GIB

Press Releases

GULF INTERNATIONAL BANK CELEBRATES THE OPENING OF ITS NEW ABU DHABI OFFICES

Gulf International Bank (GIB) today announced the official opening of its new larger offices in the Nation Towers in Abu Dhabi. CEO of GIB B.S.C., Jamal Al Kishi, along with Rajeev Kakar, a Director of GIB B.S.C. and other senior members of GIB, officially inaugurated the Abu Dhabi offices in the presence of representatives from the Central Bank of the UAE and clients.

Read more 13.06.2022

PIVOTAL PART FOR BAHRAIN’S BANKS IN TRANSITIONING TO A MORE SUSTAINABLE ECONOMIC MODEL

Oxford Business Group interviews Mr. Abdulaziz Al-Helaissi, group CEO and member of the board of Gulf International Bank
 

Read more 07.06.2022

GULF INTERNATIONAL BANK ORGANISES HEALTH & WELLNESS WEEK FOR ITS EMPLOYEES

Gulf International Bank B.S.C. (GIB) organised a Health & Wellness week for employees as part of its initiative to promote health and well-being, which the Bank believes is an essential pillar for a sustainable and balanced work environment. 

Read more 29.05.2022

GULF INTERNATIONAL BANK ANNOUNCES THE APPOINTMENT OF NEZAR AL SAIE TO ITS BOARD OF DIRECTORS

Gulf International Bank BSC (GIB) today announced the appointment of Nezar Al Saie to its Board of Directors. Mr. Al Saie brings to the Board more than four decades of experience in banking, finance, and asset management. 

Read more 25.05.2022

LUCID ADVANCES GLOBAL SUSTAINABILITY VISION ANNOUNCING NEW DETAILS FOR FIRST OVERSEAS MANUFACTURING FACILITY WITH PARTNERS IN SAUDI ARABIA

Lucid Group, Inc. (NASDAQ: LCID), setting new standards with the longest-range, fastest-charging electric car on the market with the award-winning Lucid Air, today hosted a ceremonial signing event to mark the February 2022 agreements with the Ministry of Investment of Saudi Arabia (“MISA”), the Saudi Industrial Development Fund (“SIDF”), Emaar, The Economic City, at King Abdullah Economic City (“KAEC”) and Gulf International Bank (“GIB”) that sets the stage for the construction of AMP-2, a world-class Lucid production factory in Saudi Arabia with a capacity of 155,000 electric vehicles. 

Read more 18.05.2022

GULF INTERNATIONAL BANK ACHIEVES 62% INCREASE IN FIRST QUARTER NET PROFIT

Gulf International Bank B.S.C. (GIB) reported a net profit of $12.8 million for the first quarter of 2022 attributable to the shareholders of the parent, compared to a net profit of $7.9 million in the prior year period, an increase of 62% due to higher net interest income and net fee and commission income. The consolidated GIB Group recorded a net profit of $21 million compared to a net profit of $14.1 million in the same period last year, an increase of 49%. 

Read more 15.05.2022

GULF INTERNATIONAL BANK ISSUES INAUGURAL SUSTAINABILITY REPORT

Strong progress reported in the implementation of the Group’s ESG strategy and performance in 2021

Read more 11.05.2022

GIB Wins Three Honours from the Global Banking & Finance Review

GIB wins two awards for excellence in ESG & Sustainability and is also named as the Best Project and Structured Finance bank in KSA

Read more 11.04.2022

Gulf International Bank participates in the Environment Week by planting Dammam Corniche

As part of Gulf International Bank’s strategy of sponsoring environmental activities, and to mark the Environment Week, the bank joined the afforestation campaign of the Dammam City Corniche in the Eastern Province. In cooperation with the city’s municipality, the bank’s employees planted more than 280 trees on Tuesday, March 29, 2022 AD.

Read more 07.04.2022

Gulf International Bank Hosts First Employee Padel Tournament

Gulf International Bank B.S.C. (GIB) announced the successful hosting of the 1st GIB Padel Tournament on 19 March 2022 at the Ritz-Carlton, Bahrain with 50 Bank employees taking part.

Read more 22.03.2022

Al Fateh Corniche receives landscape makeover through Forever Green campaign

The National Initiative for Agricultural Development (NIAD) has overseen the plantation of trees and seedlings alongside the eastern part of Al Fateh Corniche with support from the Gulf International Bank (GIB).

Read more 14.03.2022

Gulf International Bank’s Fifth ‘GIB Golf Cup’ concludes in Riyadh

More than 92 professional and amateur golfers took part. No hole-in-one winners of the two McLaren cars.
 

Read more 06.03.2022

GULF INTERNATIONAL BANK REPORTS NET PROFIT OF $37.9 MILLION ATTRIBUTABLE TO SHAREHOLDERS

Gulf International Bank (“GIB”) announces its year ended 31st December 2021 financial results.

Read more 27.02.2022

GIB Closes SAR400m Project Finance for a Leading Hospital Project in Jeddah

Gulf International Bank - Saudi Arabia (“GIB Saudi Arabia”) has closed a project finance facility of SAR 400 million with the Saudi German Hospital Group (“SGH Group”) to build a state-of-the-art hospital in Jeddah. This 65,000 square meter, 350 bed hospital marks the Group’s expansion of footprint in the Saudi Arabian healthcare space. This state-of-the-art hospital will address the untapped need for healthcare by offering a wide range of high-quality healthcare services needed by the market. The project is led by Humania Capital (the investment arm of the Bait Al Batterjee Group) in partnership with Middle East Healthcare Company (“MEAHCO”).

Read more 22.02.2022

GULF INTERNATIONAL BANK IS GOLD SPONSOR OF THE GTR MENA 2022 CONFERENCE

Gulf International Bank (GIB) was Gold Sponsor of the GTR MENA 2022 conference held in Dubai on 15-16 February 2022. Organised by Global Trade Review and running for nearly 20 years, it is the region’s well-established trade and export finance conference.

Read more 20.02.2022

Gulf International Bank is Golf Partner for the 2022 PIF Saudi International powered by SoftBank Investment Advisers

Gulf International Bank (GIB) was the golf partner of the Saudi International powered by Softbank Investment Advisers with the Public Investment Fund (PIF) as the new title sponsor. The event attracted some of the world’s finest golfers. 

Read more 09.02.2022

Gulf International Bank Sponsors Future Minerals Forum

Gulf International Bank (GIB) is the platinum sponsor of Future Minerals Forum taking place in Riyadh on 11-13 January 2022.

Read more 13.01.2022
Gulf International Bank B.S.C. Licensed by the Central Bank of Bahrain as a local Conventional Wholesale Bank and as a Conventional Retail Bank (branch) C.R. 4660