Gulf International Bank BSC (GIB) will host the 2014 Institute of International Finance (IIF) MENA Regional Economic Forum, which opens on Monday (Sept. 29) at the Ritz Carlton in Bahrain.
The two-day forum brings together senior executives of IIF member firms in the MENA region, and of global institutions active in the region, and will address the challenges of economic diversification and meaningful job creation in the oil-producing economies.
Yahya Alyahya, CEO, GIB, a member of the IIF board, said: “We are delighted to host the 2014 edition of the IIF MENA Regional Economic Forum against the backdrop of the region’s growing stature in the global financial system. From prospects for the regional financial sector and economies to the energy outlook for the region, the range of discussions and speakers at the forum will foster a greater understanding of the challenges and opportunities facing the Middle East.”
George T. Abed, senior counselor and director for Africa and the Middle East at the IIF, stated: “We are delighted to partner with our colleagues at GIB, a long-standing member of the IIF, in organizing this important regional event. The IIF greatly values its large and growing membership in the MENA region and is pleased with the high level of collaboration we have with policy makers and market participants in promoting financial stability and sustainable growth through a variety of programs tailored to the needs of financial institutions in the region.”
GIB is a major bank in the Middle East with its principal focus on the Gulf Cooperation Council (GCC) states offering a range of financial products and services that meet the needs of its customers.
The IIF is the global association for the financial industry, with close to 500 members from 70 countries. Its mission is to support the financial industry.