Tuesday, 13 December , 2016     |     777      |      +      |     

GBSA highlights opportunities at Kuwait confab

GBSA highlights opportunities at Kuwait confab :
  • Events

The Gulf Bond and Sukuk Association (GBSA) in partnership with Kuwait Financial Center — Markaz held a debt capital market conference in Kuwait. The conference gathered senior government officials with over 100 thought leaders from the corporate, financial, legal, diplomatic and regulatory communities.


The conference featured a discussion with former Lebanese Minister of Finance Dr Jihad Azour, who was recently appointed by the International Monetary Fund (IMF) as its Director of the Middle East and Central Asia Department.

Manaf AlHajeri, Chief Executive Officer of Markaz delivered the opening keynote speech stating “‘The Gulf Bond and Sukuk Association conference cannot find a place, a time, and circumstances better than Kuwait, the year 2016.” AlHajeri further added “Supporting this conference as a leading Kuwait institution reflects our deep commitment to further developing the Kuwait market.”

“More Kuwait based companies can be expected to take advantage of bond/sukuk markets to extend their liability profiles and diversify their investor bases,” said Michael Grifferty, President of the Gulf Bond and Sukuk Association. He continued, “We salute the hard work of the authorities in preparing for an inaugural sovereign bond issue and establishing a professional debt management capacity”.

Raghu Mandagolathur, Head of Research, Markaz kicked off the conference with an economic assessment of the GCC region. Mustafa Aziz Ata, Head of Debt Financing, Middle East North Africa (exKSA), HSBC reviewed experiences of Gulf issuers in the market this year. Hossam Abdullah, Partner, Al Hossam Law Firm provided and update on local capital market legislation marking a year since a major update of the Capital Market Authority regulations. Paul Calvey, Partner,

Oliver Wyman gave a perspective on Sovereign debt and bond markets in the GCC.

The morning was capped with a panel discussion involving market leading firms NBK Capital, Boubyan Capital, Burgan Bank and KAMCO Investment Company.

GBSA’s working groups and National Chapters bring together the thought leaders of the regional credit markets to create a more collective voice on key issues affecting the industry.

http://www.arabtimesonline.com/

Kuwait Today Business Subscription


Category: #Events | 2016/12/13 latest update at 10:00 PM
Source : | Photocredit :
778
Comments Add comment

Latest Comments


  
  LinkedIn Gulf Media

Sponsored Publications


Related Articles

The editorial staff of Kuwait Media would like to give all of its readers from Gulf and Kuwait and the whole world the opportunity to participate actively in the development of the website! If you have something interesting, fun, scandalous - just something worth to be seen from more people. Capture it and share it in the Kuwait Today with a short text.

Do you have information you want to reach our readers?

Send article/s

You can subscribe to our Facebook, Twitter and Google pages or use our RSS feed channel to always read the most important news about Kuwait, the Gulf and the world.


Latest searches in Kuwait Today