Dubai Forward, an annual conference on Dubai as a financial and private banking centre, is set to feature several critical topics that are of importance to the growing emphasis on the emirate's progress towards becoming a global financial centre, especially in light of current challenges.

 

The conference will take place from February 15 to 17 at Madinat Jumeirah.

 

While highlighting the current and future regulations and laws that will be emplaced to further enhance the financial sector, it will also focus on the steps that could be taken this year to shift Dubai’s economy beyond oil by finding new sources of revenue and activity through the financial services industry.

 

In light of the financial services sector being a significant driving factor for Dubai’s growth, there will be practical discussions on exploring ways to attract more foreign and institutional investors, transforming the stock markets to capital markets, the emergence of a fund industry and the need for providing modern investment vehicles.

 

Fahad Al Gergawi, chief executive officer, Dubai Investment Development Agency (Dubai FDI), said: “As a trusted partner for new ventures and existing companies, it is important for Dubai FDI to have detailed insights into all business sectors to be able to provide them with the right guidance. 

 

"The theme of Dubai Forward is well-aligned with our approach in working with the finance and private banking sector and more importantly, it responds to the expectations foreign private and institutional investors have for doing business in Dubai.”

 

Sylvain Veiujot, exective deputy chairman, Emirates REIT, said: “Being the first REIT in the UAE, we are excited to support Dubai Forward and discuss the real estate investment opportunities. We have seen significant appetite among investors for income-producing real estate in the Middle East."

 

The conference will welcome key members of the financial and industrial services sectors as speakers who have been contributing to the growth of the industries through their leadership and provides an excellent opportunity for new professionals and investors to engage in discussions with such eminent figures in order to better understand Dubai’s objective as a financial centre and the new equation for its economy. - TradeArabia News Service