April 25, 2024

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UAE Banks Federation to host 2nd annual conference

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 U.A.E. Banks Federation will host The Middle East Banking Forum
U.A.E. Banks Federation will host The Middle East Banking Forum

 The U.A.E. Banks Federation will host The Middle East Banking Forum, its second annual conference, in Dubai on November 17th. Representing 49 member banks operating in the U.A.E., the Federation will again be working with the Financial Times Live and The Banker magazine to produce a programme of topical and insightful discussions, presentations and debates with a wide range of local and international business and finance leaders who will share their experience and expertise with delegates.

The Middle East Banking Forum will focus on banking innovation in the digital world, and the impact an increasingly digitally connected world is having on the industry. With the launch of its Smart Government Mobile Wallet initiative, the banking sector in the U.A.E. is keeping pace with the new technologies.

AbdulAziz Al Ghurair, Chairman of the U.A.E. Banks Federation, said, “Last year’s event was a huge success, with senior attendance from across the regional banking sector, and a very high standard of presentations and debates. We are confident that the second edition of the forum will return with success and development of best practices to further improve the banking system. We aim to assess the effectiveness of the new delivery channels being used by banks.” The event will include a series of presentations, panel sessions and on-stage interviews, where chief executives from regional and international banks, consultants, experts and other senior banking leaders will offer their thoughts on innovation in delivery channels and strategy, opportunities and pitfalls of mobile banking and payments, as well as key sessions on governance and ethics, ethical behaviour, financial inclusion, financial education, consumer protection and others.

The event will focus on latest global and U.A.E. developments in financial regulation, SME finance, and how they contribute to the economies in the Middle East. Other subjects that will also be examined include Islamic banking, and the growing demand for Islamic banking products and innovation.

Source : WAM News Agency for United Arab Emirates

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