Latest news with #Jean-ChristopheCaffet
Gulf Today
15-04-2025
- Business
- Gulf Today
Coface revises global GDP forecast to around 2%
Inayat-ur-Rahman, Business Editor Coface, a global leader in trade credit insurance, debt collection, and business information services, has revised the global GDP growth forecast to around 2 per cent in 2025 due to the US tariffs. Coface successfully concluded its exclusive conference in Dubai on Tuesday. The event convened leading voices from the financial, insurance, and technology sectors for an insightful discussion on the challenges and opportunities shaping global trade and risk management in 2025. Jean-Christophe Caffet, Coface Group Chief Economist told Gulf Today that the main concept behind hosting the conference is to educate the world about the impacts of US tariffs on the world economy. He predicted that world economy will grow around 2 per cent this year lowering the previous forecast of 2.4 per cent due to US tariffs. He urged different countries of the world to adopt the policy of negotiations and refrain from retaliation strategy in order to avoid the worst recession. He mentioned that 'the 'great moderation', which is the economic golden age we have been experiencing over the last 30 years, characterized by robust economic growth, low inflation, and weak volatility, is definitely over. 'The current trade war will lead to significant supply chain disruptions, lower growth, and higher inflation, hence to a more stagflationary and volatile environment. Higher for longer interest rates remain a base case. Except, obviously, if something breaks in the financial sector. Corporate insolvencies are up, driven up by pressures on operating margins and a rise in interest expenses. They should continue increasing in the coming quarters, if not years'. 'The Country Risk Conference is Coface's flagship event, bringing together clients, top executives, brokers, leading business experts, and economists to examine the key risks businesses face today,' said Sandrine Sarikey, CEO Middle East at Coface. 'Our goal is to deliver crucial insights into the geopolitical, economic, and technological trends that will shape tomorrow's business landscape. Through our trade credit insurance, debt collection, and business information services, Coface remains committed to helping companies navigate complex markets with confidence and clarity.' Senior executives, financial analysts, and regional business leaders attended the conference which addressed the pressing need for robust risk mitigation strategies in the face of economic volatility, geopolitical instability, and supply chain disruptions. Coface executives shared their findings from the company's latest economic outlook report, detailing global and regional trends, sector risk assessments, and tailored solutions to support businesses in navigating uncertainty with influential local business people, journalists and trade specialists.
Al Etihad
15-04-2025
- Business
- Al Etihad
UAE's location offers strategic edge amid changing global trade dynamics: Coface
15 Apr 2025 17:42 ABU DHABI (WAM)Coface, a company specialising in trade credit insurance, debt collection, and business information, said that the UAE holds a unique strategic position, placing it at the forefront of beneficiaries amid the current shifts in global trade to WAM on the sidelines of the 'Country Risk Conference'', organised by the company in Dubai, Jean-Christophe Caffet, Coface Group Chief Economist, emphasised that the UAE serves as a vital bridge between East and West — a key advantage that strengthens its role in international supply noted that this positioning offers the UAE a significant competitive edge, particularly in today's global trade environment characterised by rising tariff highlighted the robust foundations of the UAE economy and its steady progress in enhancing resilience to global praised the country's agility and innovation as core strengths that position it favourably amid what he described as a 'historic acceleration' in global economic Country Risk Conference focused on strategies to boost corporate resilience and examined the challenges facing global trade in the context of geopolitical tensions and the rapid pace of digital transformation. The conference was attended by a distinguished group of leaders and experts from the financial, insurance, and technology sectors, who engaged in in-depth discussions on the key challenges and opportunities reshaping the global trade and risk management landscape in 2025.
Zawya
09-04-2025
- Business
- Zawya
Coface to host country risk conference in Dubai to discuss global trade and risk management trends for 2025
Dubai, UAE – Coface, a global leader in trade credit risk management, will hold its Country Risk Conference at the prestigious One & Only Royal Mirage Hotel in Dubai on April 15th 2025. The Country Risk Conference is Coface's recognized flagship event gathering every year top business experts and economists to analyze the major risks that companies face today. Featuring a panel of prominent speakers, the event will provide essential information on the global trends - geopolitical, economic and technological - that will shape the business landscape in the months ahead. The organization of the Dubai edition benefits from the invaluable support of our partner Sukoon Insurance. Navigating Uncertainty in Global Trade For over 75 years, Coface has been at the forefront of trade credit insurance, debt collection, and business information services, helping businesses worldwide grow and thrive in uncertain economic conditions. Today, Coface supports 100,000 clients across approximately 200 markets, offering solutions to develop business, both domestically and abroad, through an effective credit risk management. As businesses grapple with economic instability, supply chain disruptions, and evolving financial risks in 2025, this press conference will serve as a crucial platform to address these challenges from both a regional and global perspective. Jean-Christophe Caffet, Coface Group Chief Economist, will drive us 'into the wild', providing a global outlook on latest trends and the scenarios of global commerce, while Seltem İYİGÜN , Coface Senior Economist for the Middle East and Türkiye, will focus on the challenges of the Middle East amid rising global uncertainties. This year's agenda also includes a round table on the Economic Impact of Artificial Intelligence, with a panel of experts and business leaders analyzing the risks and opportunities of generative AI in business and trade. 'With geopolitical and economic uncertainties on the rise, businesses must adopt proactive risk management strategies,' said Sandrine Sarikey, Country Manager GCC & Egypt 'This event will serve as a valuable forum for exchanging deep insights from seasoned experts and local business leaders to help companies navigate today's challenges and secure their financial future. At Coface, we continue to closely monitor the evolution of trade with the aim of supporting businesses operating in complex markets through targeted risk management solutions.' Jean-Louis Laurent Josi CEO SuKoon said ' In an ever – challenging economic landscape, understanding and managing risks and trade credit risk in particular is a necessity and Coface Country Risk Conference is an event that can give insights and guidance to companies. As we strive to become reference in the region for excellent customer service, the attention to our clients is a key element of each business lines' Coface's mission is to help businesses navigate complex financial environments by providing innovative solutions and expert insights. This conference in Dubai underscores the company's dedication to fostering secure and profitable trade worldwide, equipping businesses across the Middle East region with the tools and knowledge they need to thrive in 2025 and beyond. COFACE: FOR TRADE As a global leading player in trade credit risk management for more than 75 years, Coface helps companies grow and navigate in an uncertain and volatile environment. Whatever their size, location or sector, Coface provides 100,000 clients across some 200 markets. with a full range of solutions: Trade Credit Insurance, Business Information, Debt Collection, Single Risk insurance, Surety Bonds, Factoring. Every day, Coface leverages its unique expertise and cutting-edge technology to make trade happen, in both domestic and export markets. In 2024, Coface employed ~5 236 people and recorded a turnover of ~€1.84 billion.
Zawya
09-04-2025
- Business
- Zawya
Coface to host Country Risk Conference in Dubai
ubai, UAE – Coface, a global leader in trade credit risk management, will hold its Country Risk Conference at the prestigious One & Only Royal Mirage Hotel in Dubai on April 15th 2025. The Country Risk Conference is Coface's recognized flagship event gathering every year top business experts and economists to analyze the major risks that companies face today. Featuring a panel of prominent speakers, the event will provide essential information on the global trends - geopolitical, economic and technological - that will shape the business landscape in the months ahead. The organization of the Dubai edition benefits from the invaluable support of our partner Sukoon Insurance. Navigating Uncertainty in Global Trade For over 75 years, Coface has been at the forefront of trade credit insurance, debt collection, and business information services, helping businesses worldwide grow and thrive in uncertain economic conditions. Today, Coface supports 100,000 clients across approximately 200 markets, offering solutions to develop business, both domestically and abroad, through an effective credit risk management. As businesses grapple with economic instability, supply chain disruptions, and evolving financial risks in 2025, this press conference will serve as a crucial platform to address these challenges from both a regional and global perspective. Jean-Christophe Caffet, Coface Group Chief Economist, will drive us 'into the wild', providing a global outlook on latest trends and the scenarios of global commerce, while Seltem İYİGÜN , Coface Senior Economist for the Middle East and Türkiye, will focus on the challenges of the Middle East amid rising global uncertainties. This year's agenda also includes a round table on the Economic Impact of Artificial Intelligence, with a panel of experts and business leaders analyzing the risks and opportunities of generative AI in business and trade. ' With geopolitical and economic uncertainties on the rise, businesses must adopt proactive risk management strategies,' said Sandrine Sarikey, Country Manager GCC & Egypt ' This event will serve as a valuable forum for exchanging deep insights from seasoned experts and local business leaders to help companies navigate today's challenges and secure their financial future. At Coface, we continue to closely monitor the evolution of trade with the aim of supporting businesses operating in complex markets through targeted risk management solutions.' Jean-Louis Laurent Josi CEO SuKoon said ' In an ever – challenging economic landscape, understanding and managing risks and trade credit risk in particular is a necessity and Coface Country Risk Conference is an event that can give insights and guidance to companies. As we strive to become reference in the region for excellent customer service, the attention to our clients is a key element of each business lines' Coface's mission is to help businesses navigate complex financial environments by providing innovative solutions and expert insights. This conference in Dubai underscores the company's dedication to fostering secure and profitable trade worldwide, equipping businesses across the Middle East region with the tools and knowledge they need to thrive in 2025 and beyond. COFACE: FOR TRADE As a global leading player in trade credit risk management for more than 75 years, Coface helps companies grow and navigate in an uncertain and volatile environment. Whatever their size, location or sector, Coface provides 100,000 clients across some 200 markets. with a full range of solutions: Trade Credit Insurance, Business Information, Debt Collection, Single Risk insurance, Surety Bonds, Factoring. Every day, Coface leverages its unique expertise and cutting-edge technology to make trade happen, in both domestic and export markets. In 2024, Coface employed ~5 236 people and recorded a turnover of ~€1.84 billion. Press Contacts: Antonella Vona: Sandrine Sarikey For more information, visit COFACE SA is listed on COmpartment A of Euronext ISIN Code: FR0010667147 Since July 25, 2022, COFACE SA certifies its communications. You can check their authenticity on
