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Middle East Banking Innovation Summit, conference on banking innovation in Dubai in November

Expotrade Middle East announces The Middle East Banking Innovation Summit, to be held in Dubai on 28-29 November 2011. The theme of the conference is "Thinking outside the Bank".

/EINPresswire.com/ According to a recent study, More than 90% of the banks in the Middle East believe that the importance of innovation is very high for bank's growth and efficiency. Then why is innovation not a part of strategic priority for most of the organizations? There has been a 92% increase in the level of investment in innovation in the ME from 2009 to 2010 and its further growing. The future landscape of banking innovation presents immense opportunities in the region.

In the post financial crisis world, technology plays an intrinsic and important role in delivering operational objectives. At the heart of innovative banking is technology. With the IT spending in the region increasing at a fast pace, are we on the crossroads of technology becoming the enabler of innovation?

In a recent study by Ovum on Banking Technology Spending Model Through 2014, it was forecasted that the Middle East's spending on core systems development will increase to 7.4% CAGR from 2010 to 2014. Core system transformation is up on the agenda for most of the banking institutions in the emerging markets.

Middle East Banking Innovation Summit is committed to bringing together financial thought leaders, C level executives - CEOs and CIOs, Government Dignitaries and senior banking and technology professionals under one roof discussing the key building blocks for innovation excellence in the rapidly transforming banking industry.

The Middle East Banking Innovation Summit conference program is based on the four S.T.E.P. of innovation: STRATEGY, TECHNOLOGY, EXPERIENCE and PRODUCT & PROCESS.

Some of the key speakers presenting at the conference include:
Sheikh Dr Hussein Hamed Hassan, Chairman, DIB Group Sharia Board
Ahmed Al Gebali, EVP and CFO, Dubai Islamic Bank
Dr. Saeed Al Shaikh, Chief Economist, National Commercial Bank
Ahmed Saad, Deputy CEO, Sharjah Islamic Bank
Ashraf Shoukry, Chief Operating Officer, Ajman Bank
Ibrahim Dabdoub, CEO, National Bank of Kuwait
His Excellency Mohammed Abdullah, CEO Sharjah Islamic Bank
Ibrahim Dabdoub, CEO, National Bank of Kuwait

Middle East Banking Innovation Summit will host up to 150 pre qualified C level decision makers from across the Middle East. Delegates will include:

Banking Institutions
Including but not limited to 100 top banking institutions from conventional to Islamic banks: Chairmen CEOs/MDs COOs/CFOs/ Chief Strategy Officer SVP/VPs of departments / Departmental heads CIOs/ CTOs/VP Technology

Regulatory Bodies and Associations
Hosting key associations and senior representatives from Central Bank, financial centres and Government institutions: Secretary General President Member of the Board Directors

Service Providers
Consultants, financial products and services innovators, IT Solution providers

For more information on the conference, visit http://www.bankinnovation-me.com or call Expotrade Middle East on +9714.4542135.

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