The Dubai International Financial Centre (DIFC) has announced that it will
be hosting a week long programme of conferences at the end of this month, bringing
together leading businessmen and decision makers from across the regional and
international financial industry.
The Dubai Week, to be held in the last week of November, is due to become a
regular feature in the regional and international financial calendar. The week
will include seminars presented by the Hawkamah Institute of Corporate Governance,
Gulf Venture Capital Association, KPMG, Financial Times, MEED and Euromoney.
“In only its second year of operation, the DIFC has grown and is comprised
of leading international and regional institutions who are leaders in their
industries. Their presence contributes significantly to the region’s economies,
providing the expertise and access to capital needed to sustain growth and ensure
future prosperity," noted Dr. Omar Bin Sulaiman, Governor of DIFC.
"The DIFC Week provides a definitive forum for existing and potential
firms to learn more about the key growth areas for financial services in the
MENA region," he added.
Noting that a recent GCC corporate governance survey highlighted a 'gap' in
corporate governance standards compared to international standards, Dr. Nasser
Saidi, Executive Director of Hawkamah said that Dubai Week will lead to a
declaration of intent on raising corporate governance standards.
"This conference provides an opportunity for delegates to gain insight
from some of the world’s leading experts on corporate governance and contribute
toward the Dubai Declaration on Corporate Governance, to be issued on day two,"
he explained.
Richard Banks, Director, Middle East, Euromoney Conferences described the event
as "the single most important date in Dubai’s financial calendar".
"Our conference, now in its second year, brings together the strongest
names in the business as partners, sponsors and participants," he explained.
This year the Euromoney conference will discuss the implications of superabundant
regional liquidity.
Edmund O’Sullivan, Editorial Director, MEED, said that Dubai week provides
the ideal opportunity to discuss the surge in infrastructure project activity
in the region, which has reached record levels. MEED estimates that this market
is now worth over US$1 trillion.
"The resulting business opportunities being created for infrastructure
financiers and other stakeholders is simply unprecedented," he observed.
Meanwhile, the Financial Times Fund Management Conference will cater for funds
and asset managers interested in tapping the region’s growing high net
worth investor pool.
"We are very pleased to be working with the DIFC and helping to make DIFC
Week a success," said Mark Cunnington, Publisher, FTfm.
"As publishers of FTfm, the world's largest circulating Fund Management
publication, it is fitting that we are hosting the inaugural Fund Management
event in the region," he added.