First Gulf Bank

First Gulf Bank and Union National Bank both report higher than expected earnings.

95% of net profit generated by core banking business, bank says in statement.

Current upturn will last 2 months, short-term buying oportunities in banking sector. 

Syndicated loan facility to be used to fund further expansion of Dubai’s mixed use Al Ghurair City.

Abu Dhabi-based bank lowers foreign ownership limit on its shares by 0.5-15%.

Abu-Dhabi-based bank says it has bought back shares at 7.8 dirhams ($2.12) per share.

Abu Dhabi based bank purchases shares under buyback scheme at $2.08 per share.

Abu Dhabi bank also sees 50% increase in full-year profits amid global banking meltdown.

Analyst voices worries over loan books at Abu Dhabi Commercial Bank, First Gulf Bank in research note.

Move to reduce limit from 30% follows a more than 50% decline in bank's share price.

Abu Dhabi bank looking to trim costs amid financial turmoil, cuts relate to outsourced people, exec says.

Abu Dhabi lender initiating buyback of 10% of its shares, which have fallen more than 40% this year.

UPDATE 5: UAE markets end higher with Emaar Properties, First Gulf Bank leading way with big gains.

Saudi slips for the third day running as selling pressure from foreigners hit bourses.

Falling oil prices plays part in disappointing day for the region's share traders.

UPDATE 3: Real estate companies are hardest hit as markets have day to forget across the Gulf region.

Q2 earnings top forecasts economies benefit from high oil prices and low rates.

Sale to finance expansion of its lending business, follows delay to $3.5bn bond issue.

UAE capital's three top banks poised to triple business as GCC powers ahead, study says.

Abu Dhabi lender says it will make it easier to send money to and invest in India.

First Gulf Bank has completed the deployment of a new storage infrastructure, to improve its data handling capabilities.

An increasingly wealthy female population has led the region's banks to launch a raft of "women only" services.

US$55m finance to develop health chain.

A look at the latest core banking success stories at this year's Temenos Client Forum in Bangkok.

UAE-based Royal Jet, a global luxury flight services company, has announced an expansion of its fleet of executive jets by adding a fifth Boeing Business Jet (BBJ) making it the leading BBJ operator worldwide.

Will the banking industry be the next sector to feel the wind of change sweeping through the Gulf?

Property company established as a joint venture between Abu Dhabi businesses including First Gulf Bank.

Bank says it is to abolish cap on ownership by foreign investors.

Abu Dhabi banking and property development come together for launch of US $137 million Aseel.

First Gulf Bank (FGB) has reported record first quarter results with a net profit of US$111m for the first three months of this year ending March 31.

Tejarat Bank has implemented a complete new front office application as well as Avanoc’s authentication security solution.