Wednesday 12, August 2009 by

GFH in $300 million rights issue

Gulf Finance House (GFH) is planning to raise up to $300 million of fresh capital in a rights issue, which it says is “designed to strengthen the balance sheet and enable the bank to engage in a number of high value investment opportunities presented by the global economic downturn.”

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