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3rd Annual Securitisation and Structured Finance in the Middle East

Date: 18 November 2008 - 19 November 2008
Venue: Jumeirah Emirates Towers, Dubai

Discussions:

  • 17/11/08 12:00 - Case study: Sorouh Real Estate’s $1.1 billion real estate project securitisation

    • Debashis Dey, Partner, Head of Capital Markets and Structured Finance, Clifford Chance Download
    • Mounir Haidar, Chief Executive Officer, Sorouh Real Estate
  • 18/11/08 10:45 - How have sukuk and securitisation structures evolved following AAOIFI’s ruling on purchase undertaking?

    • Mohamad Nedal Al-Chaar, Secretary General, AAOIFI Download
  • 18/11/08 16:00 - Sorouh Sukuk: Moody's risk analysis of Abu Dhabi's first securitisation

    • Khalid Howladar, Senior Credit Officer, Asset Backed and Sukuk Finance, Moody’s Investors Service Download
  • 18/11/08 16:30 - Innovations in Islamic structured finance - securitisation developments

    • Salim Nathoo, Partner, Head of Securitisation, Allen & Overy LLP Download
    • Tim Conduit, Senior Associate, Securitisation, Allen & Overy LLP
  • 19/11/08 09:45 - What is the regulatory outlook for securitisation and off-balance sheet funding?

    • Martin Kinsky, Managing Director, Markets, DFSA Download
  • 19/11/08 11:30 - Consumer finance: A growing asset class for the region and prospects for securitisation

    • Pedram Mazaheri, Director, MENA FI Securitisation, RBS Download
  • 19/11/08 12:00 - Basel II and lending capacity – why local banks will look to offload their balance sheets with securitisation Download

    • Tim Lupprian, Head of MENA Origination, Calyon
    • Simon Stockley, Director, Catalis

Event agenda

Monday 17th November 2008
 
SEPARATELY BOOKABLE PRE-CONFERENCE MASTERCLASS:
Financing GCC real estate and infrastructure with securitisation
Led by:
Debashis Dey, Partner, Head of Capital Markets and Structured Finance, Clifford Chance
Khalid Howladar, Senior Credit Officer, Asset Backed and Sukuk Finance, Moody’s Investors Service


Day One: Tuesday 18th November 2008

08.00    Registration and coffee
 
08.50    Chairman’s opening remarks
Scott Barton, Head of GBM, Middle East, RBS
 
09.00    Overview of current global markets and implications for emerging markets
Tom Jenkins, Senior Analyst, Strategy and Credit Research, RBS                            
 
09.30    A regional perspective on what’s happening globally – market outlook for 2009 and beyond
Sandeep Chaudhry, Chief Executive Officer, ENSEC

10.00    How have sukuk and securitisation structures evolved following AAOIFI’s ruling on purchase undertaking?
Mohamad Nedal Al-Chaar, Secretary General, AAOIFI

10.30    Assessing the impact of the global credit crunch and why the GCC is still primed for securitisation
Issam Al Tawari, Chief Executive Officer, Rasameel Structured Finance
Arul Kandasamy, Head of Investment Banking, Abu Dhabi Commercial Bank
Beejan Roohi, Managing Director, Head of Debt Capital Markets, MENA, Standard Chartered
Moderated by: Tim Vieth, Executive Director, Head of CEEMEA FI Securitisation, RBS

11.15    Coffee and networking
 
12.00    Case study: Sorouh Real Estate’s $1.1 billion real estate project securitisation
Mounir Haidar, Chief Executive Officer, Sorouh Real Estate
Debashis Dey, Partner, Head of Capital Markets and Structured Finance, Middle East, Clifford Chance

12.30    Institutional investors’ panel discussion: Products, spreads and currency – what are investors’ criteria when looking at a structured finance deal?
Suresh Kumar, Chief Executive Officer, Emirates Financial Services
Simon Stockley, Director, Catalis
Mohammed Asaria, Head of Principal Finance, Rasameel
Moderated by: Khalid Howladar, Senior Credit Officer, Asset Backed and Sukuk Finance, Moody’s Investors Service

13.15    Lunch

14.30    Borrowers’ panel discussion: How does securitisation fit into the wider funding strategies of corporates?
Gaurav Agarwal, Chief Financial Officer, Tamweel
Firoze Kapadia, Head of Treasury, Sorouh Real Estate
Phillip Thigpen, Treasurer and Head of Capital Markets, Saudi Home Loans
Adam Malouf, Head of Legal and Compliance, Areit Management
Moderated by: Pedram Mazaheri, Director, MENA FI Securitisation, RBS 

 
15.15    Sorouh Sukuk: Moody's risk analysis of Abu Dhabi's first securitisation
Khalid Howladar, Senior Credit Officer, Asset Backed and Sukuk Finance, Moody’s Investors Service
 
15.45    Coffee

16.15    Innovations in Islamic structured finance - securitisation developments
Salim Nathoo, Partner, Head of Securitisation, Allen & Overy
Tim Conduit, Senior Associate, Securitisation, Allen & Overy
 
16.45    Exploring the strategies and financing needs of private equity firms in the GCC – how big are local war chests?
Frederic Sicre, Executive Director, Abraaj Capital

17.15    Chairman’s closing remarks followed by drinks reception

Day Two: Wednesday 19th November 2008
 
09.00    Registration and coffee
 
09.30    Chairman’s opening remarks
Pedram Mazaheri, Director, MENA FI Securitisation, RBS

09.45    What is the regulatory outlook for securitisation and off-balance sheet funding?

Martin Kinsky, Managing Director, Markets, DFSA
  
10.15    Navigating regulatory frameworks, legal and tax issues, and obtaining a fatwa – overcoming challenges structuring a shari’ah compliant securitisation
Mian Muhammad Nazir, Senior Vice President, Dar Al Sharia (subsidiary of Dubai Islamic Bank)
Debashis Dey, Partner, Head of Capital Markets and Structured Finance, Middle East, Clifford Chance

11.00    Coffee and networking
 
11.30    Consumer finance: A growing asset class for the region and prospects for securitisation
Pedram Mazaheri, Director, MENA FI Securitisation, RBS

 
12.00    Basel II and lending capacity – why local banks will look to offload their balance sheets with securitisation
Tim Lupprian, Head of MENA Origination, Calyon
Simon Stockley, Director, Catalis

12.30    Heralding a new dawn for real estate investment and financing – why real estate investment trusts (REITs) will take-off in 2009
Thomas Pang, Chief Executive Officer, Gulf Fund Management
Emmanuel Givanakis, Associate Director, Supervision, DFSA
Andrew Henderson, Senior Associate, Head of Financial Services Regulation Group, Clifford Chance
Moderated by: Adam Malouf, Head of Legal and Compliance, Areit Management
 
13.15    Chairman’s closing remarks followed by lunch