Sunday, 6 May 2018

Bahrain's GFH Financial hires GIB to seek Saudi listing | ZAWYA MENA Edition

Bahrain's GFH Financial hires GIB to seek Saudi listing | ZAWYA MENA Edition:

"Bahrain-based investment firm GFH Financial Group has hired Gulf International Bank to help it seek a cross-listing on Saudi Arabia's stock market, it said on Sunday.

GFH disclosed plans last year to seek a listing on Saudi Arabia's stock exchange (Tadawul) as part of a strategy to participate in Saudi Arabia's privatisation programme in sectors such as education and healthcare. 

GFH said in a statement on Sunday that the move was subject to the approvals of the Bahrain central bank and Saudi Arabia's Capital Market Authority."



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