MUSCAT, 07 December 2014 – Bank Muscat, the flagship financial services provider in the Sultanate, hosted a series of forums with renowned economist and investment expert Dr. Marc Faber, who shared his insights on the state of world economy and financial markets.
The event organised by the bank's Treasury & Capital Markets division was attended by high profile dignitaries from the government and top corporate clients. A select group of young Omanis attended a session on 'Path to Profit' addressed by Dr. Faber at the bank's head office. Dr Faber also addressed a customer meet on the theme 'The unstable state of the world in late 2014'.
AbdulRazak Ali Issa, Chief Executive, said: “The initiative to host Dr Faber on his first visit to the Sultanate comes as part of efforts by the bank aimed at equipping our valuable customers as well as young Omani youth with the necessary insights to keep abreast with the latest trends in world economy and financial markets. We are gratified to facilitate this opportunity to listen and interact with one of the influential thinkers of our time. The topic is of utmost interest to all of us."
Dr. Faber studied Economics at the University of Zurich and, at the age of 24, obtained a PhD in Economics. Dr Faber publishes a widely read monthly investment newsletter 'THE GLOOM BOOM & DOOM' report which highlights unusual investment opportunities, and is the author of several books, including 'TOMORROW'S GOLD – Asia's Age of Discovery' which was first published in 2002 and highlights future investment opportunities around the world. 'TOMORROW'S GOLD' was for several weeks on Amazon's best seller list and has been translated into Japanese, Korean, Thai and German. A regular speaker at various investment seminars, Dr Faber is well known for his contrarian investment approach. He is also associated with a variety of funds.