Middle East Financial Market Industry Prepare to Brace for Change
The UAE Financial Markets Association is testing the region's investment bankers, traders, treasury managers and finance professionals to brace for change amidst the increase of populism in the West and the sharing economy expands.
Mohammed Al Hashemi, Chairman of the UAE Financial Markets Organization, organisers of the 42nd ICA Conference, officially opened up the event alongside Taher Khalifa, Chairman of the International Cambist Association (ICA), inviting hundreds of local, regional and international delegates addressing listen to directly from an unique panel of economists and experts.
Delivering a keynote speech, HE Abdul Rahman Saleh Al Saleh, Director General of Dubai Department of Finance, stressed the importance of the ICA conference and its impact on the advancement of the investment arena in the Arab region.
He highlighted the meeting's importance not just for the development of financial investment, but additionally for growth on a specialist, technical and a legal level, which are crucial for forming the attributes of work and entitlements in an effective investment environment, and identify the level of growth when drawing in people and financial investment institutions.
Hosted in collaboration with the ICA and critical partner Emirates NBD, the 42nd ICA Meeting opened up today (Thursday 23 November) at the Sofitel Hotel & Resort, The Palm and runs till Saturday 25 November. This year's theme, Bracing for Change, was selected in light of the lowered assumptions in the global development expectation, the boosting relevance of GCC Sovereign Wealth Funds and evaluating the potential of funding markets.
Among the highlights on the opening day was the key note presentation by Sir Peter Westmacott, British Ambassador to the USA from 2012 to 2016, that went over the significant threats and opportunities in today's uncertain world.
His hour-long speech covered a wide variety of subjects influencing the global markets including the ramifications of President Donald Trump for global events, fake facts and anti-establishment sentiment, the Brexit referendum choice in the UK and political deadlock in Germany, and the current tensions in the Middle East and North Korea.
Ahoud Al Ali, Treasurer at the UAE Financial Markets Association claimed: "Our aim is to help with the connectivity between local and global monetary bodies, in addition to the sharing of concepts and knowledge. We have brought some of the world's foremost analytical financial minds to Dubai this week to take you with a trip of change.
" Our speakers will certainly inspire you to find more about the surge of populism in the West, the global growth expectation, opening up to new ideas and a focus on house grown abilities below in the UAE and GCC."
The first day of the meeting additionally featured a panel discussion on the rise of the sharing economic situation which showcased Jennifer Hansen, Global Head of Sales Strategy & Execution at SAXO Markets, Sara Green Brodersen, Entrepreneur, Chelsea Rustrum, Sharing Economy Author, and David Passiak, Futurist, Innovator and Author, and was moderated by Hormoz Faryar, Head of Institutional Business at Divisa Capital, alongside.
Other other experts consist of Colin Ellis, Managing Director and Chief Credit Officer EMEA at Moody's Investors Solution; Rachel Pether, CFA Charterholder and a Senior Advisor to the Sovereign Wide Range Fund Institute Christopher Dembik, head macro expert at SAXO Bank; Huw Pill, Chief European financial expert and co-head of the European Economics group at Global Financial investment Research; Joo Pedro Goncalves, Financial Economist, LSE UNDP; Carla Slim, Chief Financial Expert at Criterion Chartered Bank; Michael Creed, Senior Manager, Plan and Technique, Dubai Financial Services Authority, among many others.
The 42nd ICA Seminar is supported by Strategic Partner Emirates NBD, Gold Enrollers FAB (Initial Abu Dhabi Bank), ICAP Middle East and Murex, Silver Enrollers ADIB and Tullett Liberty (Bahrain) and Bronze Sponsor SAXO MARKETS. Even more information on registering to go to is offered on www.icaconference.com.
Captions:
1. The 42nd ICA Conference opened today at the Sofitel The Palm and runs to 25 November
2. Ahoud Al Ali, Treasurer at the UAE Financial Markets Association
