‘FGB Arena’ inaugurated in Abu Dhabi


First Gulf Bank - FGB
13.70 0.00 0.00%
07/02/2014 08:30 AST

First Gulf Bank has announced the launch of a new destination for sport and leisure in Abu Dhabi. The ‘FGB Arena’ will be a state-of-the art, iconic multi-functional indoor arena, located in Zayed Sports City.

The ‘FGB Arena’ will be home to a range of diverse and regular programmes from sports and music events through to conferences and exhibitions. The facility can accommodate up to 6,000 spectators with modern conference and event management facilities.

The first event to be held at the ‘FGB Arena’ starts today with the Abu Dhabi Jiu Jitsu Cup. The Jiu-Jitsu World Championships are also planned to be staged at the venue in April 2014, after which the Arena will provide a dedicated training centre for mixed martial arts.

Andre’ Sayegh, FGB’s CEO, said of the agreement: “We are proud to launch the ‘FGB Arena’ which will become a sporting and social centre for the Abu Dhabi community. We want the facility to become a focus for health and wellbeing in the city, as well as a home of world class entertainment and sport. The ‘FGB Arena’ will look to promote various sport and social activities and encourage participation from the entire population – both young and old.”

Sayegh added: “The opening of the ‘FGB Arena’ is part of our long term strategy to remain an active part of the community and actively promote involvement in healthy pursuits and events. It integrates well into our other sponsorship relationships, including Al Ain Football Club and the recent FIFA U17 World Cup. Furthermore it extends our previous commitments to Jiu-Jitsu in Abu Dhabi following our sponsorship earlier in 2013 of the 17th Open Sports Festival. Through the ‘FGB Arena’, we look forward to supporting local events and initiatives as well as bringing world class events to the city as well as supporting local activities.”

CPI Financial
First Gulf Bank - FGB
2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | News Archive
Most Viewed Companies
Ticker Price Volume
QNBK 155.5 188,465
SABIC 97.25 1,443,556
BAHRI 36.7 335,753
ZAIN 480 2,421,444
OOREDOO 1200 76,670
DANA 0.45 13,214,961
EEC 21.95 526,227
Recent News

Sterling slips after weak UK business investment data
Sterling fell on Wednesday after data showed UK business investment fell in the fourth quarter of 2016 and indicated tougher economic times lie ahead, despite overall growth hitting its fastest pace

Food consumption in Oman to grow at 4.5% to 3.9m tonnes in 2021
Food consumption in Oman is likely to grow at a compounded annual growth rate (CAGR) of 4.5 per cent to 3.9 million tonnes in 2021 from an estimated 3.1 million tonnes in 2016. This growth is attribu

Dividend announcements drive Muscat bourse
Recovery on the Muscat Securities Market (MSM) is expected to gather momentum, thanks to better dividend announcements of the corporate sector and a firm trend in crude oil prices.

Dividen

Ooredoo net profit rises 4% to QR2.2bn in 2016
Driven by strong contributions from Qatar and certain other markets, the Ooredoo Group posted a net profit of QR2.2bn in 2016, up 4% on the previous year. Group revenue stood at QR33bn, an improveme

Saudi Aramco recruits JPMorgan,Morgan Stanley for IPO,HSBC a contender
Oil giant Saudi Aramco has asked JPMorgan Chase & Co and Morgan Stanley to assist with its mammoth initial public share offer and could call on another bank with access to Chinese investors, a source

GulfBase GCC Index
Search By
  • Company Symbol
  • Company Name
  • Mutual Fund Name
  • News Content
Send this page to a friend

Poll

Looking ahead, what change you are more likely to make in investing in your domestic stock market?