IBC Holds Significant Economic Seminar for the Visiting UBS Bank

Among IBC economic activities, the Council hosted on Wednesday January 25th 2017 at IBC Hall / 1st Floor a significant Economic Seminar for the UBS Bank delegation visiting Jordan titled “Expectations of UBS Bank for Global Markets”.
At the beginning of the Seminar IBC CEO welcomed the present guests and introduced the speaker of this Seminar; President of the Investment Office for Wealth Management of UBS Bank in the United Kingdom Mr. Geoffrey Yu, who reviewed a number of important topics including expectations of growth and inflation rates for global markets and the exchange rate of foreign currencies in 2017.

He further spoke about the expectations of increase in oil and gold prices during the current year, in addition to reviewing some significant events that had impacted the global markets in 2016 such as Briton exiting the European Union (Brexit), election of the American President Mr. Donald Trump and the performance of bonds and stocks over the last year. The Seminar included some comments and questions and that were answered by Mr. Geoffrey Yu.

For his part, Mr. Hans Rolsberger President of UBS Bank Wealth Management / Middle East and North Africa (MENA) lauded IBC role for organizing this important Seminar stressing keenness of UBS Bank Management to collaborate with IBC members and provide the best services.

One IBC side, the Seminar was attended by IBC Vice Chairman and Secretary General Mr. Saad Naji and a number of IBC Board members; Mr. Turkey Al-Qaissi, Mr. Muhammad Al-Jubouri, Mr. Usama Al-Quraishi and Mr. Mekki Al-Faiz and a large crowd of IBC members, representatives of IBC member companies, IBC CEO and staff.