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First Energy Bank posts $6m H1 profitBahrain-based First Energy Bank (FEB), a leading Islamic investment bank, has posted a net profit of $6 million for the first half of the year, an increase over the $5.6 million achieved during the same period last year. FEB also rep More… |
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GIB to advise First Energy on $1bn solar plantFirst Energy Bank has appointed Gulf International Bank (GIB) as the financial advisor for its planned $1 billion solar plant in Saudi Arabia, it said on Sunday. Bahrain-headquartered GIB, which is owned by the Saudi government, will advis More… |
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Bahrain's First Energy to invest $400mBahrain-based First Energy Bank is looking to invest $400 million in energy projects in the Middle East and North Africa (Mena) this year and is considering issuing Islamic bonds, a company executive said on Monday. The bank is working to More… |
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First Energy launches $3bn drilling firmBahrain-based First Energy Bank has announced the formation of a new $3 billion offshore drilling and services company, MENAdrill. Launched with strategic partners Gulf Finance House and Adwoc and strategic and technical advisors PF More… |
