GFH appoints Bahrain’s GIB to discuss Tadawul listing

06/05/2018 Argaam

 

Bahrain-based GFH Financial Group on Sunday said it has assigned Gulf International Bank (GIB) to start communication with Saudi Stock Exchange (Tadawul) for with regard to its plans to cross-list in Saudi Arabia.

 

The move to list shares on Tadawul subject to approvals from the Central Bank of Bahrain and Capital Market Authority, Saudi Arabia, GFH said in a bourse statement.

 

Earlier, the firm had said it aims to cross-list in Saudi Arabia by the fourth quarter of this year, or the first quarter of 2019.

 

GFH is already listed in Bahrain and Dubai.

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