Tuesday 17 October 2017
 
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First Gulf Bank

FGB picks Durapipe for new Abu Dhabi HQ

Durapipe UK, a leading manufacturer of plastic pipework solutions, said it has supplied pipes and fittings for the new 350,000-sq-ft headquarters of Abu Dhabi-based First Gulf Bank.   The eight-storey building co

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FGB picks Durapipe for new Abu Dhabi HQ

Durapipe UK, a leading manufacturer of plastic pipework solutions, said it has supplied pipes and fittings for the new 350,000-sq-ft headquarters of Abu Dhabi-based First Gulf Bank.   The eight-storey building co

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FAB Wealth Sentiment Index hits record high

First Abu Dhabi Bank (FAB), the UAE’s largest bank, has announced the latest score of its Wealth Sentiment Index (WSI), which reached an all-time high of 1038.28 in May, up 1.87 per cent from 1019.13 in April. Hana Al Rostam

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First Gulf posts record profit of $1.64bn for 2016

First Gulf Bank(FGB) registered a record profit of Dh6.03 billion ($1.64 billion) for the full year 2016, compared to Dh6.01 billion in 2015, marking its 17th consecutive year of consistent growth in profitability. Full year 2016

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First Energy Bank names chairman

Bahrain-based First Energy Bank (FEB), a Sharia-compliant investment bank, has announced the appointment of Khaleefa Butti Omair as its new chairman, succeeding Khadem Al Qubaisi, reported the Gulf Daily News, our sister publication.

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First Energy Bank names chairman

Bahrain-based First Energy Bank (FEB), a Sharia-compliant investment bank, has announced the appointment of Khaleefa Butti Omair as its new chairman, succeeding Khadem Al Qubaisi, reported the Gulf Daily News, our sister publication.

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First Gulf Bank's senior executives step down

First Gulf Bank's most senior investment banker and its head of global markets sales have both left their positions at Abu Dhabi's largest bank by market value, sources aware of the matter told Reuters on Tuesday. The pair

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First Gulf Bank Q4 net profit rises 11pc

First Gulf Bank, the third-largest lender by assets in the UAE, beat estimates on Sunday as it posted an 11 percent rise in fourth-quarter profit. FGB made a net profit of Dh1.72 billion ($468.4 million) in the three months ending

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First Gulf raises $1bn in three-year loan

First Gulf Bank (FGB), the third largest lender by assets in the United Arab Emirates, has raised $1 billion in loans in order to boost lending as liquidity in the economy tightens, banking sources said. Banks in the Gulf are turn

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First Gulf Bank Q1 profit falls short of estimates

First quarter net profit from First Gulf Bank (FGB) failed to match analyst estimates on Wednesday despite rising by 7 per cent thanks to higher fee income. Defying fears that a lower oil price might start to impact the profitabil

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