25 March 2012
At last week's ACI World Congress in Dubai, one of the biggest banking networking events in the region, all focus was on the challenges currently facing businesses in the financial markets. The event which is organised by the Financial Markets Association was supported by online trading and investment specialist Saxo Bank A/S, with more than 300 banking professionals attending from across the MENA region to network, discuss and debate.

The three-day programme started off with a welcome note from HE Sultan Bin Nasser Al Suweidi, UAE Central Bank Governor, followed by a keynote from Rick Pudner, CEO Emirates NBD Bank about the state of the financial market in Dubai. Panel discussions focussed around opportunities arising from the Arab spring, Sukuz trading and the future of the USD, BRICS and commodities. Saturday's programme was focussed on the development of the Islamic banking market, OTC derivatives trading regulation and the global impact of a financial transaction tax. The congress was rounded off with a joint excursion to the Aquaventure water park on Sunday.

Jakob Beck Thomsen, Head of Saxo Bank Dubai Limited commented: "There are only a few congresses in the MENA region which provide banking professionals with not only an excellent infrastructure to network, but also with stimulating discussion and thought-provoking ideas addressing current issues in the financial markets. The ACI World Congress is one of them, and as supporters we are very pleased with the outcome - not only in terms of attendees, but also of constructive suggestions for the future of the financial markets."

About Saxo Bank (Dubai) Ltd
Saxo Bank (Dubai) Limited is a wholly owned subsidiary of Saxo Bank A/S. Saxo Bank (Dubai) Limited is pleased to offer access to Saxo Bank A/S's award-winning trading platforms here in the Middle East. Saxo Bank (Dubai) Ltd is regulated by the Dubai Financial Services Authority (DFSA) and services Professional Clients only.

About Saxo Bank
Saxo Bank A/S is a leading online trading and investment specialist. A fully licensed and regulated European bank, Saxo Bank A/S enables private investors and institutional clients to trade FX, CFDs, ETFs, Stocks, Futures, Options and other derivatives via three specialised and fully integrated trading platforms; the browser-based SaxoWebTrader, the downloadable SaxoTrader and the SaxoMobileTrader application available in over 20 languages. Saxo Bank A/S also offers professional portfolio and fund management through Saxo Asset Management who accommodates high-net worth private clients and institutional investors and provides banking services and advice to retail clients through Saxo Privatbank. The Saxo Bank Group is headquartered in Copenhagen with offices throughout Europe, Asia, Middle East, Latin America and Australia.

Media Enquiries:
Sharon Pereira: sharon@matrixdubai.com

Bardees Badr: bardees@matrixdubai.com

© Press Release 2012