• First Energy Bank Appoints Mr. Khaleefa Butti Omair as a new chairman of the Bank.

    First Energy Bank Appoints Mr. Khaleefa Butti Omair as a new chairman of the Bank.

    Manama, Bahrain - 11 May 2016:
    Bahrain - based First Energy Bank (FEB) held its Board Meeting on the 9th of May 2016, during which the board discussed the Bank’s recent performance as well as the Bank’s plans for 2016 and […]

    Read more
  • FEB signs Euro 25 million Murabaha Facility

    FEB signs Euro 25 million Murabaha Facility
     Manama, Kingdom of Bahrain | January 09, 2014
     
    First Energy Bank (“FEB”) today announced the signing of a Euro 25 million Murabaha facility with Kore Coal Finance B.V., established in the Netherlands and a subsidiary of Sapinda Holding B.V. The financing will assist Sapinda in enhancing its investments in an […]

    Read more
  • Borealis and First Energy Bank acquire 20.3% of Neochim AD

    Manama, Kingdom of Bahrain | December 24, 2013
    Borealis and First Energy Bank acquire 20.3% of Neochim AD
    Borealis, a leading provider of innovative solutions in the fields of polyolefins, base chemicals and fertilizers, together with First Energy Bank of Bahrain, announced today that they have formed a joint venture in Bulgaria called FEBORAN AD. On […]

    Read more
  • First Energy Bank Appoints Mr. Mohamed Shukri Ghanem as CEO of the Bank

    Manama, Bahrain - 09 December 2013: Manama, the Board of Directors of the First Energy Bank (the “Bank”) announced recently the appointment of Mr. Mohamed Shukri Ghanem to the position of CEO of the Bank.
    In statement on this occasion the Chairman of the Bank’s Board of Directors, Mr. Khadem Abdulla Al Qubaisi stated: “We are […]

    Read more
  • MENAdrill raises 3 year Islamic Financing

    Manama, Bahrain - 7 March 2012: MENAdrill Investment Company (”MIC”), incorporated in Cayman Islands and principally promoted by First Energy Bank (”FEB”) has today signed a 3 year US$ 130 Million limited recourse Islamic financing with Gulf International Bank B.S.C. (”GIB”) as the Mandated Lead Arranger and Investment Agent for this Murabaha Facility to part […]

    Read more
1 of 6 Next