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Tuesday, November 10 - 2009

Esam Janahi receives honorary doctorate from Geneva School of Diplomacy and International Relations

Gulf Finance House Chairman Esam Janahi was awarded an honorary doctorate degree from Geneva School of Diplomacy and International Relations during a recent ceremony on the school's campus.

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  • Gulf Finance House Chairman Esam Janahi.
    Gulf Finance House Chairman Esam Janahi.
Mr. Janahi was recognized for his contribution towards accelerating economic growth in emerging economies through projects that attract billions of dollars in foreign investment. These initiatives enhance the lives of the citizens of these countries through the creation of sustainable employment opportunities. The long-term implications of his efforts are enormous in terms of helping these countries capitalize on their own natural resources.

Some of his projects have included "Financial Harbours" and "Energy Cities," both of which are aimed at creating the infrastructure needed to consolidate the financial and oil and gas industries in their respective countries.

The Geneva School of Diplomacy and International Relations is a well respected institution of higher learning that specializes in preparing students for careers in statecraft, finance and related fields.

In accepting the doctorate, Mr. Janahi said, "We live in a world today where pressing issues such as the environment, population growth and political stability can only truly be tackled by a cross-border response of enlightened and energized nations."

He also indicated that companies had to look to their Corporate Social Responsibility programs to see their roles as more than revenue generators, as more than employers, as even more than good corporate citizens.

"I'm talking about companies fully understanding the long-term needs of the regions in which they do business and then tackling those needs in very commercial and sustainable ways.
He cited projects in Bahrain, Qatar, Kazakhstan, Tunisia and Mumbai as examples of initiatives that bring with them optimism, confidence and opportunities for growth and prosperity.
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About Gulf Finance House
Founded in 1999, Gulf Finance House has grown rapidly to become one of the most respected investment banks in the Middle East region in terms of the quality and innovation of its product offerings. Over an eight-year period Gulf Finance House has successfully launched economic infrastructure development projects and investments with an aggregate end value exceeding $12bn and received numerous awards for its innovative approach to Islamic banking and finance. Its shares are actively traded on the London Stock Exchange (GDR), the Kuwait Stock Exchange, the Bahrain Stock Exchange and the Dubai Financial Market. 2007 was the most successful year in the banks' history, closing with a net profit of $340m, an increase of 61% compared to the previous year.

Reflecting its international reputation, Gulf Finance House has won numerous local and international awards, such as "Best Investment Bank" for three years in a row in 2005, 2006 and 2007, awarded by The Banker Middle East, "Bank of the Year 2006" awarded by the Arabian Business Magazine and "Best Islamic Real Estate Finance House" awarded by Euromoney.

For further details contact:
Maheen Ali
Public Relations
Hill & Knowlton
Manama, Kingdom of Bahrain
Tel: +973 17 533532,
Fax: +973 17 533370

Safiya Khonji
Corporate Communications
Gulf Finance House
Tel: +973 17 538538 (Ext 437),
Fax: +973 17 530475

Ben Franz-Marwick
Investor Relations
Gulf Finance House
Tel: +973 17 538538 (Ext 601),
Fax: +973 17 530475

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