News Column

Euromoney to examine Kuwait banking's future

August 24, 2014

Arab News, Jeddah, Saudi Arabia

Aug. 24--JEDDAH -- In less than just three weeks, the sixth annual Euromoney Kuwait Conference will open with keynote addresses from Minister of Finance Anas Al-Saleh and Central Bank of Kuwait Gov. Mohammed Al-Hashel.

With 'New dynamics of finance and investment' as its theme, the event will focus clearly on the recent developments in the Kuwaiti financial sector. The conference will feature one-to-one interviews with the new leaders of major Kuwaiti banks, including Omar Alghanim of Gulf Bank, Hamad Al-Marzouq of Kuwait Banking Association and Anwar Al-Mudhaf of Ahli United Bank.

It will focus on key questions, including whether the banks will thrive under new leadership and will Kuwaiti banks stay competitive despite the situation in the eurozone and new Basel III regulations.

Among the experts in geopolitical risk and real estate investment confirmed to speak at the conference will be Michel Accad of Al-Ahli Bank of Kuwait, Ahmed Zulficar of Ahli United Bank, Thomas McManus of Lazard Asset Management, Mohammed Al-Saqqaf of United Real Estate Company and Joseph Morris of Knight Frank.

Speakers will examine whether the Kuwaiti real estate market is consumer or investment demand-driven and what this means for the long-term development of the sector. There will also be presentations given by Ahmed Barakat, managing partner at ASAR-Al Ruwayeh & Partners, and Ralph Acampora, director of technical analysis at Altaira Ltd.

With over 350 policymakers, senior bankers, and finance and business professionals registered to attend the conference already, the annual conference promises to be a great opportunity for networking and gaining new insight into the Kuwaiti and regional markets.

Richard Banks, director of emerging markets at Euromoney Conferences states: "There have been many changes -- both positive and negative -- since we were last here in 2013. We believe that our agenda and our participants will give an insightful, informative and entertaining overview of the Kuwaiti and regional marketplace to our high-level audience of financiers, policy-makers and investors."

Policymakers, bankers, and finance and business professionals are particularly expected to attend the conference.


(c)2014 the Arab News (Jeddah, Saudi Arabia)

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Source: Arab News (Saudi Arabia)

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