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Arab Finance – Connecticut hosts a high-level Iraqi financial delegation to enhance regional cooperation


Connecticut hosts a high-level Iraqi financial delegation to enhance regional cooperation

Arab Finance: In a strategic move that highlights its regional leadership in the financial sector, it hosted a group Contact Financial Holdings A high-level delegation from the Iraqi financial sector, as part of a visit that included several Egyptian financial institutions, led by the Financial Supervision Authority, aims to expand the horizons of joint cooperation and exchange experiences and visions to enhance economic integration between regional financial markets.

The visit came with the support and coordination of the German Agency for International Cooperation (GIZ) Egypt, which played a pivotal role in providing this exceptional opportunity. The German Agency for International Cooperation (GIZ) works on behalf of the German government, as one of the most prominent bodies working in the field of international cooperation for sustainable development, as it seeks to enhance the capabilities of regional institutions and support cross-border partnerships.

The visit received a warm reception from Saeed Zaatar, CEO of the Group, in the presence of an elite group of directors of subsidiaries and heads of major sectors in Connecticut, who conducted presentations and discussion sessions with members of the delegation. The sessions focused on reviewing Connecticut's innovative financial solutions and discussing ways of cooperation that support sustainable development in the region.

The delegation included representatives of prominent Iraqi institutions working in the fields of finance, banking and financial services, which allowed for rich discussions on effective operating models and the latest financial solutions that meet the needs of individuals and companies in different markets. These interactive sessions witnessed a review of the experiences of both sides, and an exchange of visions that contribute to enhancing financial inclusion and expanding the scope of innovative solutions in the region.

Through this meeting, Contact Financial Holding Group highlighted its broad capabilities and expertise that represent added value to regional markets. She also stressed that its success is not limited to providing financial solutions, but also includes its role in supporting regional integration, transferring knowledge, and building bridges of cooperation that contribute to creating a more comprehensive and innovative financial environment.

In this context, Zaatar, CEO of Contact Financial Group, stressed the importance of such initiatives, saying:

“Exchanging experiences between regional financial institutions constitutes a fundamental pillar for achieving sustainable development and promoting financial inclusion. We in Connecticut are committed to continuing our role as a catalyst for economic development by providing innovative solutions that support individuals and institutions, and open the way for new partnerships that contribute to the development of the region.”

Then he added, “The choice of Contact to be one of the main stations within the program of the delegation's visit to Egypt came as a result of its leadership in the field of non-banking financial services, and its pivotal role in developing this sector in the Egyptian market, which reflects its position as a successful model to be inspired by at the regional level.”

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