MANAMA, Feb. 15 -- GFH Financial Group B.S.C (GFH) has reported net profit, attributable to shareholders, of US$118.50 million for the 2024 full year compared with US$102.86 million in 2023, an increase of 15.21%.

In line with the Group's results, the Board of Directors has recommended a total cash dividend of US$55 million, equivalent to 5.5% on par value (US$0.0146 per share excluding treasury shares), subject to approval by the General Assembly and regulators.

Currently, GFH manages close to US$22 billion of assets and funds including a global portfolio of investments in logistics, healthcare, education and technology in the MENA region, Europe and North America.

GFH Group announced its financial results for the fourth quarter and f...