GFH eyes listing in Saudi Arabia next year: CEO

26/10/2022 Argaam

GFH eyes listing in Saudi Arabia next year: CEO

Hisham Alrayes, CEO of GFH Financial Group 

GFH Financial Group is planning to list shares on the Saudi market next year, if the group’s new disclosure system is accepted in the Kingdom, CEO Hisham Alrayes told CNBC Arabia. 

 

GFH currently focuses on healthcare, student accommodation and logistics services sectors, he said, adding that the group sits on $3 billion of cash. 

 

Alrayes noted that the group expects an investment return of up to 12% from its US portfolio, after acquiring a portfolio of clinics for nearly $400 million. 

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