Posted on December 09, 2015

Hundreds of senior bankers, financiers and economic experts are due to arrive in Qatar for The Euromoney Qatar Conference 2015, which runs from 9-10 December 2015. H.E. Sheikh Abdullah bin Nasser bin Khalifa Al Thani, Prime Minister, State of Qatar, will give an opening address at the event.

His address will be followed by keynote speeches and interviews with senior Qatari leaders, including:H.E. Mr Ali Shareef Al Emadi, Minister of Finance, State of Qatar; H.E. Dr Hessa Al-Jaber, Minister of Information and Communications Technology, State of Qatar; Yousuf Mohamed Al-Jaida, Chief Executive Officer, Qatar Financial Centre; and Dr R Seetharaman, Chief Executive Officer, Doha Bank; and global executives including Dimitris Tsitsiragos, Vice President, International Finance Corporation; Sir John Scarlett, Former Chief, MI6; and Sarkis Yoghourtdjian, Advisor, Banking Supervision and Regulation, Board of Governors, Federal Reserve System.

The Euromoney Qatar Conference is one of the most important platforms for bringing national finance leaders and international banking executives together, and this year’s conference – held during a period of significant financial uncertainty – is being seen as one of the most important organised to date.

Richard Banks, Consulting Editor at Euromoney Conferences and Managing Director of RMBanks & Co. Ltd., who is chairing both days, explains: “The Euromoney Qatar Conference has traditionally served as a meeting point for international and regional financial leaders, offering perspectives from across the industry and around the world. This year, as leaders face up to some of the growing financial challenges and a widening divergence between emerging, European and American economies, we’ve seen strong demand for places. In particular, Qatar’s position as a hub of stability in an increasing uncertain region makes it an ideal venue for this conference.” 

Major conference examines Investing [qatarisbooming.com].jpgQatar’s ‘solid and strong’ macroeconomic policy of diversifying its hydrocarbon-rich economy received positive feedback from the International Monetary Fund in November 2015. The nation’s Ministry of Development Planning and Statistics has predicted that the non-hydrocarbon sector will grow faster than hydrocarbons from 2015-2017.  Non-hydrocarbons contributed 62% of the real gross domestic product (GDP) in 2014, and their share of the economy is likely to rise in an era of low oil prices.

Qatar’s stability contrasts significantly with the global picture, with global growth averaging 3.1% this year (down from 2014’s 3.4% average), and with very different growth rates in the U.S, Europe and emerging markets. The IMF has predicted that the U.S. economy will expand 2.6% in 2014 and 2.8% in 2015, while America’s employers have added nearly three million jobs this year. In contrast, the Eurozone’s economy shrank in 2012 and 2013, and grew less than 1% last year.

For bankers looking to understand the trends driving this apparent divergence, The Euromoney Qatar Conference is running special sessions looking at some of the key topics. Panels and workshops will be held on ‘Qatar’s Strategy in a Changing World’, ‘Finance and Capital Markets in Qatar’, ‘Technology and Finance’ and ‘The Energy Strategy.’

The Euromoney Qatar Conference will also organise a special pre-conference workshop on entrepreneurship in Qatar, in partnership with Qatar Development Bank. The session will look at QDB’s model of small company growth and the benefits it provides for Qatar, as well as reviewing the broad range of incubators and programmes being established to support the start-up and small business sector.

For more information on The Euromoney Qatar Conference 2015 or to register, please visit www.euromoneyconferences.com/qatar.

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