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GFH CEO: Aim to List Healian in Saudi Over 12-18 months
Bloomberg
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⚡ Quantum Brief
Bahrain-based GFH Financial Group reported a full-year gross profit of $719 million, an 8.1% year-over-year increase, alongside an 18% rise in net profit for shareholders.
CEO Hisham Alrayes announced plans to list Healian, GFH’s healthcare subsidiary, on the Saudi stock exchange within 12–18 months, aligning with regional expansion goals.
The firm is accelerating digitization initiatives across its portfolio, though specific technologies or quantum-related applications were not detailed in the discussion.
Alrayes highlighted the listing as part of GFH’s broader strategy to unlock value in its healthcare sector, leveraging Saudi Arabia’s growing capital markets.
The interview underscored GFH’s financial growth while emphasizing strategic shifts toward high-potential sectors like healthcare and digital transformation.
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Source: Bloomberg
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