Tunisia: GFH would like to pass “Financial Port” to another investor

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    The Bahraini Gulf Finance House (GFH) would seek to get rid of its Tunisian project, the Tunis Financial Harbor, which was to be one of the largest Bahraini investment in Tunisia, worth 7.5 billion USD.

    The project was to initially designed to make Tunisia a regional financial hub, but eventually turned into a simple real estate program.

    Confirmation has been made of this second Bahraini turnaround by an official source close to the file in Tunisia and which requested anonymity.

    According to our sources, GFH is currently seeking, as it would be entitled under the contract with the Tunisian authorities of the former regime, to pass the hand and to pass the project on to another investor. The cause would be the financial difficulties of the Bahraini group.

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