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Monday, December 7 - 2009

Investment experts rush to Bahrain's fund forum on how to benefit from Gulf's trillion dollar market

More than 75 investment experts are to take part in a major conference in Bahrain on investment fund management in the Middle East, supported by the Bahrain Economic Development Board (EDB).

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The Fund Forum Middle East 2009 conference is to be held 19-21 October 2009, at the Diplomat Radisson, SAS Hotel in Manama.

Fund Forum Middle East 2009 has several compelling features designed to make it a must-attend event for fund managers who need to understand the future shape of Middle East investment management in a changing economic environment.

This is especially timely with growth rates for the region expected to reach 4.8% by 2014 and the Gulf market approaching trillion dollars in terms of GDP, rivalling that of India.

The conference will include an opening address by Shaikh Mohammed bin Essa Al Khalifa, Chief Executive of EDB, on investment opportunities in the top emerging markets after the global financial upheavals.

There will be a guest economist address on the Middle East's role in the world and the future for the MENA economy by Simon Williams, Chief Economist of Gulf Markets, HSBC Bank - Middle East.

The conference will also provide industry insight and intellectual takeaway from renowned academics, research analysts and leading financial minds for the most comprehensive overview of the Middle Eastern investment management business.

In the Fund Forum Economic Briefing, attendees will gain an overview of the ever-changing economic climate with some of the region's leading experts.

Shaikh Mohammed bin Essa Al Khalifa, Chief Executive of the EDB which is sponsoring the event, said:
"We are delighted to host Fund Forum Middle East for yet another year. Our region is synonymous with the new world of global fund management and is emerging from the worldwide economic slowdown in a stronger position than most. Bahrain has long been home to fund management in the region and we are delighted to welcome so many esteemed guests to debate the future of the industry across the region."
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Notes and media contacts

About The Bahrain Economic Development Board (EDB)
The Bahrain Economic Development Board (EDB) is a dynamic public agency with an overall responsibility for formulating and overseeing the economic development strategy of Bahrain, and for creating the right climate to attract direct investment into the Kingdom.

The role of the Bahrain EDB is to provide leadership by uniting all of the Kingdom's shareholders through a unified vision, and to develop key strategies for growth. The Bahrain EDB also acts as a facilitator, helping all of Bahrain's stakeholders to understand and adopt the changes necessary for progress. In addition, the Bahrain EDB provides sound project management to ensure that all agreed reform initiatives are implemented in an effective and timely manner.

The Bahrain EDB is also responsible for attracting inward investment into Bahrain, and is focusing on six target economic sectors in which the Kingdom offers significant strengths. These are financial services, downstream industries, tourism, business services, logistics, and education and training.

Further information
Samia Yakub, Bahrain Economic Development Board
Tel: +973 17 589 891

Victoria Geoghegan, Bell Pottinger
Tel: +44 (0)207 861 3925

Tel +44 (0) 20 7017 7200
Fax +44 (0) 20 7017 7807

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