Etihad Airways chooses OpenLink for risk management

By Bizclik Editor

Etihad Airways has selected OpenLink for its commodities, treasury and enterprise risk management, in a move to consolidate its fuel risk management and treasury business into a single strategic platform.

Adam Boukadida, Etihad Airways Deputy Treasurer, said: “As we expand, aligning with a partner who has a proven track record of success is essential. OpenLink was the standout choice as a ‘one-stop’ solution to cater for and support the daily treasury core functions in the most efficient manner, i.e. cash management or funding, in-house banking, trade capture and settlement of foreign exchange, money market, loan, lease, IRS and fuel hedging payments and Islamic equivalents.”

Amer Attar, Director of Business Development, Middle East and Africa at OpenLink commented: "Working with Etihad Airways is a sign of our commitment to the region. This commitment is supported by our expanding presence with a larger team and offices in Dubai, which allows us to develop closer partnerships and additional engagements in the region.”

Follow @BusinessRevME

Read the April 2016 issue of Business Review Middle East magazine

 

Share

Featured Articles

Top 10 largest revenue generating family businesses in MENAT

From the UAE to Turkey, these family firms are the largest by revenue in MENAT and cover everything from energy to entertainment

Top 10 metaverse projects in the UAE, including world firsts

As Accenture predicts the metaverse will fuel a US$1 trilion commerce opportunity by 2025, we round up 10 pioneering metaverse projects in the UAE

PwC’s survey shows Middle East CEOs remain upbeat on growth

CEOs in the Middle East are far more optimistic about regional growth than those in North America and Europe, according to PwC’s annual survey

Opinion: “Why we must tackle the digital skills crisis"

Leadership & Strategy

5 Mins With: Kathryn Kaminsky Vice Chair Trust Solutions PwC

Leadership & Strategy

Survey: The Future of Cloud Security in the Middle East

Technology