Additionally, FEB recorded a 23% increase in Gross income amounting to $28.2m in 2010, as compared to 2009’s Gross income of $22.9m for the same period.
Commenting on the results, H.E Hamad Rashed Al Neaimi, …Read full article » Bahrain: Wednesday, November 10 - 2010 @ 16:35
Commenting on the results, Mr. Vahan Zanoyan, CEO of FEB, said:
“We have been building FEB on a stable foundation, based on the strength of our investor base, the strength of our team, and the knowledge …Read full article » Bahrain: Wednesday, February 24 - 2010 @ 14:58
The Bank also reported a Gross Income of $16.6m, which included $9.4m earned on short- and long-term treasury transactions, $5.8m on advisory services provided to local banks and $1.4m earned on available-for-sale Sukuk investments.
These …Read full article » Bahrain: Sunday, August 23 - 2009 @ 12:01
With a total investment of $50m, FEB becomes a significant shareholder in the project.
The Al Dur project, which is located on the southeast coast of the Kingdom and is valued at a total of $2.2bn, …Read full article » Bahrain: Wednesday, September 16 - 2009 @ 16:30
Commenting on the results, Mr. Esam Janahi, Chairman – First Energy Bank, said:
“The first quarter’s achievements are considered a solid and positive start to the year, and are testament to the attractive investment opportunities …Read full article » Bahrain: Monday, May 17 - 2010 @ 09:09
Borealis, a leading provider of innovative solutions in the fields of polyolefins, base chemicals and fertilizers, together with First Energy Bank of Bahrain, announced that they have formed a joint venture in Bulgaria called FEBORAN …Read full article » : Monday, December 30 - 2013 @ 05:52
Launched with strategic partners Gulf Finance House and ADWOC and strategic and technical advisors PFC Energy International and Noble Denton, MENAdrill plans to be one of the largest companies of its kind in the Middle …Read full article » Bahrain: Tuesday, July 15 - 2008 @ 16:35