ACT Middle East growing strong

Just under 500 finance and treasury professionals gathered at the Conrad Dubai Hotel on 24-25 October for the ACT Middle East Annual Summit – the largest event of its kind in the region. From technology to strategic treasury and leadership issues, what an insightful debate it was. Coupled with the fantastic support of all our sponsors, speakers and delegates, it was undoubtedly our best Middle East event to date. We had over 260 companies present from A to Z, including Almoayyed International Group, Aramex, Chalhoub Group, Du, elseco, Etihad Airways, Government of Sharjah, Gulf Energy, Landmark Group, Oman Trading International, R.A.K. Ceramics, Sephora, Webcor

Under sunny skies!

The Autumn conference season for the ACT has been in full swing around our network from the UK to Hong Kong and today we opened in Dubai for our 8th year, this time billed as the ACT Middle East Annual Summit. Fashions in conference names seem to go in cycles from forums (should that be fora?), summits and exchanges, to roundtables, seminars and retreats all the way back to, well, conferences! I am sure there is research somewhere that tells us what delegates think of the name but in truth, it’s the experience that counts and today has been one

Does Brexit matter to me?

It’s not just a UK issue – treasurers everywhere need to be prepared for the ripples reaching their shores… For those organisations beyond the UK, it may be tempting to assume that Brexit is ‘just’ a local issue for the British and that it will have no impact on their own activities. But even in these early days, before any actual negotiations have got underway, this may not be an accurate assessment. If your organisation has any interaction with the UK (however indirect), it would be worthwhile considering what Brexit may mean for you. For example, do you have customers

ACT Middle East Annual Dinner and Treasury Awards

Treasurers proving their worth, celebrating success with their peers. In the words of the song, ‘there’s nothing a little moonlight can’t do’, or, in our case for the ACTME Annual Dinner and Treasury Awards, the lovely surroundings of the Four Seasons Jumeirah Dubai!  For the second year running the ACTME brought together dinner guests from across the regions, treasury and finance communities to celebrate the only treasury awards in the region for treasurers, judged by treasurers. The ACTME Chair, Matthew Hurn, Executive Director – Finance, Emerging Sectors at Mubadala Development Company, kicked off the evening with a welcome address commenting,

Taking treasury to the next level

ACT Middle East Technology breakfast, 10 May 2016 In the latest of a series of ACTME technology driven breakfast seminars more than 65 treasurers, consultants and systems vendors (including from our sponsor, Kyriba) enjoyed a sumptuous breakfast at the Four Seasons Jumeirah before getting down to some serious work; a pity, as the gardens and pools are seriously tempting! The session was centred on two key themes – the continuing importance to every business and organisation of cash and cash flow and demonstrating the real value of treasury management systems in addressing the management of those flows. The real debate

An eye on dept capital opportunities

Oman-based members of the ACT Middle East network participated in the recent GBSA Oman Debt Capital Markets Conference held at the Intercontinental Muscat on 4 February 2016. The event was attended by prominent regulatory, market and industry leaders and leading corporate finance and treasury executives. In his keynote address, HE Hamood Sangour Al Zadjali, Executive President, Central Bank of Oman reassured the audience that the Omani banking industry was well capitalized and sufficiently liquid. He went on to state that government debt needs were not large or frequent enough to cause serious issues for local liquidity and although the market

Our highly successful sixth ACT Middle East Annual Conference attracted treasurers from across the GCC

MEACT’s sixth conference for the region was attended by more than 340 delegates and some prestigious speakers. Peter Matza discusses the highlights. Our highly successful sixth ACT Middle East Annual Conference attracted treasurers from across the Gulf Cooperation Council. This year we also hosted the International Group of Treasury Association Conference. Treasurers came together to network, swap case studies and discuss the latest regulatory, technical and career professional development needs of the global treasury profession. We also found time to see the latest problem-solving technologies that bank and technology service providers have to offer. Our opening keynote speaker, Her Excellency

What’s happening in business, finance and treasury in your region?

A round-up of events in the Middle East region Strong growth in Islamic finance set to continue. Two key reports point to strong and sustained growth in Islamic finance worldwide, with Gulf Cooperation Council (GCC) countries providing a significant contribution to its expansion. Islamic finance assets grew to $1.8 trillion over 2014, according to the Islamic Finance Development Indicator Report, a joint initiative from Thomson Reuters and the Islamic Corporation for Development (ICD), which is the private-sector development arm of the Islamic Development Bank. The report, released for the third consecutive year at the World Islamic Banking conference in Bahrain