Gulf Finance House Group of Companies to showcase infrastructure projects, unveil new investment opportunities

Announcing its participation, GFH officials said showcasing all its major brands under one umbrella at the exhibition starting September 17 2005 at Dubai International Exhibition and Conference Centre (DIECC) was in line with its strategy to play a leading role in the region's infrastructure development and Islamic finance and banking.

Commenting on the participation at Cityscape 2005, Mr. Esam Janahi, Chief Executive Officer of GFH said: "GFH with assets of over US$ 8billion promotes innovative real estate concepts that will shape the future of key economic sectors across the region. Our presence at Cityscape 2005 will highlight our strength and reach across the region through innovative projects and Shari'a-compliant investment instruments."

Some of GFH's large infrastructure projects to be showcased at the 3-day Cityscape 2005 include US$3.8 billion Legends in Dubailand, the US$1.3 billion Bahrain Financial Harbour (BFH), US$1billion Royal Metropolis, which includes Jordan Gate and Royal Village and US$750 million Al Areen development, among others.

"These projects are milestone developments that support industries identified as national priority by regional governments. GFH will use Cityscape as a platform to present its distinctive offerings and interact with regional and international investors. It will keep investors posted on strategic initiatives, financing modalities and future projections," he said.

During Cityscape 2005, GFH will also make key announcements related to GFH infrastructure projects.

"One of the aims in participating at Cityscape 2005 is to communicate to a larger investor audience the long-term potential of our projects in generating high-value returns. Our investment philosophy is to maximise shareholder and investor returns and the exhibition will allow us to present all our brands in our investment portfolio under one roof," Mr. Janahi said.

Besides its landmark projects, other brands in the GFH Group at Cityscape 2005 will include its wholly-owned commercial banking subsidiary, GFH Commercial Bank, Gazules Del Sol - its residential offering in Spain, Al Khaleej Development Co. B.S.C, the real estate development, investment, advisory and project management company and Gulf Holding Company., a company jointly sponsored by Gulf Finance House and Kuwait-based Bayan Investment Co. K.S.C.C to develop various Bahrain-based real-estate opportunities.