The unparalleled success of the financial consultancy this year has been mostly credited to their relevance in Middle Eastern countries such as Iran, Qatar and Dubai. Due to the suffering caused by the embargo, businessmen across Iran have reached out for the financial rescue of GIFA to save their companies from failure.
Yusuf Kisa, whom recently announced that GIFA arranged a total of 30 billion euros in loans just last year, raised his expected total for 2018 to a phenomenal 50 billion euros. “The agreements we have made have exceeded our highest expectations. We are now working hard to maintain our place at the top of the financial market,” he said.
While also stating that GIFA is closely affiliated with Tunisian, Moroccan and Egyptian companies, Kisa announced, “We are increasing our representatives in Africa and the Middle East in order to make our transactions faster. We have already opened branches in Tunisia and Algeria as well as our Iranian offices.” GIFA also has a deluxe $12 million office in Northern Cyprus.
Kisa commented on the importance of giving back to the community. The finance master has been commended in the past on providing a vast amount of employment opportunities in Northern Cyprus, as well as making generous contributions to social responsibility projects on the island. Kisa said, “To this day, we have not rejected any calls for help in our society, whether it be for charities, sponsorships or fundraisers. The sponsorships we made in 2017 exceeded 2.5 million Turkish Lira.”
Making its next move, GIFA Holding is now stepping into the petroleum industry by purchasing an oil refinery company as well as completing the project feasibility report for a 5-star hotel and casino in Cyprus.