
Standard Chartered has over six decades in the UAE/Bloomberg
by Kudakwashe MuzoriwaStandard Chartered has expanded its UAE operations with the opening of its new representative office at the Abu Dhabi Global Market (ADGM).
Rola Abu Manneh, the CEO of Standard Chartered UAE, said that the UAE continues to be a strategic market for Standard Chartered and the new ADGM office is an additional step in bringing the bank closer to its clients in Abu Dhabi.
The opening of the new representative office is also a testament to our confidence in the UAE’s position as a global business hub, said Abu Manneh.
Additionally, the bank plans to use the new ADGM office to provide numerous financial services to a wide range of international, local, corporate and institutional clients that are looking to develop regional treasury and liquidity management centres in the UAE.
MOST READ
BUSINESS
Fed rate cuts add pressure on Saudi banksBUSINESS
Aldar to invest AED 2 million in Abu Dhabi...BUSINESS
GCC UHNWIs population to grow by 26 per cent...BUSINESS
ING Groep plans to sell its Turkish unitBUSINESS
Bahrain considers stake sell in oil assetsBUSINESS
SEDCO Capital exits a US real estate investmentBUSINESS
NMC Health hires Moelis for debt restructuringBUSINESS
SABB seeks to boost corporate lendingBUSINESS
Dubai’s W Motors seeks funds to go electricBUSINESS
SHUAA Capital reports a net profit of AED 45...BUSINESS
HSBC considering exiting from TurkeyBUSINESS
Zimbabwe turns to UAE to sell a stake in...BUSINESS
Dubai's DP World buys 44 per cent stake in...