Euromoney Holds Annual Conference in Jordan

Press release
Published March 20th, 2018 - 11:57 GMT
During the opening panel participants discussed the role the financial sector plays in revitalising Jordan’s growth.
During the opening panel participants discussed the role the financial sector plays in revitalising Jordan’s growth.

In partnership with the Jordanian Ministry of Finance, Euromoney Conferences – the world’s leading organiser of conferences for cross-border investment and capital markets – hosted the fifth Euromoney Jordan Conference, under the patronage of Jordanian Prime Minister H.E. Dr. Hani Al-Mulki, on Tuesday 20 March, 2018 in Amman, in the presence of over 200 financiers, donors, investors, business leaders, entrepreneurs, policymakers and government officials.

Held under the theme ‘Delivering Growth, Maintaining Stability’, the conference focused on exploring Jordan’s macroeconomic outlook for 2018 and beyond, and the country’s plans to support inclusive growth and job creation, in addition to discussions about global economic and geopolitical events and their impact on Jordan. Throughout the day, delegates also had the opportunity to hear from prominent local speakers including H.E. Dr. Ziad Fariz, Governor of the Central Bank of Jordan (CBJ), H.E. Mr Omar Malhas, Minister of Finance, H.E. Eng. Imad Fakhoury, Minister of Planning and International Cooperation, and keynote speaker Mr Nemeh Sabbagh, CEO of the official senior lead sponsor, Arab Bank.

On this occasion, Nemeh Sabbagh, Arab Bank’s CEO, stated, “We are proud to be once again the official Senior Lead Sponsor of the Euromoney Jordan Conference. This conference functions as an instrumental networking platform for thought leadership that connects peers and clients from around the region and the world for a day of stimulating discussions and discourse about Jordan’s economic performance and prospects.”  He added, “We are pleased to take part in highlighting the role of the banking sector towards supporting the economic development and growth of the Kingdom.”

During the opening panel, participants discussed the role the financial sector plays in revitalising Jordan’s growth, financial and economic inclusion, financial technology (FinTech) and Blockchain, and Jordan’s economic growth plan 2018-2022. The panel featured notable speakers, including the European Bank for Reconstruction and Development (EBRD)’s Director and Regional Head of the Eastern Mediterranean Region, Dr. Heike Harmgart; the World Bank’s Lead Economist of the Mashreq Department, Christos Kostopoulos; Arab Bank’s Chief Economist, Dr Radwan Shaban; and Jordan Strategy Forum’s Chief Executive Officer, Hala Zawati.

Following this, in a conference first, the sector discussion ‘Engines for Growth’ focused on renewable energy, where private sector ‘champions’ FB Group’s Chief Executive Officer, Dr Firas Balasmeh and Kawar Energy’s Chief Executive Officer, Hanna Zaghloul, offered their thoughts regarding Jordan’s sustainability journey to date and where future opportunities in the renewable energy sector lie.

The day concluded with a special session, where speakers, Jordan Innovative Start-ups and SMEs Fund's Chairman, Dr Mohammed Al-Ja’fari; FOURSAN Partner, Shahm Al Wir; Silicon Badia's Managing Partner, Emile Cubeisy; Endeavor Jordan's Managing Director, Reem Goussous and Nestrom’s Founder and CEO, Yousef Wadi, tackled the idea of how entrepreneurship can drive growth and create value in Jordan.

“Building on the success achieved in previous conferences, we are delighted to be back in Jordan for the fifth year, in the presence of the Minister of Finance and the Governor of the CBJ,” said Victoria Behn, Head of the Middle East and Africa at Euromoney Conferences. “It is conferences such as Euromoney Jordan that allow for the coming together of local, regional and international experts from a variety of sectors, to ruminate over and better understand the nuances of driving growth in the Kingdom and the ways we can sustain the stability that Jordan is known for and has worked hard to achieve. We believe that by stimulating discourse about Jordan’s economic future, we have a chance to contribute to the realization of that future.”

Background Information

Euromoney conferences

Euromoney Conferences is the world’s leading organiser of events for capital markets and investment professionals. We have almost 50 years’ experience connecting companies and governments with the financial institutions that support their growth.

At our events we aim to identify and explain the latest trends in global financial markets, on the one hand, but also act as impartial forums for the rigorous exchange of ideas, on the other. This is in addition to their value as independent venues where people can make new connections and forge profitable business relationships.

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