Special workshops to mark financial brokerage meet in Abu Dhabi

September 2nd, 2008 - 12:47 pm ICT by IANS  

Abu Dhabi, Sep 2 (IANS) Special workshops providing a suitable environment to participants to meet and exchange ideas will be the highlight of the Financial Brokerage Forum (FBF) to be held in Abu Dhabi in October this year.This year’s theme of the forum, to be held Oct 14-15, is ‘Investment in a New Global Economy’, the official Emirates News Agency (WAM) said.

The event is being organized under the patronage of the United Arab Emirates’ (UAE) Minister for Economy Sultan Bin Saeed Al-Mansouri by the Securities and Commodities Authority (SCA), in cooperation with Etisal event management company, and with the support of the Federation of Gulf Cooperation Council Chambers (FGCCC).

According to the WAM report, the workshops will be held in the evening of the second day of the forum.

These workshops will cover three primary areas.

A workshop on securities in the Gulf region will discuss licensing firms, their monitoring and audit, and how to improve the process.

Another workshop will cover the rules and regulations governing commercial brokerage firms in the region, and how to establish contracts with local and foreign corporations.

A third workshop will be on auditing firms and their interaction with financial brokerage companies.

Ziad Dabbas, member of FBF’s advisory committee, said that since the forum would provide a platform for communication and discussion between various parties, “the decision was made to hold different workshops that discus the aspects that influence financial services firms”.

Corporate governance is another issue that will come up for discussion, the WAM report said.

Etisal managing director Nada Jaber said the aim of organising this event was “to increase economic cooperation between the GCC states, to create an opportunity to discuss all issues that concern financial brokerage in the region, and to come up with recommendations that will benefit the market and financial brokerage firms”.

Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and the UAE comprise the GCC. “We chose the emirate of Abu Dhabi to host this event because of its economic and financial strength in the region and because of its leadership of the splendid national renaissance in all areas,” Jaber added.

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