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The 14th Edition of Middle East and North Africa Forex and Investment Exhibition and Conference kicked off on Thursday April 9 at Westin Mina Seyahi- Dubai in the United Arab Emirates, showcasing latest developments and most advanced technologies in the online trading industry.
The exhibition was organized by Arabcom Group, under the auspices of international retail and institutional companies, brokerage firms, and renowned financial institutions, and brought together more than 500 participants so far as well as a number of high-caliber speakers who gladly shared their knowledge with the visitors.
Following is the keynote speech of Mrs. Katia Tayar, President of Arabcom Group at the opening ceremony:
Dear esteemed guests,
It is my pleasure to welcome you to Dubai in the United Arab Emirates, which launched a pioneering initiative for development and succeeded to attain its leading position among the most advanced and prosperous countries.
This achievement would have been impossible without the vision and wisdom of UAE Vice President and Prime Minister and Ruler of Dubai His Highness Sheikh Mohammed bin Rashid Al Maktoum, may God protect him. His Highness was determinant to transform Dubai into a city that honors its people and residents, and embraces smart government and businesses, through providing high standards of telecom, infrastructure, and services aiming at ensuring knowledge and sustainable development.
I take the opportunity to thank all our local and international guests for attending our expo for eight consecutive years, and to celebrate Arabcom Group's success story in hosting 14 Forex shows since 2007 and more than 100 specialized exhibitions and conferences in 22 years.
The timing of the 14th Edition of Forex and Investment Expo is crucial following the January announcement of the Swiss Central Bank to remove the cap on the Swiss franc's euro exchange rate, which inflicted enormous losses to global brokerage firms, banks and investors. Today, our expo comes together to shed the light on the online trading sector's recovery and its ability to overcome the crisis within a short time.
I recall very well that, when Arabcom launched the first series of Forex shows in the Middle East and North Africa in 2007, the daily turnover in global foreign exchange markets was estimated at $ 3.3 trillion. And here we are today witnessing the huge increase to reach $ 5.5 trillion this year, and estimation up to $ 7.8 trillion in 2019, according to high-caliber financial analysts.
In fact, this sector has attracted a large number of retail and institutional investors, traders, financial companies, currency speculators, central and leading banks, as well as governments, jewelers, money-changer companies and many others. Also, also it provided a variety of opportunities for investment, not only in Forex, but also in stocks, futures, derivatives, currencies, commodities, options, bonds, swaps and others.
The Arabcom Group is committed to uphold its mission in promoting sustainable development in the Arab world, enhancing awareness and educating investors about the risk of random online trading, through dealing with licensed and registered brokerage firms, and providing the right tools and platforms to achieve profitable and Shariah-compliant investments.
I am confident that all our exhibitors and sponsors will offer our valued visitors a unique opportunity to gain exclusive insights into new prospects shaping the foreign exchange market horizons for investment, especially within the high competition among them to provide their clients with the best services, through digital platforms, smart phones and tablets, while protecting their funds and ensuring the security of their money.
I wish you a very pleasant stay in Dubai and encourage you to attend the conference which includes a series of presentation sessions and interactive panel discussions, as well as to visit the whole exhibition and demonstration area to benefit from the experience of exhibiting companies.
Finally, I thank our sponsors, exhibitors, experts, analysts, investors and participants for their outstanding support and trust, as well as media practitioners for their distinguished coverage. I also take the opportunity to announce the launch of 15th Forex and Investment Expo and Conference in November 2015 in Dubai.
Wishing you all a great success. Thank you.
-Ends-
© Press Release 2015
