• HSBC
Page navigation Browse related articles

DIFC to promote increased UAE-India trade and investment at its first business conference in the subcontinent

  • United Arab Emirates: Tuesday, October 27 - 2009 at 13:49
  • PRESS RELEASE

The bilateral benefits of increased collaboration in banking, finance, investment and trade between the UAE and India will be the focus of a DIFC-organised conference to be held on Thursday, 29 October 2009 in Mumbai.

HE Dr. Omar Bin Sulaiman, Governor of the Dubai International Financial Centre and Vice Chairman of the UAE Central Bank, will lead the DIFC delegation, which includes a number of the region's eminent business leaders, at the day-long conference that is co-organised by the Federation of Indian Chambers of Commerce and Industry.

HE Dr. Omar Bin Sulaiman will deliver a Key Note Address at the event while HE Kamal Nath, Union Cabinet Minister of Road Transport and Highways will deliver the Lunch Key Note Address;and HE Vayalar Ravi, Union Cabinet Minister of Overseas Indian Affairs will deliver the Inaugural Note. In addition HE Mohamed Sultan Abdulla Al Owais, UAE Ambassador to India will deliver a Key Note Address.

"The fraternal and commercial relationship between our two nations is already extremely strong and important to both our economies. Given the exceptionally complementary nature of the Indian and UAE markets, and the changing global economic landscape that enhances the benefits of bilateral engagement, it is an opportune time to explore the many opportunities for greater collaboration in the areas of banking, finance and investment,"

Dr. Omar Bin Sulaiman said ahead of the conference.

Titled 'The India-UAE Partnership: Investments, Opportunities and Synergies', the conference will explore ways that Indian companies can tap into Gulf liquidity, benefit from the DIFC's world-class legal and regulatory infrastructure and gain from DIFC's position as a gateway for capital between Asia and Europe. The delegation also endeavours to deepen the banking and financial services links between the UAE and India, and enhance cooperation at the institutional level between the UAE and Indian business communities.

In addition to HE Dr Omar Bin Sulaiman, the DIFC delegation to India includes Abdulla Mohammed Al Awar, CEO of DIFC Authority; Dr Nasser Saidi, Chief Economist, DIFC Authority; Paul Koster, Chief Executive, Dubai Financial Services Authority, Jeff Singer, Chief Executive NASDAQ Dubai; Essam Al Tamimi, Senior Partner, Al Tamimi & Company; Peter Hodgins, Partner, Clyde & Co; Prarthna Chaddha, Associate, Clyde & Co; and Suresh Kumar, CEO, Emirates NBD Capital Ltd.

The conference seeks to reach a wide audience of Indian banking and financial services market participants, including banks, brokerage houses, law firms, insurance companies and family businesses.
HE Dr. Omar Bin Sulaiman.
HE Dr. Omar Bin Sulaiman.
Enlarge »
Article Options
Log in to request more information from DIFC

Notes and Media Contacts »

About DIFC:
The Dubai International Financial Centre (DIFC) is an onshore hub for global finance. It bridges the time gap between the financial centres of Hong Kong and London and services a region with the largest untapped emerging market for financial services. In just four years, over 800 firms have registered at DIFC. They operate in an open environment complemented with world-class regulations and standards. DIFC offers its member institutions incentives such as 100% foreign ownership, zero tax on income and profits and no restrictions on foreign exchange. In addition their business benefits from modern infrastructure, operational support and business continuity facilities of uncompromisingly high standards.

Contact:
Shaima Al Zarouni
Assistant PR Manager
Dubai International Financial Centre
Tel: +971 4 362 2432


Nova Ghadri
Media Executive
Dubai International Financial Centre
Tel: +971 4 362 2499

Disclaimer »

Articles in this section are primarily provided directly by the companies appearing or PR agencies which are solely responsible for the content. The companies concerned may use the above content on their respective web sites provided they link back to http://www.ameinfo.com

Any opinions, advice, statements, offers or other information expressed in this section of the AMEinfo.com Web site are those of the authors and do not necessarily reflect the views of AME Info FZ LLC / Emap Limited. AME Info FZ LLC / Emap Limited is not responsible or liable for the content, accuracy or reliability of any material, advice, opinion or statement in this section of the AMEinfo.com Web site.

For details about submitting your stories, please read the guide - all content published is subject to our terms and conditions