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Board of Directors


Esam Al Rifai

Esam leads the administration and legal departments at National Real Estate Company (NREC), a publicly listed real estate and investment company with a presence in the Middle East and Africa. He is also the Director of Government Relations and Director of Kuwait Free Zone in NREC and the General Secretary of the Arbitration of Kuwait Free Zone. His distinguished career includes leadership roles in the Kuwait Ministry of Justice, and as a trained lawyer, the Director of Administration and Legal at Masaleh Real Estate Company.

Vice Chairman

Salah Sharif

A key player in the strategic management of the Group’s core operational functions, Salah Sharif, Chief Operating Officer of GFH, is also responsible for ensuring the highest standards of operational excellence across the Group and its Special Purpose Vehicles and Project Companies. He has more than 30 years of regional and international exposure to conventional and Islamic banking and finance, with experience across commercial and wholesale banking and in industrial and infrastructure advisory sectors. In addition to his executive role at the Group, Salah also serves on a number of investee company boards. He is the Chairman of Falcon Cement Company, Vice Chairman of Infracorp, and a Board Member of Khaleeji Commercial Bank, GBCorp and CapCorp.

Prior to his current role in GFH, Salah was seconded as the CEO of Cemena Holding Company (CHC), an industrial subsidiary of the Group, one of the largest cement holding companies in the MENA region. Previously, he held a number of senior roles in leading, global financial institutions, including American Express and Standard Chartered Bank where he held key executive positions.

Salah holds an MBA from the University of South Wales, UK. And most recently, he completed the Senior Executive Leadership Program offered by Harvard Business School, Boston, USA.

Executive Board Member

Majed Abdulla Al-Khan

Majed AI Khan brings to GHC extensive real estate investment and development experience and is an expert financial engineer of Real Estate and Private Equity products with more than 1 million square meter of completed flagship developments under his leadership. Prior to GHC, Majed held senior positions in HSBC Middle East, Capivest Bahrain and Inovest Bahrain (formerly Tameer). Majed has been actively involved in finding and managing a number of prominent real estate ventures in the region, including Tala Island (Bahrain), Falcon Cement B.S.C (c) (Bahrain), Jawad International Fashion B.S.C (c) (Bahrain), Reef Financing Company B.S.C (c) (Bahrain), , Bahrain Investment Wharf (Bahrain), Tamcon Contracting (Bahrain).

Since joining the group Majed assisted in enhancing the financial, legal and investment position of GHC through restructuring the company’s debt portfolio of USD250 million, negotiating legal settlements exceeding USD150 million and achieving milestone exits of the companies nonperforming assets.

Board Member

Sattam Al Gosaibi

Sattam Al Gosaibi is a knowledgeable banker who brings to the table over two decades of experience in the Islamic Banking industry. He is the Chief Executive Officer of Khaleeji Commercial Bank and prior to this was the Chief Executive Officer for Bahrain Development Bank Group. He is the Chairman of the Executive Committee of Seef Properties B.S.C. (c), Board Member of Binaa Al Bahrain BSC, Board Member of Lama Real Estate WLL, Board Member of Gulf Real Estate Company and Vice Chairman of Capital Real Estate Company

Board Member

Dr. Nasr Gaafar Salama

Dr. Nasr is a legal industry veteran with over 29 years of extensive experience in Egyptian and GCC commercial and civil law, company law, intellectual property law and investment laws. He is also an expert in drafting all types of commercial, contracting and franchise contracts. Dr. Nasr is the manager and owner of the Law & Legal Advisory Services Centre in Egypt, and Legal Advisor to Al Shaya Group of Companies, Kuwait and Egypt, Madi International Group, Dar Al Shifa Hospital, Kuwait, Silver Star Company, Kuwait and Lebanon, Al Shaya Marine, Kuwait, GFH Financial Group, Bahrain, and several other companies in the GCC region.

Dr. Nasr is a registered lawyer with the Cessation Court and the Supreme Administrative Court in Egypt, a member of the Arab Lawyers Association, the GCC Commercial Arbitration Centre, the Supreme Arab Human Rights Activists Council and the Egyptian Judges’ Club as an international arbitration consultant.

Dr. Nasr is an international accredited arbitrator "Consultant in International Arbitration” / International Association for Arbitration and Legal Studies, a member of the Gulf International Federation of Arbitration, accredited arbitrator in the Commercial Arbitration Center for the GCC States (Ahmed Najm Center / Bahrain) in the Commercial Arbitration Center for the GCC states/ Bahrain and an accredited international arbitrator in the Arbitration Committee of Rawafed Arbitration Center/ Kingdom of Saudi Arabia.

He holds a Bachelor of Laws from Cairo University (1989), a PhD (professional) in International Commercial Law from the University of Cambridge (UK, 2012), an Advanced diploma in contracts and Islamic commercial jurisprudence from the Bahrain Institute for Banking and Financial Studies (BIBF, 2020).

Board Member

Talal Al-Mahroos

Talal Al-Mahroos is an expert investment banker with over 17 years of experience in investments, banking and finance. He is the Senior Executive Director – Head of Infrastructure Investments at GFH Financial Group where he sources, develops, structures, plans, sponsors and executes complex offshore Real Estate asset investments for the Group. He also holds various representations on the boards of some companies, such as Balexco, Falcon Cement Company, Naseej and Capital Real Estate Projects Company. Alongside his position at GFH, he is also the Acting CEO of GFH Properties (subsidiary of GFH Financial Group), since January 2021.

Prior to his appointment with GFH, Talal was the AGM – Head of Investment Banking at Khaleeji Commercial Bank where he was actively involved in driving the bank’s investment and corporate strategy, and previous to this worked with The Arab Investment Company and Ahli United Bank.

Board Member

Mohamed Ahmed Buhajeeh

Mr. Buhajeeh is serving as the Acting CEO of GBCORP B.S.C. (c) since August 2020 in addition to holding the position of Chief Administrative Officer since June 2016, along with sitting on the Board of some of the investee companies of GBCORP B.S.C. (c) Mr. Buhajeeh has an overall banking experience of around 20 years and has worked with some prominent financial institutions in Bahrain including Arcapita and Kuwait Finance House with focus on Islamic Banking, Corporate Banking, and Project Finance.

Mr. Buhajeeh holds Master of Business Administration from Canisius College, USA and Bachelor of Science from USA along with Advance Diploma in Islamic Banking from BIBF.

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Gulf Holding Company is a premier real estate investment and development company with a portfolio of real estate assets and leading regional companies that manage some of the most prestigious projects in the MENA region.


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