GFH Capital and Al Tijaria Launch Major GCC Logistics Partnership

GFH Capital, a Saudi-based subsidiary of Bahrain’s GFH Financial Group, has entered a landmark partnership with Kuwait’s Commercial Real Estate Company (Al Tijaria). The collaboration will focus on developing logistics infrastructure across the Gulf Cooperation Council (GCC), with particular emphasis on Saudi Arabia.

Al Tijaria to Act as Technical Advisor

As part of the agreement, Al Tijaria will take on a critical advisory role for one of GFH Capital’s dedicated logistics funds. The partnership leverages Al Tijaria’s decades of real estate experience to guide development in key logistics sectors, including last-mile delivery, cold storage, and fulfillment centers.

A $2 Billion Exposure in Logistics

GFH’s expansion into logistics is not new, but it’s gaining serious momentum. The group currently holds an estimated $2 billion in logistics assets globally and across the GCC.

“We are pleased to partner with Al Tijaria in this critical sector,” said Razi Al Merbati, CEO of GFH Capital. “It reflects the growing importance of logistics as a key driver of economic development in KSA and the wider Gulf and the strong opportunities this expansion is creating.”

He added that this partnership is part of GFH’s strategy to deliver high-growth investments with long-term, sustainable returns while directly supporting regional development goals.

Unlocking the Region’s Logistics Potential

Founded in 1968, Al Tijaria is listed on Boursa Kuwait and was recently added to the FTSE Russell Index in 2024. With an expansive and diversified portfolio covering commercial, residential, hospitality, and entertainment sectors, Al Tijaria brings deep market experience to the table.

“This partnership with GFH Capital provides us with unique access to the region’s rapidly expanding logistics market,” said Eng. Abdulmutalib Marafie , CEO of Al Tijaria. “Together, we aim to develop state-of-the-art infrastructure and create value for our investors.”

The announcement aligns closely with the economic diversification agendas of Gulf countries, particularly Saudi Arabia’s Vision 2030, which aims to transform the logistics sector into a regional hub connecting three continents.

This collaboration also emphasizes a shared commitment to innovation, regional infrastructure development, and cross-border investment cooperation between leading GCC institutions.