News Congratulations to Ralph Al Raheb, one of our directors, on his wedding to Tatiana Garkava, on June 18th. In addition to being a board member of the ABA, Ralph is a Managing Director at Morgan Stanley in London and Head of Fixed Income for Middle East & North Africa. Tatiana is a legal advisor. The couple were married in Ironmonger's Hall, in the City of London.
A message from the Chief Executive Officer
Welcome to the Arab Bankers’ Association!
We are an association of bankers and finance professionals who work in Arab financial markets. Most of our members, both corporate and individual, are based in the U.K. but a significant proportion are based outside. Nearly all of us have spent much of our professional lives living and working in the Arab world.
Our aims are simple: to foster improved relations, information sharing and understanding between the private and public sectors in the Arab world and the U.K. We achieve this through our programme of evening seminars and social events, through tailored events for individual members and their clients, and through personal interaction and introductions that are based on decades of business experience.
You will find more information about our work on the various pages of this website. For example, elsewhere on this page you can download a copy of our Annual Magazine; on the “Events” page you can download presentations given at recent evening seminars; and soon we will be adding a new page to our website -- “Arab Banking News” – where you will see a brief round-up of recent events that are relevant to our membership.
The “Join” page also contains a full list of member benefits.
This is an exciting time for Arab banks and their subsidiaries and affiliates in London. Gulf banks are looking to expand their international operations, banks in Egypt and other north African countries are finding their footing after the uncertainties of the Arab Spring, and debt issuance across the region is increasing.
London hosts the largest and most important banking community in Europe, so its not surprising that it is in London that many of the innovative new financial structures that are shaping Arab finance are designed and sold.
The ABA has been serving and promoting Arab banking in London for more than 30 years and we are as enthusiastic and committed to our mission today as we were on the day we were founded. If you are a member, I look forward to working alongside you in the months ahead. If you are not a member, I hope you will consider joining us.
George E. Kanaan Chief Executive Officer
Wed July 13 2016
Wed July 13 2016
Seminar – Property in Turbulent Times Opportunities for London
Events , ABA Events Under the sponsorship of National Bank of Kuwait, Al Rayan Bank and Qatari Diar, we will be holding our annual real estate seminar on Wednesday 13 July. Speakers will include Liam Bailey, Head of Global Research at Knight Frank, who will speak on, "Where next for the prime London residential market?" James Roberts, Chief Economist at Knight Frank, who will speak on, "The outlook for property." Andrew Sneddon, Partner at Trowers and Hamlins, who will speak on, "UK property investment and the changing tax landscape." Michael Bowles, Senior Real Estate Advisor, National Bank of Kuwait, who...
Thu July 7 2016
Thu July 7 2016
Events , ABA Events We wil be holding our Eid Dinner on Thursday 7 July at Maroush Gardens. The dinner will begin at 7.30pm, for 8pm. The dinner is being sponsored by Bank ABC, QIB UK and National Bank of Kuwait. Tickets cost £75 for members of the Assocation and £100 for non members. It is possible to book full tables. For reservations please contact the Association's office on 020 7659 4889 and 020 7659 4892 or at email@example.com.
News A bomb exploded outside the headquarters of Blom Bank, in the Verdun district of Beirut, in the evening of Sunday 12 June. The timing of the attack and the placement of the bomb imply that the intention was to damage the building rather than to kill people, although two people were wounded. The Arab Bankers Association condemns this attack and sends its best wishes to the staff of Blom bank and their families at this difficult time. Blom issued a statement that expressed its relief that the bombing had not led to loss of life but only physical damage. It said that that no documents or pap...
Fri June 3 2016
Fri June 3 2016
Transparency of Wealth and Taxes: are your clients ready?
Events , ABA Events Our latest 'Corporate Members' lunch, held on 3 June, addressed new regulations and laws that affect the reporting of wealth and taxes. The lunch was sponsored by KPMG. Representatives from thirteen Corporate Members attended the lunch. The discussion was led by three senior executives from KPMG: Mike Walker: Partner, Private Client Advisory Derek Scott: Associate Partner, Head of Tax Investigations Mariam Moi: Senior Manager The KPMG experts pointed to the heightened rhetoric from the UK government on issues of tax evasion and the use of offshore companies as investment vehicles. They...