| 01.06.2011 - Tenth time lucky for Bahrain's Gulf Finance House as it posts a profit |
| Bahrain's Gulf Finance House has reported a $11.9 million profit in the first quarter, reversing nine straight quarters of losses. The rebound could mark a turning point for the Islamic investment bank, one of the hardest-hit companies in the Gulf by the global financial crisis. GFH absorbed more than $1bn of losses before inching back to profitability in the first three months of this year..............................................Full Article: Source |