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Financial Markets Conference Challenges Industry Experts to Brace for Change

A leading economic macro expert has actually asked for a "Mini Marshall Plan" to help the Middle East push up economic development and decrease dependence on commodities.

Christopher Dembik, head macro analyst at SAXO Bank and an audio speaker at the 42nd ICA Meeting in Dubai, has actually suggested that an aid campaign, smaller sized in range however similar to the European Recuperation Programme rolled out by the UNITED STATE in order to help restore Western European economies after the end of The second world war, can consist of significant regional infrastructure projects in power, transport and water, and further steps towards much deeper financial market integration.

" For foreign investors, it is essential that liquidity is high and guideline a lot more business-friendly in the Middle East region," stated Dembik. "Progress has actually been made in that direction recently and our team believe that Saudi Aramco's IPO will clearly be positive for the region and press investors to take a look at other business and financial opportunities in the Middle-East."

Dembik joins up with an unrivalled panel of professionals at the upcoming ICA Meeting, occurring from 22-25 November at the Sofitel Hotel and Hotel, The Palm, Dubai, consisting of key note audio speaker Sir Peter Westmacott, British Ambassador to the United States from 2012 to 2016.

Other professionals include Colin Ellis, Managing Director and Chief Credit Officer EMEA at Moody's Investors Solution; Huw Tablet, Chief European economist and co-head of the European Business economics group at Global Financial investment Study; Jennifer Hansen, Executive Vice President and Head of Global Sales Method and Implementation at SAXO Markets; Joo Pedro Goncalves, Financial Economist, LSE UNDP; Carla Slim, Chief Economist at Criterion Chartered Bank; Michael Creed, Senior Manager, Policy and Approach, Dubai Financial Services Authority; Chelsea Rustrum, writer and publisher from San Francisco, among many others.

The four day 42nd ICA Conference and exhibit is organised by the UAE Financial Markets Association in collaboration with the International Cambist Association (ICA) and critical partner Emirates NBD.

Outlining what delegates at the seminar can anticipate to hear from him during his Global Growth Outlook: Lowered Expectations? session, Dembik stated: "I consider this period of global positive outlook relating to the path of development fairly stressing as there are early indicators that economic development could be lower than anticipated in coming years.

" Based on our calculations China's credit impulse was down 25% year on year in the second quarter of 2017 and as the IMF advised us recently, China make up around one third of global growth impulse. This could, in turn, cause reduced global GDP growth and higher danger of market correction.

" The 42nd ICA Seminar is a not to miss out on event for the monetary industry, and as part of the local business in the center East it makes good sense that SAXO Bank participates in. We have a long-standing partnership with many Middle Eastern nations and clients and so going to the occasion is a method to sustain the efforts to promote the region as a key financial hub."

Mohammed Al Hashemi, President of the UAE Financial Markets Organization, said: This years theme is Bracing for Change and will see our speakers and delegates tackle leading issues such as the increase of populism in the West, opening up to originalities and the increase of the sharing economic situation, prized properties and the boosting relevance of GCC Sovereign Wide range Funds, capital markets to the rescue and a concentrate on residence grown ability from local and international perspectives.

The 42nd ICA Conference is supported by Strategic Partner Emirates NBD, Gold Sponsors FAB (First Abu Dhabi Bank), ICAP Middle East and Murex, Silver Sponsors ADIB and Tullett Liberty (Bahrain) and Bronze Sponsor SAXO MARKETS. More information on registering to attend is available on

Inscriptions:
1. Mohammed Al Hashemi, Chairman of the UAE Financial Markets Organization.
2. Christopher Dembik, head macro expert at SAXO Bank and an audio speaker at the 42nd ICA Seminar in Dubai

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