The visit came as part of the strong relationship between the two banks. The delegation discussed the latest developments in banking and finance sector.
During the meeting, H.E. Ahmed Humaid Al Tayer updated the visitors about Emirates NBD's latest activities and discussed ways to increase cooperation between the two banks returning with benefits to the banking and investments market. The meeting also discussed the various economic, financial and investment opportunities in the local, regional and international markets.
The delegation confirmed Morgan Stanley's commitment towards the UAE Economy and its continuous support and contribution to the economic, financial and investment activities in the country.
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Ahmed Humaid Al Tayer receives high profile delegation
- United Arab Emirates: Wednesday, October 07 - 2009 at 14:20
- PRESS RELEASE
H.E. Ahmed Humaid Al Tayer, Chairman, Emirates NBD, received today, a high profile delegation from Morgan Stanley headed by Mr. Walid Chammah, Co-President, along with Mr. Cyrus Behbehani, Chairman, Investment Banking Division, and Mr. Sarmad Lone, Managing Director.
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About Emirates NBD:Emirates NBD (DFM: Emirates NBD) is the biggest banking group in the Middle East by assets. At 31st December 2008, total assets were Dhs282.4bn and a combined market share of 20.5%.
The Group has a leading retail banking franchise in the UAE, with over 129 branches and over 650 ATMs. It is a major player in the UAE corporate banking arena, with a combined market share of almost a fifth of corporate loans. It also has strong Islamic banking, investment banking, private banking, asset management and brokerage operations.
The Group has operations in the UAE, the Kingdom of Saudi Arabia, Qatar, the United Kingdom and Jersey (Channel Islands), and representative offices in India, Iran and Singapore.
For more information, please contact:
Ibrahim Soweidan
Head - Group External Communications
Emirates NBD
Direct: +971 - 4 - 609 4113
Fax: +971 - 4 - 223 0031
Ramy Lawand
Group External Communications
Emirates NBD
Direct: +971 - 4 - 201 2204
Fax: +971 - 4 - 223 0031
Posted by Siba Sami AmmariWednesday, October 07 - 2009 at 14:20 UAE local time (GMT+4)
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