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 4111 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
Michael Kors Watches | Summer 2019
Saint Honore Paris
Spring Collection 2019 - Versus Mouffetard
Super-Perfecting Radiance Skincare with FILORGA's OXYGEN-GLOW Range
Longchamp X Nendo A “!” Moment Around Le Pliage®
Color Your World with Wet n Wild Beauty this Spring
Desigual SS19 Collection
Amorepacific Group holds an event for its 1st anniversary in the Middle East
BMW at Auto Shanghai 2019
Your ultimate fragrance gift guide for Ramadan 2019
Coach presents Delancey Collection
Modesty meets festive spirit in Diva Abaya's Ramadan collection.
Tissot Heritage Visodate Quartz
The Region's Most Loved Health & Beauty Brands at Beautyworld Middle East, Thank...
Rob Raco: new FENDI Men's Eyewear Collection Ambassador
IKEA Collection Launch | TÄNKVÄRD
Speedmaster Apollo 11 50th Anniversary Limited Edition
Johnson's participates in Arab Hospitals Federation
Experience a Moment of Pure Joy With Starbucks First Ever Frappuccino Matcha Tea
Al-Futtaim Toyota rewards customers ahead of the holy month of Ramadan
HUGO BOSS watches Legacy Collection
BOLLYWOOD PARKS™ Dubai gets ready for grand Vishu celebrations on April 12th
Catch the free two-time Guinness World Record attraction IMAGINE as it lights up...
Supercharged Innovation: Galaxy S10 encompasses breakthrough camera technology
Enjoy Your Love for Burgers and Arts at Artsy Shacks in Dubai
Escape to a serene Ramadan Iftar at Meze at DoubleTree by Hilton Resort & Spa Ma...
Airport Show remains key B2B platform for Saudi exhibitors
The Beauty Oasis Spa Introduces ‘glowinface' - a First of Its Kind Facial Yoga T...
Express Auto Wash introduces premium new services
AI GolfBots hit the Fairway for ParOne STEAMathalon
Brands For Less brings affordable mid-range brands to Dubai Festival City Mall
Young UAE Karting Star Rashid Al Dhaheri Achieves Podium Success at Prestigious ...
Spend an exciting evening with your family learning about science at Foremarke school
Get Instantly plump and luscious lips with Kocostar's Plump Lips Capsule Mask
Protect your little ones skin during summer time with Fifi & Friends
Yas Waterworld earns Guinness World Records title for “Most Nationalities in a S...
Dubai to host the first-ever Mega City Infrastructure Week
UAE to spend AED 8.8 bn on personal care 2022 with 2.2% annual growth
Caparol Paints rebrands packaging on a ‘go green' drive
Abdul Latif Jameel Energy continues advance in Australia in drive to grow capaci...
CLAUDE MONET Limited Edition Collection
The Asbestos Disease Awareness Organization (ADAO) Launches 15th Annual “Global ...
Al Wahda Mall expands portfolio, retains brands with advanced innovative leasing...
Bayut acquires Lamudi Middle East in aggressive expansion move
Trains, Planes and Automobiles: The Story of Bentley's Innovative Founder
UAE's First Digital Government presents Ajman's Digital Transformation Journey a...
Mohammed Bin Rashid Space Centre and National Geographic Announce Four-Year Part...
LG's Premium Living Space Solutions Impress at Innofest MEA 2019
GUESS Partners with Model Roz To Unveil Its Beautiful New Ramadan Collection
Malabar Group Headquarters (M HQ) wins the Forbes India Design Awards 2019