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Exclusively for Standard Chartered clients, the event presents a robust programme that will provide participants with the valuable insight, outlook, commentary and networking opportunities to further understand the challenges and seize opportunities that are present in the current climate.
The forum will also provide the Bank's clients a platform to interact directly with the Financial Markets senior management and product specialists, gaining local insights and global expertise while having their immediate concerns addressed. Famed investor Jim Rogers who co founded the Quantum Fund will participate in the Dubai forum as a guest speaker.
Hong Kong and India will host successive forums in coming months.
Lenny Feder, Group Head of Financial Markets, Standard Chartered Bank said:
"In the current backdrop of uncertainty, we are pleased and proud to have created this opportunity to bring our senior management even closer to our clients in these key markets. At Standard Chartered, we are focused on working closely with our clients to provide world-class, innovative solutions for continued growth. In this challenging economic environment, more and more clients are relying on our experience and expertise to help them unlock and more effectively manage their risks and liquidity. These forums provide the perfect platform for us to demonstrate our client centric strategy and to share our expertise in providing solutions."
Speaking at the Forum, Abdulla Al Awar, Managing Director of the DIFC Authority said: "The ongoing financial crisis offers an opportunity for the GCC region to focus on building its economy and domestic markets. The GCC also has an opportunity to play a more prominent role in the global economy as it is one of the few regions with significant reserves of liquidity and a stable banking sector. The crisis is expected to speed up the launch of the GCC Monetary Union, which can be a major contributor to new financial architecture that will emerge out of the crisis.
For DIFC, the crisis SERVES AS AN opportunity to take centre stage and complement, if not replace, the role so far played by the world's major financial centres. DIFC can serve as a channel for capital flows between emerging economies and mature markets. Due to the global financial crisis, a significant portion of oil wealth is likely to be invested in the region, which will spur regional development. DIFC can potentially play a key role in channelling these funds through financial markets."
Posted by Nadeen El Ajou
