The novel coronavirus disease 2019 (COVID-19) outbreak was a major shock for the global economy, with severe uncertainty about the duration and intensity, disrupting production, trade and business. The UAE economy is being affected by the spread of COVID-19 as well as the sharp decline in oil price.
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Theodoros Kringou FCG
A self-motivated entrepreneur with a proven record of high revenue growth and market share for a growing services solution company. Achievements range from expanding the company to a large well known international organization with an innovative and pro-active customer focused approach, to management and team development.
Mr Theodoros Kringou received his education at St Francis College in Brooklyn, New York, where he received a B.Sc. in Management and later completed his MBA at the Maastricht School of Management.
His professional career started in 1995 as a Business Information Executive at Amer World Research Ltd, and from 1996 until 2001, he worked in several key positions at The Bank of Cyprus Factors Ltd including Credit Collections Officer, Credit Assessment and Business Information Officer and later as Business Information Manager. During 2001-2004 he worked in BOC Ventures Ltd as an Investment Consultant.
Mr Theodoros Kringou is the Founder and Managing Director of Infocredit Group Ltd and ICG Middle East Commercial Services DMCC (Dubai, U.A.E.). In addition he is the Master Franchisee of Presse Café in Cyprus, Director of The CorPro Ltd and First Cyprus Credit Bureau Ltd (FCCB).
Mr Theodoros Kringou is a Member of the Board of Directors of the Nicosia Chamber of Commerce and Industry (NCCI) since September 2011 and also a member of the Board of the Cyprus Mediation Association. He is also involved in several Business Associations including the Cyprus-GCC Business Association and the Cyprus-Russian Business Association.
In November 2013, Mr Theodoros Kringou became a Certified Mediator.
In November 2017 he became Fellow of The Chartered Governance Institute(FCG)
The COVID-19 outbreak is a major shock for the global economy. Many countries have already adopted or are adopting measures to increase the capacity of their health systems and provide relief to those citizens and sectors that are particularly impacted
More than 70% of the companies are estimated to have losses.
The coronavirus outbreak is affecting hundreds of thousands of people. It is not only a life-threatening disease but it is also having a growing impact on the global economy. It is an evolving unpredictable situation having a major impact on companies.