GFH invests in AMA Group

Dubai  : GFH Capital, a subsidiary of Bahrain based GFH Financial Group, yesterday announced an investment in AMA Group for its growing operations in Bahrain and beyond. The investment will be in the form of a Shari’a compliant convertible Murabaha facility.

The AMA Group manages the largest network of educational institutions across Asia. The group also has various other business interests ranging from information technology, banking, real estate and agriculture. In Bahrain, the group operates an International University, an International School and a Training Institute. 

Commenting on the deal, Hisham Alrayes, the Managing Director of GFH Capital, said, “In addition to supporting GFH’s ongoing efforts to develop strong income yielding opportunities for our shareholders and investors within the GCC region and in partner nations, we are also committed to investing in sectors that support growth and sustainable development in the region with education being a key focus.”

Dr. Amable R. Aguiluz V, the Special Envoy of the Philippine President to the GCC and the Founder-Owner of AMA, commented, “We are confident that with GFH’s support, resources and networks, we will succeed in further raising the bar and our capacity to serve an ever growing clientele from both within Bahrain and the broader GCC and MENA regions, as well as the Philippines.”