Summit Notebook
Exclusive outtakes from industry leaders
Audio – challenging times for Shuaa
Shuaa Capital Chief Executive Iyad Duwaji talks about targets for the year ahead. He told Reuters Milddle East Investment Summit that the UAE’s largest investment bank by market value might not reach its 20 percent return on equity target for 2006/07. Shuaa, which has been hit hard by a regional stock market crash, spent 13.47 million UAE dirhams ($3.7 million) to buy back 3 million of its shares at 4.49 dirhams each earlier in March.
Audio – Istithmar lays down line on fate of $4 bln deal
Dubai’s Istithmar will decide in the next month on whether to buy a controlling stake in a $4 billion Western European media company, the chief executive of the government-owned investment agency said. CEO David Jackson sets out the facts to Reuters Middle East investment Summit.
Audio – Taqa CEO’s shopping ambitions
Taqa CEO Peter Barker-Homek gives Reuters Middle East Summit the latest details about the energy company’s purchasing plans for this year.
How Mubadala differs from other investment firms
Abu Dhabi’s Mubadala Development Co. chief operating officer Waleed al-Mokarrab al-Muhairi outlines the key difference between Mubadala and other investment firms. The company said on Monday it was considering bids from as many as 10 telecom firms to set up operations in Nigeria after securing a licence in Africa’s most populous country.
Audio – The feel-good factor of oil prices higher than $60 -DIFX
Dubai International Financial Exchange Chairman Henry Azzam talks oil — and what happens if crude prices stay above $60 a barrel. Azzam told Reuters Middle East Investment Summit that oil prices need to stay above $60 a barrel to prompt a recovery in Gulf equity markets by boosting investor confidence.
Audio – DIFC on what really matters for Islamic finance
Dubai International Financial Centre CEO Nasser al-Shaali tells Reuters Middle East investment Summit about the importance of gaining a critical mass in Islamic finance to further expand its global reach.
Audio – Etihad CEO James Hogan on “marriage”
Etihad CEO James Hogan describes the ebb and flow of his relationship with Airbus and EADS
