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Dubai to host 8th GCC financial market summit in January

DUBAI - CEOs, executives, investors, consultants, representatives of public listed companies, stock brokers, shareholders, stock market regulators, government officials, financial controllers, business analysts, business development managers, researchers and academia will descend on Dubai on 26th January 2010 for the 8th GCC financial market summit.

To be organised by Datamatix, the summit discusses GCC market performance and GCC financial and capital markets future for their recovery from the world financial crisis, and the GCC market financial stability. It also discusses the GCC and global financial markets.

The summit will discuss in a day- long discussion the role of private sector in developing GCC stock market shareholders and ways of connecting them to the global markets and the future of GCC stock markets and companies after the global recession and financial markets forecast 2010, besides a survey on ways of integration among GCC markets .

The summit, which aims to address major issues like financial concentration and market stability and trends, will shed light on stock exchange volatilities and the risks and opportunities in the GCC stock markets, as well as their correlation to global markets.

It will also cover best practices to combat possible threats and abuses and discuss the

need to create more integrated markets and faster information linkages between the regulatory authorities and investors.

“GCC Stock markets attracted Gulf and foreign investors’ attentions and witnessed several challenges and obstacles that affected the investors trust and minimized

investment opportunities and risks in GCC markets” Ali Al Kamali, head of the event organizing committee, said.

He added “8^th GCC Summit will be held because of what the region is facing in investment environment and re-engineering the stock market on a solid and developed base .”