Abdulrahman Ahmad Al-Shaibi, Director of Finance at Qatar Petroleum honoured at event
Dubai, 18 February 2012: MEED Events' Middle East Project Finance 2012, being held under the patronage of H.E. Abdullah Mohammed Saleh, Governor, DIFC is set to honour Abdulrahman Ahmad Al-Shaibi, Director of Finance at Qatar Petroleum, for Leadership in Project Finance at the 15th annual Middle East Project Finance conference to be held 27-28 February 2012.
This award has been inaugurated to honour leading figures within the finance sector that significantly contribute, at a national and global level, strategic finance strategies that greatly affect the economy.
Mr. Al-Shaibi has over the last decade, overseen Qatar Petroleum's project finance team and is the first recipient of this prestigious accolade.
'I am thankful to MEED and its key stakeholders in the structured and project finance industry to recognise the contribution of Qatar Petroleum's project finance team, whom I have had the privilege to lead over the past decade including in all the financing deals in the last two decades, and award us the first annual MEED Project Finance Leadership Award. We will continue to endeavour to strive for excellence in all our initiatives and it is gratifying to be recognised as the first recipient of this award''
Mr. Al-Shaibi was responsible for developing and implementing the financing strategy of Qatar Petroleum and its affiliates covering upstream and downstream projects. He is additionally a member of various Executive Committees, responsible for the ambitious expansion plans of Qatar Petroleum in the LNG sector, petrochemicals,
and non-energy sector projects such as aluminum and steel.
Mr. Al-Shaibi is additionally a member of the State's Finance Policy Committee, board member of various other companies including Qatar gas and QASCO, and Chairman of the QFC Authority Board Audit and Risk Committee.
Edmund O'Sullivan, Chairman, MEED Events said, "We are delighted to award Mr. Al-Shaibi with our first Leadership in Project Finance Award. As all sectors have been through a liquidity squeeze in the last five years, only clear, strategic financial thinking has remained at the heart of steady growth. This award is set to honour such individuals in the region that make a significant contribution to project finance".
Middle East Project Finance 2012 will once again provide an unmatched opportunity to benefit from face to face networking with the key players of the project finance industry, holding sessions on the current trends and demands within the project finance industry and its sectors including petrochemicals, oil and gas, power and water and renewable transport, social infrastructure and real estate.
The Middle East remains among the most active customers for structured finance and in October 2011, MEED Projects estimated the value of projects at US$1,950million with 452 projects currently at some stage of either planning or execution.
Abdulrahman Ahmad Al-Shaibi will additionally conduct a presentation on the regional finance market and a Q&A session after his award presentation - essential attendance for those wishing to explore the opportunities and pinpoint the challenges that face the project finance industry in 2012.
For more information visit www.meprojectfinance.com or call +971 (0)4 390 0049.
© Press Release 2012
