EXISTING MARKETS
TBY talks to Promoth Manghat CEO, UAE Exchange, on the sector.
Since taking over the leadership of UAE Exchange, how have you transformed the vision of the company?
Since becoming CEO in 2014, I have aspired to turn the UAE Exchange into a truly global business. In 2014, we took an inorganic route when we acquired Travelex, a large foreign exchange company with a strong presence in Europe and the Americas. This move proved beneficial for our business, since we already had a strong presence in MENA and Southeast Asia, going from 28 countries to our current coverage of 43 markets. Through Travelex we gained market access to countries such as the UK, US, Turkey, Australia, and Brazil.
What markets are you planning to enter and what are your projects for 2017?
Our primary focus is our existing markets and working to ensure our services are available through as many channels as possible. We launched our online services in Kuwait in 2014 and in Qatar in 2015; we hope to do the same in the UAE soon. Elsewhere, we secured a banking license in France with a view to launching a virtual bank and are looking toward several markets in Africa and Asia.
EXISTING MARKETS
TABLE OF CONTENTS
Guest Speaker
Mohammad Sanusi Barkindo, Secretary General , Organization of Petroleum Exporting Countries (OPEC)
TBY talks to Mohammad Sanusi Barkindo, Secretary General of the Organization of Petroleum Exporting Countries (OPEC), on mutual cooperation between the UAE and OPEC and hosting the World Oil Outlook (WOO) launch in Abu Dhabi.
read articleFocus: Female Empowerment
On the road to equality
Today the UAE stands as a beacon in the fight for female empowerment in the Gulf. The country has adopted an inclusive agenda to further integrate women into the highest levels of management in public and private entities, rewritten part of its legislation to reorient it toward gender equality, and designed programs to foster the creativity of a growing number of female entrepreneurs.
read articleInterview
Khalifa Bin Salem Al Mansouri, Undersecretary , Department of Economic Development – Abu Dhabi (ADDED)
TBY talks to Khalifa Bin Salem Al Mansouri, Undersecretary of the Department of Economic Development – Abu Dhabi (ADDED), on its plans to make the Emirate a better place to do business, the new industrial plan, and how it is fostering innovation.
read articleInterview
Mohammed Ahmed Bin Abdul Aziz Alshehhi, Undersecretary , Ministry of Economy of the UAE
TBY talks to Mohammed Ahmed Bin Abdul Aziz Alshehhi, Undersecretary of the Ministry of Economy of the UAE, on the value of creativity, the development of the industrial sector, and supporting SME development.
read articleInterview
Khaldoon Khalifa Al Mubarak, Group CEO & Managing Director , Mubadala Investment Company
TBY talks to Khaldoon Khalifa Al Mubarak, Group CEO & Managing Director of Mubadala Investment Company, on how the merging of two key investment entities will drive Abu Dhabi's diversification strategy.
read articleFocus: Knowledge Economy
Turning the ship around
The government of Abu Dhabi, in coordination with the Executive Council, is investing heavily in a shift from an oil-based economy to a knowledge-based economy, where information supersedes commodities and the highest form of capital is human capital.
read articleInterview
Rashed A. Al Blooshi, Chief Executive, Abu Dhabi Securities Exchange (ADX)
TBY talks to Rashed A. Al Blooshi, Chief Executive of Abu Dhabi Securities Exchange (ADX), on the powers of blockchain technology, strengthening bankruptcy law, and enhancing Abu Dhabi's position as a global finance hub.
read articleInterview
Philippe Ghanem, Vice Chairman & CEO , ADS Securities
TBY talks to Philippe Ghanem, Vice Chairman & CEO of ADS Securities, on confirming Abu Dhabi's place in the global financial sun, the importance of smart and predictable regulation, and having had the foresight to diversify before the oil crash.
read articleInterview
Ali Vezvaei, President, Middle East & North Africa of Linde Engineering,
TBY talks to Ali Vezvaei, President, Middle East & North Africa of Linde Engineering, on tying one's belt in trying times, the smart combination of technology and operational elements, and building a blueprint for the CO2 eco-system.
read articleInterview
Mansour Al Mansoori, Director General , National Media Council (NMC)
TBY talks to Mansour Al Mansoori, Director General of the National Media Council (NMC), on the changing nature of media consumption in the UAE, developing local content, and improving literacy in the Emirates.
read articleFocus: MAQTA GATEWAY
Bridging outwards
One of the core pillars of the Abu Dhabi Vision 2030 is to enable economic diversification and growth. Abu Dhabi Ports made its own contribution to this vision by launching the Maqta Gateway in 2014, a port community system that integrates functions and sectors of trade into a single platform.
read articleInterview
Saif Mohammed Al Suwaidi, Director General, UAE General Civil Aviation Authority (GCAA)
TBY talks to Saif Mohammed Al Suwaidi, Director General of UAE General Civil Aviation Authority (GCAA), on opportunities in the sector and GCAA's contributions to the development of aviation in Abu Dhabi.
read articleFocus: International Business Universities
Bringing in the experts
The development of a highly skilled and developed workforce is an integral part of Abu Dhabi Vision 2030 and one of the seven pillars upon which the future economic development of the Emirate lays. Education has therefore been placed in the spotlight as one of the key areas to keep a close eye on.
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