‘FGB Arena’ inaugurated in Abu Dhabi


First Gulf Bank - FGB
13.20 -0.10 -0.76%
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 165.9 78,663
BKMB 0.47 352,000
EEC 20.6 131,215
SABIC 92.75 741,875
PETRORABIGH 10.95 246,963
KINGDOM 11.4 8,237
NBAD 10.6 527,041
Recent News

Kuwait stocks extend advance as bank shares weigh on UAE markets
Kuwait’s main stock gauge, the Middle East’s best performer this year, rose for an eighth day, while shares in the United Arab Emirates fell as investors bet banks will boost provisions for bad loans

Dubai index falls more than one per cent as caution sets in ahead
Dubai index fell more than 1 per cent in late trade on Sunday as cautious traders booked profits ahead of results of key companies.

The Dubai Financial Market General index closed 1.13 per c

Oman’s Raysut Cement fourth quarter net profit falls 11.9%
Oman’s Raysut Cement reported a 11.9 per cent decrease in fourth-quarter net profit on Sunday, according to Reuters calculations. Net profit rested at 4.53 million riyals (Dh43.3 million, $11.78 mill

Saudi’s Almarai Q4 net profit up 1%, close to forecasts
audi Arabia’s Almarai, the Gulf’s largest dairy company, reported a 1 per cent increase in fourth-quarter net profit on Sunday, broadly in line with analysts’ forecasts, and said cost controls would

Bank Muscat net profit rises to RO 176.56m
Bank Muscat, the flagship financial institution in the Sultanate, posted a net profit of RO 176.56 million for the for the year ended December 31, 2016 compared to RO 175.45 million reported during t

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?