Gary Dugan, Chief Investment Officer, Private Banking, Emirates NBD
Emirates NBD, a leading bank in the region, announced today that the Private Banking Division is the official banking partner of the Russian Business Council, an organisation representing the interests of the Russian business community in the UAE.
The announcement was made alongside the opening ceremony of the official premises of the Russian Business Council, held at the Jumeirah Zabeel Saray, Palm Jumeirah.
“The UAE has been attracting significant interest from Russian investors in recent months, and the establishment of the Russian Business Council will further drive this bilateral relationship,” said Gary Dugan, Chief Investment Officer, Private Banking, Emirates NBD. “Emirates NBD Private Banking is pleased to be named the official banking partner of the council and we look forward to providing the members with our regional expertise and bespoke advisory services.”
Established in late 2010, the Russian Business Council, which is registered with the Dubai Chamber of Commerce and Industry, comprises of representatives from 22 companies of Russian origin with operations in the UAE. The 39th business council to be registered with Dubai Chamber, it has been set up with the objective to help business communities of the UAE and Russia to establish stronger trade ties and contribute to the economic development of both countries.