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NBF leads discussions on financing the evolving energy industry

FUJAIRAH, October 12, 2023

The 11th Energy Markets Forum in Fujairah from October 10 to 11 provided an opportunity for banks, oil and gas producers, traders, storage providers and analysts to gain insights into long-term trends on the energy markets.
 
With many delegates from the UAE, and across the Mena region in attendance at the conference, Bilal Ashraf, Head of Energy & Marine at NBF, hosted a session on the second day, which examined how to finance increasingly complex energy markets. 
 
Commenting on the bank’s participation, Ashraf said: “Our sponsorship and participation reaffirms our position as a leading partner to the energy sector in the UAE and wider region, and we enjoyed the insightful discussions which took place at this year’s Forum.”
 
Key stakeholders
Held under the patronage of His Highness Sheikh Hamad bin Mohammed Al Sharqi, Member of the Supreme Council and Ruler of Fujairah, and organised by Gulf Intelligence, the eleventh edition welcomed key energy stakeholders to share their experiences and expertise under the theme ‘Navigating the Age of Energy Security: Opportunities & Challenges?’.
 
He continued: “As a local bank, we are renowned for our deep energy sector knowledge and long-standing expertise. We understand the banking needs of the industry and this positions us perfectly to work with it as it navigates the energy transition.”
 
With UAE and other Gulf nations playing a key role in global energy affordability and security, a series of breakfast briefings, industry roundtables, professional development seminars, and a plenary session at EMF23 focused on key themes and topics critical to the emirate, including Fujairah’s strategic role as an oil storage hub, and the Port of Fujairah’s contribution to COP28 among others.--TradeArabia News Service
 



Tags: finance | NBF | Trends |

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