Under the patronage of His Highness Sheikh Sabah Al-Ahmad Al-Jaber Al-Sabah, Emir of Kuwait, the Kuwait Banking Association, in collaboration with Al-Iktissad Wal-Aamal Group are organizing the "Kuwait Financial Forum" on April 4 and 5, 2017, at the Sheraton Hotel -Kuwait.
The forum is organized in light of new economic conditions, most importantly the falling oil prices and the entry of government budgets in the deficit phase, as well as the increasing signs of continued international economic slowdown and the increasing challenges of compliance with international laws and regulations related to fighting money laundering, terrorism financing, tax evasion and corruption. The consequences of regional crises might put Gulf markets in front of new challenges that should be faced with new strategies, both by governments and regulatory authorities or by banks, which are invited in turn to re-evaluate different issues in order to identify risks and new opportunities, both in the domestic market or in emerging foreign markets.
The “Kuwait Financial Forum” is a platform for governments, relevant regulatory authorities and leaders of Gulf and international banks and companies, as well as financial economists and experts to discuss issues and challenges facing the Gulf banking sector in the next phase and future options with comprehensiveness, and to give proposals for meeting those challenges and developing the banking sector in this high-risk phase.
- Pillars of economic visions and reform plans and potential impact on GCC economies
- Raising non-oil revenues and restructuring subsidies
- Prospects of the GCC economic union
- Needed monetary policies to sustain reforms and boost growth
- International regulatory developments and the challenge of compliance
- Keynote Address: Global Economic and Investment Outlook
- Foundations of Kuwait vision; rising between sustainable development and Economic diversification
- Challenges of the banking industry in an environment of slow growth, declining government and tight liquidity
- Stimulating sukuk’s markets and developing Islamic financial instruments
- GCC banks digital strategies