Heba Mohsen
GFH investments in Saudi Arabia exceeds 3 billion riyals
The CEO of the GFH Group, Hisham Al -Rayes, revealed that the group’s investments in the Kingdom of Saudi Arabia exceed 3 billion Saudi riyals, including the sectors of education, health, logistics, and technology, which represent the axis of the group’s investments in Saudi Arabia and the Gulf region in general, and therefore funding in these sectors is one of the foundations of the group’s strategy in global markets, indicating at the same time that Bahrain and the Gulf region in general have become among the most attractive economies of the world For investment.
“The group has large investments in schools, universities, students housing, hospitals in America and the Gulf region, especially in the southern Kingdom of Saudi Arabia,” Al -Rayes said, in statements during the General Assembly of the GFH Group. He added that «the group also focuses on investing in vital hospitals in Saudi Arabia and the UAE, which reflects its commitment to developing the health sector in the region.
He continued that «the Kingdom of Saudi Arabia and the Gulf region are among the most attractive global economies for investment, thanks to the clear legislation and laws that enhance the investment environment, in addition to the political leadership’s interest in stimulating the local economy», stressing that “all Gulf countries seek to enhance the investments of external investors, which reflects the future trends to increase economic cooperation.”
With regard to investments in the health sector, Al -Rayes explained that «the group invested about 2 billion Saudi riyals in the health care sector, which indicates the great commitment by GFH in strengthening this vital sector, and the group also runs an investment portfolio of 700 million Saudi riyals in the education sector in Saudi Arabia and the Gulf region, with a focus on schools and educational institutions.
As for real estate investments, Al -Rayes stated that “Infrakorp (one of the group’s companies) is holding talks with GFH Capital on an important project in Riyadh, which is expected to have a positive impact on the Saudi real estate sector.”
And he added that “the group is in the process of studying new investment opportunities in the real estate sector, as Infrakorp previously invested in the” California Residence “project in Dubai, which has achieved great returns.
The CEO of the GFH Group explained that “the inclusion of the GFH Group in the Saudi market does not face any major obstacles at the present time,” noting that “the group took all the necessary steps for this matter, as a manager was appointed for listing and all necessary requests were submitted to the concerned authorities in the Kingdom of Saudi Arabia.”
Al -Rayes stressed that “there is a great interest from the Saudi authorities and the Gulf region in general to include the group,” noting that “many institutions are studying the applications submitted.”
He expressed “Amal GFH to obtain approvals soon, and if there are any notes or amendments required by the concerned authorities, the group will be ready to amend matters and move forward in the listing process.”
In response to questions from journalists about political and economic developments in the United States of America, Al -Rayes explained that “the GFH group adopts a wise strategic vision to keep pace with these changes and challenges”, stressing that “the focus on strengthening the American economy by increasing investments in industry and development is a positive thing in the long run, although there are some fluctuations and challenges that may appear in the near future.”
He added: “We realize that short -term fluctuations may be part of the transitional phase, but at the average and long level, it is expected that there will be a strong reflection on the American market, which will contribute to enhancing its stability and growth.”
“These expectations are in line with the group’s strategy that focuses on major markets such as the United States of America, which is one of the vital markets that GFH focuses on.”
He pointed out that «the group continues to enhance its presence in the United States through continuous investment in vital sectors such as health, education, technology, and logistics. With this investment, GFH hopes to keep pace with the current challenges and overcome economic and political fluctuations, which will contribute to achieving sustainable growth in the future.
Al -Rayes stated that through this vision, GFH is sure of its ability to take advantage of future opportunities in the American market despite the fluctuations, which enhances its position as a long -term investor in the American market.
On the European market, the CEO of the GFH Group said, “The group has investments in Europe, especially in the logistics sector. He explained that GFH had previously owned one of the main shares in a London’s investment portfolio to manage logistical assets.
Al -Rayes added that «the group has witnessed an unexpected boom or growth in Europe recently, which reflects a positive development in this market, however, in terms of market power, growth rates and future expectations, there is no real competitor to American and Saudi markets.
