GFH intends to cross list shares in Tadawul

Dubai

Gulf Finance House said on Wednesday that it intends to cross list the shares on Saudi Stock Exchange and has initiated discussion with the regulator, in addition to a listing in Dubai Financial Market and Bahrain bourse.

“GFH is in the process of seeking CBB’s (Central Bank of Bahrain) prior approval to cross‐list in order to be one of the first companies to be cross‐listed on Tadawul once the framework is finalised,” GFH said in a statement posted on Dubai Financial Market’s website.

GFH shares rose 5.45 per cent to be at Dh1.74 in a firm Dubai market.