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Abu Dhabi - The National Bank of Abu Dhabi (NBAD) in cooperation with CPIorganised a roundtable on Abu Dhabi Vision 2030 and SMEs at the Etihad Towers, Abu Dhabi.
SME is one of the fastest growing segments in the UAE economy and supporting it is a strategic goal for the government of the UAE and Abu Dhabi Vision 2030.
Abu Dhabi Vision 2030, the comprehensive economic plan already in the making, offers rich opportunities for SMEs. It emphasises the role of public and private sectors partnerships, with opportunities in various business areas such as infrastructure, financial services, IT and professional services.
The roundtable aims to make participants aware of the key infrastructure programmes and the role of public and private sector partnership, opportunities for SMEs in different sectors as well as providing tips to develop a highly skilled and productive workforce.
Senior representatives from the Ministry of Economy, NBAD,and CEOs of prominent SMEs shared their views at the roundtable.
"NBAD is an integral part of the UAE and we are playing a crucial role in its future; we are committed to supporting Abu Dhabi 2030 Vision, which aims to develop Abu Dhabi into a world-class hub of commerce and culture. NBAD's objective in organising this roundtable emanates from our belief in the vital role of SME and we aim to further support entrepreneurialism and investment skills among UAE-based SMEs who are a key to the future progress of the UAE," said Abdulla Al Otaiba, the Senior Managing Director and Group Head of Global Retail & Commercial Banking at NBAD.
NBAD believes that banks can play a vital role in developing the talents and skills from a grassroots level, which in the long-run nurtures entrepreneurial spirit and a financially vibrant society.
"NBAD's success in establishing strong and lasting relationships with clients is founded in the Bank's strategy to be core to customers and grow with them by providing exceptional products and services". Mr.AlOtaiba said.
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About NBAD
The National Bank of Abu Dhabi (NBAD), the leading bank in the Middle East and one of the 50 safest banks in the world, has one of the largest networks in the UAE as well as branches and offices in 18 countries stretching across five continents from the Far East to the Americas.
A comprehensive financial institution, NBAD offers a wide range of banking services and products to all segments of clients. NBAD grows strategically toward its vision to be recognised as the World's Best Arab Bank.
Since 2009, NBAD has been ranked one of the World's 50 Safest Banks by Global Finance magazine, which also ranked NBAD the Safest Bank in the Emerging Markets and Middle East.
NBAD is rated senior long term/short term AA-/A-1+ by Standard & Poor's (S&P), Aa3/P1 by Moody's, AA-/F1+ by Fitch, A+ by Rating and Investment Information Inc (R&I) Japan, and AAA by RAM (Malaysia) , giving it one of the strongest combined rating of any global financial institution.
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© Press Release 2015
