Meet to focus on $1trillion project finance market
Dubai, December 11, 2007
Fleming Gulf will hold its 4th Annual Middle East Project Finance Conference from May 26–28, 2008 in Dubai.
The meet will convene more than 170 senior executive heads representing the international banking, finance and investment; and key oil & gas, petrochemical, utilities and infrastructure sectors, the company said in a statement.
The meet will see discussions on the latest mechanisms for financing complex transactions and outlook for the next wave of mega-deals thereby cementing and reinforcing the status that the conference acquired over the last three years, it said.
With project finance deals worth $1 trillion underway or in the pipeline, Middle East is indeed emerging as a strategic global hub for project financing, Zenab Husain, senior conference producer with Fleming Gulf said.
These spurring and exponential developments in each industrial segment of Middle East– oil & gas, petrochemicals, infrastructure, utilities & real estate are substantial enough to place the region second only to China as a focus for project finance over the next years. As the business has transferred dramatically from past few decades, there seems to be no dearth for project finance opportunities and such prosperity is likely to continue at the same pace over next decade or longer, Husain added.--TradeArabia News Service
More Finance & Capital Market Stories
- Finance House approves 25pc cash dividends
- Qatar 'most expensive country in Gulf'
- Egypt regulator sets rules for index
- Dubai Islamic eyes Kenya, Indonesia for expansion
- ADCB to buy back 3pc of its shares
- GCC insurance growth outpaces developed markets
- Bahrain 'faces budget deficit, inflation challenges'
- Global Payment Services wins key certification
- BBK unveils big India expansion plans
- Kuwait GDP growth to hit 3.5pc in 2014
- Gulf shares tumble over EM exposure cut
- GCC bonds to gain from macro-economic climate
- French Business Council Dubai members up 18pc
- Egypt economy growth seen less strong than thought
- Sharjah approves $4.2bn budget for 2014
- Saudi non-oil sector posts solid growth in Feb
- Seera total income rises to $34m
- NBAD approves 40pc cash dividends
- NBAD sees 8-10pc loan growth
- Al Basel Group launches investment arm
- Union Insurance posts $18m profit
- Oman warns banks on conflicts of interest
- Japan to lend Tunisia $480m
- 400 to join anti-laundering seminar in Riyadh
- Lebanese insurer to head Prague Club
- UAE's first REIT plans $135m IPO
- Bahrain banking industry outlook 'positive'
- New India Assurance opens Bahrain branch
- Qatar sets up mixed business incubator
- Kuwait budget spending up 8pc in April-Jan