Economy, Business And Markets

TSE, IFB Chiefs to Address Int’l Exchange Forum

TSE, IFB Chiefs to Address Int’l Exchange ForumTSE, IFB Chiefs to Address Int’l Exchange Forum

Representatives of Tehran Stock Exchange and Iran Fara Bourse have been invited, along with chief executives of leading Middle East exchanges, to discuss foreign investment opportunities at the Mondo Visione Exchange Forum 2015 due to be held in London on November 12.

Herbie Skeete, managing director of Mondo Visione, says investment opportunity for global investors in the Middle East is growing as its capital markets start to open their doors to foreign investment, according to the forum’s website.

Skeete said the Middle East-focused panel reflects the growing interest in doing business in the area with some seeing capital markets through Turkey, Tehran and Iran as the next big opportunity for global investors.

“We’ve seen significant interest in the Middle East so it was fitting to focus on this region. We have four CEOs from these exchanges to discuss industry analysis on investment possibilities for investors, banking institutions, auditors and technology suppliers. The potential is there and spectacular returns are possible,” he said.

“With Saudi Arabia opening up its market to foreign investors and the UAE, Kuwait and Bahrain looking to better regulate and attract investment into their exchanges, Iranian capital markets could face tough competition to attract foreign investors when sanctions are lifted under the landmark nuclear deal agreed in July.”

“Opening up of Middle East Markets” panel participants include Hassan Qalibaf-Asl, chief executive officer of Tehran Stock Exchange; Gaurang Desai, chief executive officer of Dubai Gold & Commodities Exchange; Muammer Cakir, head of Borsa Istanbul Derivatives Market; and Amir Hamooni, chief executive officer of Iran Fara Bourse.

For the past nine years, Mondo Visione Exchange Forum has been bringing together senior executives of trading venues, their customers, suppliers and regulators to learn about and exchange views on current issues.

Participants value it as a venue where key topical matters can be addressed and for its unrivaled networking opportunities.