Khalaf Ahmad Al Haboor, Chairman of the Al Habtoor Group hosted a lunch for senior executives of First Gulf Bank (FGB), including the CEO André Al Sayegh, at his Magilis on Al Wasl Road on Monday, March 3, 2014. This marked the second time Al Habtoor and Al Sayegh had met.
Also present from the bank was Simon Penney, Senior Executive Vice President, Head of Wholesale and International Banking; Mohanad M. Al-Borno, Group Regional Head, Dubai & Northern Emirates, Wholesale Banking Group and Moustafa Al-Khalafawy, Senior Manager, Corporate Banking Group. The meeting included Sultan Al Habtoor, President, Al Habtoor Motors; Mohammed Al Habtoor, Vice President and CEO, Al Habtoor Group and other senior executives from the Group along with prominent members of the Dubai society.
Before the lunch, the group discussed potential business collaboration between the Al Habtoor Group and FGB. Al Habtoor said, “First Gulf Bank is a UAE bank with an international reputation. It can compete with the some of the world’s best-known banks. There are a lot of synergies between the Al Habtoor Group and First Gulf Bank.”
In a note of thanks to Al Habtoor, Al Sayegh said he has “a genuine admiration” for Al Habtoor’s “incredible growth story, which is based on a clear vision based on strong fundamentals”.