Oxford Business Group and Emirates NBD renew partnership for 2013 publication
- United Arab Emirates: Monday, June 11 - 2012 at 12:32
- PRESS RELEASE
Dubai's efforts to drive growth in key areas of its economy, including retail, trade and tourism, will be mapped out in a forthcoming report to be published by the global publishing, research and consultancy firm Oxford Business Group (OBG).
OBG will team up with Emirates NBD for its forthcoming project. The collaboration, which marks a fourth year of partnership for the two Groups, will see Emirates NBD work closely with OBG to compile the Banking Chapter of The Report: Dubai 2013.
Emirates NBD is the largest bank in the UAE, offering services across the core business fields of retail and corporate banking. The bank is also a major player in Islamic finance, while providing services in investment, treasury, brokerage and private banking, together with asset management.
OBG's Regional Editor Oliver Cornock said he expected the Group's 2013 publication to provide detailed analysis of the measures Dubai is introducing to bounce back from the global economic crisis.
"Dubai has a number of strengths, including a politically stable climate, rising real estate affordability and strong tourism and service industries, which are serving as important building blocks in its efforts to attract new investors," he said.
"With regional unrest still a concern among the global business community, Dubai is well placed to regain the ground it lost during the downturn and reaffirm its position as a preferred destination for investors."
Cornock also welcomed Emirates NBD on board for the Group's 2013 project, highlighting the valuable contribution the Bank has made during its partnership with OBG over the years.
"We expect the banking sector to be in the spotlight this year as Dubai looks to address key issues such as clarifying its bankruptcy and financial restructuring regulations," he said.
"Emirates NBD's experts are well versed in the mechanisms of the UAE's financial services sector and the part the industry is playing as a driver of economic growth. Our renewed collaboration with the bank will once again strengthen our coverage of the emirate's changing economic landscape and help ensure that The Report: Dubai 2013 provides business leaders with the data they need to make their investment decisions."
Rick Pudner, Group CEO of Emirates NBD, was upbeat about Dubai's efforts to regain momentum in its economic expansion, pointing out that first-quarter results looked promising.
"Emirates NBD is privileged to contribute significantly to the important role that the banking sector plays in Dubai's plans for growth and figures show its economy is heading in the right direction," he said.
"I look forward to analysing these trends in Oxford Business Group's important report and playing a part in highlighting the significant developments taking place in Dubai's financial services sector."
The Report: Dubai 2013 will be a vital guide to the many facets of the emirate, including its macroeconomics, infrastructure, banking and other sectoral developments. It will be available in print or online.
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