New Strategies for New Economic Realities

14.12.2009

Each year Bahrain becomes the most important meeting point for the bankers, investors and businessmen, who work in the Islamic Finance. This business friendly country has gathered the world bankers to hold the 16th World Islamic Banking Conference, which was focused on way of creation of new strategies for new economic realities.

The UDC Holding representatives have visited the Conference and they were the only one Ukrainian company-participant in such large-scale event.

The conference program was full of seminars, where new issues in Islamic Finance were discussed, like the development of strategic markets, creation of financial and regulatory stability in the activities of Islamic banks, standardization of documents and products in Islamic finance. The variety of topics for discussion once again confirms that the Islamic finance are developing and making its contribution to the global economy.

UDC Holding presented not only its Shariah compliant projects, but also the projects in which the company is a developer. Many Arab investors have learned for a first time that Ukrainian companies were interested in cooperation and made significant step in this sphere.

Mr. Leonid Bogdanov, CEO of the UDC Holding, noted: "The Conference has become one of the best platforms to be introduced to the GCC business environment and the place with the largest concentration of Arab investors".




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