THE MIDDLE EAST’S
Top 30 Asset Management
Companies 2022
16. GFH Financial Group
GFH Financial Group specializes in investment, treasury, and asset management, real estate development, and commercial banking. The firm recorded revenues of $368.5 million and assets and assets under management worth $15 billion in 2021. GFH is listed on four main markets in the GCC: the Bahrain Bourse, Boursa Kuwait, the Dubai Financial Market,and Abu Dhabi Securities Exchange.In January 2022, the firm launched a new subsidiary, Infracorp, to manage its $3 billion infrastructure and real estate assets portfolio. Since the start of 2022, GFH has acted as an arranger or advisor on nearly $1.5 billion of sukuk issuances, including Infracorp’s perpetual sukuk as well as Dar Al Arkan’s $400 million sukuk issuance.