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31 October - 1 November 2010 - Sheraton Kuwait Hotel & Towers

2010

Under the patronage of the Prime MinisterH.H. Sheikh Nasser Al-Mohammed Al-Ahmed Al-Jaber Al Sabah

Diamond Sponsor

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KUWAiT FinAnciAl ForUM 2010

Kuwait Financial Forum 2010 will be held for the second consecutive year under the patronage of H H Sheikh Nasser Al-Mohammad Al-Ahmad Al-Jaber Al-Sabah, Prime Minister of Kuwait. This year’s forum follows on the overwhelming success of the first forum in 2009 both in terms of the number and level of participation, and the relevance of the topics discussed, such that it quickly established itself as a major regional event and a necessary platform for an annual in-depth discussion of major issues and topics in the Arab financial industry.

Kuwait Financial Forum 2010 will convene on October 31-November 1, 2010 at the Kuwait Sheraton Hotel. It is organized by Al-Iktissad Wal-Aamal Group and the Central Bank of Kuwait in cooperation with Kuwait Banking Association. The Forum is expected to attract the participation of government leaders, central bank governors,CEOs and senior executives of a large number of banks and financial institutions in the region Arab world, as well senior representatives from international banks operating in the region,

This year’s meeting will be held against the background of the continuing repercussions of the global financial crisis and ongoing urgent efforts to reform the financial and banking systems, as well as the continuing debate on the nature and extent of the required reforms. These issues will be at the heart of the forum’s discussions, especially in terms of their implications for the Arab economies and the regional financial and banking systems.

KUWAiT FinAnciAl ForUM 2009

The 2009 forum brought together more than 700 deligates including ministers, central bank governors, banking and corporate leaders from more than 15 countries.

The forum also included ceremony to honor the lifetime achievements of: H.E. Dr. Ibrahim Al Assaf, Minister of Finance of Saudi Arabia, H.E. Ali Thanian AL Ghanem, Chairman of Kuwait Chamber of Commerce & Industry, Mr. Ibrahim Dabdoub, Group CEO of National Bank of Kuwait and Mr. Faisal Al Ayyar, Vice Chairman of Kuwait Projects Co. (Holding) - (KIPCO).

This year’s forum will be addressed by top government officials, central bank governors and representatives of multilateral organizations, in addition to leaders of Arab and international banks and financial institutions, among which:

H.E. Sheikh Salem Abdul Aziz Al Sabah, Governor, Central Bank of Kuwait H.E. Sheikh Abdullah Bin Fahed Saud Al Thani ,Governor, Qatar Central Bank H.E. Mr. Rashid Mohamed Al Maraj, Governor, Central Bank of Bahrain H.E. Dr. Umayya Salah Toukan ,Governor , Central Bank of Jordan Dr. Jassem Al Mannai, Director General Chairman, Arab Monetary Fund H.E. Dr. Jihad Azour, Former Minister of Finance in Lebanon and Senior Regional Advisor, Booz & Co Mr. Erdem Basci, Deputy Governor, Central Bank of Turkey Mr. Adnan Youssef, Chairman, Union of Arab Banks, CEO, Al Baraka Banking Group Mr. Hamad Al Marzouk, Chairman, Kuwait Banking Association Mr. Mahmoud Abdul Latif, Chairman, Bank of Alexanderia Mr. Mohamed Sulaiman Al Omar, CEO, Kuwait Finance House Mr. Simon Cooper, Chairman, HSBC Bank Middle East Ms. Shaikha Khaled Al Bahar, CEO, National Bank of Kuwait Mr. Jean-Christophe Durand, Managing Director, BNP Paribas-GCC Mr. Manaf Al Hajeri, General Manager, Kuwait Financial Center – Markaz Dr. George Abed, Senior Counselor and Director for Africa and Middle East, Institute of International Finance- IIF

SPeAKerS:

Participants per sectors:

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AGenDA

SeSSion i: laying the Foundations for long Term Global economic Stability

Is the current economic recovery based on strong fundamentals, or is it still fragile? Is it time to stop expansionary fiscal and monetary policies that were put in place after the crisis or to consolidate? What are the reforms and policies required to promote the global economic order and avoid recurrence of the crisis? Have the G20 countries succeeded in finding the necessary consensus to launch and achieve needed reforms to the global financial system?

SeSSion ii: requirements for rebuilding Banking and Financial regulatory Systems in light of the Global crisis

The global financial crisis and its consequences created a growing need for revising banking and financial markets regulatory systems and procedures, and the development of new regulatory systems to correct the shortcomings that, in conjunction with easy monetary and economic policies, were at the root of the global crisis

Central bank governors will take part in this session to discuss banking and financial reforms proposed in Europe, the United States and the G20 group, including the new Basel regulations, their expected impact on Arab banks and financial institutions, and how to deal with them on a regional basis.

Required banking and regulatory reforms to ensure sound financial markets. Evaluating the different European and American propositions for banking reforms. The new Basel requirements.

SeSSion iii: : The road Ahead for the Arab economies

Policies needed to support sustainable growth and boost economic competitiveness in the region. Have economic diversification efforts succeeded? Should governments maintain their expansionary fiscal policies for the coming period? How can the private sector be supported to regain the momentum lost because of the global crisis.

SeSSion iV: How Will Arab Banks Face Up to next Phase? Have banks fully recovered from the repercussions of the crisis? Do they still need government support? How will banks deal with new regulatory environment? How can Arab banks help cover the financing gap caused by the crisis?

SeSSion V: investment Prospects in Arab Markets Trends in Arab financial markets during 2010 and beyond. International and regional economic fundamentals driving markets in 2010 and beyond. Is there a need to strengthen regulatory systems and procedures? Is there a need to regulate foreign investment flows into Arab financial markets?

SeSSion Vi: The Future of Development Financing Impact of the crisis on development financing? What are the means to promote development financing in the post-crisis period. Have development funds changed their financing strategies, particularly Arab funds?

SeSSion Vii: Kuwait and the new Development Plan Expected impact of the new development plan on different sectors of the Kuwaiti economy. How will the plan be financed? Implications of the plan for investment opportunities in Kuwait.

AGenDA

KUWAiT BAnKinG ASSociATion

Established on 12th of December 1981 Kuwait Banking Association has defined its main objectives as enhancing cooperation among member banks, assisting local banks and helping in the development and safeguarding of Kuwait banking system.

One of the main objectives of the Committee was also to help local banks cope with the constant development of banking system.

The objective of the Union concentrated on three main areas:1. Achieving the common objectives and interests of local banks. 2. Supporting the local banking system 3. Enhancing areas of cooperation and coordination among banks and financial institutions particularly in Kuwait, the GCC and the Arab region

orGAnizeD BY:

cenTrAl BAnK oF KUWAiT

The Central Bank of Kuwait was established in 1969 with a mission to consolidate the foundations of Kuwait baking system and maintain a flexible, business-friendly and stable monetary financial regime in the State of Kuwait.

cBK’s objectives include:• Issue the Kuwaiti Dinar on behalf of the State of Kuwait. • Direct credit policy to assist social and economic progress. • Assist the growth of the national income. • Control the banking system in the country.

CBK also acts as a banker and financial advisor to the government, while representatives from both the public and private sectors make up the Board of Directors.

Al-iKTiSSAD WAl-AAMAl GroUP

Al-Iktissad Wal-Aamal Group is the leading publishing and conference organizer group in the MENA region. Established in 1979, the Group has a network of office organizing in Beirut, Kuwait, Riyadh, Jeddah, Dubai, Doha, Cairo, and Istanbul.

The Group has organized over 200 conferences and forums in more than 15 countries. In the last two decades major conferences organized by Al Iktissad Wal- Aamal Group: Arab Economic Forum, Saudi Economic Forum, Construction & projects Forum, Abdu Dhabi Economic Forum, Qatar Economic Forum, Kuwait Financial Forum, Turkish-Arab Economic Forum, Cairo Investment Forum, Jordan Economic,Algeria Economic Forum, Beirut Arab Oil and Gas Forum, Beirut Islamic Forum.

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