DUBAI, UAE: The Board of Commissioners of the Saudi Arabia’s Capital Market Authority (CMA) has authorized GFH Capital, a fully owned subsidiary of GFH Financial Group, to conduct ‘arranging and advisory’ business activities in the Kingdom of Saudi Arabia.[the_ad id=”31605″]“GFH Financial Group (“The Group”) would like to announce to its shareholders and the markets that the Board of Commissioners of the Saudi Arabia’s Capital Market Authority has issued its resolution to authorize GFH Capital S.A., a fully owned subsidiary of the Group, to conduct ‘Arranging and Advisory’ business activities in the Kingdom of Saudi Arabia,” a notice issued to Dubai Financial Market (DFM) noted.
GFH is a well renowned financial group in the GCC region, with a diversified offering and pioneering track record. Headquartered in Bahrain, GFH’s innovative approach to Islamic investment banking services has been recognised internationally for over a decade. GFH has developed a strong and consistent ability to identify, successfully bring to market and capitalise on a wide range of solid investment opportunities in some of the world’s most dynamic markets and sectors.