Thursday 23, July 2009 by

First Gulf Bank 2Q net profit up by three per cent

First Gulf Bank (FGB) has recorded a second quarter net profit of AED 775 million ($210.9 million), a three per cent increase over the first quarter of this year. The net profit for the first half of the year stood at AED1.526 billion ($415.4 million), also three per cent higher than the AED1.484 billion generated during the first half of 2008.

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