Arab Today, arab today russia\s sberbank and abu dhabi\s invest ad sign strategic cooperation agreement
Last Updated : GMT 13:57:49
Arab Today, arab today
Arab Today, arab today

Russia\'s sberbank and Abu Dhabi\'s invest AD sign strategic cooperation agreement

Arab Today, arab today

Arab Today, arab today Russia\'s sberbank and Abu Dhabi\'s invest AD sign strategic cooperation agreement

Moscow - WAM

Russia's largest bank, Sberbank, and Abu Dhabi financial services company Invest AD signed an agreement on Friday to cooperate on investment in the Russian and the Middle East markets. According to the agreement, signed in Russia's capital city Moscow, Sberbank and Invest AD will introduce their clients to opportunities in their respective capital markets, private equity, and trade finance. The two institutions will also give each other legal support and share market research. The agreement builds on a relationship stretching back to 2009, when Invest AD joined Sberbank in an investment in a ski resort that will host the 2014 Winter Olympics near Sochi, in the Krasnaya Polyana region. "Today Sberbank is a global banking group with a presence in the leading financial markets: Russia, C.I.S., Europe and Asia," Sberbank President and Chief Executive Officer Herman Gref said after signing the agreement. He added, "The Middle East is in every respect a strategic region for global policy and finance and we intend to develop an active presence there. Now we are exploring an opportunity of working there, and we realise that to be effective and successful, we need to have a trusted and transparent partner with strong local knowledge and expertise. We have been cooperating with Invest AD in Russia for a number of years, thus our partnership stood the test of time. Therefore we jointly decided to widen our cooperation and set ambitious goals." Invest AD's Chief Executive Officer, Nazem Fawwaz Al Kudsi, said the partnership with Russia's biggest bank would add great value to Invest AD's clients. "Sberbank is a great bank with a strong ownership, rich history and compelling vision, and we are honoured to be partners with them. We look forward to extending their clients' reach into the Middle East and Africa, and to encouraging investment flows from the Middle East into the exciting opportunities available in the fast-growing Russian economy," he added.  

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today russia\s sberbank and abu dhabi\s invest ad sign strategic cooperation agreement Arab Today, arab today russia\s sberbank and abu dhabi\s invest ad sign strategic cooperation agreement

 



Arab Today, arab today
Arab Today, arab today Fadi explains secrets of  Nancy Ajram's newlook

GMT 18:23 2017 Friday ,24 February

Fadi explains secrets of  Nancy Ajram's newlook
Arab Today, arab today Tourist guide explains types of tourism

GMT 18:28 2017 Saturday ,25 February

Tourist guide explains types of tourism
Arab Today, arab today Expresses Algerian history by woody figures

GMT 13:26 2017 Friday ,24 February

Expresses Algerian history by woody figures
Arab Today, arab today Iran complying with nuclear deal

GMT 07:14 2017 Saturday ,25 February

Iran complying with nuclear deal
Arab Today, arab today Ayat Abaza says state TV presented major stars

GMT 03:52 2017 Sunday ,26 February

Ayat Abaza says state TV presented major stars

GMT 14:44 2017 Saturday ,25 February

China overtakes US as Germany’s top trade partner

GMT 05:53 2017 Saturday ,25 February

Global sovereign debt to hit new all-time high

GMT 05:17 2017 Saturday ,25 February

Oil world cautious on Trump’s next move

GMT 09:59 2017 Friday ,24 February

Baidu revenue slips anew amid ad clampdown

GMT 05:20 2017 Thursday ,23 February

WTO ratifies first multilateral trade deal
View News in Arabic - Business: نفط وبتروكيماويات
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Reading therapy relieves mental disorders

GMT 15:39 2017 Friday ,24 February

Reading therapy relieves mental disorders
Arab Today, arab today UK appoints 1st Scotland Yard chief in 188 years

GMT 05:14 2017 Thursday ,23 February

UK appoints 1st Scotland Yard chief in 188 years
Arab Today, arab today Penguins in the age of dinos

GMT 11:44 2017 Saturday ,25 February

Penguins in the age of dinos
Arab Today, arab today Pluto's unruly moons

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons
Arab Today, arab today 'Constructive' Vauxhall talk with union

GMT 08:54 2017 Saturday ,25 February

'Constructive' Vauxhall talk with union
Arab Today, arab today Tesla back into red but revenue grows

GMT 07:27 2017 Thursday ,23 February

Tesla back into red but revenue grows
Arab Today, arab today Ola Ghanem hopes to work with M.Ramadan

GMT 07:23 2017 Friday ,24 February

Ola Ghanem hopes to work with M.Ramadan
Arab Today, arab today Ex-yoga missionary unleashes rage

GMT 12:16 2017 Thursday ,23 February

Ex-yoga missionary unleashes rage

GMT 06:08 2017 Thursday ,23 February

Actress Lobna Abdel Aziz proud of her career

GMT 12:35 2017 Tuesday ,21 February

63-Year-Old Woman Delivers Baby

GMT 22:42 2017 Thursday ,23 February

Nasima Gamei revives heritage in jewelries

GMT 10:28 2017 Wednesday ,22 February

Milan laughs while Rome cries

GMT 20:33 2017 Friday ,17 February

To release new antiques collection

GMT 10:20 2017 Thursday ,23 February

Brazil's top diplomat resigns

GMT 11:54 2017 Thursday ,23 February

Saudis await visitors but will they come?

GMT 13:12 2015 Saturday ,09 May

Sheikh Sultan opens Sharjah Centre

GMT 20:02 2017 Tuesday ,21 February

Nohan Seyam designs beautiful accessories
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday