked DFM for organizing this session and assisting shareholders and investors of the bank to understand exact financial position of the companies listed in DFM and their prospects.