In pictures: Euromoney GCC Financial Forum in Bahrain
Co-hosted by Euromoney and the Bahrain Economic Development Board, the event focused on the reinvention of financial services.
The 8th Annual GCC Financial Forum took place in Bahrain late last week. It was attended by around 1000 industry leaders who were able to meet, network and participate in sessions around the topics relevant to the sector today. Over two days, the forum facilitated open dialogue under the theme “The Reinvention of Financial Services” and analysed multiple subjects including FinTech, Responsible Finance, Women Driving Innovation in Finance, Open Banking and other Global Trends. Steve Wozniak, Co-Founder, Apple Computers during his keynote presentation at the GCC Financial Forum in Manama, Bahrain "I want to tell the business community that you need to change your thinking about how to invest. We would love the business community to invest in innovation." H.E. Khalid Al Rumaihi, Chief Executive, Bahrain EDB "It's so easy to innovate here. You can easily test your solution. If you need a different approach, amend your business model and go back to market." Dalal Buhejji, Chair, Women in FinTech, Bahrain & Senior Manager, Financial Services, Bahrain EDB "Improving our fiscal position prepares for more economic growth, which improves our fiscal position; it's a virtuous cycle." H.E. Shaikh Salman bin Khalifa Al Khalifa, Minister of Finance and National Economy, Bahrain "To me innovation, to put it in very simple terms, is efficiency. It's capturing time, cutting cost and, eventually, making an impact on lifestyle." Mishari Alassailan, Senior Adviser, Fintech Saudi Responsible finance takes the interconnectedness of our globe into account. It's not just finance in isolation." Inge Relph, Executive Director, GlobalChoices.org" "Bahrain now has one of the best regulatory frameworks for crypto assets globally." Henri Arslanian, FinTech and Crypto Leader, Asia PwC "In terms of where FinTech is exploding, Asia is running away with it right now. Last year mobile payments in China were 24 trillion USD - they accounted for 93% of the world's mobile payments." Catherine Wood, Founder and Chief Executive Officer, ARK Investment Management