09.30 Changing Synergies – The Reorientation of CIS Business
The CIS is more a concept than a reality, as the markets of the former Soviet Union forge new economic alliances and build trading links to neighbouring regions and beyond – from the Eurasian Economic Union to the Silk Road. In this session we will explore the contours of these changing synergies. What are the mutual benefits that come from the emerging CIS-GCC relationship? What are the obstacles and risks?
10.30 Funding the Future – The Role of Sovereign Wealth Funds
Revenues from oil and gas have enabled the creation of sovereign wealth funds across both the Gulf and the CIS. As government incomes shrink, some funds are privatising assets while others are searching for the best investment opportunities at home and abroad. Our panellists will explore these strategies and the emerging synergies among the funds.
H.E. Mohammed I. Al Shaibani, Executive Director & Chief Executive Officer, Investment Corporation of Dubai, UAE
Kirill Dmitriev, Chief Executive Officer, Russian Direct Investment Fund, Russia
It is a time of rapid change and rising risks for the CIS. But attempts to boost trade and investment ties between markets in the region and the rest of the world are forging ahead. In this session, heads of state from the CIS region will discuss the economic impact of these changes.
14.30 New Opportunities – The Business Perspective
In conversation with two world-leading entrepreneurs, this session will draw out the story of the transformation of the CIS and Dubai, providing tangible insights into opportunities, challenges and synergies.
H.E. Mohamed Alabbar, Board Member, Eagle Hills, UAE
The oil-rich countries of the CIS and the Gulf are trying to understand the future of hydrocarbons in a world of low prices and increasing pressure on carbon emissions. At the same time, they are exploring the potential of developing alternative energy sources. What must the oil states do to retain their position as energy hubs? Confirmed speakers:
Ahmad Belhoul, Chief Executive Officer, Masdar, UAE
Christopher Hopkinson, Chairman, Kazmunaygas, Kazakhstan
Christof Ruehl, Global Head of Research, ADIA, UAE
16.15 Emerging Multinationals - Who, What and Where Next?
A new generation of companies is emerging across the CIS, leveraging knowledge of local markets and building on regional aspirations. This session will discuss the potential of the emerging private sector with some of the region’s leading entrepreneurs and ask when we will see the first Fortune-500 company.
Aidan Karibzhanov, General Director, Visor Holding, Kazakhstan
Thursday 18th February 09.30 Yesterday and Today – In Brief
We will get the morning going with a lively summary of memorable points from the first day’s sessions – and an overview of the second day.
09.40 Driving the Future - Making the Most of New Synergies
The automotive and electronics industries are making the most of the new rail links between China and Europe to speed their route to market. What possibilities does this open up for businesses operating in the countries in between? How might global value chains change as new synergies emerge?
Sergio Marchionne, Chief Executive Officer, Fiat Chrysler Automobiles, Italy
10.10 Diversification Dividends – Overcoming Challenges and Reaping Rewards
The region’s oil economies are all trying to diversify away from dependence on natural resources. Both Astana and Baku are working with Dubai to position themselves as hubs for Central Asia with impressive infrastructure and high profile architectural projects. This session will discuss the challenges of diversification and look at the lessons from Dubai in building up new industries.
Gerald Lawless, President & Group CEO, Jumeirah Group, UAE
H.E. Essa Kazim, Governor, DIFC Authority, UAE
Ghaith Al Ghaith, Chief Executive Officer, FlyDubai, UAE
11.30New Opportunities – Developing the North-South Transport Corridor
There is enormous potential for the Gulf region in developing the trading and investment routes that run north-south from the Silk Road. These would link Dubai to Moscow and the newly founded Eurasian Economic Union via Iran, Turkey and Azerbaijan – a group of markets with around 350 million people. What will it take to turn this into a key economic corridor over the next decade?
Barbara Meynert, Chair of Digital Economy Task Force, UN ESCAP, Thailand
An Islamic economy is beginning to emerge across Eurasia, stretching from Bosnia and Herzegovina to Turkey and the CIS, with close links to the Gulf states and Asia. H.E. Bakir Izetbegovic will explore the potential for building stronger partnerships between these markets.
H.E. Bakir Izetbegovic,Bosniak Member, Presidency of Bosnia & Herzegovina
14.15Funding the Future –Islamic Finance in the CIS
The CIS region is home to large Muslim communities and relatively low penetration of financial services. Islamic finance has started to emerge as an option in Kazakhstan, Kyrgyzstan, Turkmenistan and Azerbaijan, with players from Dubai taking a leading role in introducing Sharia-compliant products and services. Governments, too, are gradually rolling out laws, regulations and standards for the sector. What is needed to make Islamic finance a viable alternative? How can the region implement policies to deepen the pool of available Sharia-compliant capital? Confirmed speakers:
Prasad Abraham, Chief Executive Officer, Al Hilal Bank, Kazakhstan
Khaled Mohammed Al-Aboodi,Chief Executive Officer, Islamic Corporation for the Development of the Private Sector, Islamic Development Bank, Saudi Arabia
15.00Finding New Roads - Leveraging the CIS Opportunity
Russia is an enormous market for many global companies - by far the largest in the CIS region. But its rapid slowdown has pushed companies to look harder at other markets in the CIS to sustain overall business performance in the region. In this session, regional directors discuss how they are tackling the challenges and expanding in this varied region.
Borisbiy Zhangurazov, Chairman of the Board, Kaznex Invest, Kazakhstan
Jean Claude Farah, Executive Vice President and President, Middle East, Africa, Asia Pacific, Eastern Europe & CIS, Western Union, UAE
Mikhail Gerchuk, Head of Eurasia, Vimpelcom, Netherlands
Nathan Kalumbu, President, Eurasia & Africa Group, The Coca-Cola Company, Turkey
Silviu Popovici,President, Russia, Ukraine and CIS, PepsiCo, Russia