Most Anticipated Banking Innovation Event in Dubai is Finally Here

Organisers of the Middle East Banking Innovation Summit expect more than 300 banking and finance professionals to attend this year’s event, making it the biggest banking innovation and technology event ever to be held in Dubai. Taking place on 1-2 October at the Jumeirah Emirates Towers in Dubai, the summit will attract VP’s, CEO’s, CIO’s, and senior experts from over 100 Middle Eastern banks, as well as exhibitors from some of the world’s largest banking technology companies.

The conference will bring together leaders in the banking and finance sector to discuss strategies and best practices in a drive to grow Islamic banks in the international market through leveraging innovation. Big names such as Sheikh Dr Hussein Hamed Hassan, Chairman Shariah Board of the Dar Al Sharia, Dubai Islamic Bank and Ashraf Shoukry, CIO of Ajman Bank, are amongst the powerful line-up of speakers who will be educating on the importance of innovation in the banking industry and what they anticipate the future will look like for money and the Middle Eastern finance sector. Being one of the world’s fastest growing markets, banks in the region are looking to take advantage of cutting-edge technology and solutions to support the financial growth.

The Middle East Banking Innovation Summit will consist of more than 20 sessions over two days, with presentations and panel discussions being included as part of the unique format. Along with the networking opportunities vital to the success of the event, the delegates will also be involved in the idea sharing at the ‘Roundtable’ sessions being held on Day 2. As part of summit’s aim to drive innovation, roundtable groups will be formed to discuss key industry challenges and find strategic solutions. The distinct combination of senior experts, banking and finance professionals and thought-leaders provides a platform for the sharing of experiences and projections necessary in growing the Middle Eastern banking sector.

Banks are now moving their focus to the customer, with experience and engagement being vital in providing the convenient and rapid service that is now demanded. Software giant and Platinum Sponsor SAP will be one of the technology vendors showcasing their products and services at the ‘Innovation Lounge’ to promote the customer centricity and innovative culture which is now desired by financial institutions to be competitive both regionally and globally. Mobile technology, social media applications and ‘The Cloud’ are advances which work to improve banking services for customers, whilst cutting the costs to banks. Talks on developing strategies to support the new technology and operationalizing data quality will accompany the display of cutting-edge solutions.

Amongst discussion on the opportunities and value created through adopting new technology will be a focus on the challenges and risks associated with implementing these radical tools. Alexander Zarovsky, Head of Business Development at Infowatch, believes that the idea sharing at the summit will be influential in encouraging innovation within the banks and financial institutions of the Middle East. “We look forward to leading the discussion on managing IT-related risks in banks and to assist them in implementing effective data loss prevention and protection suites, monitoring customer experiences on social media in banking and creating custom-tailored solutions in the region”. Zarovsky will be one of the speakers in the impressive selection of industry experts giving presentations.

Expotrade are the organiser of this year’s conference, in strategic partnership with Dubai Internet City and Dubai Outsource Zone. A global conference and event organiser, Expotrade has delivered some of the largest, most successful B2B industry conferences and events in the construction banking and finance, healthcare, IT and energy sectors.

For more information on the summit, please visit http://www.bankinnovation-me.com.

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Middle East Smart Lighting & Energy Summit Abu Dhabi Attracts Major Industry Players

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In an effort to drive the evolution of energy-efficient lighting in the Middle East key decision-makers and industry world leaders and will convene at the Middle East Smart Lighting & Energy Summit on 5-6 November 2012. Over 200 delegates have already confirmed their attendance at the conference which is being held at the Rocco Forte Hotel, Abu Dhabi, UAE to discuss the prospects in smart lighting as a way of making the Middle East more energy-efficient and sustainable.

With the Middle East experiencing record population growth and urban development, governments and municipalities are quickly becoming aware of the significant benefits of intelligent lighting. Inefficient lighting is responsible for 19 per cent of total electrical consumption and 6 per cent of greenhouse gas emissions worldwide. Governments are now looking to make a shift to compact fluorescent lamps (CFL’s) in the drive to save money in energy and operational costs, slash carbon dioxide emissions, and significantly reduce maintenance requirements.

The summit will provide an important platform for senior representatives, government officials, municipalities, architects, engineers and energy providers to explore challenges and opportunities in smart lighting and discover the products available on the market. Samsung, the events Diamond Sponsor, will be one of the notable companies showcasing their latest technology in an exhibition of the most innovative lighting solutions focused on reducing energy consumption and carbon emissions. The most up-to-date information on case studies, solutions and companies driving this fast growing market will be important in giving direction to the intelligent lighting initiatives desired for the Middle Eastern region.

To this point several barriers have restricted the penetration of energy efficient lighting technologies in the market. A study by the United Nations Environment Programme/Global Environment Facility en.lighten initiative reported that some of the obstacles holding the Middle East back from implementing smart lighting strategies have been the lack of awareness about the financial savings, low public incentives and low quality CFL’s on the market. The perceived risk on health and the environment caused by the mercury content of the CFL’s have also caused concern. The November 2011 study titled ‘Regional Report on Efficient Lighting in the Middle East and North Africa’ concluded that energy efficient lighting is an economical and commercially viable alternative and that governments and municipalities will be influential in promoting the necessary changes.

Delegates to the 2012 Middle East Smart Lighting & Energy Summit will see presentations from high calibre industry professionals who will delve into the subjects of standards and regulations, road and transport lighting, lighting systems and sources, smart control of light emitting diodes (LED’s) and intelligent lighting. Cutting edge technology will also be a highlight of the event with Philips, OWLS AG, Flashnet and Cooper Lighting showcasing their latest solutions. Other sponsors of the summit include Maximus, Infineon, Ligman, Musco Lighting, ABB, Brandenburg, Breyer, FTC, Betalux, Sumitomo Corporation and SELC.

Expotrade are the organiser of this year’s conference under the patronage of Municipality of Abu Dhabi City. A global conference and event organiser Expotrade has delivered some of the largest, most successful B2B industry conferences and events

For more information on the Middle East Smart Lighting & Energy Summit, visit http://www.lightingsummit.com or contact Expotrade on +9714-4542135.

Delegates to Seek Leveraging Opportunities at Northern Territory Major Projects Conference

The opportunity to capitalise on proposed infrastructure plans has encouraged over 400 delegates to confirm their attendance at the 3rd Annual Northern Territory Major Projects Conference being held at the Darwin Convention Centre on 30-31 October 2012. This event is the largest in the state’s infrastructure industry, bringing the private and public sector together to discuss the planning and delivery of critical development in resources and mining, housing, health, education, land, justice, tourism, water and transport sectors.

Attendees are eager to learn of openings in the resource sector from ventures such as the Wonarah Rock Phosphate project and the new export facility in the Gulf of Carpentaria for stockpiling bulk commodity. Inpex’s offshore LNG project, Ichthys, was opened in March this year and is the second-largest single resources investment in Australia’s history. The cattle industry is also getting a boost with the Livingstone Valley meat processing facility which is among the projects expected to provide significant social and economic benefits to the Territory. Other topics at the conference, which is being supported by Platinum Sponsor DB Schenker, include the Darwin Prison, the marine supply base and tourism-related investment opportunities.

As a major gas hub the boom in the Northern Territory is showing little sign of slowing, making planned construction projects an attractive leveraging opportunity for businesses. Since 2001, infrastructure spending has risen 252 per cent and has injected a massive $10 billion into the economy. According to the Territory Economic Review released last month, private investment in the Territory increased by nearly 30 per cent in the March 2012 quarter, driven by interest in the major mining projects planned for the region.

Trade with Asia is of growing importance to Australia, accounting to almost 50 per cent of Australia’s merchandise shipments. Darwin’s proximity to Asia positions it perfectly to take advantage of these powerhouse economies. The fully integrated rail and road transport network with the East Arm Port and Darwin Business Park are all advanced initiatives showing private and public sector commitment to the region’s emerging status as a world leader in mineral exploration and extraction. To aid the further growth of the resources industry innovative strategic planning and continued infrastructure investment will be vital.

The Major Projects Conference is being supported by the Northern Territory government which plans to add $1.3 billion over the next 5 years to accompany investments made from the private sector. The expanding on land and offshore exploration activity has driven an influx of newcomers to the Northern Territory and the demand for skilled labourer is on the rise. To support this growth the Department of Construction and Infrastructure is planning new suburbs, road upgrades, and new buildings including hospitals, schools and recreation facilities as well as strategic land developments, all of which are vital in assisting the success of the resource industry.

The event’s notable line-up of speakers include expert geologist Ian Scrimgeour, Terry O’Connor, CEO of the Darwin Port Corporation and John Devereaux of the Power & Water Corporation, who will be revealing the strategic plans, funding requirements and detailing the major projects proposed for the region. Major events sponsors AECOM, QA Software, ProjectLink, Blackwoods, Leighton, MSS, Sitzler, Aconex, ILX Group and KPMG will be among the businesses keen to network with participants.

Expotrade, the organisers of the Northern Territory Major Projects Conference 2012 are expecting this year’s event to be the largest yet. Expotrade is a global conference and event organiser with its head office based in Melbourne, Australia who has delivered some of the largest, most successful B2B industry conferences and events.

For more information visit http://www.ntconference.com

Banking Experts to Attend Innovation Summit in Dubai to Discover the Future of Banking Technology

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Cutting-edge technology will be the focus of the Middle East Banking Innovation Summit on 1-2 October 2012, where over 200 banking and finance professionals will convene in Dubai in an effort to transform the future of banking in the Middle East. With massive regional growth forecast, the event, being held at the Jumeirah Emirates Towers in Dubai, will see strategies shared and new technology showcased to strengthen Islamic banking in the global market.

CEO’s, CIO’s, VP’s and senior experts from over 100 banks have already confirmed their attendance at the conference which is shaping up to be one the year’s most influential industry events. Sheikh Dr Hussein Hamed Hassan, Chairman Shariah Board of the Dar Al Sharia and Islamic Bank, will be a key speaker on banking innovation and software giant SAP is the event’s Platinum Sponsor. Delegates will get an invaluable insight into customer centric banking technology from the impressive line-up of speakers, including Ashraf Shoukry of the Ajman Bank, Hafid Oubrik of the Arab Monetary Fund and Srood Sherif, CIO of the National Bank of Abu Dhabi.

Mobile technology, social networking and cloud computing are now being incorporated into banking products to provide customers with a more convenient service, while actively reducing the cost to banks. Computer-savvy customers are now expecting immediate responses to their requests, although only 17 per cent of Middle Eastern banks currently have tablet services and 25 per cent have mobile apps compared to over 60 per cent of banks in Asia, according to research by Celent.

Those attending the Summit, organised in strategic partnership with Dubai Internet City and Dubai Outsource Zone, will discover the next frontier in smart banking at the ‘Innovation Lounge’, where leading solution providers including Intertech, IBM and Capgemini will be showcasing the most advanced banking technology on the market. Mohammad Ismail from digital security heavyweight Gemalto says that they are one of the event sponsors who will provide banks with the opportunity to offer their customers cutting-edge technology. “We have new and exciting card designs, next generation dual interface contactless cards and mobile payments. In addition we will exhibit out different services such as payment and public transport passes”.

Over the next 2-3 years the MENA Islamic banking industry is expected to at least double in size to US$990bn, making it one of the world’s fastest growing markets. The UAE in particular, which has the highest degree of intermediation in terms of assets, deposits and loans among the Gulf Cooperation Council, has assets registering a compound annual growth rate of as much as 8 per cent from 2011-2014. According to RNCOS the conservative investment strategies practiced by the regions banks have seen the industry unaffected by the global recession, but the Middle East now looks to become a bigger player in the market for regional and international customers through technology and innovation. The aim of the Middle East Banking Innovation Summit 2012 is to address new opportunities and instil an innovative culture throughout the Middle Eastern banking industry to promote new strategies.

Middle Eastern banks want solutions to boost innovation and support financial growth in order to create a competitive edge on an international scale. Regulatory frameworks and internal policies will need to be put in place which consider international banking law and cross-border Islamic finance activities. Creating synergy between IT and operations to ensure sustainability will be a key driver in the future success of the financial services sector. Delegates and officials at the Summit will be looking to define these strategies and learn valuable lessons from some of the most experienced leaders in Islamic banking, and network with event sponsors including Trend Micro, InfoWatch, VoiceTrust and Aimia. Other participants include Misys, Datacard Group, Vision Solutions and Double-Take, SAB, Soft Flow, Gemalto, Ramco, BankersLab, Infotech Systems, IYCON, ACT, Ceitcon, KeyBS, Key Information Technology, OLYMPIC Banking System, Virtech, Granteq, ePillars & Talisma.

For more information, visit http://www.bankinnovation-me.com