Wednesday 31, December 2008 by

First Gulf Bank acts to freeze out foreign speculators

The new cap put in place by First Gulf Bank (FGB) is half the size of the cap previously in place (30 per cent). According to FGB’s Memorandum and Articles of Association, Article (8): the Board of Directors are authorized to increase or decrease this percentage as they may deem appropriate.

Features & Analyses

Islamic Finance The path forward

After years of milestones, Islamic finance in Dubai and beyond still has work to do, writes Abdulla Mohammed Al Awar, CEO of DIEDC read more