GFH
GFH
-0.89%
1.11
-0.01
GFH
Bahrain - based Gulf Finance House revealed that the recent agreement it has established with DubaiLand is about the acquisition of a plot of 1.2 million sq., at a total value of $ 30 million said, bourse statement.
GFH noted that the development of the land will take place over 5 years and work is expected to commence in 6 months’ time.
The deal is expected to have positive impact on the financial results of 2014, GFH added.
GFH noted that the development of the land will take place over 5 years and work is expected to commence in 6 months’ time.
The deal is expected to have positive impact on the financial results of 2014, GFH added.
Source:
Mubasher