Finance heads pull together to reverse economic downturn

    Dumped value of 'ID':
'180699';

Dumped value of 'images_loop':
[
    {
        'caption' => '',
        'col' => 'picture',
        'name' => 'FST_logo.jpg',
        'url' => '/7/70137-FST_logo.jpg'
    }
];

Over 50 of the leading Middle East finance institutions have just announced a key meeting on how the industry can unite and tackle the current climate.

The FST Summit will be held early this year at the Le Meridien Al Aqah Beach Resort, Fujairah - United Arab Emirates, and will include the heads of technology and business development alongside their respected CEO community. Government officials have also confirmed attendance to ensure that the program will drive immediate value back to their constituencies as well as thought leaders from FSTC association and financial insights.

The finance sector is in the midst of unprecedented transformation. Several factors are driving fundamental change: liberalization and increased competition, strategic mergers and acquisitions, regulatory pressure, systems reliability, convergence, and most obviously dealing with the current crisis.

All of this requires large investment and a unity amongst the sector. If this is achieved new innovation could pave the way for cheaper finance and more jobs within the industry.