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GFH acquires 20.67% in Al Siff Real Estate
Gulf Finance House (GFH) announces the signing of two agreements to purchase 20.67% of Sif Real Estate's capital through a subsidiary. The purchase involves millions of shares from the company and the General Social Insurance Organization, contingent upon the approval of Sif Real Estate's Extraordinary General Assembly to waive the mandatory acquisition offer. The company confirms that the transaction is subject to shareholder approval and that it will continue to provide updates to ensure full compliance with regulations.
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