Addax to sponsor key Middle East leadership conference

Addax Bank has announced its sponsorship of this year's 'Leaders in Dubai Business Forum'.

Bahrain: Wednesday, November 14 - 2007 at 08:21
PRESS RELEASE

Yousef Al-Essa, Chief Executive Officer, Addax Bank.

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Addax Bank will be one of the headline sponsors of the regional conference, which will be held at the Dubai International Convention Centre from November 18-20.

The 'Leaders in Dubai Business Forum' is renowned as one of the most important annual events for the region's business leaders, featuring eminent speakers from around the world and providing delegates from the Gulf's business community with key networking opportunities.

Last year, Yousef Al-Essa, Chief Executive Officer, Addax Bank was selected to participate in the inaugural 'Al Rouad' panel at the 'Leaders in Dubai Business Forum'. Al- Essa represented Bahrain on the panel which was set up to facilitate a debate on best business practices and new leadership across corporate Arabia.

'The 'Leaders in Dubai Business Forum' is the Middle East's foremost annual gathering of the region's business leaders, opinion- formers and thinkers. Over the years the conference has grown from strength to strength and has become an essential tool in helping to shape the future of business, finance and leadership in the Arab world and beyond,' said Yousef Al- Essa, Chief Executive Officer, Addax Investment Bank.

'We are delighted to partner with the 'Leaders in Dubai Business Forum 2007' as headline sponsor; we look forward to engaging in stimulating debate about the challenges that face our region as we map out our strategy for the future of business in the Middle East,'

Al-Essa added.

Confirmed speakers for this year's 'Leaders in Dubai Business Forum 2007' include 2006 Nobel Peace Prize winner Professor Muhammad Yunus, Sir Richard Branson, Steve Forbes and Kofi Annan.

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About Addax Bank

Addax Bank was formed in 2003 and has been involved in a number of high profile deals in the region.

Addax Bank's landmark deals include:

he structuring and placement of the $150m deal to finance 20 Express by Holiday Inn hotels across six countries in the GCC

Participation with Dubai International Capital and other lead investors in creating JD Capital, a $300m company targeting investment opportunities in Jordan.

The launch of Nuzul Holdings, in collaboration with The Ascott Group of Singapore, to acquire and manage a chain of serviced residences throughout the Middle East and North Africa

The launch of Addax Media BSC- Addax Media is a holding company that focuses on investing in innovative, high-quality media productions. Addax Media's first production 'Khalid Bin Waleed' was aired on 6 channels including MBC and Dubai Television during Ramadan 2006.

The launch of Addax Education Holdings (AEH), a holding company, established in partnership with a team of education and private equity professionals to invest and manage education and education related businesses across the GCC, Middle East and North Africa.

The launch of Addax Capital in the Kingdom of Saudi Arabia.

The placement of a $50m deal capital raise fund the expansion of Eos Airlines, a premium flight airline serving the transatlantic travel market.

Awards won in 2007 include:

'Best New Bank' in 2007 by Banker Middle East

Euromoney, the world's leading financial markets magazine, recently launched the Liquid Real Estate Awards to cover the global developments in real estate finance and capital markets. Addax Bank won both 'Best Investment Bank in Bahrain' and 'Best Bank for Equity Services in Bahrain' for 2007 for its outstanding contribution to global real estate finance.

Posted by Anne-Birte Stensgaard, Senior News Editor
Wednesday, November 14 - 2007 at 08:21 UAE local time (GMT+4)

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