Alexander Vidyakhin, Vice President of Saber Bank, the largest bank in Russia, said: The bank is looking for new opportunities in the Gulf region, where it intends to expand its services to provide Islamic finance by opening a branch in the Gulf.
According to Al Bayan, Vidyakhin said: We are in talks with the largest Gulf banks and funds, and we see interest in Russian companies, and we are also interested in doing business here in the Gulf in the field of Payments and other investment opportunities. The Central Bank of Russia was founded by the Saber Bank, owns 50% of its capital, and the rest is owned by international investors.
The UAE canceled pre-entry visas for visitors from Russia to it, and the number of Russian tourists to the UAE increased dramatically after that, according to Vidyakhin, adding that Russian tourists to Dubai To spend one night they numbered 678 thousand in 2018, an increase of 28% compared to the previous year, according to official figures. Vidyakhin stressed that the bank is examining the positive aspects of expansion in the Gulf and the Middle East, and if it reaches good results, it will open a new branch in the region.
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