Bahrain-based GFH Financial Group (GFH) said that the targeted cross listing of its shares on the Abu Dhabi Securities Exchange (ADX) is expected to take place in May 2022 subject to the final regulatory approvals.
Bahrain-based GFH Financial Group (GFH) said that the targeted cross listing of its shares on the Abu Dhabi Securities Exchange (ADX) is expected to take place in May 2022 subject to the final regulatory approvals.
GFH, a financial group with interests in key sectors such as asset management and real estate, is set to distribute $60 million dividends for 2021, which includes cash profits for ordinary shares, save for treasury shares at 4.57% of the nominal value.
Touted to be the first Green sukuk issued by a Bahraini entity, Infracorp has announced the issuance of a $900 million sukuk on the London Stock Exchange. Chairman of Infracorp, Hisham Alrayes, said the funds will be used to speed up infrastructure development across the Gulf, North Africa and South Asian regions. “With green sukuks growing by more than 17 percent year-on-year