GFH Bank B.S.C. (“GFH” or “the Bank”) is pleased to announce the signing of a strategic Memorandum of Understanding (“MoU”) with OCTO Management Consultancies (“OCTO”) to collaborate on the development of a US$300 million logistics and industrial real estate platform across the Kingdom of Saudi Arabia and the United Arab Emirates.
We would like to note that the information provided does not have a material impact on the Bank at this time.
For further details please refer to the attached release.