The conference was part of GBSA
's ongoing efforts to promote and enhance the local debt capital markets in the Gulf region through awareness initiatives, advocacy and promotion of best practices.
On this occasion, Rani Selwanes, Managing Director and Head of Investment Banking at NBK Capital, said, "We are very proud of our partnership with GBSA
and of our sponsorship for this year's conference.
The day-long conference, which was held at the Grand Millennium Hotel Muscat, was organised by the Gulf Bond and Sukuk Association (GBSA
) with the support of Maisarah the Islamic banking window of Bank Dhofar.
's summit, held in Dubai on Monday was attended by more than 200 executives from leading companies, international and regional investors, market participants and government officials as well as senior representatives of the capital market regulators of Kuwait, Oman, Saudi Arabia and the United Arab Emirates.
The Gulf Bond and Sukuk Association (GBSA
) is the regional trade association representing the Arabian Gulf bond and sukuk market.
I try to have a meal or coffee each day with a member to share market insights and make sure that GBSA
is helping their business.
Speaking on his outlook for the year in terms of size of capital raised and number of issues, the GBSA
chief hoped, this year would be better than last year, or at least maintain the previous numbers.
Presenting on behalf of GBSA
's Islamic Finance Practice Group were Debashis Dey, Head of Middle East Capital Markets at Clifford Chance, and Hani Ibrahim, Head of Debt Capital Markets at Shari'ah-compliant investment banking firm QInvest.
"The employees I've dealt with are very satisfied, especially if they've had to use those supplemental benefits," says John Gaglione of GBSA
Insurance in Aurora, Ill.
Islamic commercial banks accounted for 74 per cent of the assets, investment banks 10 per cent, Sukuk issues also 10 per cent, funds five per cent and Takaful one per cent.<p>In January 2009, along came the GBSA
(Gulf Bond and Sukuk Association) which describes itself as the regional trade association representing the Arabian Gulf bond and Sukuk market.
Under the GE Branded Services Agreement (GBSA
), GE will provide technical support as Air India offers maintenance, repair and overhaul (MRO) services.