DFM promotes dialogue on 'Global Financial Markets, Challenges and Opportunities' as part of Summit on Global Agenda Councils

The roundtable amassed capital market experts in the UAE along with international experts from the WEF, to freely exchange ideas on the state of financial markets and how they should develop in the future.

Moderated by Essa Kazim, Managing Director & CEO, Dubai Financial Market, the roundtable covered various topics including the macroeconomic environment and the outlook of the global economy, financial market regulations, the similarity and dissimilarity between regional markets and its western counterparts, banks' participation in the financial markets as well as regional markets' performance and outlook.

More than 15 high level established leaders in the development of the capital markets took part in the roundtable discussion including; Abdullah Salim Al-Turaifi, CEO, Securities and Commodities Authority (SCA), Hani Al Hamli, Secretary General, Dubai Economic Council, Ian Johnston, CEO, Dubai Financial Services Authority (DFSA), Hussain Al Qemzi, CEO, Noor Islamic Bank, Hamed Ali, Acting Chief Executive, NASDAQ Dubai and Shehab Gargash, Managing Director - Daman Investments.

Commenting on this successful event, Essa Kazim, Managing Director & CEO, Dubai Financial Market, said, "We are delighted to host this important Global Agenda Councils roundtable discussion on the topic of "Global Financial Markets, Challenges and Opportunities". The roundtable is part of an initiative of the UAE government with the World Economic Forum's Summit on the Global Agenda, which has been held in the UAE every year since the inaugural event in 2008. The Summits, like the World Economic Forum as a whole, are respected worldwide for bringing together thought leaders from a variety of fields to discuss issues ranging from social development and poverty to health and the environment, and of course, the financial markets."

"Finally, we would like to thank all of the speakers for participating in this significant roundtable discussion and we are confident that the invaluable points raised during this event will influence the climate in which substantive decisions are taken by governments and other bodies around the world in relation to the financial markets," he added.