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Press

ACCI signs MoU with Coface, NGI

ACCI signs MoU with Coface, NGI

October 17, 2016

The Ajman Chamber of Commerce and Industry (ACCI) has signed a Memorandum of Understanding (MoU) with Coface Emirates Services and National General Insurance Company (NGI) to extend trade credit solutions and risk management services to member companies of the Chamber. The agreement, signed by Abdullah Omar Al Marzouqi, Executive Director of Membership Registration and Transactions Services at Ajman Chamber, and Massimo Falcioni, Chief Executive Officer for Middle East at Coface, aims to support the Chamber members that have existing or are planning to expand into trade business, providing a safer business environment.

 

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Dubai Chamber workshop focuses on trade credit management solutions

Dubai Chamber workshop focuses on trade credit management solutions

June 15, 2016

 

As part of its Business Beyond Borders Series launched earlier this year, the Dubai Chamber of Commerce and Industry in cooperation with Coface and NGI organised a workshop on Trade Credit Management Solutions, at the Chamber premises recently.

 

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UAE better covered from oil price decline

UAE better covered from oil price decline

July 11,2016

 

The UAE has facing economic headwinds from decline in oil prices and global economic events from mid-2013 but the economy is expected to rebound from the second half of this year according to two research reports from credit insurance firm Coface and Credit Suisse, respectively.

 

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UAE tourism investments to hit Dh 28.2b

UAE tourism investments to hit Dh 28.2b

July 12, 2016

 

Visitor spending in the UAE is set to increase by 3.3 per cent in 2016 as the country is on track to attract more than 15 million foreign visitors, while tourism investments are poised to rise by 2.8 per cent to reach Dh28.2 billion in 2016, according credit insurance leader Coface.

 

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Coface strengthens UAE presence with new DIFC insurance licence

Coface strengthens UAE presence with new DIFC insurance licence

September 7, 2016

 

Coface, the worldwide leader in credit insurance, has obtained a new company licence from the Dubai Financial Services Authority (DFSA) to offer insurance management and intermediation services in the Dubai International Financial Centre (DIFC), strengthening its presence in the UAE through insurance services. 

 

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Coface gets new DIFC insurance licence

Coface gets new DIFC insurance licence

September 9, 2016

 

Coface, a world leader in credit insurance, has obtained a new company licence from the Dubai Financial Services Authority (DFSA) to offer insurance management and intermediation services in the Dubai International Financial Centre (DIFC), strengthening its presence in the UAE through insurance services.  

 

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Coface strengthens UAE presence with new DIFC insurance licence

Coface strengthens UAE presence with new DIFC insurance licence

September 7, 2016

 

Coface has obtained a new company licence from the Dubai Financial Services Authority (DFSA) to offer insurance management and intermediation services in the Dubai International Financial Centre (DIFC), strengthening its presence in the UAE through insurance services.

 

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Dubai Chamber workshop focuses on turning Africa risks into rewards

Dubai Chamber workshop focuses on turning Africa risks into rewards

March 24, 2016

 

First of the Business Beyond Borders series to support trading with Africa is launched in cooperation with Coface.

 

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DCCI launches ‘Business Beyond Borders’

DCCI launches ‘Business Beyond Borders’

March 24, 2016

 

As part of its efforts to explore the Africa market, the Dubai Chamber of Commerce and Industry (DCCI) launched the Business Beyond Borders Series entitled Africa — Turn Risks Into Rewards workshop in cooperation with Coface at the Chamber premises on Wednesday.

 

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Forecasting Egyptian opportunities

Forecasting Egyptian opportunities

February 2016 

 

A strategic geographical location combined with a growing environment of business opportunity makes Egypt an attractive market for global investors, business owners and entrepreneurs. The following feature takes a closer look at the immense possibilities…

 

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Firms in insurance, reinsurance services rewarded

Firms in insurance, reinsurance services rewarded

February 10, 2016

 

Coface Emirates Services, the UAE arm of the world’s leader in trade credit management solutions and risk information services, has been presented the Best Trade Credit Management Solutions Provider award at the Mena Insurance Review Awards 2016, held recently at a local hotel in Dubai.

 

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Egypt GDP growth seen at 4.4% in 2015-2016

Egypt GDP growth seen at 4.4% in 2015-2016

November 16, 2015

Improved political stability, economic reforms, foreign investment supporting recovery: Coface

 

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Credit insurer Coface expects fast growth in Middle East

Credit insurer Coface expects fast growth in Middle East

November 16, 2015

The French trade credit insurer Coface expects to help more companies in the Middle East to access funding and its credit exposure in the region to rise by 30 per cent next year as projects increase.

 

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UAE to post strong growth of 3.1%

UAE to post strong growth of 3.1%

October 28, 2015

DUBAI: According to Coface, a worldwide leader in trade credit management and risk information solutions, the UAE economy will post strong growth of 3.1 per cent in 2015, very close to the GCC GDP growth forecast of 3.2 per cent. Saudi Arabia is expected to grow by 2.5 per cent.

 

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In Discussion with Coface chief economist Julien Marcilly

In Discussion with Coface chief economist Julien Marcilly

October 28, 2015

Global chief economist of French advisory firm Coface, Julien Marcilly joins us in the studio to discuss global business trends and risks with a regional focus.

 

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UAE economy among most diversified in GCC

UAE economy among most diversified in GCC

October 28, 2015

The UAE economy is one of the most diversified among the GCC countries and will post 3.1 per cent gross domestic product (GDP) growth this year despite lower oil prices, according to an expert.

 

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Dubai Exports, Coface sign MOU to promote export and trade in UAE

Dubai Exports, Coface sign MOU to promote export and trade in UAE

October 28, 2015

Dubai Exports, the export promotion agency of the Department of Economic Development – Government of Dubai, signed a Memorandum of Understanding (MoU) with Coface, the Compagnie Française d’Assurance pour le Commerce Extérieur, for co-operation in promoting trade and export. 

 

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Coface UAE economy to post strong growth of 3.1% in 2015

Coface UAE economy to post strong growth of 3.1% in 2015

October 28, 2015

Coface Country Risk Conference discusses the impacts of low oil prices, economic diversification, and greater integration with global trade in the region’s economy

 

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Mr.Massimo Falcioni's interview on CNBC Arabia

Mr.Massimo Falcioni's interview on CNBC Arabia

October 29, 2015

CNBC Arabia interview's Mr. Massimo Falcioni, Head of Middle East Countries at Coface.

 

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Dubai Exports and Coface sign MOU to promote export and trade in UAE

Dubai Exports and Coface sign MOU to promote export and trade in UAE

October 28, 2015

Dubai Exports, the export promotion agency of the Department of Economic Development – Government of Dubai, today signed a Memorandum of Understanding (MoU) with Coface, the Compagnie Française d’Assurance pour le Commerce Extérieur, for co-operation in promoting trade and export.

 

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UAE economy to post strong growth of 3.1% in 2015

UAE economy to post strong growth of 3.1% in 2015

October 28, 2015The importance of economic diversification, increased global trade, and foreign assets for the GCC countries was highlighted at the Coface Country Risk Conference yesterday.
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Falling oil prices: the reaction of the GCC countries

Falling oil prices: the reaction of the GCC countries

14 September,2015

Sharp decline in oil prices reveals the importance of economic diversification.

 

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Oman, Bahrain ‘most affected’ by oil price slump

Oman, Bahrain ‘most affected’ by oil price slump

14 September,2015

Oman and Bahrain are the most affected, while Saudi Arabia, UAE, Kuwait and Qatar, in the GCC are less impacted by the lower oil prices, an industry expert said.

 

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GCC economies hit by oil price drop, to grow 3.4% in 2015

GCC economies hit by oil price drop, to grow 3.4% in 2015

September 14,2015

The UAE and Saudi Arabia have fared better than their GCC counterparts because of economic diversification, says report.

 

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مجموعـة كوفيس تعين ماسيمو فالتشيوني رئيساً لأعمالها في الشرق الأوسط

مجموعـة كوفيس تعين ماسيمو فالتشيوني رئيساً لأعمالها في الشرق الأوسط

10 September,2014

Coface has appointed Massimo Falcioni as head of Middle East countries.

 

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Coface strengthens organisation in the region, with appointment of Massimo Falcioni as Head of Middle East countries

Coface strengthens organisation in the region, with appointment of Massimo Falcioni as Head of Middle East countries

September 10,2014

In line with its growth strategy, Coface has announced the appointment of Massimo Falcioni as Head of Middle East countries.

 

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Coface strengthens organisation in the region, with appointment of Massimo Falcioni as Head of Middle East countries

Coface strengthens organisation in the region, with appointment of Massimo Falcioni as Head of Middle East countries

September 10,2014

Coface strengthens organisation in the region, with appointment of Massimo Falcioni as Head of Middle East countries.

 

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Coface appoints Middle East head

Massimo Falcioni appointed Head of Middle East

September 10,2014

Coface has appointed Massimo Falcioni as head of Middle East countries.

 

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10 upstarts hot on the heels of Brics economies

Gulf News

March 31, 2014

Indonesia, Bangladesh and Ethiopia are among 10 countries set to take over as emerging economies from the powerful Brics nations as they struggle with growing pains, a French credit body said on Tuesday.

 

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The safety net

The safety net

February 24, 2013

An increase in cross border trade is a result of globalisation and melting borders. But this globalisation has also brought with it increased risks and uncertainties. To ensure that trade takes place smoothly, we have companies like Coface, which provide us with the assurance we need.

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Gulf companies want paperwork, not handshake to seal the deal

Gulf companies want paperwork, not handshake to seal the deal

March 14, 2013

After generations of being content to agree a business transaction with a nod of agreement or a simple cash payment, traders in the UAE and Gulf region are increasingly looking for texts and titles to underpin trust.

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Coface predicts UAE trade credit insurance market to grow 50% in two years

Coface predicts UAE trade credit insurance market to grow 50% in two years

March 15, 2013

 

Trade credit insurance in the UAE is expected to grow by 50 per cent within two years in terms of volume of transactions covered, according to a report
.

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Country Risk Conference Coverage

Country Risk Conference Coverage

April 14, 2013

 

Watch a interview of Coface Emirates Services Country Manger Mr. Gregory Lehenand.

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Coface maintains its Country Risk Assessment for the GCC

Coface maintains its Country Risk Assessment for the GCC

April 15, 2013

 

While Risk environment and business climate continues to deteriorate in South European countries, Coface is nevertheless maintaining its country risk assessment for GCC

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Trade insurance to help cash-strapped UAE firm

Trade insurance to help cash-strapped UAE firm

April 16, 2013

 

Trade insurance to help cash-strapped UAE firms

 

 

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'UAE growth is built on solid foundations', says expert

'UAE growth is built on solid foundations', says expert

April 16,2013 

The UAE's recovery is "well underway" according to an expert from the country's biggest bank who on Monday revealed the lender expects the economy will grow at a faster rate in 2013 than last year.

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Coface Quarterly 'Panorama Sectors'

zawya

September 30, 2013 

 

Coface downgrades its credit risk assessment in three business sectors: chemicals, pharmaceuticals and automotive Chemicals, pharmaceuticals and automotive: increased credit risks in Europe

 

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