Emirates NBD main sponsor of Indian trade fair in Jeddah

Emirates NBD — Saudi Arabia successfully participated in the Indian trade fair held recently in Jeddah.
Mohammed Shahid Alam, India’s deputy consul general in Jeddah, and Loai Abdul Jawad, CEO of Emirates NBD in Saudi Arabia, opened the trade fair.
The banks’ participation comes as a key sponsor of this exhibition, which aims to boost cooperation and trade relations between India and Saudi Arabia.
Speakers from Saudi Arabia and India took part in a number of workshops on the value added tax, Saudi Vision 2030 and trade exchanges.
Loai Abdul Jawad, CEO of Emirates NBD- Saudi Arabia, said: “The bank’s participation in this exhibition is a reaffirmation of our commitment to achieving the objectives of the Kingdom’s Vision 2030, as well as being a platform for discussing joint investment opportunities and exchanging ideas and experiences among businessmen from India and Saudi Arabia to help create business opportunities and new opportunities for young generations and to promote bilateral cooperation in various fields and sectors. “
Emirates NBD has also marked the commencement of operations in India with the inauguration of its first branch in Mumbai.
The branch will offer a range of services to corporate, SME and institutional clients including trade finance, treasury services, bilateral and syndicated loans in addition to supporting non-resident Indian customers looking for cross-border wealth management solutions.
“Building on the bilateral strong historic, cultural and commercial ties between UAE and India, we are truly delighted to open our new branch in Mumbai in order to expand our footprint to India as part of the Emirates NBD strategic planning for successful geographical expansion,” said Loai Abdul Jawad.