First Gulf Bank backs privatisation conference

"As a key player in project finance syndications and in financial consultancy, First Gulf Bank is well placed to take a leading role in the funding of privatisation opportunities and sponsorship of this conference will assist us in establishing a high profile in this specific arena," said André Sayegh, Acting CEO, First Gulf Bank.

"Privatisation initiatives, not only in Abu Dhabi, but throughout the GCC and EMEA regions hold out enormous challenges and opportunities and with First Gulf Bank increasing eyeing a regional role, we are determined to build closer relationships with key players influencing fundamental economic changes."

First Gulf Bank is active in investment and treasury banking and has a strong track record in leading project financing syndication loans. It also recently entered the Hedge Fund market with the successful launch of its first hedge fund product - its Al Saqer Fund - which was oversubscribed within weeks of launch.

"Over the coming year we will be looking to seize the many emerging financing opportunities resulting from the evolution of economies throughout the GCC and Middle East," explained Sayegh. "Privatisation initiatives will be within our growth targets."