Kuwait Finance House announced that it will take part in the annual forum held by Euromoney in Kuwait 2012, which commences on March 27th. The prestigious event will be attended by elite businessmen and financial experts from around the globe. The forum will discuss the most prominent global economic challenges and developments, and their consequences on the Kuwaiti economy.
KFH’s CEO Mohammed Al-Omar will take part in the one-day event that will be also attended by Minister of Finance Mostafa Al-Shamali. Al-Omar will have an interview with the manager of emerging markets at Euromoney Richard Banks. The interview will shed light on the unique developments that the Islamic financing sector has witnessed during the past 10 years, and the accomplishments made by Islamic banking during the financial crisis, in addition to its ability to stabilize the global economy during the coming years. The interview will also discuss Kuwait’s ability to become a hub for Islamic financing, in light of the accelerating developments witnessed by this sector.
It is worth noting that this is the fourth consecutive year that Kuwait hosts this forum that will deliberate issues such as the effect of global economy issues of the Kuwaiti economy, the means required to allow the local economy to face global challenges, and the expectations of analysts and experts who will attend the event. The forum will be held at a time when global financial crises have been hitting global markets; especially the Euro zone debts crisis.