A new Middle East network of corporate finance specialists has been launched with more than 100 people turning up for the event in Bahrain.

The Institute of Chartered Accountants in England and Wales (ICAEW), a leader in the accountancy and finance profession, launched its Middle East network of its Corporate Finance Faculty, offering professionals working in corporate finance across the region access to the latest technical information, networking opportunities and a platform for exchanging experience.

'Highly-qualified professionals with thorough knowledge of financing and restructuring of businesses will play a key role in the continued growth of the Middle Eastern economies,' said ICAEW regional director Middle East Amanda Line.

'The ICAEW is keen to create platforms for finance professionals to exchange expertise and learn from peers.

'The launch of the ICAEW Corporate Finance Faculty in the Middle East is one of many initiatives ICAEW is engaged in across the region.'

The ICAEW Corporate Finance Faculty's Middle East network's activity will be championed by BDO Bahrain partner Peter Petyt and Deloitte chief executive of corporate finance in Dubai Chris Ward.

'Staying on top of any developments is important to do a good job in any industry and profession but for corporate financiers it is absolutely critical,' said Petyt.

'Having access to a forum where experiences and knowledge can be shared and discussed with peers is of enormous benefit to any professional.

'The ICAEW Corporate Finance Faulty provides a 'meeting place' for people in all types of corporate finance roles across the region, providing networking opportunities as well as access to the latest in technical information, providing an opportunity to continue their professional development throughout their career,' he said.-TradeArabia News Service