GoDubai
  
  
  
  
Citylife > Press Release
  Home Contact us Add to Favourites
Most Recent Postings
More Press Releses
Featured Sections

Event Finder
A daily roundup of exhibitions, promotions and other events in Dubai and the rest of the Emirates.
Submit an Event
Latest Dubai Press Releases >>

 
  Share

21 March 2019, Dubai – Standard Chartered recently announced the launch of the Standard Chartered Belt & Road Relay, the first-ever global running event spanning the Belt and Road initiative. The Relay aims to highlight the Bank's continued commitment to Belt and Road, and the positive impact of the initiative to communities and businesses globally.

The Relay will be led by eight staff athletes from Standard Chartered, selected from the Bank's diverse footprint across Asia, Africa, the Middle East, and Europe and the Americas. These athletes will participate in running events across 44 Belt and Road markets within a 90-day period. 

The Standard Chartered Belt & Road Relay kicked off in Hong Kong on 17 February, in conjunction with the Standard Chartered Hong Kong Marathon. Followed by the UAE stop on 20 March, the Relay will conclude in China on 11 May after the Belt and Road Forum.

The Belt & Road initiative and the opportunities around it, has been a hot topic on the UAE's agenda. Earlier this month, the Crown Prince of Dubai His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum approved and announced the Dubai Silk Road Strategy to focus on enhancing strategic and operational connection of logistics services and build on Dubai's success as a vital trade link between east and west, and north and south. 

Rola Abu Manneh, CEO of Standard Chartered UAE said: “We are very excited to be participating in the first-ever Belt & Road Relay. We have been a supporter of the Belt and Road initiative since day one and as the team representing this region, we are well positioned to help. This country has a solid claim to being the most logical partner for China in the Middle East and Gulf region. Established trade-hub status, market infrastructure, regulatory and government support give China multiple reasons to choose the UAE as a key player in the Belt and Road initiative.” 

“We are always looking for ways to further demonstrate our commitment, raise awareness for the Belt and Road initiative in the UAE, and enhance cross border relations. As an international organisation with a deep-rooted history across Africa, Asia and the Middle East, this initiative is strongly aligned with the footprint of the Bank. Similarly, with its position as trade hub between Asia and Africa, we see a see real benefits to the UAE arising from the Belt and Road project and believe the country can play a key role in promoting this initiative to the world.” she added.

The Belt and Road initiative is core to Standard Chartered. In 2017, the Bank committed additional financing for Belt and Road projects of at least USD 20 billion by 2020, and was involved in more than 50 Belt and Road deals worth more than USD 10billion across a range of products and services.



Posted by : GoDubai Editorial Team
Viewed 5636 times
Posted on : Thursday, March 21, 2019  
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of GoDubai.com.
Previous Story : Oman Insurance Company wins Medical Insurance Company of the Year at 2019 Annual Health Awards
Next Story : Citi launches next generation mobile app in the UAE
Email this article Print this article

Share this article with your friends and followers
NewsVine

Comments

Back to Top  
Most Viewed Press Release posted in the last 7 days
Hackket's Bags of Style
Introducing the Swim and Beachwear Summer Collection from Marks & Spencer
Saint Honore
Chloé Launches The New Cloud-shaped “rosie” Sunglasses
VBQ-presskit-denim-70s Capsule
OMEGA Rocket Engine - Introducing the Master Chronometer Calibre 3861
From the Big Screen to Real Life: Tag Heuer Unveils New Monaco Limited Edition ...
Electricity Most Searched Fuel Energy Term Online in UAE
Ministry of State for FNC Affairs Launches Forum Titled ‘Political Empowerment i...
Ferragramo Cuir
Jaguar Land Rover & Bmw Group Announce Collaboration for Next Generation Electri...
Britain's Greatest Test Driver, Norman Dewis Obe, Passes Away
Aston Martin Produces First Cars at St Athan
BMW Group and Jaguar Land Rover announce collaboration for next-generation elect...
The Gucci Runway Makeup Looks for Cruise 2020
Certina DS PH200M collection'
Backseat battles: kids driving their parents to distraction – and danger on the ...
Kickstart your summer workout with Ibn Battuta Mall's free indoor family Fun Run
Vincitore Realty sells out 108 homes in the Dh375 million Benessere project in j...
The Chaumet Garden of Earthly Delights
Choose the perfect fragrance this Father's Day with Rasasi
ZAAM Launches a spin on their iconic Polyhedron bag
Jaquet Droz Unveils Its 2019 Novelties at Dubai Mall
Happy Father's Day with Tonda 1950 Skeleton
The SS19 Exclusive Edit From Etoile “La Boutique''
Restoration by Parmigiani Fleurier
Hamilton present Ventura collection
Introducing the MK Beach Club Pieces
Eberhard & Co. Alfa Romeo Limited Edition'
Team Abu Dhabi award Cappellini new long-term contract
Forcepoint X-Labs Reveals How Cognitive Bias Leads to Reasoning Errors in Cybers...
Celebrate Father's Day with Marks & Spencer
La Grande Vie by Corum
Dp World, UAE Region's Strategic Solutions Boost the Automotive Sector
Sharjah Department of Statistics and Community Development Calls on Citizens to ...
Aston Martin Ready to Race in the Spirit of '59 as It Honours 60th Anniversary L...
DarkMatter Group Calls for Improved Vigilance as UAE's Cyber-threat Landscape Re...
Schneider Electric Improves Flexibility & Energy Savings with Extended Line of P...
Lukoil Marine Lubricants strengthens its collaboration with KOTC
AMD and Samsung Announce Strategic Partnership in Ultra Low Power, High Performa...
Starbucks carves out giant sand sculpture at La Mer
A year on the road: Saudi Women Create First Women's Car Club in the Kingdom
Add a touch of gold to your skincare regimen for glowing results
Al-Futtaim Lexus launches the innovative Rewards by Lexus Prepaid Card
At Infocomm LG Impresses With New Business Solutions Innovations Led by Micro Le...
Leo Burnett MEA Wins Bee'ah Creative Contract
Musabih heads Dubai Customs delegation to WCO IT/TI Conference & Exhibition in A...
Eid Ul Fitr sales overnight a success
Nissan shares vision for future mobility at CES Asia 2019
HP Opens New 150,000 Square Foot 3D Printing and Digital Manufacturing Center ...