Despite the Eurozone developments and slow down, the Middle East’s economy is showing promising signs of growth. The 6th Annual Strategies Forum Middle East hosted over 100 CFOs and financial experts from top corporations in the MENA region to examine the current climate, at the Atlantis Hotel in Dubai.
The challenges in the Eurozone and the American slowdown have served to provide caution to the MENA market. Whilst many CFOs and financial leaders are now carefully monitoring these markets, a select few see the current challenges as opportunities – noting the need to implement new regulations, control and liquidity management will only serve to place their organization’s financial future in a stronger position in 2013.
With this in mind, the 6th Annual CFO Strategies Forum Middle East kicked-off with a lively discussion on the impact and pressure the Eurozone crisis is having on growing companies and the larger corporations of MENA.
Nick van der Walt, Global Director of Corporate Relations at Hult International Business School and summit chairperson for the two-day forum, led a panel discussion on ‘Unleashing Boardroom Synergies’ featuring Werner Matthias Flaig, Group CFO, Easa Saleh Al Gurg Group; Georges Schorderet, COO, Almarai; and Danny Leinders, Senior Client Partner, Korn/Ferry International.
Professor van der Walt also moderated the forum’s awards ceremony. Nick is pictured with Yuvarj Narayan, CFO, DP World.