Flip through the latest issue of Gulf Weekly.
Bahrain-based Islamic lender Gulf Finance House has posted another, deeper quarterly loss due to investment provisions as the economic downturn hit real estate and infrastructure projects.
GFH's dual-listed shares fell 7.7 per cent on the Kuwait bourse after the bank posted a net loss of $37.7 million in the first quarter following $43 million in provisions taken on investments.
The firm posted a net loss of $10.53 million in the fourth quarter of 2008.
