Pakistan Property Show returns to Dubai

The 2017 Pakistan Property Show was also held at the Dubai World Trade Centre
Updated 10 September 2018
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Pakistan Property Show returns to Dubai

Pakistani property portal Zameen.com is set to take the country’s real estate market international again with the latest edition of its Pakistan Property Show in Dubai. 

Zameen.com has organized 14 property expos across Lahore, Karachi, Islamabad and Dubai to date. The latest event is scheduled to be held at Za’abeel Hall 5 of the Dubai World Trade Centre on Sept. 14-15, and marks the second time Zameen.com will organize the show at this venue. 

Last year’s event saw over 14,000 overseas Pakistanis flock to the Dubai World Trade Centre to interact with over 50 exhibitors from across Pakistan showcasing their projects and services at the event.

The 2017 show was inaugurated by Dubai Land Department Director General Sultan Butti bin Mejren, while Pakistan’s Ambassador to the UAE Moazzam Ahmad Khan and Sheikh Abdul Aziz bin Jamal Al-Qasimi of the ruling family of Sharjah also visited the event. 

This year, the event will host more than 60 exhibitors from all over Pakistan. The show will feature projects and exhibitors from Lahore, Karachi, Islamabad, Peshawar, Multan, Gujranwala, Faisalabad and Gwadar, among others, so overseas Pakistanis from all regions of the country will be able to find something that interests them. 

The event’s top sponsors include Eighteen and Green Earth Real Estate.


Emirates NBD opens branch in Alkhobar

Updated 20 September 2018
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Emirates NBD opens branch in Alkhobar

Emirates NBD, a banking group in the Middle East, has expanded its presence in the Kingdom with the opening of its first branch in Alkhobar in the Eastern Province. Emirates NBD now covers three key regions in Saudi Arabia with a presence in Riyadh, Jeddah and Alkhobar. 

As Saudi Arabia progresses plans for economic reform, in line with its Vision 2030, Emirates NBD’s presence builds on the growing economic and trade ties between Saudi Arabia and the UAE. Following the establishment of the Saudi-Emirati Coordination Council, the UAE and Saudi Arabia recently announced The Strategy of Resolve, a joint vision for economic development through 44 joint strategic projects within a five-year time frame. 

UAE-based Emirates NBD is the first non-Saudi bank with a significant branch network across the Kingdom. The bank offers retail, private, business and wholesale banking across its network of three full-fledged branches in the Kingdom, in addition to corporate finance advisory, project and syndicated finance through Emirates NBD Capital KSA, the bank’s investment banking arm.

Emirates NBD also operates in Egypt, India, Singapore, and the UK with representative offices in China and Indonesia. 

“Our presence in Saudi is integral to Emirates NBD’s growth strategy as we continue to explore opportunities in the GCC region’s largest and most dynamic economy,” said Hesham Abdulla Al-Qassim, vice chairman and managing director of Emirates NBD. 

“Saudi Arabia is in the midst of a landmark economic transformation and we look forward to continuing to support Saudi individuals and businesses looking for a trusted banking partner.” 

Emirates NBD recently renewed its partnership with the Kingdom’s Kafalah Program, which aims to promote financing to small and medium enterprises (SMEs) within the country.

Loai Abduljawad, CEO of Emirates NBD KSA, said: “Emirates NBD’s expanded network strengthens our offering to individuals and corporates in Saudi Arabia looking to invest and trade across the MENA region and beyond. Our superior value proposition, built on the bank’s unique ‘high tech + high touch’ philosophy of offering customers a modern banking experience complemented by personalized advisory services, will enable us to strengthen customer acquisition in the Kingdom as we continue to support the country’s long-term growth and development goals, as outlined in Saudi Vision 2030.” 

Emirates NBD is a leading banking group in the region. As of June 30, 2018, its total assets were 477.5 billion dirhams, ($130 billion). The group has a significant retail banking franchise in the UAE and is a key participant in the global digital banking industry, with over 90 percent of all financial transactions and requests conducted outside of its branches. The bank was declared the “Most Innovative Financial Services Organization of the Year” at the 2017 BAI Global Innovation Awards.