DIFC Workshops launched to support development of financial markets in MENA region
DIFC Workshops launched to support development of financial markets in MENA region
This website uses cookies in order to offer you the most relevant information. Please accept cookies for optimal performance. Find out more
×
The Dubai International Financial Centre (DIFC) today launched the DIFC Workshops – a series of capacity building workshops that will support the development of financial markets in the Middle East and North Africa (MENA) region by upgrading technical financial skills among market participants. Dr. Nasser Saidi, Chief Economist of the DIFC, said: “The DIFC Workshops aim to support the development of economic and financial markets in the MENA region by strengthening market participants knowledge of the technical aspects of financial products and services. This is especially important as the DIFC’s regional reach expands and demand for specialist financial services increases”. The first DIFC Workshop, ‘Accounting and Equity Valuation’, will be held on 7 November in association with Citigroup. Led by Kenneth Lee, Director, Valuation and Accounting (Europe) for Citigroup Investment Research, the workshop will enable participants to accurately value listed equities and properly examine balance sheet data. The workshop will include actual company case studies and focus on examples of analysis, accounting and financial markets from the GCC region. Mr. Mohammed Al-Shroogi, Citigroup Corporate and Investment Banking Head for the Middle East, said: "We are delighted to be part of this unique initiative and to contribute speakers to the workshop series.  As many of the region’s hubs transform into global financial centres, it is crucial to share global best-practice case studies with the region’s financial players in order to continuously raise the bar and stay at the cutting edge of the financial industry”. Supported by strong economic conditions, capital markets in the MENA region have grown significantly over the past five years. Syndicated loan issuance in the MENA region has grown strongly over the past five years, driven in part by over USD1 trillion of infrastructure projects, according to MEED. Despite recent corrections, the value of equity markets in the region remain high at USD875 billion, while the regional securitisation and asset backed securities (ABS) market is beginning to grow. This primary market growth is being matched by an increase in secondary market volumes and demand for qualified financial services professionals. The DIFC Workshops have been established to help broaden the range of technical skills and talent available to support this demand. “Improving the skill sets available to the market is especially important for new growth areas, such as the region’s securitisation and ABS markets”, said Dr. Saidi. Each workshop will be held in association with a leading financial institution based at the DIFC. They will initially cover topics such as: accounting and equity valuation; derivatives and options pricing; risk management; securitisation; Islamic finance; valuation risk analysis; mutual fund management; hedge funds; investment management techniques, equity and fixed income analysis and investments; asset allocation; technical and quantitative analysis; yield curves and structured finance, among others.

Testimonials

  • "The DDP provides a solid foundation of corporate governance for existing and aspiring directors."

    David Haglund - Senior Executive Director and Portfolio Manager of the Templeton Frontier and MENA Market strategies

  • “Thank you so much for sharing such insightful webinar. It was great and valuable to all participate”

    Shady Rashed - Senior Economic Researcher at The Ministry of International Cooperation of Egypt

  • “Good session and very well organized on the webinar about How to buffer and lessen the impact of the novel Covid – 19, to maintain business sustainability with Hawkamah - AUB / Makhzoumi” 

    Bilal Hamade - Executive Advisor

  • "One of the best webinars I attended. Well done OSB Makhzoumi and Hawkamah”

    Fida Kanaan – Director – Executive education  OSB AUB

  • "A journey full of knowledge, experience and professionalism . I have learned a lot and definitely enjoyed the time I spent with my colleagues."

    Ibtihal Al-Shamali- Director of Corporate Governance- Capital Market Authority of Kuwait

  • The breakfast meetings organised by Hawkamah provide attendees with a great opportunity to meet with peers from leading organisations and exchange ideas on current issues and challenges. A strong panel of industry experts discussing the challenges from different perspectives on ‘How to get the board more engaged’ was most insightful and engaging with enthusiastic audience participation especially in matters regarding diversity and quality of information that is  presented to the board for effective decision making. I look forward to more such events that are organised by Hawkamah

    Sunil Edwards- Group Head of Internal Audit  - Bank of Sharjah

  • The power breakfast on board engagement organized by Hawkamah in collaboration with Diligent was a successful event, very insightful and informative and well organized

    Mostafa Ibrahim Abdeltawab - Tax Agent & Consultant  - Skylines Tax Consultancy

  • There is absolutely no doubt that Hawkamah – as always – has done unmatchable effort in producing its most recent valuable report in association with Diligent about Board Best Practices in the MENA. The discussions that took place in the “Power Breakfast” was so important and insightful; the influx of questions by the quality participants and the valuable answers of the quality panelists is a clear proof of Hawkamah continued success in such events. 

    Yasser Al Dabach – Board Secretary – Ghobash Trading & Investment Group

  • The technical knowledge, insights, case studies and learning provided by the ‘Director Development Program’ are very useful and effective in framing the strategic planning, implementation and delivery phases of growth plans in the difficult economic and geo-political times that we are operating in.

    Hisham Dimashki – CEO - BAP LLC – (associated with GM Trading Companies - Washington DC)

  • The certified Board Secretaries Workshop provided by Hawkamah and Dubai Financial Market is an essential course for learning corporate governance, scope and responsibilities of the board secretary and understanding the governance and disclosure requirements of the Dubai Financial Market and the Securities and Commodities Authority. It is a practical course which combined recent best practices and key learning lessons. I would highly recommend it for people involved in corporate governance and in particular in a listed company.

    Omran Al Zamani - Senior Legal Counsel - Dana Gas PJSC

Latest tweets

Videos

Partners