OAB attends IIF MENA Financial Summit

MUSCAT: Amin al Husseini, CEO of Oman Arab Bank, participated in a panel discussion on the ‘ New Challenges Facing GCC Banks: Views from the C-Suite’ at the IIF MENA 2017 Financial Summit held this week.

Organised by the Institute of International Finance (IIF) and held at the Ritz Carlton — Dubai International Financial Centre Hotel, the 2017 IIF MENA Financial Summit took place between February 13 and 14. This financial world event was attended by more than 250 financial leaders and policymakers from across the MENA Region, including global market participants.

The Summit featured expert panels and keynote speakers addressing topics of central importance to the financial industry, while discussing challenges and opportunities for this important and dynamic region of the world.

Amin al Husseini participated as a panellist in a session on the new challenges facing GCC banks, held on the first day of the summit. The session illustrated how financial institutions overcame the challenges faced in light of the sharp fall in oil prices, tightening liquidity and rising interest rate.

Commenting on his participation in the Summit, Amin al Husseini noted, “I am privileged and humbled to sit on a panel representing the Omani Banking Sector.

The IIF MENA Financial Summit provides a valuable opportunity for financial business leaders and experts from the MENA region to touch upon the various headwinds being faced by the Banking and Financial sector; facilitating the exchange of strategies and experience, together with possible solutions.