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First Gulf Bank

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Dubai Group sells credit card firm to First Gulf Bank

Investment firm Dubai Group has sold its credit card business to Abu Dhabi lender First Gulf Bank (FGB) for $164…

June 23, 2013 3:07

First Gulf Bank signs $900 million loan

First Gulf Bank, the second-largest lender by market value in the United Arab Emirates, has signed a three-year $900 million…

November 13, 2012 3:23
UAE banks and top lenders

UAE lenders raise hope for future

The second quarter profits at UAE's three largest banks have all exceeded forecasts, supporting future growth

July 25, 2012 10:08

Abu Dhabi building firm Arkan secures $381 million loan for REFI

Arkan Building Material Company has secured a 1.4 billion dirham loan ($381.16 million) from mainly local banks to refinance existing debt and fund new projects, it said on Wednesday.

June 20, 2012 5:42

UAE’s First Gulf Bank sets initial guidance for sukuk sale

Abu Dhabi's First Gulf Bank has set initial price guidance for a five-year, dollar-denominated benchmark Islamic bond at 210 basis points above midswaps -Reuters

July 25, 2011 11:20
First Gulf Bank denies employment article

First Gulf Bank denies employment article

First Gulf Bank hits back with an official statement that Reuters article claiming the bank prefers nationals to expatriates. Precious de Leon reports.

July 13, 2011 4:08

First Gulf Bank misses Q1 forecast on year-ago gain

First Gulf Bank profit down 4.8 pct over last year; Provisions down 7 pct in the quarter

April 25, 2011 3:36

First Gulf Bank may tap debt markets again in 2011-CEO

Abu Dhabi bank sees growth in loan book; Lender last issued Swiss franc debt in January; Says may issue Islamic bond in 2011

March 14, 2011 3:41

UAE lender FGB to convert bonds into shares Feb 21

Bonds converted at price of 28.8 dirhams per share; FGB new share capital adjusted to 1.5 bln dirhams

February 20, 2011 3:32

Abu Dhabi’s FGB to issue 5-yr 200 mln Swiss franc bond

FGB held off on dollar issue in November.

January 12, 2011 4:05