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'Middle East Project Finance 2007' - Doha

Doha will host 'Middle East Project Finance 2007' on February 26 and 27 at the Ritz-Carlton. The conference is being organised by the Middle East Economic Digest (Meed) with support from the Qatar Financial Centre (QFC). Qatar National Bank is the platinum sponsor of the event.

Out of the $130 billion to $ 135 billion proposed to be invested in Qatar over the next few years, around 50 per cent will come through project finance. In 2005, latest figures for which are available, Qatar was the second-biggest project finance market in the world, after China.

'This is the 11th annual event and is being held in Qatar for the third time. There will be 60 speakers and 250 delegates,' said Meed editorial director and conference chairman Edmund O'Sullivan.

Minister of Finance and acting Minister of Economy and Commerce H E Yousuf Hussain Kamal will be the opening keynote speaker. Another keynote speaker will be Lloyd's of London chairman Lord Levene of Portsoken.

'Qatar is on the financial map and the whole world is looking at Doha. Something huge is happening in world finance due to the surpluses in the region. This is an interesting place to work as far as project finance goes,' added O'Sullivan.

The sectors covered in the conference will include oil and gas, petrochemicals, marine shipping, telecommunications, power and water, real estate and tourism.-(Trade Arabia News Service)

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