This is quite a week for major financial conferences in Dubai with over 400 delegates registered for the Islamic Finance Summit, Hedge Funds World and Middle East Investment Summit from Monday to Wednesday in the Jumeriah Beach Hotel conference centre.
Star turns this year come from veteran financial gurus Marc Faber and Mark Mobius. Neither speaker needs much introduction to readers of ArabianMoney and our editor and publisher Peter Cooper will be leading three panel discussions on the final afternoon, so stick around.
A rare event
These international financial conferences are pretty rare in Dubai these days, a sign of how times have changed since the global financial crisis and local real estate crash of late 2008.
Dr Marc Faber will open with his thoughts on prospects for the global economy, with JP Morgan’s John Anderson offering investment themes for 2012. Local billionaire family businessman Mishal Kanoo will outline his thoughts on the next chapter for the Middle East growth story.
Deutsche Bank’s Henry Azzam, generally considered the top regional economist, will speak on the economic and politcal fallout from the Arab Spring. The emerging markets and prospect for the BRIC countries will be under the microscope of Mark Mobius with a Chinese private equity group Cathaya Capital also presenting.
Recently the Dubai Financial Market has surged from a mid-January seven-year low and delegates will doubtless be seeking expert views on where next for emerging markets in general and the DFM and Abu Dhabi Securities Exchange in particular.
Peter Cooper will be chairing panel discussions on the future of Middle East real estate, the commodities super-cycle and infrastructure investment opportunities. Alternative investments have been a major theme this year in the ArabianMoney investment newsletter (subscribe here ).
Running parallel to the Middle East Investment Summit will be sessions dedicated to Hedge Funds World 2012. Senior regional fund managers like Matein Khalid from the Abu Dhabi royal family’s private office will be speaking along with a host of invited guests from this global industry.
There is also a comprehensive pre-conference Islamic Finance Summit tomorrow examining the role and future of Islamic finance in the development of the region. Its quite a three-day triple event for local finance, and late-comers can no doubt be accommodated.