Appointment of Grishma Kewada as Coface country manager for Singapore03/28/2023
Coface is pleased to announce the appointment of Grishma Kewada as Country Manager for Singapore effective April 1st 2023.
A further tightening of the oil market04/18/2023
In early April, Saudi Arabia, Iraq, the United Arab Emirates, Kuwait, Kazakhstan, Algeria and Oman announced combined oil output cuts of more than 1.1 million barrels per day (b/d), surprising the markets. This commitment follows a first production cut announced in October 2022 by OPEC+. It comes in addition of Russia's decision to cut output by around 500,000 b/d in reaction to the implementation of a EU ban on seaborne imports of Russian oil and oil products.
Silicon Valley Bank’s failure highlights heightened financial stability risks amid monetary tightening03/13/2023
On March 10, California and federal banking regulators shut down Silicon Valley Bank (SVB) and seized its deposits citing both illiquidity and insolvency. This is the 2nd largest failure of a U.S. financial institution after Washington Mutual in 2008.
NATIONAL GENERAL INSURANCE (NGI)
Is one of the leading multi-line Insurers in the United Arab Emirates issuing credit insurance policies based on the Coface Globalliance/ Tradeliner wording.
OMAN INSURANCE COMPANY P.S.C. (“Sukoon”)
is one of the leading insurance solutions providers in the Middle East, headquartered in Dubai, UAE.
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Coface Emirates Services Ltd
Coface Credit Insurance GCC Ltd
701, Emirates Financial Tower (South Tower), DIFC, PO Box 506598, Dubai, UAE
Tel. +971 4 3099 100 Fax. +971 4 3099 198
Email Id: email@example.com