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Business / Qatar Business

Financial leaders to attend 2015 Euromoney Conference

Published: 24 Nov 2015 - 12:03 am | Last Updated: 07 Nov 2021 - 05:09 am

DOHA: Some of the most influential figures from Qatar’s government, financial and public sectors are set to attend and speak at the upcoming Euromoney Qatar Conference 2015, which brings together international banking leaders with senior figures from the GCC region.
Running from December 9-10 in Doha, the conference will bring together a range of executives and experts to analyse the current state of the global economy, and the range of factors set to influence future growth in Qatar, the region and beyond.
Held under the patronage of Prime Minister and Interior Minister H E Sheikh Abdullah bin Nasser bin Khalifa Al Thani, the agenda includes keynote speeches and panel discussions with a range of Qatari leaders, including Minister of Finance 
H E Ali Sherif Al Emadi; Minister of Information and Communications Technology H E Dr Hessa Sultan Al Jaber and Qatar Central Bank Governor H E Sheikh Abdulla bin Saoud Al Thani. From Qatar’s financial sector, there will be on-stage discussions with Ali Ahmed Al Kuwari, Group CEO, Qatar National Bank; Yousuf Al Jaida, CEO, Qatar Financial Centre; Dr R Seetharaman, CEO, Doha Bank and Mohammed Mubarak Al Khater, Executive Director of Investment, Qatar Development Bank.
For many years, Qatar has seemed resistant to international economic pressures, given the robust strength of its energy sector and the positive vision of its leadership. However, the recent announcement that Qatar’s 2016 budget will be “realistic” but show a “moderate” deficit suggests even this dynamic economy is facing challenges.
In June, the Ministry of Development Planning and Statistics (MDPS) flagged that Qatar could face its first fiscal deficit for 15 years, following a fall in fiscal surplus in 2015 caused by lower oil prices. With oil and particularly gas prices staying stubbornly low in recent months, Qatar will look to the private sector to make more impact, while cutting wasteful spending in the public sector, according to recent announcements.
This will create significant opportunities for international banks and private equity groups looking to increase their presence in Qatar, which will be examined at the Conference.
The Euromoney Qatar Conference will host a special pre-conference workshop on the opportunities for enhancing entrepreneurship in Qatar, in recognition of the growing need for a more dynamic private sector. The workshop will feature contributions from QDB and Qotuf, a Saudi Arabian initiative to boost entrepreneurship.
In addition, the conference will feature panels on Qatar’s strategy in a changing world, technology and finance, energy strategy and the evolution of the banking sector.

The Peninsula

DOHA: Some of the most influential figures from Qatar’s government, financial and public sectors are set to attend and speak at the upcoming Euromoney Qatar Conference 2015, which brings together international banking leaders with senior figures from the GCC region.
Running from December 9-10 in Doha, the conference will bring together a range of executives and experts to analyse the current state of the global economy, and the range of factors set to influence future growth in Qatar, the region and beyond.
Held under the patronage of Prime Minister and Interior Minister H E Sheikh Abdullah bin Nasser bin Khalifa Al Thani, the agenda includes keynote speeches and panel discussions with a range of Qatari leaders, including Minister of Finance 
H E Ali Sherif Al Emadi; Minister of Information and Communications Technology H E Dr Hessa Sultan Al Jaber and Qatar Central Bank Governor H E Sheikh Abdulla bin Saoud Al Thani. From Qatar’s financial sector, there will be on-stage discussions with Ali Ahmed Al Kuwari, Group CEO, Qatar National Bank; Yousuf Al Jaida, CEO, Qatar Financial Centre; Dr R Seetharaman, CEO, Doha Bank and Mohammed Mubarak Al Khater, Executive Director of Investment, Qatar Development Bank.
For many years, Qatar has seemed resistant to international economic pressures, given the robust strength of its energy sector and the positive vision of its leadership. However, the recent announcement that Qatar’s 2016 budget will be “realistic” but show a “moderate” deficit suggests even this dynamic economy is facing challenges.
In June, the Ministry of Development Planning and Statistics (MDPS) flagged that Qatar could face its first fiscal deficit for 15 years, following a fall in fiscal surplus in 2015 caused by lower oil prices. With oil and particularly gas prices staying stubbornly low in recent months, Qatar will look to the private sector to make more impact, while cutting wasteful spending in the public sector, according to recent announcements.
This will create significant opportunities for international banks and private equity groups looking to increase their presence in Qatar, which will be examined at the Conference.
The Euromoney Qatar Conference will host a special pre-conference workshop on the opportunities for enhancing entrepreneurship in Qatar, in recognition of the growing need for a more dynamic private sector. The workshop will feature contributions from QDB and Qotuf, a Saudi Arabian initiative to boost entrepreneurship.
In addition, the conference will feature panels on Qatar’s strategy in a changing world, technology and finance, energy strategy and the evolution of the banking sector.

The Peninsula