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Dubai to host IBA annual conference in 2011

08/12/2009

Dubai, December 2009.

The International Bar Association has announced it has selected the UAE Dubai to host the 2011 Annual Conference, the first time this event has been held in the Middle East.

The IBA, established in 1947, has a membership of over 30,000 individual lawyers and more than 195 bar associations and law societies around the world. The organisation has considerable expertise in providing assistance to the global legal community, influencing the development of international law reform and shaping the future of the legal profession throughout the world.

Over 4000 of the worlds leading lawyers, banking professionals and legal experts will gather on the 13th of January 2011 to discuss diverse issues such as: antitrust and anti-corruption, banking and business crime, construction and corporate governance, globalisation, insolvencey and IP, mergers & acquisitions, oil and gas, securities, sport and tax. Banking, Islamic Finance and capital markets are also likely to be popular subjects including Islamic banking techniques and their conformity with the Sharia Laws, Islamic financing techniques underpinning Sukuk structures.

Bode Wilfred, Head of Corporate Finance and Banking at Galadari & Associates commented that “international interest in Islamic Banking continues to grow. The current Sukuk issuance is growing at an unprecedented rate with recent Sukuk issues being oversubscribed in some cases by 150% which illustrates the potential of this instrument”.

Ziad Galadari, Chairman of Galadari & Associates said “We are delighted that the IBA have chosen to host their annual conference in Dubai in 2011 as it reflects the confidence the global community still has in the region. 2009 saw the worlds media and economies closely and critically watching our region and we have found that it has fallen to the local and indigenous firms to provide guidance, realistic advice and reassurance that the sustainable future of the region will be protected not only by a solid financial system but by an equally robust legal framework”.

For further information about Galadari & Associates please contact Rosanna Tolhurst at Rosanna@galadarilaw.com