The Business Year

Tarek Elrefai

Senior Executive Officer & Head of Global Client M, BNY Mellon

ON THE GROUND

Dubai is the hub for our product specialists servicing the Middle East. Our office here means we can be on the ground with and in the same time zone as our clients, and enjoy enhanced connectivity to the markets we serve.

HERE TO STAY

We have a strategy for the Middle East and we understand the opportunities and challenges. Our commitment to the region means that we stick around through the good times and the bad, and we have persevered throughout challenging market conditions.

OUTSTANDING SERVICE

BNY Mellon is the largest bank servicing the debt capital markets in the world. We service $12 trillion in outstanding debt, and are involved in every single type of product on the market.

Henry T. Azzam

Advisor, Deutsche Bank

HERE FOR YOU

Our operations here are that of a typical investment bank. We are here to add value and offer investment banking services. We have several businesses that we take care of, the most important of which we call the global markets, where you have brokerage, trading, and hedging, all of which are at the heart of our mission.

A MERGER IN ORDER

The Dubai and Abu Dhabi stock exchanges clearly need to merge to create a bigger entity. Together they could enhance the volume of trading, increase liquidity, and encourage institutional investors to come in.

SPENDING TIME

The hesitancy of the private sector can more than be made up for by the public sector. Governments have considerable amounts of cushion from their previous reserve; they can lead spending.

Jonathan Morris

CEO, Jonathan Morris

FIRST IS BEST

We were the first bank to receive a commercial banking license from the Dubai International Financial Centre (DIFC). We have the most senior management team among international banks in the region.

CORE FOCUS

We provide a wide range of conventional and Islamic wholesale and retail banking services. For our wholesale clients we provide world-class trade finance, clearing and settlement, and cash management services.

LEVERAGING REACH

As an international bank with a focus on the world’s most dynamic markets, we are well positioned to take advantage of the emerging trade and investment corridors of Asia, Africa, and the Middle East.

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