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Biz Bahrain
22-05-2025
- Business
- Biz Bahrain
GFH Launches Next Generation of Conversational AI Assistant
GFH Financial Group (GFH) recently announced the launch of the next generation of its investment app with the release of a conversational voice feature for its AI-powered assistant, the GFH AI Assistant, becoming the first investment bank in the region to roll out a fully voice-operated conversational AI assistant, enabling users to manage their investments simply by speaking to the app. The initiative comes within GFH's constant strive to embrace cutting-edge financial technologies and industry-leading security measures, ensuring clients enjoy a seamless and highly protected investment journey, from registration and onboarding to real-time portfolio management. The enhanced AI assistant is powered by OpenAI and offers instant intelligent responses, creating a highly intuitive and responsive user experience, and offering an all-in-one fully digital investment experience. The launch of the upgraded AI assistant builds on the Group's ongoing digital transformation strategy and further enhances its position as one of the leading investment banks in the GCC region, where it was recently honoured with two prestigious regional awards for leadership in digital banking and fintech solutions Commenting on the occasion, Mr. Osama Nasr, Chief Digital Banking Officer of GFH, said: 'We are delighted to introduce the next generation of the GFH AI Assistant — the first voice-enabled AI assistant of its kind among investment banks in the GCC. This enhanced version allows users to engage in natural, hands-free conversations to check their portfolio performance, inquire about expected returns, or explore new investment opportunities – anytime, anywhere. We're excited for our clients to experience the future of intelligent investing with the GFH AI Assistant.' He added: 'Our goal is to lead the region in digital innovation by bringing the future of investing into our clients' hands today. With this new conversational AI feature, we're removing barriers and making digital investing as simple and intuitive as having a conversation. It's about creating a more connected and effortless experience for our investors – in line with our commitment to delivering solutions that align with their needs and how they choose to engage with their finances.' Additionally, investors can access the GFH Wakala Account through the app, offering expected monthly returns of up to 7% per annum with monthly profit distribution exclusively available to individual investors. The app also supports a wide range of secure payment methods, including cryptocurrency, providing users with maximum flexibility in how they invest. The upgraded GFH AI Assistant is now available through the updated GFH app, downloadable via the Apple App Store or Google Play Store, and it is open to all GCC nationals and residents.


Zawya
21-05-2025
- Business
- Zawya
GFH launches next generation of conversational AI assistant
Manama, Bahrain – GFH Financial Group ('GFH' or 'the Group') recently announced the launch of the next generation of its investment app with the release of a conversational voice feature for its AI-powered assistant, the GFH AI Assistant, becoming the first investment bank in the region to roll out a fully voice-operated conversational AI assistant, enabling users to manage their investments simply by speaking to the app. The initiative comes within GFH's constant strive to embrace cutting-edge financial technologies and industry-leading security measures, ensuring clients enjoy a seamless and highly protected investment journey, from registration and onboarding to real-time portfolio management. The enhanced AI assistant is powered by OpenAI and offers instant intelligent responses, creating a highly intuitive and responsive user experience, and offering an all-in-one fully digital investment experience. The launch of the upgraded AI assistant builds on the Group's ongoing digital transformation strategy and further enhances its position as one of the leading investment banks in the GCC region, where it was recently honoured with two prestigious regional awards for leadership in digital banking and fintech solutions Commenting on the occasion, Mr. Osama Nasr, Chief Digital Banking Officer of GFH, said: 'We are delighted to introduce the next generation of the GFH AI Assistant — the first voice-enabled AI assistant of its kind among investment banks in the GCC. This enhanced version allows users to engage in natural, hands-free conversations to check their portfolio performance, inquire about expected returns, or explore new investment opportunities - anytime, anywhere. We're excited for our clients to experience the future of intelligent investing with the GFH AI Assistant.' He added: 'Our goal is to lead the region in digital innovation by bringing the future of investing into our clients' hands today. With this new conversational AI feature, we're removing barriers and making digital investing as simple and intuitive as having a conversation. It's about creating a more connected and effortless experience for our investors – in line with our commitment to delivering solutions that align with their needs and how they choose to engage with their finances.' Additionally, investors can access the GFH Wakala Account through the app, offering expected monthly returns of up to 7% per annum with monthly profit distribution exclusively available to individual investors. The app also supports a wide range of secure payment methods, including cryptocurrency, providing users with maximum flexibility in how they invest. The upgraded GFH AI Assistant is now available through the updated GFH app, downloadable via the Apple App Store or Google Play Store, and it is open to all GCC nationals and residents. About GFH Financial Group B.S.C. GFH Financial Group, licensed as an Islamic wholesale bank by the Central Bank of Bahrain and headquartered at GFH House, P.O. Box 10006, Manama Sea Front, Kingdom of Bahrain is one of the most recognised financial groups in the Gulf region. Its businesses include Investment Management, Treasury & Proprietary Investments, Commercial Banking and Real Estate Development. The Group's operations are principally focused across the GCC, North Africa and India, along with strategic investments in the U.S., Europe and U.K. GFH is listed on four stock exchanges in the GCC, including the Bahrain Bourse, Boursa Kuwait, Abu Dhabi Securities Exchange (ADX) and Dubai Financial Market (DFM) where it is one of the most liquid and actively traded stocks. For more information, please visit About Wakala Investments Wakala is an agency contract, where the account holder (principal) appoints GFH (agent) to carry out investment activities on its behalf. Investments in Wakala are subject to risks, and returns are not guaranteed. This communication is for informational purposes only and does not constitute an offer, solicitation or recommendation to subscribe for or purchase any investment product in any jurisdiction where such an offer or solicitation would be prohibited by applicable laws or regulations. Prospective investors should conduct their own due diligence and, if in doubt, seek independent legal, tax and financial advice before making any investment decision. GFH Financial Group Nawal Al Naji Senior Manager - Corporate Communications Email: Nalnaji@

Associated Press
10-05-2025
- Business
- Associated Press
GFH RECEIVES TWO PRESTIGIOUS REGIONAL AWARDS FOR ITS LEADERSHIP IN DIGITAL BANKING AND FINTECH SOLUTIONS
, Bahrain, May 10, 2025 -- Bahrain and the Best Islamic Fintech Solutions Implementation. The ceremony was held on May 8, 2025, at Burj Khalifa, where Mr. Osama Nasr, Group Chief Digital Banking Officer of GFH, received the awards on behalf of the Group, in the presence of senior officials from GFH and industry leaders from across the region. The awards come in recognition of GFH's innovation and leadership in the digital banking space, particularly within the Islamic finance sector. This dual honour underscores GFH's commitment to leveraging technology to enhance customer experience and deliver cutting-edge, Shariah-compliant financial solutions across the Kingdom of Bahrain and the wider region. A significant driver of this recognition is the innovative GFH Investment App, which is powered by advanced Open AI technology and simplifies access to GFH's suite of Shariah-compliant investment products, including the recently announced GFH Wakala Account. This mobile platform enables investors across the GCC to seamlessly participate in GFH's thematically diversified range of investments. It provides users with a fully digital and hassle-free experience that covers every step of the investment journey, from registration to payment – eliminating the need for in-person visits and ensuring convenience and efficiency. Accessible through the GFH Investment App, the GFH Wakala Account offers competitive expected profit rates across various tenors, including 7% per annum for one-month and 6.50% per annum for three, six, nine, and twelve-month options – all with monthly profit distribution. This initiative exemplifies GFH's dedication to digitising traditional financial processes, expanding access to high-quality investment opportunities, and aligning with clients' evolving needs and aspirations. Commenting on the occasion, Mr. Osama Nasr, Group Chief Digital Banking Officer of GFH, stated: 'We are honoured to receive these two prestigious awards. This recognition from the MEA Finance Banking Technology Awards is a testament to GFH's unwavering commitment to leading the way in digital innovation within the Islamic finance sector. It underscores our dedication to enhancing the financial landscape through cutting-edge technology and providing our clients with seamless, secure and Shariah-compliant digital banking experiences that truly meet their evolving needs.' He added: 'These awards are a powerful affirmation of our strategic vision and the hard work of our dedicated teams. They motivate us to continue pushing the boundaries of what's possible in digital Islamic finance, ensuring GFH remains at the forefront of technological advancement and client-centric solutions in the region.' The GFH Investment App is available to download from the Apple App Store or Google Play Store, and registration is open to nationals and residents across the GCC. -Ends- About GFH Financial Group B.S.C. GFH Financial Group, licensed as an Islamic wholesale bank by the Central Bank of Bahrain and headquartered at GFH House, P.O. Box 10006, Manama Sea Front, Kingdom of Bahrain is one of the most recognised financial groups in the Gulf region. Its businesses include Investment Management, Treasury & Proprietary Investments, Commercial Banking and Real Estate Development. The Group's operations are principally focused across the GCC, North Africa and India, along with strategic investments in the U.S., Europe and U.K. GFH is listed on four stock exchanges in the GCC, including the Bahrain Bourse, Boursa Kuwait, Abu Dhabi Securities Exchange (ADX) and Dubai Financial Market (DFM) where it is one of the most liquid and actively traded stocks. For more information, please visit About Wakala Investments Wakala is an agency contract, where the account holder (principal) appoints GFH (agent) to carry out investment activities on its behalf. Investments in Wakala are subject to risks, and returns are not guaranteed. This communication is for informational purposes only and does not constitute an offer, solicitation or recommendation to subscribe for or purchase any investment product in any jurisdiction where such an offer or solicitation would be prohibited by applicable laws or regulations. Prospective investors should conduct their own due diligence and, if in doubt, seek independent legal, tax and financial advice before making any investment decision. Contact Info: Name: Nawal Al Naji Email: Send Email Organization: GFH Financial Group Phone: +97317538538 Website: Release ID: 89159672 If there are any problems, discrepancies, or queries related to the content presented in this press release, we kindly ask that you notify us immediately at [email protected] (it is important to note that this email is the authorized channel for such matters, sending multiple emails to multiple addresses does not necessarily help expedite your request). Our responsive team will be available round-the-clock to address your concerns within 8 hours and take necessary actions to rectify any identified issues or support you with press release takedowns. Ensuring accurate and trustworthy information is our unwavering commitment.


Sharjah 24
23-02-2025
- General
- Sharjah 24
Sharjah Education Summit kicks off with more than 250 activities
Osama Nasr stated that SEA is organising the 4th edition of Sharjah International Summit on Improvement in Education, held under the slogan "Unlocking the Potential", with the participation of 170 speakers from 30 countries, presenting more than 250 activities, including workshops, seminars, and sessions, expressing the essence of their experiences and creative ideas to contribute to the advancement and development of education in various fields. Nasr added that the summit is held under the generous patronage of His Highness Sheikh Dr. Sultan bin Mohammed Al Qasimi, Supreme Council Member and Ruler of Sharjah, and reviews successful initiatives and programmes and adopts best educational practices. Speaking exclusively to 'Sharjah 24', Osama Nasr explained that the summit was distinguished by a large turnout of academics, teachers, educators and specialists in the field of education, with attendance reaching 3,000 participants. He added that sessions and workshops were broadcast on the different electronic platforms of the Academy's website, and the number of followers is expected to exceed 8,000 people from different countries of the world.