The 15th MENA Forex, Managed Funds and Investment Show and Conference Dubai kicked off on Thursday 26 November 2015 at the Westin Mina Seyahi Hotel, with the participation of leading trading and brokerage firms, financial companies, international banks, investment institutions, technology providers, prominent speakers and financial experts, investors, traders, IBs, affiliates and brokers from more than 15 countries who are visiting Dubai specifically to participate in this event, which lasts for two days.
Arabcom Group President Katia Tayar said in her key note speech at the inauguration of the conference that “the online trading and investment sector has exceeded all expectations during the past years, considering the total global volume of online trading through digital platforms which currently stands at more than five trillion dollars a day, twice the number in 2007 when we launched the first series on online trading-related shows in the MENA region,” confirming that “the foreign exchange market is considered by far the largest financial market in the world”.
She highlighted the “crucial role of Arabcom Group in enhancing the knowledge of online trading and in enhancing the knowledge in the financial and online trading sectors, and promoting investment opportunities in a way that meets the ambitions of the people in the region and officials who are seeking e-governments and societies and economic growth”.
On the other hand, Tayar warned against so-called “random” online trading, calling on traders to “be fully conscious and strictly deal with regulated brokerage companies, as well as to follow up on news, analyses and forecast of international analysts and finance experts.” She also called for ratifying legislations that regulate the work of local offices and branches.
The conference held on the sidelines of the show included lectures by prominent speakers, most notably most notably Gerchik & Co CEO Alexander Gerchik coming from Russia for the first time in the Middle East after his participation in the World Economic Forum in Davos who explored innovative technologies in the trading world, the finance guru and expert in Asian Market Marshall Gittler of FXPrimus who explained why the safe-haven JPY and CFH won’t be safe in 2016, the financial analyst Noureddine Al-Hammoury of ADS Securities who announced his forecast on FED rates in December, as well as the global markets specialist Amr Abdo Zakaria of Tradesys Advisors who talked about investing in the US Real Estate Market using real estate Investment Trust Funds REITs.
The Conference included the presentations of ICM Capital’s Wissam Al-Sallakh who explored bearish and bullish signals for the oil markets, AiFX and Equity’s Richard Churchman who explained how to use predictive analytics for forecasting, CFI Markets’ Simon-Peter Massabni who elaborated the good, bad and ugly in today’s economy, followed by Ricardo Evangelista of ActivTrades who shed the light on the importance of information and news in the financial markets, in addition to FXStations’ Fady Kamel who explored traders trends, and last but not least Peter Leonidou of Leverate on how to establish and maintain a successful brokerage.
Friday 27 November includes the presentations of abovementioned Alexander Gerchik on the risk management in the trading world, and Noureddine Al-Hammoury on the 2016 financial outlook.
The show opens its doors on Friday 27 November from 2pm to 8pm, open to the public and free of charge. It is expected to receive more than 1,500 visitors from 60 nationalities.