Oct 29 2009
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DIFC promotes ties with India
Thursday, Oct 29, 2009
Dubai The bilateral benefits of increased collaboration in banking, finance, investment and trade between the UAE and India will be the focus of a conference organised by the Dubai International Financial Centre ( DIFC ) which is to be held today in Mumbai.
Dr Omar Bin Sulaiman, Governor of the DIFC and Vice Chairman of the UAE Central Bank, will lead the DIFC delegation, which includes a number of the region's eminent business leaders, at the day-long conference co-organised by the Federation of Indian Chambers of Commerce and Industry.
Sulaiman will deliver a keynote address at the event while Kamal Nath, Union Cabinet Minister of Road Transport and Highways will deliver the lunch keynote address and Vayalar Ravi, Union Cabinet Minister of Overseas Indian Affairs will deliver the inaugural note. In addition Mohammad Sultan Abdullah Al Owais, UAE ambassador to India, will deliver a keynote address.
Titled "The India-UAE Partnership: Investments, Opportunities and Synergies", the conference will explore ways that Indian companies can tap into Gulf liquidity, benefit from the DIFC 's world-class legal and regulatory infrastructure and gain from the DIFC 's position as a gateway for capital between Asia and Europe.
The delegation also endeavours to deepen the banking and financial services links between the UAE and India and enhance cooperation at the institutional level between the UAE and Indian business communities.
In addition to Sulaiman, the DIFC delegation to India includes Abdullah Mohammad Al Awar, chief executive officer of the DIFC Authority; Dr Nasser Saidi, chief economist, DIFC Authority; Paul Koster, chief executive, Dubai Financial Services Authority, Jeff Singer, chief executive Nasdaq Dubai; Essam Al Tamimi, senior partner at Al Tamimi & Company; Peter Hodgins, partner at Clyde & Co; Prarthna Chaddha, associate at Clyde & Co; and Suresh Kumar, chief executive officer at Emirates NBD Capital Ltd.
The conference seeks to reach a wide audience of Indian banking and financial services market participants, including banks, brokerage houses, law firms, insurance companies and also family businesses.
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