DIB participates in UAE Trade Exhibition in India

More than 10,000 senior decision makers from some 70 UAE-based companies have been booked to take more than 2,500 square metres at the show. DIB delegates will meet government officials and business leaders at the exhibition to discuss opportunities that could facilitate trade between the UAE and India and further strengthen ties between the two nations.

Saad Abdul Razak, Deputy Chief Executive Officer at DIB, said: "Enhancing trade links between the UAE and India will have a positive impact on the development of the UAE's economy. The UAE is a major player in the world's re-export market while India has one of the biggest markets in the world.

"The bank realises the importance of this trade link and is highly supportive of efforts to further it, especially since the first exhibition was such a huge success and produced unexpectedly positive responses from businesses on both sides. It led to more than $13 billion of contract and trade projects."

Saad Abdul Razak is leading a high-powered DIB delegation that includes Mr. Wassim Saifi, Senior Vice President and head of retail and business banking, along with senior officials from DIB.

The exhibition aims to foster and enhancing existing trading relations between the two countries and identify opportunities. Saad Abdul Razak said: "This exhibition will act as a catalyst to increase trade flows and create new trade channels between the two countries.

"We at DIB firmly believe that this event can have a positive influence on both countries economy. We are pleased to be in a position to work with various businesses to facilitate Indo-UAE trade."