Gulf Finance House reaches Wakala Facility restructuring deal

Gulf Finance House (GFH) has successfully restructured the remaining debt on a syndicated Wakala facility amounting to $100 million led by Bahrain-based Liquidity Management Centre (LMC). GFH has already paid $55 million and now has restructured the remainder.

This content is available to registered users only.
Please click here to register/login.

Features & Analyses

Economics IMF updates on Iraq economy

Recent macroeconomic developments have been broadly positive in Iraq. Economic growth in Iraq reached 8.4 per cent in 2012 and… read more

Islamic Finance Barclays upbeat about Qatari banking sector
Investments Global accountants stick to plans for leases on balance sheets
Investment Banking Obligations and responsibilities of investment managers under draft SCA…
SME Finance Family businesses at the forefront of Middle East’s growth
see all archive