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FGB awards prizes to credit card winners   

Khaleej Times - 19 January, 2013

First Gulf Bank (FGB), the major leading UAE financial institution, has handed over the grand prizes to the winners of its Abu Dhabi Credit Card’s annual draw.

Haresh Kumar received the keys to a luxurious two-bedroom sea view apartment in Ocean Terrace on Al Reem Island, while Karim Nakhle and Salim Akhtar drove off in brand new Audi R8 Quattro and Q5 luxury cars respectively.

Girish Advani, FGB’s Head of Credit Cards Business, said: “It’s important that a bank acknowledges and rewards customer loyalty. Our Abu Dhabi Credit Card scheme helps to reinforce the value that FGB’s cards bring to their customers, both in terms of the benefits of the cards as well as the potential to win large prizes.”
 
New bridge to boost KSA-Bahrain trade
Source : Saudi Gazette  
Date : 2014-10-23
As part of plans to tackle delays on the King Fahd causeway, Bahrain is taking steps to reduce waiting times and ease congestion on its road link with Saudi Arabia...
Tourism & Umrah Forum opens new mart opportunities
Source : Saudi Gazette  
Date : 2014-10-23
The two-day 16th International Forum for Tourism and Umrah at the JW Marriott Marquis Hotel in Dubai,that winds up today (Oct. 23) strengthens relations and opens new opportunities for potential...
Saudi firm takes stake in French poultry producer
Source : Saudi Gazette  
Date : 2014-10-23
The Saudi-Arabian food group Almunajem has taken a stake of 25 percent in the French poultry producer Groupe Doux. The transaction completes the financial restructuring of Doux that filed for...
Masdar to build $125m wind farm in Oman
Source : Arab News  
Date : 2014-10-23
Abu Dhabi energy company Masdar said it will build a 50-megawatt wind farm in Oman that will provide 16,000 homes with clean energy....
Hollande and Alwaleed boost investment links
Source : Arab News  
Date : 2014-10-23
Prince Alwaleed bin Talal, chairman of Kingdom Holding Company (KHC) attended a dinner at the French presidential palace, The Elysee on Monday Oct. 20 on the occasion of the inauguration...
Aldar to launch new projects in 3-4 months
Source : Arab News  
Date : 2014-10-23
Abu Dhabi's Aldar Properties will launch a few new projects in the next three to four months, the real estate developer's chief financial officer said....
Rheinhutte Pumpen wins Saudi contract
Source : Arab News  
Date : 2014-10-23
The Umm Wual phosphate project in northern Saudi Arabia, concerned with the conveyance of the country’s rich deposits of phosphates, is currently being implemented on behalf of Maaden (Saudi Arabian...
Sadara drives regional chemicals industry growth
Source : Arab News  
Date : 2014-10-23
Sadara Chemical Company (Sadara), now building the largest chemical complex in the world constructed in a single phase, recently headlined the Gulf region’s first forum focused on ethylene: The Ethylene...
NCB's net income rises 12.8 percent 
Source : Arab News  
Date : 2014-10-23
The National Commercial Bank’s (NCB) net income attributable to equity holders of the bank for the nine month of 2014 reached SR6,830 million compared to SR6,057 million for the same...
Advanced Petrochemical plans sukuk investor meetings
Source : Arab News  
Date : 2014-10-23
Saudi Arabia's Advanced Petrochemical Co. will begin meeting investors from Sunday ahead of a potential sale of a sukuk denominated in riyals, it said on Wednesday....
Dar Al-Arkan plans to spend SR1bn on projects in 2015
Source : Arab News  
Date : 2014-10-23
Dar Al-Arkan Real Estate Development Co., Saudi Arabia's largest listed developer, plans to spend over SR1 billion ($267 million) on projects in 2015 and aims for 10 percent growth of...
AFG expands footprint in oil and gas sector
Source : Arab News  
Date : 2014-10-23
Abdulla Fouad Group (AFG) has announced the acquisition of a number of oil and gas joint ventures, agencies and facilities from the Shoaibi Group (SG) to expand its presence in...
Investment opportunities in Al-Qassim highlighted
Source : Arab News  
Date : 2014-10-23
The Gulf Organization for Industrial Consulting (GOIC) is taking part in the industrial investment forum in Al-Qassim....
Saudi Arabia's ACWA Power shifts toward renewable energy
Source : Arab News  
Date : 2014-10-23
Saudi Arabia-based power and water project developer ACWA Power is seeking to secure or arranging finance for $15 billion worth of projects, nearly half of which are in renewable energy,...
Qatar 'laying solid grounds for security infrastructure'
Source : Gulf Times  
Date : 2014-10-22
An official of a security solutions provider said he is optimistic that the multi-billion security infrastructure projects of the government could guarantee the safety of Qatar residents, especially during the...
Turkey tightens security after deadly protests
Source : The Peninsula  
Date : 2014-10-22
Turkish Prime Minister Ahmet Davutoglu unveiled a tightening of security legislation yesterday following deadly protests this month, amid growing fears that the government is using the unrest to tighten its...
3 big IPOs in pipeline as Saudi market booms
Source : Saudi Gazette  
Date : 2014-10-22
Investment bank Saudi Fransi Capital has three big initial public offers of shares in the pipeline as the Saudi Arabian equity market booms and firms become keener to list, the...
Kuwait, Egypt sign draft deal for commercial, industrial cooperation
Source : Kuwait News Agency  
Date : 2014-10-22
The governments of Egypt and Kuwait on Tuesday signed a draft agreement for commercial and industrial cooperation and a Memorandum of Understanding in the field of exhibitions and conferences....
CBK approves instructions for banks' Leverage Ratio Standards
Source : Kuwait News Agency  
Date : 2014-10-22
Governor of the Central Bank of Kuwait (CBK) Mohammad Y. Al-Hashel announced Tuesday that CBK's Board of Directors has approved the instructions for implementing the Leverage Ratio Standards to Kuwaiti...
Kuwait seeks re-elections as member of ITU council -- Amb.
Source : Kuwait News Agency  
Date : 2014-10-22
Kuwait is keen on being re-elected at the International Telecommunication Union's (ITU) council, said Kuwaiti Ambassador to South Korea Dr. Jassem Al-Budaiwi on Wednesday....
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