CORRECTION - Elite Petro & Gas broadens financial services and signs a deal with Tabarak Investment Capital Limited
October 18 2018 - 5:35PM
Today the President of Elite Petro & Gas, Mr. George Matharu
and the President of Tabarak Investment Capital Limited (Investment
Bank), Dr. Mohamed Ahmadi announced a deal in which the two
companies will use their combined resources to execute physical
commodity trades, and provide banking and finance facilities for
oil and gas transactions.
The alliance between the two entities will also
allow compliance related activities to be carried out from two
major international hubs of London and Dubai. This increases the
international presence of both companies.
Additionally, Elite Petro & Gas (“EPG”) has
recently formed relationships with the owners of a number of high
profile European, South American and Chinese projects, which EPG
and Tabarak can work on together.
Tabarak Investment Capital Limited is a
regulated investment bank by Dubai Financial Services Authority and
incorporated in the Dubai International Financial Centre. Tabarak
supports its clients to expand and improve their Global Wealth
Management and Trading business by providing expert services
through a proven and secure platform.
Elite Petro & Gas is a Finance, Trading and
Advisory firm with a focus on downstream activities in the global
Oil and Gas markets. They are a results-driven business, working
closely with their clients to deliver tangible solutions and
outcomes.
Elite Petro & Gas owned by Kuwaiti
businessman Dr. Faisal Khazaal has made strategic alliances with
Tabarak Investment Capital Limited which have given them access to
Middle East and GCC region. This has given Elite Petro & Gas a
substantial foundation of clients to build on, in addition to
access to the markets that are most in need of the products and
services they offer. The aim of EPG is to facilitate the
commencement and completion of petroleum & gas projects,
stimulate economy, create employment and combat poverty.
“This relationship will serve to enhance our
growing client relationships and business reputation in the Middle
East and Gulf Cooperation Council” Mr. George Matharu, President
and General Manager of Elite Petro & Gas, said.
Dr. Mohamed Ahmadi, President and Executive
Board Member of Tabarak Investment Capital Limited, agreed and
commented that “our Middle Eastern and Gulf Cooperation Council
clients have been doing business in Europe and China for many
decades, and through this alliance we will be able to offer them a
more tailored and personal service”.
Mr. George Matharu and Dr. Mohamed Ahmadi
concluded their statement by saying “We are excited about these
opportunities and cementing our business relationship”.
Elite Petro & Gas – Contact Details –
Elite Petro & Gas(Trademark by Elite Capital & Co.
Limited)33 St. James SquareLondon, SW1Y4JSUnited Kingdom
Telephone: +44 (0) 203 709 5060Facsimile: +44 (0) 203 709
5061SWIFT Code: ELCTGB21
Websitepetro.uk.com
Tabarak Investment Capital Limited – Contact Details
–
Tabarak Investment Capital LimitedOffice 208, Level 2Burj Daman,
West CourtDIFC, Dubai, UAE
Telephone: +971 4 3593700Facsimile: +971 4 3593703SWIFT Code:
TIBIAEAD
Websitetabarak.ae