A message from the Chief Executive Officer
Welcome to the Arab Bankers’ Association!
We are an association of bankers and finance professionals who work in Arab financial markets. Most of our members, both corporate and individual, are based in the U.K. but a significant proportion are based outside. Nearly all of us have spent much of our professional lives living and working in the Arab world.
Our aims are simple: to foster improved relations, information sharing and understanding between the private and public sectors in the Arab world and the U.K. We achieve this through our programme of evening seminars and social events, through tailored events for individual members and their clients, and through personal interaction and introductions that are based on decades of business experience.
You will find more information about our work on the various pages of this website. For example, elsewhere on this page you can download a copy of our Annual Magazine; on the “Events” page you can download presentations given at recent evening seminars; and soon we will be adding a new page to our website -- “Arab Banking News” – where you will see a brief round-up of recent events that are relevant to our membership.
The “Join” page also contains a full list of member benefits.
This is an exciting time for Arab banks and their subsidiaries and affiliates in London. Gulf banks are looking to expand their international operations, banks in Egypt and other north African countries are finding their footing after the uncertainties of the Arab Spring, and debt issuance across the region is increasing.
London hosts the largest and most important banking community in Europe, so its not surprising that it is in London that many of the innovative new financial structures that are shaping Arab finance are designed and sold.
The ABA has been serving and promoting Arab banking in London for more than 30 years and we are as enthusiastic and committed to our mission today as we were on the day we were founded. If you are a member, I look forward to working alongside you in the months ahead. If you are not a member, I hope you will consider joining us.
George E. Kanaan Chief Executive Officer
News After three years of stability at $100/B, oil prices have plunged in recent weeks, to fall below $60/B at the end of the year. The Arab Bankers Association spoke to oil industry expert Walid Khadduri about the reasons behind the fall in oil prices, the role of OPEC in the international oil market, and the long-term impact on prices of Shale petroleum. Dr. Walid Khadduri was the Editor-in-Chief of Middle East Economic Survey (MEES) and currently writes for several Arab and international publications, including Al-Hayat. He is the recipient of several awards including the first OPEC Aw...
Tue December 16 2014
Tue December 16 2014
ABA Celebrates Christmas in Style
Events , ABA Events More than 80 ABA members and friends entered into the festive spirit at the Association's Christmas Party on 16 December. The event was held in rooms at the Arab British Chamber of Commerce Building in Mayfair. Guests were entertained by musicians playing a variety of Christmas music and jazz variations. The ABA is grateful to National Bank of Egypt for its sponsorship of the Party and to a variety of local traders and friends who provided gifts for the raffle. The Christmas Party is the last of the ABA's three social events for 2014. Earlier this year we held an Iftar, and la...
Tue December 2 2014
Tue December 2 2014
Understanding New Regulations on Conduct and Financial Crime
Events , ABA Events The ABA's last evening seminar of 2014 focussed on financial conduct and the raft of new regulations governing how banks should behave and how they should ensure that they are not being used for criminal purposes. The seminar was led by Julia Hoggart, who heads the supervison of investment banks at the Financial Conduct Authority (FCA) and Colin Darby, a senior manager at KPMG who specialises in financial crime and anti-money laundering requirements. The seminar was introduced and moderated by Simon Hills, Executive Director of the British Banking Association. Julia Hoggart was keen to e...
Wed February 25 2015
Thu February 26 2015
Daily Telegraph Middle East Congress
Events , Partner Events The Telegraph Group, which publishes the Daily Telegraph and Sunday Telegraph, will hold its inaugural Middle East Congress in London on 25-26 February 2015. The first day of the Congress will focus on investment opportunities and the political landscape, while the second will focus on energy and infrastructure and redevelopment. Confirmed speakers include senior figures from the U.K. government and government ministers and business leaders from several Middle Eastern countries. A preliminary agenda is attached below. Congress highlights will include: Examining the role...