Dubai: GFH Financial Group today announced that it has distributed $53 million to its funds’ investors who currently have underlying investments in Bahrain, the UAE, the US and India.
Based on its revised strategy, GFH has over the last 18 months invested in projects which provide steady cash yields for its investors.
Hisham Al Rayes, Chief Executive Officer of the Group, said, “With these cash distributions we were able to fulfil our promise to our investors which confirms the flexibility and the efficiency of the Group’s strategy. During the year we have also invested in an operating mall in Jeddah and another British curriculum school in Dubai, dividends for which will flow to investors from next year. We will continue to look for promising investment opportunities which are expected to provide the Group and our co-investors with high cash yields and double digit total returns.”
