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What is Banking Outlook Middle East 2009?
For much of 2008, Middle East banks were largely able to regard the unfolding financial crisis with some detachment. But as 2009 dawned, bankers warned that the regional industry may face historic circumstances which will lead to fundamental restructuring.
Banks in the region need to become accustomed to a very different operating environment; Accounting standards need to be reviewed in great detail, as do current corporate governance and transparency practices.
The banking industry’s meeting of choice
Banking Outlook Middle East 2009 is a big-picture, strategy-focused event, developed in partnership with the DIFC, that will address every major challenge and opportunity currently facing banks and, through an exceptional speaker faculty of world-leading figures, will give the banking industry new direction as it stands at a major crossroad in its history.
Core issues for 2009
- Can Middle East banks distance themselves fromthe global financial turmoil?
- Is consolidation in the industry finally inevitable?
- How will family owned financial institutions react?
- Is this global banking meltdown the result of
ineffective corporate global regulation or less than ethical corporate entrepreneurial management?
- Ensuring adequate capitilisation through
collaboration – working with shareholders,
strategic investors and governments
- The role of corporate governance in ensuring transparency and maintaining sustainability and soundness of the region’s financial system
- What are the long term effects of government intervention?
- The role of Islamic finance in providing strength and stability to the Middle Eastern banking effort
- Will investment banking as we know it rise back from its ashes when the problems are resolved?
- Interpreting risk measures and how they are affected by changing market conditions
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Dr Hussain Hamid Hassan,
Chairman Shari’ah Advisory
Board, Dubai Islamic Bank |
Shayne Nelson,
Regional CEO,
Standard Chartered Bank |

Salaam Al Shaksy,
CEO,
Dubai Bank |

Per Larsson,
CEO,
UBS Middle East |
Khaled Mohammed Al-Aboodi,
CEO,
Islamic Development Bank
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Guiding the region’s banks towards the new era
Concerted actions by Governments and Central Banks signaled their determination to stabilise their banks. This commitment and intervention removes the existential threat to the biggest institutions. Even those which have not directly received funds, still benefit from their stabilising presence and expect to return to profitability
by the end of this year!
Join the region’s CEOs, Chief Economists and Regulators and witness the evolvement of the Middle East’s banking sector!
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