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UAE's Al Habtoor holds talks with FGB CEO

Khalaf Ahmed Al Habtoor, Chairman of the Al Habtoor Group, gestures during an interview with Reuters in Dubai January 9, 2016. Picture taken January 9, 2016. REUTERS/Ashraf Mohammad  - RTX22D1U

Khalaf Ahmed Al Habtoor, Chairman of the Al Habtoor Group, gestures during an interview with Reuters in Dubai January 9, 2016. Picture taken January 9, 2016. REUTERS/Ashraf Mohammad - RTX22D1U

REUTERS/Ashraf Mohammad - RTX22D1U


07 December 2016

Khalaf Ahmad Al Habtoor, Chairman, Al Habtoor Group, held talks with André Sayegh, CEO, FGB. Also present from FGB was Moustafa Al Khalafawy, Unit Head of Institutional Banking Group; Mohanad Al Borno, Head of Institutional Banking Group and Alia Nouri, Relationship Manager Institutional Banking Group. Present from Al Habtoor Group were Mohammed Al Habtoor, Vice-Chairman and CEO and KP Rajan, Group Financial Advisor.

They discussed the current economic climate in the UAE and the outlook for 2017, as well as the Al Habtoor Group’s current projects in the UAE, including Al Habtoor City and the Al Habtoor Polo Resort & Club in Dubai Land.

Al Habtoor said, “As a Group we have heavily invested in Dubai. This is where the growth is. Our two landmark projects, Al Habtoor City and the Al Habtoor Polo Resort and Club are almost complete. They are setting new standards in the hospitality sector in the UAE. We have created two very different landmark destinations. Al Habtoor City is an upmarket urban development, while the polo resort is an equestrian haven, like a country retreat.”

FGB, established in 1979 and headquartered in Abu Dhabi, is one of the UAE’s largest banks. It offers a range of financial services to businesses and consumers through its network of relationship managers and branches.

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© Arab Times 2016
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