GFH Financial Group has announced the outcomes of its ordinary general assembly meetings for the fiscal year ending on December 31, 2025. The meetings took place at GFH House located in the Bahrain Financial Harbour, allowing shareholders to participate via virtual communication channels.
During the ordinary general assembly, shareholders endorsed several key decisions that reflect the group’s robust performance and reinforce its strategic trajectory. They approved the board’s recommendation to distribute a cash dividend of 10.11% of the nominal value for all ordinary shares, excluding treasury shares, amounting to up to $100 million (equivalent to $0.0268 per share or 0.0101 Bahraini Dinar or 0.0984 UAE Dirham), which includes an interim cash distribution of $0.0053 that was paid to shareholders on September 11, 2025.
Shareholders also validated the minutes from the previous ordinary general assembly held on March 20, 2025, and accepted the board’s report on the group’s operations for the fiscal year concluded on December 31, 2025, along with the Shari’ah supervisory report, the external auditors’ report, and the consolidated financial statements for 2025.
Additionally, the shareholders agreed to allocate $14.011 million to the legal reserve, earmark $7 million for the GFH Foundation, and address the zakat obligations on the group’s shares, deferring approximately $19.099 million as retained earnings for the coming year. Other approvals included the decision to allocate $3 million as bonuses for board members, and the endorsement of the governance report along with the group’s compliance with the governance regulations issued by the Ministry of Industry and Commerce and the Central Bank of Bahrain, ensuring transparency regarding any transactions with related parties or major shareholders according to Article 189 of the Bahraini Commercial Companies Law.
Shareholders also consented to a share buyback scheme not exceeding 10% of the total issued shares, aimed at attracting strategic investors, ensuring market liquidity, and supporting the employee stock incentive program, subject to the approval of the Central Bank of Bahrain.
Moreover, shareholders agreed to appoint or reappoint external auditors for the fiscal year concluding December 31, 2026, and authorized the board to determine their fees. They also released board members from liabilities concerning their activities during the fiscal year ending December 31, 2025, and considered any additional matters in line with Article 207 of the Commercial Companies Law.
Commenting on the meeting’s results, Hesham Al Rayes, CEO and board member of GFH Financial Group, stated: “The outcomes of this year’s general assembly reflect the ongoing trust our shareholders have in GFH’s strategy and its path toward sustainable growth. The approval of a generous cash dividend underscores the group’s strong financial performance and its continuous effort to deliver sustainable value to shareholders while we enhance our banking and investment business model and strengthen our presence in regional and global markets.”
Al Rayes added: “We are committed to reinforcing our financial and governance positions, expanding our base of strategic shareholders, and supporting the liquidity of our shares in the markets. The equity-linked incentive programs enable us to attract talent and boost corporate performance. With these initiatives, we look forward to building on our achievements and expanding our investment portfolio in vital sectors to support the group’s growth in the coming years.”
GFH Financial Group manages assets and funds totaling about $24 billion, featuring a global investment portfolio across the Middle East, Europe, and North America, covering sectors such as logistics, healthcare, education, technology, and real estate. The group’s shares are listed on the Bahrain Stock Exchange, the Abu Dhabi Securities Exchange, the Kuwait Stock Exchange, and the Dubai Financial Market.