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Banks and EDB chief economist Dr Jarmo Kotilaine addressing a press conference at the
EDB office in Seef district

Major GCC financial forum opens in Bahrain

MANAMA, February 24, 2015

Euromoney Conferences, organisers of the fourth GCC Financial Forum, announced yesterday (February 23) that two top banks, the National Bank of Bahrain (NBB), Bank of Bahrain and Kuwait (BBK) and the Oil and Gas Holding Company (nogaholding) have signed up as lead sponsors of this year's event.

The two-day high-profile event, co-hosted by the Economic Development Board (EDB), starts today at the Sofitel Bahrain Zallaq Thalassa Sea and Spa, said a report in the Gulf Daily News (GDN), our sister publication.

Besides the two banks, other organisations participating as sponsors for this year's forum include: Gulf Finance House, as Islamic banking partner, Mumtalakat, Bahrain Bourse and Bahrain Development Bank as co-sponsors, Tamkeen as the strategic Partner; Baker & McKenzie and Citi as exhibitors; BNP Paribas and Sico Investment Bank and Standard Chartered as supporting organisations.

Media partners include: Arab Banking and Finance.com, Bahrain Association of Banks, Daily News Egypt, Gulf States News, Sovereign Wealth Centre and The Gulf magazine.

"We are proud to say that we have leading banks, financial institutions, government organisations and the media who have partnered with us again this year as sponsors for the 4th GCC Financial Forum," Euromoney Conferences director of emerging markets Richard Banks said.

"This is a testament of the excellent platform the forum provides for gaining financial insights and learning global trends through top-level presentations and panel discussions from national leaders, financial counsellors, practitioners and experts in the industry."

Transportation and Telecommunications Minister and EDB acting chief executive Kamal Ahmed said high-profile events such as this conference helped to highlight opportunities not just in Bahrain, but also in the GCC, and start important conversations about the current financial climate.

The forum is expected to attract a high-level audience of financial experts and professionals from the region, with top senior business heads and government officials keen to discuss and debate the future direction of the region's financial services.

More than 600 leading international and regional financial experts from finance, investment, government, and regulatory organisations and businesses from 18 countries are expected to attend the event.

A major highlight of the forum will be an exclusive session, an Open Town-Hall discussion with Central Bank of Bahrain Governor Rasheed Al Maraj.

This is a new and interactive format which will allow audience members to put their questions directly to the Governor.

In addition, the two-day forum will feature a high-profile 'macro-panel' which will examine the impact of the current global macroeconomic environment on the GCC and the outlook for the region led by internationally renowned American portfolio manager, lawyer, economist and chief global strategist, James Rickards.

A range of topics, will be discussed at the forum this year and will include; regional finance in the global market place; the role of private capital in public projects; Bahrain's real economy; the growth of local companies and the pipeline of hydrocarbon projects.

A working agenda which includes keynote addresses and topics for panel discussions is available on the Euromoney website www.euromoneyconferences.com/bahrain.

This year Euromoney's multi-channel approach will utilise social media platforms such as Twitter: inviting interested participants to voice their opinions using the hashtag #emBahrain during the various sessions. - TradeArabia News Service




Tags: BBK | GCC | NBB | Financial | forum | Euromoney | Nogaholding |

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