Dr. Sultan Ahmed Al Jaber, Minister of State of the United Arab Emirates has explored with members of the Board of Directors of Emirates NBD Egypt, a subsidiary of Emirates NBD, areas of potential cooperation particularly in relation to investments in development projects which reflect the U.A.E.’s support to the Egyptian economy.
This came during his meeting today with the board members of the bank headed by Hesham Abdulla Al Qassim, Chairman of Emirates NBD Egypt, Mohamed Hadi Al Hussaini, Board Member Emirates NBD Egypt and Shayne Nelson, Group CEO Emirates NBD Group.
The meeting was also attended by Giel-Jan M. Van Der Tol, CEO Emirates NBD Egypt, Abdulla Qassem, Group Chief Operating Officer Emirates NBD and Board Member Emirates NBD Egypt, Shahinaz Foda, Deputy Managing Director Emirates NBD Egypt, and Saod Obaidalla, Head of Onshore and Royal Accounts Emirates NBD Group.
During the meeting, the attendees discussed the important role the banking sector plays in the stability and growth of the Egyptian economy, and the investment opportunities available for U.A.E. investors in the country. Members of the Board of Directors of Emirates NBD Egypt highlighted their positive experience in Egypt and reiterated the bank’s ambitious plans for the future.
Emirates NBD acquired BNP Paribas subsidiary in Egypt in June 2013, bringing together the bank’s local expertise, customer base and knowledge of the Egyptian market with the regional strength and knowledge of Emirates NBD.
Source : WAM News Agency for United Arab Emirates
