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ABU DHABI SECURITIES EXCHANGE (ADX)Trading Hours: Sun - Thu 10:00 am-2:00 pm

First Gulf Bank FGB
FGB 0.00%
Banks 0.24%
ADI 0.62%
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Price in AED Last Update : 22 Jun 2017 2:15 pm (local time)
  • Merger of FGB and NBAD completed Mar 26, 2017 | Source : WAM

    The Securities and Commodities Authority, SCA, has issued a certificate completing the merger of the First Gulf Bank, FGB, and the National Bank of Abu Dhabi, NBAD. The SCA has set 30th March as the last date...

  • Shareholders of NBAD, FGB to decide on merger on December 7 Oct 24, 2016 | Source : Khaleej Times

    The shareholders of National Bank of Abu Dhabi (NBAD), the UAE's second biggest lender by assets, and First Gulf Bank (FGB) will meet separately on December 7 in the capital to vote for a mega merger. NBAD...

  • You can bank on it: FGB, NBAD boards unanimously approve $175b mega merger Jul 04, 2016 | Source : Khaleej Times

    The boards of directors of First Gulf Bank and National Bank of Abu Dhabi have voted unanimously to recommend to shareholders a merger of the two financial institutions to become the largest lender in Middle East and North Africa. With Dh642...

  • NBAD-FGB boards okay merger to create biggest bank in Middle East Jul 03, 2016 | Source : Khaleej Times

    The boards of directors of First Gulf Bank PJSC (FGB) and National Bank of Abu Dhabi PJSC have voted unanimously to recommend to shareholders a merger of the two Abu Dhabi-listed banks.  The proposed merger will create a bank with the...

  • UAE's First Gulf Bank says profit can grow 6% this year: CEO Mar 07, 2016 | Source : Emirates 24|7

    First Gulf Bank (FGB), one of the United Arab Emirates' biggest banks, thinks it can maintain profit growth of 6 per cent in 2016, the same growth rate that it achieved last year, chief executive Andre Sayegh said on Sunday. Net...

  • AED643.7 billion worth of cheques handled by UAE Clearing System in five months Jun 22, 2017 | Source : WAM

    A total of 12.922 million cheques worth AED643.7 billion were handled by the UAE Clearing Cheque System during the first five months of 2017, according to the UAE Central Bank data. A total of AED28.9 billion worth...

  • Islamic finance growth to lose momentum in 2018: S&P report Jun 22, 2017 | Source : Saudi Gazette

    Islamic finance industry will continue to expand this year, but lose some momentum in 2018, S&P Global Ratings forecast. The industry’s assets reached $2 trillion at year-end 2016, slightly below our September forecast. Even though sukuk issuance...

  • Central Bank's foreign currency assets up to AED322.4 billion in May Jun 21, 2017 | Source : WAM

    The UAE Central Bank's foreign currency assets increased 1.5 percent to AED322.4 billion during the month of May from AED317.44 billion in April, according to statistics released Tuesday by the bank. The surge is attributable to the...

  • Islamic finance growth to lose momentum in 2018: S&P report Jun 21, 2017 | Source : Saudi Gazette

    Islamic finance industry will continue to expand this year, but lose some momentum in 2018, S&P Global Ratings forecast. The industry’s assets reached $2 trillion at year-end 2016, slightly below our September forecast. Even though sukuk issuance...

  • UAE Central Bank announces Money Supply aggregate M1 Jun 20, 2017 | Source : WAM

    The Central Bank has announced that the Money Supply aggregate M1 decreased by 0.6 percent, from AED 507.2 billion at the end of April 2017 to AED 504.4 billion at the end of May 2017. The Money...

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