Middle East Supplement October 2010
The ACT Middle East has been a resounding success since its inception in October 2008. Over 1,300 finance and treasury professionals have joined the network, which develops and shares treasury expertise across the Middle East.
The great potential for financial management in the region is amply demonstrated in our profile of Mubadala’s Fatema Al Sayegh, who achieved CertITM, which combines essential technical and practical skills for international finance professionals.
The winners of this year’s ACTME Treasury Deals of the Year Awards for bonds, loans and treasury teams reflect this development. All the deals nominated inevitably mirrored and absorbed the current business and economic environment in the GCC. Market timing certainly plays a part, but at a time of market volatility it is not the whole story: good treasury management is still key to whether a deal is successful or not.
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