First Gulf Bank Appoints Mr. Jasim Al Ali As Chief Executive Officer Of Green Emirates Properties & MISMAK Properties (22 December 2010)
First Gulf Bank (FGB), today announced the appointment of Mr. Jasim Al Ali as Chief Executive Officer of Green Emirates Properties & MISMAK Properties, FGB’s associated companies in the real estate sector.
First Gulf Bank Records Highest Net Profit Ever For first half of 2010 (29 July 2010)
First Gulf Bank (FGB) announced its financial results for the second quarter of 2010, reporting a Net Profit of AED 787 million. This represents an increase of 2% over its Net Profit for the same quarter of last year.
First Gulf Bank Wins International Recognition "Bank of the Year 2009, UAE" By The Banker Awards (14 December 2009)
"First Gulf Bank is one of the region’s leading financial institutions and this award, the longest running banking title, reflects the success and the strength which the bank enjoys today." said André Sayegh, FGB’s Chief Executive Officer.
Statement By First Gulf Bank (25 June 2009)
The exposure of FGB to Al Ghoseibi and Saad Groups is not material to be commented on separately. FGB remains committed to all its stakeholders."
First Gulf Bank Named Among Top Ten Best Employers In The Middle East (9 June 2009)
The representative employee base registered for the study crossed the 150,000 mark, making this the largest employee research project ever undertaken in the region.
First Gulf Bank Posts AED750 Million Q1 Net Profit (27 April 2009)
The 95 percent of the net profit was generated by the Core Banking businesses of the bank; Corporate, Retail, Treasury, Investments and Islamic Banking.
First Gulf Bank Pays Its US$750 Million Syndicated Term Loan In Full (22 March 2009)
Initially launched in the market at US$500 million, the deal attracted subscriptions and commitments from 32 Regional and International banks and was oversubscribed amounting to US$825 million.
First Gulf Bank announced that it will issue Tier 1 capital notes to the Government of Abu Dhabi (4 February 2009)
The Notes are non-voting, non-cumulative perpetual securities, and are callable subject to certain conditions.
First Gulf Bank To Operate In Qatar (15 January 2009)
“Qatar is emerging as one of the most dynamic economies as it has the highest per capita income in the world and enjoys one of the fastest growing GDPs, reaching 13.3% real GDP, and valued in 2008 at over US$80 billion,” he added.
First Gulf Bank Inks Finance Deal With Mubadala (5 January 2009)
FGB will act as the mandated lead arranger providing 25% of the total project value, as well as the Onshore Security Agent and the Onshore Accounts Bank.
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