Entrepreneurship in the Kingdom of Saudi Arabia

Home » Awareness » Middle East SME Forum 2011

Middle East SME Forum 2011

Middle East SME Forum 2011 - DBFC73_516x190_webheader

Starting up a business, go overseas for a good living, new opportunities for the locals and much more, the Middle East in particular the GCC states is the ideal location for one’s future and growth. A tax free zone the Middle East is the destination of choice if one would want to start up a business. Statisticians say that nearly 70% of a country’s economy grooms due to the SME sector. In the Middle East the opportunity is vast and governments have setup dedicated SME development centers that promotes entrepreneurship and provide technical and fiscal support. Even today if you drive from Dubai to Abu Dhabi on the very famous Sheikh Zayed Road you will witness advertisement billboards of banks promoting SME financial products and services instead of the typical consumer credit card.

With government backed funding and support towards the promotion of entrepreneurship / SMEs, there are still certain challenges and opportunities for each entity related to SMEs. Each government looks into the promotion of SME support to the local population whereas the expatriate population across many GCC states have played a significant role in the grooming of the region’s economy.

Fleming Gulf presents the inaugural Middle East SME Forum 2011 that will host entrepreneurs, commercial banks, government support institutions, private equity firms and management consultants together to highlight the awareness and significance of entrepreneurship towards boosting economic growth in the region.

Key speakers:

  • H.E. Mohammed Omar Abdullah, Undersecretary, Department of Economic Development
  • H.E. Dr. Ahmed Al Mutawa, CEO, Khalifa Fund for Enterprise Development
  • Mr. Haitham AlRefaie, Head of Business Banking Group, National Bank of Abu Dhabi
  • Mr. Howard Gaunt, Executive Vice President & Head of Business Banking Group, Abu Dhabi Commercial Bank
  • Mr. Colin Fraser, Executive Vice President & Head of Wholesale Banking Group, Abu Dhabi Commercial Bank
  • Mr. Nilanjan Ray, Senior Vice President & Head of SME Banking, Abu Dhabi Commercial Bank
  • Dr. Adeeb Alafifi, Director of Foreign Trade and Export, Department of Economic Development
  • Mr. Farhad Irani, Head of Retail Banking, Mashreq
  • Mr. Hameed Noor Mohamed, Head of SME, Mashreq
  • Mr. Abdullah Al Jufaili, General Manager, SHARAKAH/Fund for Development of Youth Projects SAOC
  • H.E. Eng. Yarub Qudah, CEO, JEDCO – Jordan Enterprise Development Corporation,Jordan
  • Dr. Linda Low, Undersecretary’s Office, Abu Dhabi Department of Economic Development, UAE
  • Dr. Manoj Nakra, Executive Director, Mohammed Bin Rashid Establishment for SME Development, UAE
  • Mohammed A. Hammoudah, Director: SME Loan Guarantee Program, Saudi Industrial Development Fund, Saudi Arabia
  • Farouk Soussa, Chief Economist – Middle East, Citibank NA, UAE
  • Osama AbdulAziz Al-Zamil, General Manager, Zamil Group, Saudi Arabia
  • Faisal Al-Kadi, Group Vice President and General Manager, Al-Kadi Commerce and Industry, Saudi Arabia
  • Ashish Panjabi, Chief Operating Officer | President – Entrepreneurs Organization: UAE Chapter, Jacky’s Group of Companies, UAE
  • Ashraf Shokry, Chief Operating Officer, Ajman Bank, UAE
  • Mufaddal Idris Khumri, Head – Islamic Banking, RAKBANK, UAE
  • Mian Muhammad Nazir, Senior Vice President and Head of Legal, Dar Al Sharia, UAE
  • Dr. AbdelGadir Warsama Ghalib, Senior Legal Advisor | Professor of Law: American University – Bahrain Bank of Bahrain and Kuwait, Bahrain

Advisory Panel:

  • Ahsan Ali, Khalifa, Director Credit Department, Khalifa Fund to Support and Develop Small and Medium Enterprises, UAE
  • Haitham AlRefaie, Head of Business Banking Group, National Bank of Abu Dhabi, UAE
  • Dr. Nabil Shalaby, Manager – SME Development Center, Asharqia Chamber, Saudi Arabia
  • Faisal Al-Kadi, Group Vice President and General Manager, Al-Kadi Commerce and Industry, Saudi Arabia
  • Satish Kumaraswamy, Group Head – Business Banking, Al Khaliji Commercial Bank QSC
  • Mayank Upadhyaya, Vice President and Acting Head of Small Business Banking,Mashreq PSC

Key topics:

  • Understand how the SME Ecosystem works in the Middle East
  • Explore the challenges and opportunities towards start up business
  • Witness government initiatives towards boosting entrepreneurship in the region
  • Update yourself with the legislation towards SMEs in a development and financing level
  • Learn how banks can act as a business partner rather than a finance provider
  • Nurturing with best practices and successful stories in the region’s SME sector

Who should attend:

Business Enterprises: Small and Medium Business Owners, Entrepreneurs, Family Business Owner, Managing Director, Chairman, Founder, General Managers and Financial Controllers.
Banks and Financial Institutions: Head of SME Banking, Head of Business Banking, Head of Corporate Banking, Head of Retail Banking, Relationship Managers, Business Development Managers, Private Equity Experts and Venture Capitalists.
Government and Others: Government Support Institutions, Banking Regulators, Management Consultants, SME Development Centers, Chamber of Commerce and Ministry of Economic Development.


Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: