Quotes: MENA   Enter Symbol: NewsLetter: Search: advanced

Al Hilal Bank - Kazakhstan shares banking expertise at TradeInvest Central Asia forum  Join our daily free Newsletter

MENAFN Press - 11/03/2014
No. of Ratings : 0
Add to Mixx!



(MENAFN Press) Al Hilal Bank “ Kazakhstan, the first Islamic bank in Kazakhstan, yesterday (Monday, March 10, 2014) joined a panel discussion on business opportunities in Central Asia at the Trade & Invest Central Asia forum, which took place at the Oberoi Hotel, Dubai. Bank CEO Prasad Abraham delivered a speech on 'Understanding the Central Asian Region' during a session on Doing Business in Central Asia

The panel discussion was a first in a series of monthly events focusing on business opportunities in various regions organized by Trade and Export Middle East magazine in association with Dubai Exports, an agency of Dubai's Department of Economic Development. The event initially explored the Central Asian countries of Kazakhstan, Kyrgyzstan, Turkmenistan, Uzbekistan and Tajikistan

Abraham shared Al Hilal Bank's expertise in Islamic banking and its experiences in operating within the regional and local markets. He also discussed how Islamic finance alongside hydrocarbons, construction and agriculture continue to be key drivers in the growing cooperation between the Middle East and Central Asia

"Over the past few years Central Asia has made phenomenal strides in enhancing its business climate for local firms. Its business-friendly environment now rivals even those of high-income OECD economies. It is definitely a market worth exploring, which is why Al Hilal Bank chose Kazakhstan as its first overseas destination. We are proud to be the first Islamic bank to operate in the Republic and we are eager to share our experiences and expertise as part of bilateral efforts to further bolster business and investment relations between the Middle East and Central Asia," said Abraham

The Trade & Invest Central Asia forum included a Market Briefing from Euromonitor International and hosted Panel Discussions on the Investment Climate and Doing Business in Central Asia. Complete event details are available at http://www.tradeandexportme.com/tradeinvestca

Al Hilal Bank is one of the fastest-growing banks in the UAE. It was founded in 2008 by the Abu Dhabi Investment Council, an investment arm of the Abu Dhabi Government. Al Hilal operates 22 branches and over 120 ATMs across the UAE as well as three overseas branches in Kazakhstan. The award-winning Islamic bank provides Islamic Personal, Corporate, Treasury, Investment, and Wholesale banking services.



About Al Hilal Bank:
Al Hilal Bank was established in June 2008 with an authorized capital of AED 4 billion and is fully owned by the Abu Dhabi Investment Council, the investment arm of the Government of Abu Dhabi. The bank is Shariah compliant and operates through a network of 22 branches strategically located across the United Arab Emirates as well as 3 other branches in major cities of Kazakhstan. Al Hilal Bank aims to become the leading financial institution in the region and is committed to increase the growth of Islamic banking by providing new direction, new technologies and special services.

 


MENAFN Press




  MENA News Headlines
 Aug 3 2015 - GBM Gold pours first gold at Victorian projectProactiveInvestors - Australia
(MENAFN - ProactiveInvestors) GBM Gold (ASX:GBM) has poured first gold mined from its Victorian gold open pit near Dunolly from 2700 tonnes of ore. The ore was processed at the A1 gold processing ...

 Aug 3 2015 - Mobily Q2 net loss hits nearly USD215mMENAFN
(MENAFN) Saudi Etihad Etisalat (Mobily), suffered a net loss of USD215 million during the second quarter of this year as a result of dispute with Zain.The company Exposed to loss in the second ...

 Aug 3 2015 - Dubai spent USD46.2m for water transmission networksMENAFN
(MENAFN) Dubai Electricity and Water Authority (DEWA), launched major water transmission networks with a length of 25km. This project matches Dubai Plan 2021, which pursues economic development, ...

 Aug 3 2015 - GCC Foreign Ministers hold coordination meeting in DohaSaudi Press Agency
(MENAFN - Saudi Press Agency) Foreign Ministers of the countries of the Gulf Cooperation Council held here on Sunday evening a coordination meeting ahead of their joint meeting with US Secretary of ...

 Aug 3 2015 - Saudi Arabian Football Federation holds its regular meetingSaudi Press Agency
(MENAFN - Saudi Press Agency) The board of directors of the Saudi Arabian Football Federation held its regular meeting here on Sunday.During the meeting, the board discussed topics on the agenda and ...

 Aug 3 2015 - Abu Dhabi's Agthia net profit up 20 percent in H1MENAFN
(MENAFN) Food and beverage company Agthia Group net profit for the first half of 2015 rose 20 percent to USD34 million from the same period last year, driven by higher sales and improved margins.The ...

 Aug 3 2015 - Syrian jet crashes into market, 12 killedSaudi Press Agency
(MENAFN - Saudi Press Agency) At least 12 people were killed when a Syrian army fighter jet crashed into a busy marketplace in the opposition-held northwestern town of Ariha on Monday, a monitor ...

 Aug 3 2015 - Qatar's Emir Receives GCC Foreign MinistersSaudi Press Agency
(MENAFN - Saudi Press Agency) Sheikh Tamim bin Hamad Al Thani, Emir of the State of Qatar, received today the Gulf Cooperation Council (GCC) for Arab States' foreign ministers, currently on a visit ...

 Aug 3 2015 - US State Secretary Arrives in DohaQatar News Agency
(MENAFN - QNA) US Secretary of State John Kerry arrives in Doha on Sunday night to take part in a joint meeting with Their Excellencies the Foreign Ministers of the Gulf Cooperation Council (GCC) ...

 Aug 3 2015 - Russian Foreign Minister Arrives in DohaQatar News Agency
(MENAFN - QNA) Russian Foreign Minister Sergei Lavrov arrived in Doha on Sunday night on a visit to the State of Qatar. The Foreign Minister and his accompanying delegation were welcomed upon ...

more...


 






Google

Click to Apply

 
 

Middle East North Africa - Financial Network

MENAFN News Market Data Countries Tools Section  
 

Middle East North Africa - Financial Network
Arabic MENAFN

Main News
News By Industry
News By Country

Islamic Finance News
Private Equity News

How-To Guides
Technology Section

Travel Section

Search News

Market Indices
Quotes & Charts

Global Indices
Arab Indices

Commodoties

Oil & Energy

Currencies Cross Rates
Currencies Updates
Currency Converter

USA Stocks
Arab Stocks
 

Algeria 
Bahrain 
Egypt 
Iraq
Jordan 
Kuwait 
Lebanon
Morocco 
Oman 
Palestine
Qatar 
Saudi Arabia 
Syria
Tunisia 
UAE 
Yemen

Weather
Economic Calendar
Financial Glossary


Financial Calculators

RSS Feeds [XML]

Corporate Monitor

Events

Real Estate
Submit Your Property

Arab Research
Buy a Research

Press Releases
Submit your PR

Join Newsletters


 
© 2014 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help