MUSCAT, 28 February 2012 – The 3rd Investor conference organised by BankMuscat concluded at the Bank's headquarters with positive sentiments on the Gulf capital markets in general and the Omani market in particular. The 2-day conference organised by the Brokerage division of the Bank with country specific focus on Oman, Saudi Arabia and Qatar was attended by prominent foreign, regional and local institutional investors focused on secondary equity market.
Abdullah Al Hinai, DGM - Investment Banking, said: “BankMuscat is proud to host this conference for the third year in running. Against the uncertainties prevailing in the global capital markets, the conference succeeded in conveying a positive message about the fundamental strengths of the markets in Oman and other GCC countries. The conference showcased a variety of Omani, Saudi and Qatari companies and in the coming years, it will be expanded to represent other GCC markets. The conference helped in building a strong rapport between participating companies and investors."
Mr. Shahram Hashemi, Investment Manager with Oman Brunei Investment Company-, said: “I would like to congratulate BankMuscat for this conference which was very well organised. The one-to-one format was ideal as we could pose focused questions. This has been very useful and a rare chance to meet with the top management teams of participating companies and gain insightful feedback on their operations."
Dr. Abdul Aziz Al-Dakheel from Saudi Arabia said: “The conference was a great opportunity to meet with key people responsible for investment in the region. We could present ourselves to serious investors who look at the fundamentals of companies from a long-term perspective. I have achieved the objective of presenting our company to those who see real value in us."
Al-Dakheel added: “Better understanding by investors help in achieving the objective of shareholders and stakeholders. International investors are beginning to pay more attention to the region and the conference helped in stoking interest in the GCC markets."