Menacorp voices full support for Arab financial sector at Arab Federation of Exchanges Annual Conference

April 16, 2015: Menacorp, the UAE’s largest financial services firm, has reaffirmed its commitment to help sustain the growth of the Arab financial markets after extending its full support to the upcoming Arab Federation of Exchanges (AFE) Annual Conference titled ‘AFE Equities Summit 2015.’ The company is the main sponsors of the event which is scheduled to take place from April 22 to 23, 2015 at the Ritz-Carlton Hotel in Manama, Bahrain.

Under the patronage of H.E Rashed Mohammed Al Maraj, Governor of the Central Bank of Bahrain, this year’s high-level conference will gather all key leaders in the Arab financial industry as well as regional and international experts under one roof to discuss current and future trends and significant opportunities and challenges in the regional equities market.  Sheikh Khalifa Bin Ebrahim Al Khalifa, CEO of Bahrain Bourse, Ahmed Saleh Al Marhoon, Director General of Muscat Securities Market and Jalil Tarif, Secretary General of the Union of Arab Securities Authorities will be among the prestigious list of speakers representing the Middle-East and North Africa region. International speakers list includes notably, Dominique Cerruti, Chairman of Euronext, Meyer S. Frucher, Vice Chairman of the Nasdaq OMX Group, Deirdre Sommers, Chief Executive of the Irish Stock Exchange and Sunil Benimadhu, Chief Executive of the Stock Exchange of Mauritius.

Fathi Ben Grira, CEO, Menacorp, said: “The AFE Annual Conference’s objectives fall in line with our aspiration of helping strengthen and bolster the Arab financial sector. We fully support the efforts of Dr. Fadi Khalaf, the Secretary General of the Arab Federation of Exchanges, in establishing a higher integration, or at least a greater cooperation, between the exchanges of our region. Menacorp was already the main sponsor of the 2014 summit and we are proud to renew our commitment for 2015. This year’s summit will provide all participants with not only a venue to talk about issues relating to financial markets but also a platform where they can exchange experiences and ideas with their global counterparts. The learning and networking opportunities in the conference will be immense and will open up new leads for the attendees. We look forward to having meaningful dialogues with local, regional, and global leaders and stakeholders as we work together towards reinforcing the regional industry.”

The leading investment firm is one of the few UAE-based brokers authorized by the Securities and Commodities Authority to offer Margin Trading and access to regional and international markets. It is backed by one of the largest and most diversified Emirati conglomerates, the Bin Hamoodah Group, the main shareholder of the company.

This year’s summit will be held in partnership with Thomson Reuters and Bahrain Bourse. World-class speakers and panelists as well as senior regional and international market experts will be featured in the event’s series of engaging panel discussions.

Among the topics to be discussed are the global trends in the Arab and global exchange markets; opening the Saudi market and the underlying implications; Exchange Traded Funds (ETFs), Tracker Funds and market making; direct market access, new technologies and market protection; Regulators, Exchanges and Brokers: A push and pull relation; attracting new Initial Public Offerings (IPOs); and Arab markets overview and expectations: Fundamental and Technical Analysis.