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First Gulf Bank
FGB (formerly known as First Gulf Bank) was the third largest bank by assets in the United Arab Emirates (UAE), until it merged with the National Bank of Abu Dhabi in December 2016 to form First Abu Dhabi Bank, creating the largest bank by assets in the UAE. Established in 1979, FGB is headquartered in the Emirate of Abu Dhabi. FGB offers a wide range of financial services in the wholesale, consumer and treasury banking sectors, including Islamic banking and bancassurance solutions for businesses and consumers via a network of branches across the UAE. Internationally, FGB has a branch in Singapore - that includes global wealth management services and a branch in Qatar, representative offices in London, India, Hong Kong and Seoul, South Korea, and a subsidiary in Libya. In 2013, the bank restructured its business into three divisions: the Wholesale Banking Group, the Consumer Banking Group and the Treasury & Global Markets Group. In the same year, FGB also announced that it had acq ...
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Public Company
A public company is a company whose ownership is organized via shares of stock which are intended to be freely traded on a stock exchange or in over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listed company), which facilitates the trade of shares, or not (unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states, and therefore have associations and formal designations which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation (though a corporation need not be a public company), in the United Kingdom it is usually a public limited company (plc), i ...
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The Banker
''The Banker'' is an English-language monthly international financial affairs publication owned by ''The Financial Times'' Ltd. and edited in London, United Kingdom. The magazine was first published in January 1926 through founding Editor, Brendan Bracken of the ''Financial News'', who went on to become the chairman of the ''Financial Times'' from 1945-1958. Since its founding, the magazine has claimed a dedication to the international perspective through features, interviews, multi-media applications, and events. ''The Banker'' is the world’s premier banking and finance resource, read in over 120 countries and is the key source of data and analysis for the industry. It combines in-depth regional and country coverage with reports on global financial markets, regulation and policy, cash management and securities services, commodities and carbon finance, infrastructure and project finance, trading and technology, clearing and settlement, and management and governance issues. ''T ...
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2016 Mergers And Acquisitions
Sixteen or 16 may refer to: *16 (number), the natural number following 15 and preceding 17 *one of the years 16 BC, AD 16, 1916, 2016 Films * '' Pathinaaru'' or ''Sixteen'', a 2010 Tamil film * ''Sixteen'' (1943 film), a 1943 Argentine film directed by Carlos Hugo Christensen * ''Sixteen'' (2013 Indian film), a 2013 Hindi film * ''Sixteen'' (2013 British film), a 2013 British film by director Rob Brown Music *The Sixteen, an English choir * 16 (band), a sludge metal band * Sixteen (Polish band), a Polish band Albums * ''16'' (Robin album), a 2014 album by Robin * 16 (Madhouse album), a 1987 album by Madhouse * ''Sixteen'' (album), a 1983 album by Stacy Lattisaw *''Sixteen'' , a 2005 album by Shook Ones * ''16'', a 2020 album by Wejdene Songs * "16" (Sneaky Sound System song), 2009 * "Sixteen" (Thomas Rhett song), 2017 * "Sixteen" (Ellie Goulding song), 2019 *"16", by Craig David from ''Following My Intuition'', 2016 *"16", by Green Day from ''39/Smooth'', 1990 *"16", b ...
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Banks Established In 1979
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Because banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as fractional reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but in many ways functioned as a continuation of ideas and concepts of credit and lending that had their roots in the anc ...
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Companies Listed On The Abu Dhabi Securities Exchange
A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is generating profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duty according to the publicly declared incorporation, or published policy. When a company closes, it may need to be liquidated to avoid further legal obligations. Companies may associate and collectively register themselves as new companies; the resulting entities are often known as corporate groups. Meanings and definitions A company can be defined as an "artificial per ...
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Companies Based In Abu Dhabi
A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is generating profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duty according to the publicly declared incorporation, or published policy. When a company closes, it may need to be liquidated to avoid further legal obligations. Companies may associate and collectively register themselves as new companies; the resulting entities are often known as corporate groups. Meanings and definitions A company can be defined as an "artificial per ...
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Defunct Banks Of The United Arab Emirates
Defunct (no longer in use or active) may refer to: * ''Defunct'' (video game), 2014 * Zombie process or defunct process, in Unix-like operating systems See also * * :Former entities * End-of-life product * Obsolescence Obsolescence is the state of being which occurs when an object, service, or practice is no longer maintained or required even though it may still be in good working order. It usually happens when something that is more efficient or less risky r ...
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Zayed Sports City
Zayed Sports City Stadium ( ar, ستاد مدينة زايد الرياضية) is a multi-purpose stadium located in Zayed Sports City, Abu Dhabi, United Arab Emirates. The largest stadium in the UAE with 45,000 seats, it has iconic status and was featured on the AED 200 banknote. The stadium was opened in 1979 and was renovated in 2009, with many of the facilities and amenities upgraded to ensure that it complies with international standards and can be used for a wide range of events. The stadium hosted the 1996 AFC Asian Cup including the final, where the United Arab Emirates lost against Saudi Arabia in penalty shoot-outs. The stadium also hosted the 2003 FIFA World Youth Championship and the 18th Arabian Gulf Cup. The semifinals and finals of 2009 and 2010 FIFA Club World Cups were also held at the stadium. The stadium again hosted the Club World Cup in 2017 and 2018. It also held the 2019 AFC Asian Cup. It staged the opening and final matches. History Development ...
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Al Ain
Al Ain ( ar, ٱلْعَيْن, , ) is a city in the western side of Tawam (region), Tuwwam region and the seat of the administrative division of its namesake, Al-Ain Region, Abu Dhabi, Al Ain in the Emirate of Abu Dhabi, United Arab Emirates. It is Oman–United Arab Emirates border, bordered to the east by the Omani town of Al-Buraimi in the Al Buraimi Governorate. It is the largest inland city in the Emirates, the List of cities in the United Arab Emirates, fourth-largest city (after Dubai, Abu Dhabi, and Sharjah), and the second-largest in the Emirate of Abu Dhabi. The Controlled-access highway, freeways connecting Al-Ain, Abu Dhabi, and Dubai form a geographic triangle in the country, each city being roughly from the other two. Al-Ain is known as the "Garden City" ( ar, مَدِيْنَة ٱلْحَدِيْقَة, Madīnat Al-Ḥadīqah, lit=City of The Garden) of Emirate of Abu Dhabi, Abu Dhabi, the UAE or the Persian Gulf, Gulf, due to its greenery, particularly with reg ...
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Ferrari
Ferrari S.p.A. (; ) is an Italian luxury sports car manufacturer based in Maranello, Italy. Founded by Enzo Ferrari (1898–1988) in 1939 from the Alfa Romeo racing division as ''Auto Avio Costruzioni'', the company built its first car in 1940, and produced its first Ferrari-badged car in 1947. Fiat S.p.A. acquired 50% of Ferrari in 1969 and expanded its stake to 90% in 1988. In October 2014, Fiat Chrysler Automobiles (FCA) announced its intentions to separate Ferrari S.p.A. from FCA; as of the announcement FCA owned 90% of Ferrari. The separation began in October 2015 with a restructuring that established Ferrari N.V. (a company incorporated in the Netherlands) as the new holding company of the Ferrari S.p.A. group, and the subsequent sale by FCA of 10% of the shares in an IPO and concurrent listing of common shares on the New York Stock Exchange. Through the remaining steps of the separation, FCA's interest in Ferrari's business was distributed to shareholders of FCA, ...
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Ferrari World Abu Dhabi
Ferrari World Abu Dhabi ( ar, عالم فيراري أبوظبي) is a mostly indoors theme park located on Yas Island in Abu Dhabi, United Arab Emirates. It is the world’s first Ferrari-themed park and features Formula Rossa, the world's fastest roller coaster. The foundation stone for the park was laid on 3 November 2007. Developed by Aldar Properties and constructed by BESIX Group subsidiary Six Construct BESIX Group is a construction group based in Brussels, one of the world's leading international contractors according to the ENR ranking. Active since 1909, BESIX operates in Europe, the Middle East, Oceania, Africa, North America and Asia. Its ..., it took three years to develop the park until it was officially opened to the public on 4 November 2010. Rides and attractions Roller coastersSusan And Simon Veness, Operating Under construction Themed Experiences Family rides Children's rides Entertainment References External links * {{Ferrari Worl ...
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Issuer
Issuer is a legal entity that develops, registers, and sells securities for the purpose of financing its operations. Issuers may be governments, corporations, or investment trusts. Issuers are legally responsible for the obligations of the issue, and for reporting financial conditions, material developments, and any other operational activities as required by the regulations of their jurisdictions. The most common types of securities issued are equities: common and preferred stocks, and debt: bonds, notes, debentures, and bills. In the United States, the term "issuer" is defined by Section 2(4) of the Securities Act of 1933 as follows: The term "issuer" means every person who issues or proposes to issue any security; except that with respect to certificates of deposit, voting-trust certificates, or collateral-trust certificates, or with respect to certificates of interest or shares in an unincorporated investment trust not having a board of directors (or persons performing s ...
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