Under the patronage of Sheikh Maktoum Bin Mohammed Bin Rashid Al Maktoum, Deputy Ruler of Dubai, President of the Dubai International Financial Centre ("DIFC") and Chairman of Dubai Media Incorporated, the Media Economic Forum will be inaugurated tomorrow, Wednesday, September 22, 2010. The two day Forum, organised under the title: "Impact of Economic Media on the Arab Banking and Financial Sectors" by the Union of Arab Banks ("UAB"), is the first of its kind to be held in the region. It aims to highlight the critical role the media plays and its impact on the financial and banking sectors.
The Forum will witness the participation of a number of top bankers and media specialists from the region and will be opened by both His Excellency Ahmed Humaid Al Tayer, Governor of the DIFC and President of Emirates Banks Association, and Mr. Adnan Ahmed Yousif, Chairman of Union of Arab Banks.
HE Ahmed Humaid Al Tayer said: "This Forum is an opportunity for the media outlets and the financial and banking sectors to meet and discuss the effect of the global financial crisis and how it was handled by the institutions and covered by the media. As we proceed towards recovery, both sides should cooperate to share the lessons learned during the crises and how to turn these lessons into successful partnerships."
The Forum will discuss several topics including; governance in economic media, the role of economic media in supporting financial and economic institutions, obstacles and challenges facing Arab economic media in facing financial crises, the importance of coordination and cooperation between media and financial/economic institutions, training and qualifications required for banking and media personnel, as well as the importance of media in supporting the woman's economic role and securing her effective participation in economic development.
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