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Bafakih and Nassief Law Firm confirms participation at the SME Economic Forum 2011

(Dammam, February 20th, 2011) – Bafakih & Nassief Law Firm has officially confirmed its participation in the SME Economic Forum 2011. The summit is endorsed by His Royal Highness Prince Mohamed Bin Fahad Al Saud – Governor of Eastern Province, supported by Saudi Arabian General Investment Authority (SAGIA) and organised by naseba and the Asharqia Chamber. The forum takes place on March 29th – 30th 2011 at the Asharqia Chamber’s headquarters in Dammam.

Bafakih & Nassief Law Firm has confirmed its participation as a “Workshop Sponsor” at the summit and will host two workshops. The firm will highlight the important role legal consultation plays for SMEs and will provide insights on how to implement it in the Saudi market. In relation to the growing stage of certain SMEs in Saudi Arabia, Dr. Wael Bafakih, Co-Founder and CEO of Bafakih & Nassief, said “KSA is one of the largest economies in the region, and involves a huge amount of investment opportunities in various sectors. We took into consideration the increasing economical growth of SMEs within the Kingdom, and the important role they are playing in contributing to the county’s GDP; therefore, we designed a special service program that suits with the financial abilities of SMEs”.
To promote SMEs and entrepreneurs in the Kingdom of Saudi Arabia, the forum will gather top Saudi Arabian SMEs, key government officials and leading entrepreneurs from across the Kingdom. Participants at the forum will be provided the opportunity to network with larger international corporations to explore business opportunities and learn expansion strategies within Saudi Arabia and beyond.

Commenting on the extended support to the forum, Fabien Faure, Vice President of naseba commented, “The forum is receiving excellent response from various sectors, including: finance, IT, legal, HR and infrastructure. Corporations coming from those sectors are willing to extend their support to help move the SME sector to a different level in Saudi Arabia”.

– Ends – 

The event website is www.saudismeforum.com

registrations and sponsorships are open for the summit

Contact: Mohamed Al Moussa, Marketing Manager, Email: mohamedm@naseba.com  Tel: + 971 4 367 13 76

About Bafakih & Nassief
Founded in 1997 by Wael F. Bafakih and Abdullah M. Nassief, in Jeddah, Saudi Arabia.  The founders envisioned the creation of a legal team with profound expertise in Saudi Arabian law and a combination of technical skills in key practice areas and industries which would enable it to serve its local and international client-base.

Today, Bafakih & Nassief is a fully operational law firm with high-level international and regional experience consisting of a core team of 12 attorneys, paralegals and support staff.  Bafakih & Nassief has a strong network of government and private business relationships and works in cooperation with several law firms outside of Saudi Arabia including other Gulf countries, the United States and Europe.

Bafakih & Nassief achievements:
Fast growth company in the year (2010)
One of the biggest law firm companies in Saudi Arabia
Certified law firm in accordance with doing business report (2010/2011). By the World bank & (IFC)
One of the top 500 law firms around the world in accordance with Lawyer magazine

For more information on Bafakih & Nassief, please visit www.bnfirm.com

About naseba
naseba produces, promotes and hosts business summits, professional training courses and business exhibitions targeting executive level attendees across multiple vertical industries. Each event is focused on re-education, networking and creating a ‘deal-flow’ platform for all participating organisations. Whether the ‘deal’ is raising capital, vendor sales contracts or sourcing a strategic partner, naseba provides clients with an unprecedented, high-ROI environment for conducting business. An in-house team of experts conduct extensive research in conjunction with recognised thought leaders to ensure that all events are relevant, timely and at the forefront of market and industry trends.naseba works in partnership with leading media, industry and local authorities such as International Data Corporation (IDC), International Business Consultancy Group (IBCG), Saudi Trading and Resources Co. Ltd. (STAR Group Holdings), ICLIF Leadership & Governance Centre, CNBC Arabia, Zawya, Council of Saudi Chambers, Principality of Monaco, Singapore Tourism Board, Abu Dhabi Health Authority, Egyptian Ministry of Civil Aviation, Ministry of Economy – UAE, Ministry of Environment and Water – UAE, Qatar Civil Aviation Authority, the Government of Dubai and many others.

Since its inception in France in 2002, naseba has organised over 400 events and played host to 58,000 executive delegates globally. Operating from four strategically located offices, naseba has on-the-ground presence in Bangalore, Cairo, Dubai, Kuala Lumpur, Monaco, Riyadh and Singapore.

At naseba, we make it happen.

For more information on naseba, please visit www.naseba.com.© Press Release 2011

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