the middle east securities forum

8/14/2019 The Middle East Securities Forum

1/8www.iirme.com/mesf

Reasons why you MUST attend:

Also featuringAbu Dhabi Exchange Diwan Capital Ltd. The Bank of New York Mellon Depository

RAPID Arqaam Capital Euroclear And many more

Jeffrey SingerCEO, NASDAQ Dubai , UAE

David RutledgeCEO, Dubai Multi Commodities

Centre (DMCC), UAE

Aly El TahryDirector and Co-Founder

Beltone Financial Securities, Egypt Martin Kinsky Managing Director, Markets

Dubai Financial CentreAuthority (DFSA) , UAE

Lawrence HarrisFormer Chief Economist

U.S. Securities and Exchange Commission, USAFred V. Keenan Chair in Finance

USC Marshall School of Business, USA

5Tackle liquidity issues withthe former Chief Economistof the US Securities andExchange Commission Explore new investmentstrategies in our currentenvironment with theAbu Dhabi Exchange

Discover how to use the marketas leverage for growth with Jeffrey Singer, the CEO ofNASDAQ Dubai

Identify the future of IslamicSecurities with Shazad Amin,the SVP of Investment for Dubai Islamic Bank

Examine new and upcomingsecurities regulations in theregion and beyond withMartin Kinsky, MD of Marketsfor the DFSA

We [business leaders in theMiddle East and Asia] have the

opportunity to redraw the nancialmap of the world

Nasser Saidi , Chief EconomistDIFC Authority , UAE

Organised by

Forum Exhibitor

Strategic Partner

3 for 2SPECIAL OFFER!

Register for two placesat the Middle East

Securities Forum andreceive the third

for FREE!


2/8

Dear Securities Professional,In response to dramatic market changes , we havedeveloped a conference that we feel will add anextraordinary amount of value to the entire securitiesindustry. We are bringing together trend-setters from theregion and abroad and binding them together with thecommon goal of determining the direction of the newsecurities market in the Middle East.

You may think it strange that, in a time such as this,we decided to launch an ambitious new event withthe title Middle East Securities Forum. Quite to the

contrary, we have decided that now is a better timethan ever for this launch.

Rules, regulations, practices and norms change faster than ever in the transition from a market slow-down to amarket upswing, so what better time for a collaborative,energetic meeting of minds than directly in the midst ofthese incredible important changes?

Once you arrive at the Grand Millenium Hotel in Juneand begin shaking hands with tomorrows leaders in theMiddle East securities market, discussing decisions that

will affect the market for years to come, we are sure youwill agree with us.

With the support of the DIFC, we are proud to bring youan industry-shifting new forum where you will share thespotlight with peers from the region and beyond.

I look forward to meeting you as a welcome guest to theMiddle East Securities Forum.

Best regards,

Keith ParkerConference Manager MESF 2009

P.S. An opportunity for recognition and growth in a time ofdramatic change, one event you cannot afford to miss!

P.P.S. Take advantage of our 3 for 2 special offer!

In the last 75 years (1934-2008), as measured bycalendar year, the S&P 500 stock index has suffered

total return losses of at least 20% in four different years,the most recent was 2008s 37.0% decline. In the year after the

three previous 20%+ tumbles, the index gained an average of+32% (source: BTN Research).

Market returns represented by S&P 500 index returns in dollars for complete calendar years, except wherestated otherwise, most recent returns as at 31/12/08. Dividends reinvested. Past performance is not indicativeof future returns. Source: S&P, FactSet, JPMorgan.

T: +971-4-3352437 F: +971-4-3352438 E: [email protected] W: www.iirme.com/mesf

Will this cycle prove true in the Middle East as well?

This forum will help to preparecorporates and investors alike for thereturn of the capital markets.

Peter Gotke , Vice PresidentBank of New York Mellon Depositary Receipts, UAE


3/8T: +971-4-3352437 F: +971-4-3352438 E: [email protected] W: www.iirme.com/mesfT: +971-4-3352437 F: +971-4-3352438 E: [email protected] W: www.iirme.com/mortgages

Forum Day OneSunday, 14 June 2009

11.00 Keynote: How To Use The MarketTo Grow In Todays Environment Dissecting the traditional vehicles used

to expand in todays market and predictingwhat will be used tomorrow Examining the reasons for companies listing

today and de ning which are applicable to you Exploring the pros and cons of leveraging the

market for growth today Considerations in the current capital markets

climate Taking a detailed look at derivatives and how

they can enable you to achieve your goals Jeffrey Singer, CEO, NASDAQ Dubai , UAE

11.30 Panel Session: Corrections That Must Be Made In TheMiddle East Securities Market

What must companies do to ensure their survival? How have securities fared in the Middle Eastscredit crunch?

How effective will corrections made by other markets be?

Discussing the need for increased disclosure in theMiddle East

Are companies increasing public awareness oftheir operation?

Lawrence Harris, Former Chief Economist U.S. Securities and Exchange Commission, USA

Fred V. Keenan Chair in Finance, USC MarshallSchool of Business , USA

Martin Kinsky, Managing Director, MarketsDFSA, UAE

Senior ExecutiveADX, UAE

Hussain Qaraghali, Managing Director Essdar Capital , UAE

12.00 IIR Majlis Structured Networking SessionIn this structured session you will have the opportunityto meet a number of people you havent metbefore. You will be able to exchange basicinformation and your business cards, making it easier for you to start a conversation with these people

during other networking opportunities providedby the conference. Remember to bring plenty ofbusiness cards!

12.20 Lunch And Networking Break

13.20 Investment Strategies In The Wake Of TheGlobal Crisis To Strengthen Returns Determining the extent to which government

interventions will affect the market and how muchof this has yet to be seen

Exploring the implications of slowing FDI in the Gulfand whether or not this trend will continue

Ascertaining what the global crisis means for GCCinvestors

Traversing ADXs new drives for regionalinvestment and what these mean for you

Senior ExecutiveADX, UAE

K E Y N O T E

K E Y N O T E

P A N E L


8.30 Registration And Coffee

9.00 Chairmans Opening Remarks

Past, Present And Future: The Middle EastSecurities Market

9.15 Keynote: Improving Liquidity To StrengthenRecovery For The Region Essential insight into the ways that liquidity can

be improved Examining the tools that are often used to

improve liquidity in international markets Exploring the role of information in the liquidity

process and taking a second look at howinformation ow can be improved

Predicting the winners and losers of our current

situation and determining how you can ensuresurvival Dissecting the speci c regulatory problems that

have led to the challenges we are facing todayLawrence Harris, Former Chief Economist U.S. Securities and Exchange Commission, USAFred V. Keenan Chair in Finance, USC MarshallSchool of Business, USA

9.45 Case Study: Regulation At The DFSA And TheImplications For You Examining best-practice regulations at the

DFSA Changes likely to be implemented in the

coming year Identifying regulation of signi cant importance

to you Exploring the steps that the DFSA has been

and will be taking to ensure not only survivalbut new growth

Martin Kinsky, Managing Director, MarketsDFSA, UAE

10.15 Morning Refreshments And Networking Break

10.45 Regional Monetary Architecture: Challengesand Opportunities Exploring regional monetary architecture An in-depth scrutiny of money creation in

the region Discussing Liquidity and Credit Expansion Exploring key features of regional

Macroeconomic models Identifying opportunities and challengesDr. Armen Papazian , Head of Islamic Finance ,UBS AG, UAE

C A S E S

T U D Y


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13.55 Examining The Potential For ETCs In The MiddleEast And Their Extended Implications Taking a close look at the case study of

Dubai gold securities Exploring recent environmental changes and

determine their effects on the success ofETCs in the Middle East

Considering further implications of ETCs inthe region and beyond

Surveying the DMCCs plans for ETCs in thefuture

Dr. David Rutledge, CEO, DMCC , UAE

14.30 Afternoon Refreshments And Networking Break

Attractive Drivers For Growth

14.50 Depositary Receipts As An AttractiveInvestment Vehicle Exploring the role depository receipts will

have in the market in coming years Examining the evolution of depository

receipts and determine how their currentform can work for you

How depository receipts can be a vehicle for corporates

Global developments: Trends in bothemerging and developed markets

Peter Gotke, Vice PresidentThe Bank of New York Mellon DepositaryReceipts , UAE

15.30 Infrastructure Development For RegionalGrowth RAPID Dollar and Euro clearing in the MENA

region Securing continued strength in regional

nancial markets Technologys role in reducing the impact of

turbulenceKathleen Tyson, CEO, RAPID, UAE

16.10 Chairpersons Closing Remarks And End OfForum Day One

9.50 Structuring Islamic Private Equity ToStrengthen Market Growth

Unveiling the potential for Shariahcompliant private equity growth in theMiddle East

Examining contracts, the relationship betweenprivate equity rms and investors

Equity creation and syndication usingconventional nancial modes to structure withShariah compliance

Understanding the key Shariah issues thatneed to be considered during structuring

Explore the case study of Shariah compliant

private equity structuring at Dubai Islamic Bank Shazad Amin, SVP InvestmentDubai Islamic Bank , UAE


A rally in developed markets is generally followed by anincreasing ow of wholesale funds to emerging markets, particularlyGCC exchanges where earnings are backed by petrodollars. Thismay lead to an increase in foreign buying volumes on UAE boursesduring the second half of the year, especially if the oil price rallies.

8.30 Registration And Coffee

9.00 Chairmans Opening Remarks

Trigger Liquidity And Expand Internationally

9.15 Securitised Derivatives: Hedge Fund StrategiesMade Accessible For Any Investor A glance into the engineering lab Securitisation in the derivatives world:

Practices, challenges, trends Real life examples from the structuring desks Derivatives securitisation in the Middle East and

beyond A guide for the investor on how to pick the right

product Chris Biedermann, Head of Trading and Structuring

Diwan Capital Limited , UAE

Forum Day TwoMonday, 15 June 2009

3 f o r 2 S P E C I AL O F F E R ! R e g i s t e r f o r t w o p l a c e s

a t t h e M i d d l e E a s t S e c u r i t i e s

F o r u m a n d r e c e i v e t h e t h i r d

f o r F R E E ! C a l l + 9 7 1 - 4 - 3 3 5 2 4 3 7 o r

e m a i l r e g i s t e r @ i i r m e .c o m

f o r f u r t h e r d e t a i l s

Ian Munro , Head of Research, Mac Capital Advisors


5/8T: +971-4-3352437 F: +971-4-3352438 E: [email protected] W: www.iirme.com/mesf

10.55 Develop A Sustainable Clearing And SettlementInfrastructure in the ME For Cross-Border Investment What do international investors seek in foreign

clearing and settlement infrastructure? A comparison with the infrastructure in the region

and an assessment of the gaps and consequentrisks

Developments being made by regionalauthorities to address these, and the roadmapfor the future

Arindam Das , Regional Head of CustodyDeputy Head of HSBC Securities Services, MENA

HSBC Bank Middle East , UAE

11.00 Morning Refreshments And Networking Break

11.15 Panel Session: How Can Alternative InvestmentsAnd New Asset Classes Enable Growth? Which alternative investment will be the hot

seller of the year? How has perception towards alternative

investments changed in the region? Which alternative investments have the most

potential at the moment? In the near future? Inthe distant future?

Tackling alternative investment infrastructurechallenges: How can it be accomplished?

Chris Biedermann, Head of Trading andStructuring, Diwan Capital Limited , UAE

11.40 Managing Cross-Border Fund Transaction

Processing With Ease Meeting the operational challenges of open

architecture in the fund business Making third-party fund distribution operationally

ef cient and cost effective Catering for Islamic fund requirements:

Discovering the unique challenges faced andhow to address each of them speci cally

Exploring how loss and confusion due tocross-border transactions can be minimised

Automation in fund transaction processing: Adream or reality?

Managing counter-party issues Carlo Minieri, Director, Sales and Relationship Management, Euroclear , Belgium

12.15 Derivatives Investment: Current Initiatives,Offerings And Product Evaluation Discovering new product offerings with potential

in todays market Recognising the functional convergence of

trade and post-trade Evaluating the best derivative investment

opportunities for each market in the region andbeyond

What is the future of derivatives investment inthe Middle East? Dr. Laurent Dambly, Managing Director & Head of

Capital Markets, Arqaam Capital , UAE

13.00 Lunch And Networking Break

14.00 Innovative New Technology ForFinancial Infrastructure Introducing the latest technological

advancements in western securities markets Exploring innovation in the Middle East securities

markets and determining which will have thebiggest impact

Identifying the gaps in infrastructure anddiscussing how they can be comprehensivelyclosed

Determining technologys place in a quicklyevolving, turbulent market

Christian Schiebl , Regional Director EMEASmartStream Technologies , UAE

14.45 Behavioural Assessment Scoring For Investors And

Corporations Adopting An Alternative Look AtLiquidity, Volatility And Transparency Exploring the importance of quickly disseminating

information to the market and increasingcorporate disclosure

Walking through the processes behind the BASICparadigm from The National Investor (TNI)

Identifying the future for ratings systems and risk identi cation for the Middle East

Distinguishing your organisation to increaseinvestor con dence

Amer Halawi, Managing Director The National Investor (TNI) , UAE

15.15 Panel Session: Final Predictions: A Holistic View OfThe Middle East Securities Market In 2010 What is the future for the regional securities

market? How can you encourage regional markets

towards new growth? When will the market begin continuous growth

again? What are the most important lessons for banks,

governments and investors to keep in mind for the coming years?

What should you expect in 2010? Aly El Tahry, Director and Co-Founder

Beltone Financial Securities , Egypt

Ali Khan, Managing Director and Head of Brokerage, Arqaam Capital , UAE

Shazad Amin, SVP Investment Dubai Islamic Bank , UAE

Arindam Das , Regional Head of CustodyDeputy Head of HSBC Securities Services, MENA

HSBC Bank Middle East , UAE

16.00 Chairpersons Closing Remarks And End Of Forum

P A N E L

P A N E L



Tuesday, 16 June 2009

Workshop A

OverviewThe market is beaming with unclearness at the moment.Wouldnt it be great to have a plan to power throughthis period of uncertainty and re-enter the market withmore force and market share than ever before? Thisfull-day workshop will enable you to achieve this goal.Your expert course leader will not only explore marketconditions, but even more importantly will dissect your organisational conditions. By doing this, you will be ableto create a market re-entry programme speci cally

designed to allow for the highest possible gain for your team in terms of competitiveness, stability andpro tability.

Recognising Opportunities And Creating APlan To Re-Enter The New Market

With Strength

Innovation In Islamic ProductDevelopment

Workshop TimingRegistration will commence at 8:00. The workshop will begin at 8:30 with refreshments

being served at appropriate intervals. The workshop will conclude at 14:30, after which lunch will be served.

How will you bene t? Understand how to examine your organisations

situation to determine your best path for re-entry

Develop synchronicities with the new market to ensurea timely recovery

Dissect market aws to address them directly

Create a plan for your organisation to capture as muchof the new market as possible to ensure rapid growth

once regional growth strengthens again

OverviewRecent indicators mark a notably high demand for Islamic products in the face of the nancial environmentwe are currently experiencing. In fact, we even saw theVatican issue a statement in March supporting the rise inIslamic banking. To help you make the most of growth inthis sector and get your foot in the door early, we havedeveloped this in-depth and innovatively structuredworkshop. Concurrently, with so many advancementsand changes in the Islamic product development eldrecently, it is important that you stay up-to-date. By theend of the day, youll have a succinct understanding ofthe drivers behind a successful Islamic banking product.

How will you bene t? Examine the intricacies of Shariah principles in Islamic

product design and follow-through

Be able to use the principles of Islamic securitisation, Islamicbonds and certi cates to build product that align with your

organisational direction Peer into the world of Islamic mutual funds, credit cards,

REITs, private equity and venture capital Tackle the challenges associated with Islamic products

development in todays market

Wednesday, 17 June 2009

Workshop B



Of cial Regional Publication Media Partners



Clearing, Settlement And CustodyIntegration As A Driver For Expansion And

Growth

OverviewIndustry professionals dealing with the clearing,settlement and custody function have becomemore and more challenged as markets adjust. Inorder to stay competitive in this eld and maintainan edge in the increasingly cluttered environment,you must learn to increase your accuracy, ef ciencyand exibility in executing these complex functions.Operating like clockwork, the complex and integratedclearing, settlement and custody tasks required of all

organisations involved demand a skilled professionalwith an in-depth understanding of market structures,securities and derivatives settlements, corporateactions, operational risk and various other processes.By attending this course, you will be in a position toexecute these functions with an even higher level ofef ciency and accuracy.

How will you bene t? Determine the role of the settlement team in managing

risk while exploring the current regulatory changes

Identify the role of key participants involved in theclearing, settlement and custody function

Understand how the current market environment affectsyour current and future role

Follow the settlement process from pre-trade tosettlement and beyond

Euroclear is the worlds largest provider of domestic and cross-border settlementand related services for bond, equity,derivatives and fund transactions.

www.euroclear.com

SPONSORSHIP ANDEXHIBITION OPPORTUNITIES

If you think investment in new securities and relatedindustries has drifted away, its time to have another look.

By sponsoring or exhibiting, you will: Position yourself as a de ning player in the

new securities market Build rapport with the biggest players in the market Showcase your newest initiatives Bene t from direct contact with your target audience And much more!

You can make it clear that you will be at the forefront ofthe new market by sponsoring and / or exhibiting at TheMiddle East Securities Forum (MESF). With the industrychanging so rapidly, the reputations of organisationsdealing with securities (reputations that will surely stay inplace for years to come) are being formed. Therefore, it isimportant that you take advantage of this opportunity.

To give you some background, we do understand that themarket for securities has changed drastically from last year and will continue to do so. However, it is not obvious what,exactly, this new market will look like and how variousplayers can take advantage of it to turn a pro t.

For tailor made packages to suit your budget contactArben Jusu at +971.4.407.2716 or [email protected]

Thursday, 18 June 2009

Workshop C



The Dubai International FinancialCentre (DIFC) is the worlds

fastest growing nancial centre.Its ultra modern, highly ef cientand well-regulated infrastructureserves both the region and the

rest of the world. DIFC bridges the time gap betweenthe nancial centres of Hong Kong and London, andprovides the Gateway to a region with the largestuntapped emerging market for nancial services. Sinceits inception in November 2004, DIFC has attracted over 750 registered companies, among them a number of theGlobal 500, with its open environment complementedby uncompromisingly high standards. DIFC also offersits member institutions incentives such as 100 per cent foreign ownership, zero percent tax rate and no

restrictions on repatriation of capital and pro t.

DIFC is an integral part of Dubais dynamic economy andwith the contribution of nancial services to Dubais GDPforecast to more than quadruple from $3.4bn today to$15bn by 2015, DIFC is rmly established as the regionsleading nancial hub.

For further information, please visit www.difc.ae

Strategic Partner

Forum Exhibitor


8/8

IIR Middle East Certifed by

ERSONAL DETAILS

lease the sessions you wish to attend:WEB A0990

FIVE WAYS TO REGISTER

www.iirme.com/mesf

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Discounts please contact Raveena:+971-4-335 2483 [email protected]

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CancellationIf you are unable to attend, a substitute delegatewill be welcome in your place. If this is not suitable, aUS$ 200 service charge will be payable. Registrationscancelled less than seven days before the event mustbe paid in full.

Avoid Visa Delays - Book NowDelegates requiring visas should contact the hotelthey wish to stay at directly, as soon as possible.Visas for non-GCC nationals may take severalweeks to process.

Due to unforeseen circumstances, the programme maychange and IIR reserves the right to alter the venue and/or

Event VenueGrand Millenium HotelDubai, UAETel: 971-4-4299999

Accommodation DetailsWe highly recommend yousecure your room reservation atthe earliest to avoid last minuteinconvenience. You can con-tact the IIR Hospitality Desk for assistance on:Tel: 971-4-4072693Fax: 971-4-4072517Email: [email protected]

ymentscon rmation letter and invoice will be sent upon receipt of your gistration. Please note that full payment must be received prior to the event.nly those delegates whose fees have been paid in full will be admitted to theent. You can pay by company cheques or bankers draft in Dirhams or US$.

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Early Bird Discounts

F150

MESF14 18 June 2009

Price before5 April 2009

Price between5 and 26 April 2009

Price after26 April 2009

Entire Event US$ 4,195(Save US$ 2,190)

US$ 4,445(Save US$ 1,940)

US$ 4,695(Save US$ 1,690)

Two-Day Forum and 2 Workshops US$ 3,785(Save US$ 1,345)

US$ 3,985(Save US$ 1,145)

US$ 4,185(Save US$ 945)

Two-Day Forum and 1 Workshop US$ 3,155(Save US$ 720)

US$ 3,305(Save US$ 570)

US$ 3,455(Save US$ 420)

Two-Day Forum US$ 2,420

(Save US$ 200)

US$ 2,520

(Save US$ 100)

US$ 2,620

Any One Day Workshop US$ 1,155(Save US$ 100)

US$ 1,205(Save US$ 50)

US$ 1,255

Two-Day Forum 14 15 June 2009

Workshop A 16 June 2009 Recognising Opportunities AndCreating A Plan To Re-Enter TheNew Market With Strength

Workshop B 17 June 2009 Innovation In IslamicProduct Development

Workshop C 18 June 2009Clearing, Settlement And CustodyIntegration As A Driver For Expansion

And Growth

Register for two placesand receive the third for FREE!

Call +971-4-3352437 or email

[email protected] for further details

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the middle east securities forum

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