Economy Local February 17, 2025

GFH Financial Group Disclosure to Dubai Financial Market

GFH Financial Group has announced significant updates in a disclosure to the Dubai Financial Market, impacting investors and stakeholders in the region.


GFH Financial Group Disclosure to Dubai Financial Market

The Aramex company confirmed negotiations with JFH Financial Group regarding a possible acquisition of shares in the latter's capital. At this moment, the parties continue discussions for a final resolution on this issue.

The statement from Aramex was made in accordance with the obligations of category A++ for placing paper in the market. The company also noted that in the event of a deal, this could affect their financial position in the future.

"We are always striving to expand our business and explore new growth opportunities. Therefore, we are considering various options, including the acquisition of shares in JFH Financial Group," said the representative of Aramex.

JFH Financial Group also confirmed the ongoing negotiations, noting that they will continue to work with Aramex to achieve a mutually beneficial agreement.