Lebanon

Miqati Opens the Arab Banking Federation Conference in Beirut on Thursday

Miqati Opens the Arab Banking Federation Conference in Beirut on Thursday

The caretaker Prime Minister Najib Miqati, alongside the acting Governor of the Central Bank of Lebanon, Wassim Mansouri, will inaugurate the conference titled "Arab Economic Security Amid Geopolitical Changes" at 9:30 AM on Thursday, at the Venice Hotel in Beirut. The conference, organized by the Arab Banking Federation in collaboration with the International Union of Arab Bankers, will last for two days and is expected to be attended by 400 Lebanese and Arab figures including financiers, bankers, and investors.

In addition to Miqati and Mansouri, speakers at the opening session will include: the President of the Arab Banking Federation from Egypt, Mohamed El-Etreby; the President of the International Union of Arab Bankers, Joseph Torbey; the Chairman of the Investment Committee for Mobilizing Financial Resources for the Arab Banking Federation from Kuwait, Sheikh Mohammed Jarrah Al-Sabah; and the Chairman of the Lebanese Economic Bodies, Mohammad Chuqair.

Also speaking will be the Secretary-General of the Arab Banking Federation, Wissam Fattouh, who highlighted the significance of this event at this timely juncture, noting the extensive participation of leaders from the banking sector and business figures in the Arab world as Lebanon faces substantial challenges that require intensive Arab support and cooperation. He aims to provide Arab investors with a unique platform to explore promising investment opportunities in Lebanon and to closely understand the potential of these investments that may contribute to economic development and stability, particularly in productive sectors.

The conference will include five working sessions on:

1. Economic Security: The impact of geopolitical changes and disturbances in our Arab region on economic sectors and banking finance.

2. Economic Reforms: The structural requirements in the face of instability.

3. Cybersecurity and its effect on Arab economies.

4. The current banking and monetary reality in Lebanon.

5. The economic situation in Lebanon after more than four years of crisis.

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