Dubai, UAE, 24 August 2015 - Arqaam Capital ("Arqaam"), the specialist emerging markets investment bank, today announced that it is hosting its second GCC and Africa Investors Conference on 14 and 15 September 2015 at the St. Regis Saadiyat Island, Abu Dhabi.
Over the two days, Arqaam will bring together the senior management teams of over 60 GCC and African listed companies and over 100 investors for a series of one-on-one meetings.
Riad Meliti, Chief Executive Officer of Arqaam Capital, commented "We are building on the success of last year's inaugural conference by bringing together an even larger group of leading regional companies and major global investors for high-value one-on-one meetings.
"Over the past 12 months, the dramatic fall in the price of oil and the strength of the US Dollar have impacted liquidity, capital spending plans and asset values across the oil producing countries. For companies from these countries, the challenge over the next 12 months will be to manage growth and margins in the current lower oil environment. Meanwhile, in Egypt we are seeing economic reform, infrastructure investment and consumer growth, which has led us to rank Egypt alongside Kenya as the two most exciting growth stories in Africa. While Africa's powerhouse economies such as Nigeria and South Africa are showing below average growth, the region still offers interesting growth industries, with a dislocation in asset values opening up some attractive value plays.
"We look forward to hosting our guests in Abu Dhabi next month and facilitating the flow of capital into the GCC and Africa."
As well as the one-on-one investor meetings, Arqaam has also invited global health expert, statistician and data visionary Hans Rosling to present to delegates with a focus on the Middle East and Africa region. Mr Rosling is renowned for his visual representation of development data to tell stories about past and contemporary economic, social, and environmental changes in the world.
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About Arqaam Capital:
Arqaam Capital is a specialist emerging markets investment bank, bringing regional and international product offerings to the emerging markets. Arqaam Capital combines international best practice with expertise in the markets in which we operate. Our primary role is to provide financial intermediation and create investment opportunities for emerging markets investors looking to invest in their own markets and abroad, as well as international investors seeking opportunities in target emerging markets. Arqaam Capital is headquartered in the Dubai International Financial Centre (DIFC), with additional offices in Egypt, South Africa and Lebanon. Arqaam Capital has ten business lines - Corporate Finance, Asset Management, Cash Equity, Credit Trading, Equity Derivatives, Capital Markets Advisory, Infrastructure, Principal Finance, Treasury and Custody. In addition, Arqaam provides in-depth research on listed Middle East and Africa (MEA) companies across 26 countries and a wide-range of sectors, including the largest global coverage of MENA equities.
For more information, please contact:
Arqaam Capital
Mohamed El Khalouki
Tel: +971(0)4 507 1912
Email: mohamed.elkhalouki@arqaamcapital.com
Brunswick
Edward Moore
Office: +971 4 446 6270
arqaam@brunswickgroup.com
© Press Release 2015
