Dubai to strengthen country’s market analysis

All roads lead to Dubai as it plays host to the ‘1st UAE FX Trading Championship,’ which will be held from Sept.11 to Sept.12, 2012 at the Intercontinental Hotel in Festival City. The event, which is being held under the patronage of Sheikh Hamdan Bin Rashid Al Maktoum, Deputy Ruler of Dubai and Minister of Finance and Industry, seeks to strengthen the country’s market analysis and trading strategies. The event follows the success of the two editions of the Saudi Money Expo and Conference and complements a recent industry report that ranks the UAE as number one in investment diversification between Arab traders, particularly since over 42 per cent of UAE investors have direct or indirect investments interest in currency, oil or gold markets. The event is being organised by Stayconnected in partnership with Alawsat for Economic Consultants for Prince Dr Saif Al Islam Bin Saud Bin Abdelaziz. The ‘1st UAE FX Trading Championship’ is expected to attract the participation of leading companies from the Gulf region, global financial institutions and economists from more than 10 European and American countries. A total of 1,000 traders from the UAE are expected to take part in the live trading competition, battling it out to win the title of ‘Best UAE FX Trader 2012.’  Participants will also be given the opportunity to meet with top officials from leading foreign companies and learn from their expertise and experience while also discussing the latest trading technologies. In fact, Alpari UK, a leading British company, will shed light on the methods and techniques used to read financial market indicators.  In addition, the event will also showcase free educational courses that have been designed to educate investors about daily market fluctuations. “These are very exciting times for the global trading markets and the UAE in particular, represents the face of the future of investment and trading—bright and bursting with potential and opportunities,” said Walid Ead, Director, Stayconnected. “During this engaging two day event, participants will not only be able to test their skills in trading but will also be able to interact face-to-face with the world’s leading analysts to discuss the latest trends in the global market.” The ‘1st UAE FX Trading Championship’ is also being mounted in partnership with Alpari UK and corporation with FX Solutions (official sponsor), FXDD (main sponsor), Forex.com (diamond sponsor), ADSS (gold sponsor), ICM Capital UK (silver sponsor) and FXCM Mena (co-sponsor). The conference halls will open at 1:00 PM on September 11, 2012 and investors representing various industry verticals are welcome to participate in this free attendance event. From gulftoday