AmwalAmwal, Qatar Financial Centre AuthorityQatar Financial Centre Authority and Qatari Businessmen Association hold fourth event attracting participation from local and regional financial community

Doha, 23 January 2008 - Following very successful events in 2007, AmwalAmwal, Qatar Financial Centre (QFC) AuthorityQatar Financial Centre (QFC) Authority and the Qatari Businessmen Association (QBA) recently held their first networking event of the New Year at the Sharq Spa Village in Doha. The event was by invitation only and was for guests and experts from the local, regional and international financial communities.

Geared towards the professionals of the financial sector and those in senior financial positions in the wider business community, the Networking Event for Financial Professionals was addressed by Mr. Stuart Pearce CEO & Director General of the Qatar Financial Centre AuthorityQatar Financial Centre Authority. AmwalAmwal, QFC AuthorityQFC Authority and QBA each invited clients and other professional contacts to participate, offering an opportunity for financial professionals to share the information, knowledge, relationships and expertise that will help build and sustain a solid financial services industry in Qatar and in the wider region. The event also welcomed guests for the MEED Qatar conference which took place on 21/22 January at the Sharq Spa Village.

Dr. Laurent Lavigne du Cadet, CEO of AmwalAmwal said: "Now in its fourth round, this networking event has proved time and again its potential for fostering meaningful dialogue and ongoing collaboration between financial experts in the region. The discussions that take place during these meetings serve to promote excellence and innovation, and allow us to share and debate industry trends, future strategies and other aspects of our business. The interest generated among industry leaders during these events reflect, I believe, the benefit of pulling together these experts to exchange innovative ideas and trends in today's financial scene."

Sheikh Faisal Bin Qassem Al Thani, Chairman of the Qatari Businessmen Association added "The success and sequence of the networking events have further attracted business people and financial professionals from Qatar and other countries as well. The unique ambience of events laid the ground to establish exceptional pledge for advancing the financial industry."

Mr. Stuart Pearce, CEO and Director General of the Qatar Financial Centre AuthorityQatar Financial Centre Authority said "These networking events help to promote a brand of quality in the developing Qatari financial market. The firms we are licensing look for opportunities to exchange views and build business relationships with a broad mix of people and we are therefore very pleased to be a partner in this initiative."

The Networking Event for Financial Professionals takes place 3 times a year.

-Ends-

Amwal
Founded in 1998, AmwalAmwal is the first investment company to be licensed by the Central Bank of Qatar operating in two lines of business; investment banking and asset management. The firm has launched the first investment portfolio and the first mutual fund investing in the Doha Securities Market and underwrote the first non-Qatari Initial Public Offering in the country. AmwalAmwal has one of the largest investment teams in Qatar, employing a growing team of talented professionals. The firm benefits from a strong shareholder base comprising of Shuaa Capital, Qatar Foundation, Qatar National Bank, Qatar Navigation and prominent Qatari individual shareholders.

Qatar Financial Centre
The Qatar Financial Centre (QFC) is a financial and business centre established by the Government of Qatar and located in Doha. It has been designed to attract international financial services institutions and major multi-national corporations and to encourage participation in the growing market for financial services in Qatar and elsewhere in the region. The QFC will operate to international standards and provide a first class legal and business infrastructure for those operating within the QFC. The QFC was created by Qatar Law No.(7) and has been open for business since 1 May 2005.

QFC Authority
The QFC AuthorityQFC Authority is the commercial, administrative and legislative body responsible for driving the commercial strategy of the QFC and for developing relationships with the global corporate community and other key institutions both within and outside of Qatar.

The QFC Civil and Commercial Court and QFC Regulatory Tribunal
The QFC Civil and Commercial Court and QFC Regulatory Tribunal were launched in February 2007. The President of the Court is Lord Woolf, formerly Lord Chief Justice of England and Wales. The Court is modelled on the internationally respected Commercial Court in London. In the event of disputes in matters of law, it will be the final arbiter. The Regulatory Tribunal has been established to hear and decide upon appeals from decisions of the QFC Regulatory Authority and other QFC agencies. Its Chairman is William Blair, QC. Both the President and the Chairman are supported by Judges who have held the highest judicial offices in their own jurisdictions.

Qatari Businessmen Association
Under the auspices and progressive guidance of H.H. the Emir Sheikh Hamad Bin Khalifa Al Thani, the Qatari Businessmen Association (QBA) was founded by the ministerial decree no. 14 for the year 2002 as a non-governmental, non-profitable organization. The founding members and all other members of QBA share the same vision of H.H. the Emir in creating a diversified, sustainable and resilient economy. Knowing that the private sector is a main pillar for a robust economy our association serves as a strong catalyst that offers a solid foundation for the economic development of Qatar's private sector and provides a forum for idea exchange. Together, we aim to be a major vehicle, consensus builder and advocate for a thriving economic climate in the State of Qatar.

© Press Release 2008

 

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