Supporting Organisations Updat ed Under the Patronage of In Cooperation with Programme National Planning Libyan Economic General People’s Council Development Board Committee for Finance Banking for 1st International Conference Development General People’s Committee for Planning

Central Bank of Libya OPPORTUNITIESOPPORTUNITIES & CHALLENGESCHALLENGES Libyan Foreign Bank An essential networking conference that will promote and clarify the major issues required to further elevate one of Libya’s most important economic sectors! Libya Tax Authority TheThe CCorinthiaorinthia BBabab AAfricafrica Hotel,Hotel, TTripoli,ripoli, LibyaLibya 18thth – 119th9th JJuneune 22007007

National Banking Corporation - Libya

Al Jamhuria Bank- Libya

Trade & Development Bank - Libya

Sahara Bank - Libya Keynote Address Umma Bank - Libya H.E. Farhat Omar Bengdara Governor Central Bank of Libya Libyan Financial Market Gold Sponsor

Amman Bank

United Insurance Company Bronze Sponsor Refreshment Delegate Bag Break Sponsor Sponsor

Organised by:

Official on-line Supporting Media Media Partner

≈ª¶©dG ájÒgɪ÷G äÉYGPE’ áeÉ©dG áÄ«¡dG International Financial Libyan Broadcasting Board Services London Please visit us at www.ibcgulfconferences.com MARKETING OPPORTUNITIES

Debating market issues Negotiating new business After hours networking NATIONAL PLANNING COUNCIL FOR LIBYA

Increase your competitive advantage during Dear Executive, ‘Banking & Finance in Libya’ to reach out and network with industry leaders, key decision makers It is our great pleasure to announce that the ‘1st Libyan international conference on Banking & Finance in Libya – Opportunities and Challenges’ will be organised under the patronage in government bodies and international and support of the National Planning Council and in cooperation with the Economic organizations. Development National Board, on 18th – 19th June 2007 at the Corinthia Bab Africa Hotel, , Libya. Also utilize this opportunity for branding and showcasing your products & services to the high With senior delegates expected to attend both from the MENA region and internationally, profile delegates. the banking and finance community will be well represented as the important vehicle for promotion of Libya Government’s plans for further reform and liberalise the economy.

Choice of Marketing Opportunities Available Given the important contribution that Libya stand’s to make in the coming years towards Commercial Sponsorships the global economy, conferences of this kind make an important step towards providing executives with the appropriate information needed to allow foreign banks to establish Speaker Opportunities operations in this country. Sponsorship of Periphery Events Conference Material Sponsorship We are confident that this important conference, will provide the necessary platform from which to promote to the international banking & finance community the vast opportunities Advertising that are currently available to the private sector here in Libya. Exhibiting space We here at the National Planning Council and the Economic Development National Board, will be represented through our delegation at the conference and I am looking forward to Key Marketing Benefits both participating in the discussions as well as meeting with international bankers, financial Innovative & Unique Branding Opportunities managers and over the course of the days. Accreditation and Logos On Conference material Accreditation On Press Releases Logos On Advertisements In Industry Magazines Complimentary Delegate Passes

For further details please contact: Arshed Hussain Exhibition & Sponsorship Manager Tel:+971 4 336 9992 Fax: +971 4 336 0116 LIBYAN ECONOMIC DEVELOPMENT BOARD (EDB) Email: [email protected] What is EDB? The Libyan Economic Development Board (EDB) is a special purpose action-orientated agency set up by the government and given the required powers to design and implement WHO SHOULD ATTEND? the country’s most important economic reform initiatives. It is sponsored and fully • Company Presidents & CEOs • Directors, Alternative supported by the top-leadership of the country, has a strong and capable team, and has • Chief Executive Officers Investments significant powers and a substantial budget to execute its mandate. • Chief Financial Officers • V.Ps Business Development • Chief Investment Officers • Consultants What will the LEDB do? • Chief Compliance Officers • Regional Directors The LEDB will design and execute campaigns that address Libya’s core reform priorities, by • Chief Risk Officers • Project Developers reducing red tape and facilitating rapid decision-making and action on critical economic • Directors of Investment Cos. • Insurers issues.This will improve productivity in the public and the private sectors, help diversify the • Managing Partners • General Managers economy, create employment and provide new economic opportunities for Libyans. In • Directors, Equity Strategy • Emerging Market Analysts many instances, the LEDB will lead the design of campaigns, then work with relevant Ministries in the early stage of implementation, and then transition the campaigns fully to If you wish to meet with any of the the Ministries as they develop the capacity to manage these on their own. Minister’s or Senior Governmental Specifically, the mandate of the Libyan EDB will be three-fold: Officials listed in this programme, to discuss commercial opportunities in • Lead priority initiatives, promoting new business formation, human development, more detail. Please contact Mr. Mohamed Alhuari wealth distribution, international partnerships and cluster development on e-mail: [email protected] • Advise other public entities in implementing their agendas and programmes; and Mobile: +00 218 92 500 9786 • Follow-up on the overall national reform programme as laid out for the country

PHONE (+971 4) 336 9992 FAX (+971 4) 336 0116 E-MAIL [email protected] ON-LINE www.ibcgulfconferences.com CONFERENCE OVERVIEW MAIN CONFERENCE PROGRAMME Since the normalization of relations between 19.30 17th June 2007 11.30 – 13.00 Session 2: The Banking and Libya and the international community, the Pre-Conferece Financial Services Sector in Libya – Libyan government has been on a course of Networking Current Status and Future Prospects economic reform and liberalization since the Reception Hosted By: middle of 2004. In order to bolster this Central Bank of Libya programme, the Libyan government has been The future role of the banking and paying greater attention to the banking and DAY ONE 18th June 2007 financial services sector in Libya financial services sector and in-turn is placing Abdulfattah Ghaffar a high priority on a reform programme to 08.30 – 09.30 General Manager improve the country’s economic welfare Registration and Umma Bank, Libya Morning Refreshments through the development of private sector The current challenges facing the Libyan enterprise, aimed at increasing the flow of banking sector investment into the economy. 09.30 – 11.00 Session 1: Keynote Opening Speeches Hadi Jtelly Chairman In the context of reform policies, The World Wafa Bank, Libya Bank recommended to invest a massive The Conference Chairman’s Opening amount of money within three years, in the Remarks An analysis of the financial and development of IT Infrastructure, a national Mohammed H. Layas investment environment in Libya: clearing-house system, ATM’s and staff Chairman achievements and challenges training. An improvement in transparency has Florence Eid been also sorted by the Libyan government Arab Banking Corporation & Independent Banking Advisor, UK through the establishment of a national bank Vice Chairman and General Manager Former Vice President & Senior Economist for reporting system. Africa - Libya Investment Portfolio, Libya MENA, Emerging Markets & Strategy, (Former Chairman and CEO of Libyan Foreign Bank) JP Morgan In addition, the recent sale of the Central Bank of Libya’s in both Sahara and Wahda Co-Chairman’s Address Libya, the new big opportunity Banks to local investors have set in motion Adnan Kassar Steve Brice privatization procedures in Libya. Moreover, Senior Economist the Central Bank of Libya is also planning to Chairman Standard Chartered Bank, UK set the market conditions and legal General Union of Arab Chambers of requirements for foreign banks to participate Commerce, Industry and Agriculture & 13.00 – 14.30 in the Libyan market. Chairman & CEO Networking Lunch The Fransabank Group, Lebanon The restructuring of the banking and financial 14.30 – 16.00 Session 3: The Role of sectors, are aimed at creating a new image to Welcome Address from the National International Financial Institutions For the commercial, legal and financial Re-Structuring The Banking And Financial environment, through the facilitation of a new Planning Council Institutions In Libya framework for regional and international Dr. Mahmoud Gebril investors in Libya. Chairman Session Chairman’s Keynote Address National Planning Council, Libya Major pillars for developing the Libyan This high level and unique conference, will banking sector and the potential role of give executives from the regional and Keynote Opening Addresses: the Union of Arab Banks in this international banking and finance sector, a perspective complex insight and rare opportunity to Dr. Fouad Shaker network with some of Libya’s most influential Outling prospective monetary policies Secretary General governmental officials. A comprehensive and banking sector re-structuring The Union of Arab Banks, Lebanon programme will analyse the significance and H.E. Farhad Binkdara impact of the banking reform programme, it Governor Striking the correct balance: will also assess how and when the proposed The Central Bank of Libya accommodating foreign bank and host changes will take place and what country objectives opportunities lie ahead. Fiscal policy in Libya Michael J. Hodges Business Development Director, MENA Senior Speaker Invited HSBC, UK CONFERENCE OBJECTIVES General Peoples Committee for Finance, Libya The international Forfaiting Association Support the role of the banking and and its role in the promotion of the financial services sector to facilitate its Forfaiting as a solution for traditional Economic, trade and investment policies role in serving the Libyan economy financing in the MENA region in Libya Wassila Hamdi Ben Amor Create a positive and open platform Senior Speaker Invited Chairperson of IFA-MENA Regional Committee from which to debate the salient issues General Peoples Committee & Head of Syndications & Forfaiting impacting the development and for Economy,Trade and Investment, Tunis International Bank,Tunisia promotion of the banking and Libya financial services sector in Libya Representative offices as a first step in establishing foreign operations in Libya Encourage and promote co-operation Libyan oil: future strategies Ahmed Bakkoush between the Libyan banking sector Dr. Shukri Ghanem* Chief Libya Representative and international banking and Chairman Qatar National Bank, Qatar financial organisations and National Oil Corporation, Libya institutions A Libyan bank’s privatization experience - Introduce new strategies that further Sahara Bank 11.00 – 11.30 Dr. Salem Al-Gmati advance banking techniques and Networking Chairman practices in Libya Refreshment Break Sahara Bank, Libya Invited*

PHONE (+971 4) 336 9992 FAX (+971 4) 336 0116 E-MAIL [email protected] ON-LINE www.ibcgulfconferences.com MAIN CONFERENCE PROGRAMME

The re-structuring of a state-owned bank to The Libyan investment portfolios – the total Accomplishments and challenges in become a private sector bank as part of the perspective - The Africa - Libya Investment developing Libya’s national technology banking reform programme Portfolio infrastructures: the case of banking Mohammed H. Layas Hesham Hamdy Aref Ali Nayed Chairman- Arab Banking Corporation & Managing Director Chief Risk Officer Vice Chairman and General Manager Agathon Systems Ltd, UAE Bank of Alexandria, Egypt Africa - Libya Investment Portfolio, Libya (Former Chairman and CEO of Libyan Foreign Bank) Enhancing the banking infrastructure in Management liability in the financial Libya through SWIFT solutions, 11.00 – 11.30 an in-depth analysis with reference to services sector: finding your way in the Networking Refreshment Break corporate jungle regional case studies Ayman Fathallah • Factors to consider 11.30 – 13.00 Session 6: Development Director of Business & Marketing • Governance models Institutions and Financial Functions to EastNets, Jordan • Middle East overview Further Economic and Social Activities The legal regime & security of foreign • How to protect Directors and Officers The specialized banks and its role in Senior Executive Confirmed investments in Libya: national & backing economic activities international perspectives AIG Insurance Case Study - The Development Bank - Libya Farouk Yala Sedik Shaibi Attorney at Law 16.00 – 16.30 General Manager Avocat au Barreau de Paris, France Networking Development Bank, Libya Refreshment Break Regional financial and development Prospects of business opportunities in institutions in meeting the challenges of Libya - with special reference to the 16.30 - 18.00 Session 4: Project Finance improving economic and social conditions - financial services industry Case Study: The Arab Fund for Economic M.H. Bouldoukian Head, Financial Institutions in MENA Countries The way to efficiently increase returns on and Social Development - Kuwait Senior Official Invited Bank of Beirut, Lebanon the investment side and reduce cost of The Arab Fund for Economic and Social (Former Deputy Governor Central Bank of Lebanon) debt- an international bank’s experience Development, Kuwait Andreas Koutras The implementation of an Operational Risk The Tunisian financial institutions Management System – challenges and Head of IRD Structuring & solutions Jean-Sylvain Forneri experience in developing the private sector Kamal Naji M. Nasser Barakat Head of IRD Distribution, Central & Eastern Chairman Consultancy Director Europe, Middle East and Africa & The Libyan – Tunisian Bank for Trade Aldar Audit Bureau (Grant Thornton – SA) Khaled Maleh Development, Libya Sales - CEEMEA 16.00- 16.30 Networking Refreshment Break Interest Rate Derivatives & Hybrids The prospective role of the financial and investment funds in Libya Calyon, France Hamed A. Al-Hodairy 16.30 – 18.00 Session 8: A Review of the General Manager Banking and Finance Experience of Other Opportunities for project finance in Libya: Economic and Social Development Fund, Regions and the Application to Libya An overview Libya Dr. Harald Raffay Representative offices as a first step to The role of private equity in the establishing foreign operations in Libya Head of International Division development of the Libyan economy A senior speaker to be announced BAWAG, P.S.K.,Austria Adel A. Saudi CEO & A review of past co-operation between 18.00 Abdulla Boulsien Libyan and foreign banks Chairman’s Summation, Concluding Remarks Managing Director A senior speaker to be announced & Recommendations Tuareg Capital Consumer lending solutions and the role of 13.00 – 14.30 Credit Bureau’s in the economy DAY TWO 19th June 2007 Networking Lunch Sherif Abdel-Kader Director 08.30 14.30 – 16.00 Session 7: Developing the Haydrian CEMA, Egypt Morning Refreshments Framework to Further Elevate the Importance of the Finance & Banking The prevention and detection of money Services Industry in Libya laundering: implementing best practices 09.30 - 11.00 Session 5: Investment and with reference to both international and Financial National Institutions A review of the current Libyan banking the regional experience of Gulf countries Responsibilities in Supporting Economic activities overseas and future strategies Dr. AbdelGadir Warsama Ghalib Activities Mohamed Najib Al Jamal Manager, Legal Dept General Manager Bank of Bahrain & Kuwait Libyan Foreign Bank, Libya The Libyan stock market and the Economic & Professor of Law American University, Bahrain Growth and Efficiency The importance of a tax policy for foreign banks Suliman Salem Alshohomiy 18.00 General Director Al boushy Allafi General Manager Chairman’s Closing Summation, Concluding The Libyan Exchange Stock Market The Tax Authority, Libya Remarks & Recommendations Invited*

PHONE (+971 4) 336 9992 FAX (+971 4) 336 0116 E-MAIL [email protected] ON-LINE www.ibcgulfconferences.com ABOUT THE SPONSORS

GOLD SPONSOR Citadel Capital is a leading Cairo-based private equity firm focused on buyout opportunities in the Middle East and North Africa Region, primarily in Egypt.

Over the past two years, Citadel Capital has executed some of the most compelling and successful private equity transactions in Egypt and the region, building a strong track record and an outstanding base, and investing over US$1.5 billion.

Key transactions include the acquisition and turnaround of the ASEC Group, a leading Egyptian cement group; and the buyout of Egyptian Fertilizers Company for US$739 million, which is the largest M&A transaction in Egyptian history and the largest private equity deal to date in the Middle East.

BRONZE SPONSOR Established in 1972 as "Unione delle Banche Arabe ed Europee", UBAE is a banking corporation funded by Italian and Arab capital. Shareholders include major banks - Libyan Foreign Bank, Misr International Bank, Bank Al-Maghrib, Banque Marocaine du Commerce Extérieur, Capitalia, Monte dei Paschi di Siena (Sansedoni), Sanpaolo IMI – and large Italian corporate groups: Eni (SOFID) and Telecom Italia.

The mission UBAE has set for itself is to become the advisor of choice and a privileged partner for business enterprises and financial institutions looking to introduce or expand trade, industrial and/or financial relations between Europe and countries in North Africa and the Middle East.

UBAE offers a wide range of services and boasts unique expertise in every form of banking relevant to clients engaged in business on Arab markets, from export financing, letters of credit and documents for collection to finance, syndications of loans and risks and on-site professional assistance.

Thanks to unremitting effort and over 30 years' experience, UBAE today is a lively bridge and a powerful link between Europe and countries in North Africa and the Middle East - a solid, reliable reference point in the market for foreign-trade services targeting this region. www.bancaubae.it

DAY ONE - REFRESHMENT BREAK SPONSOR Calyon is a subsidiary and the Corporate and Investment Bank of the Crédit Agricole Group, the largest banking organisation in France.

In February 2007, Calyon commemorated its first year of operation in Libya. Calyon’s activities are organised into two major divisions: Capital Markets, Brokerage and Investment Banking, and the Financing division, offering its corporate and financial institution clients a full range of products and services.

Credit Agricole has a presence across the entire spectrum of banking and finance activities and the group is a European leader in terms of domestic market . It ranks No. 2 in Europe and fifth in the world in terms of capital. It has 9,100 branches spread around the world. It boasts of 134,300 employees throughout the world, and 21 million customers. www.calyon.com

DELEGATE BAG SPONSOR

FRANSABANK’s legacy is built on a heritage of 86 years of professionalism, experience, development and growth. It is committed to: Expanding into selective regional and international markets. Till now FRANSABANK is operational in: • In France through FRANSABANK (France) • In Algeria through FRANSABANK El-Djazair • In Sudan through the shareholding of Islamic ‘Capital Bank’ • In Syria through FRANSABANK Syria (to be operational soon) • And lately, in Libya where it is opening a representative office Exceeding its customers’ expectations and fulfilling their needs and demands. Striving for differentiation in quality service to its existing and potential clients, strengthening the culture of entrepreneurship, decision-making and teamwork. Generating increasing value for its shareholders in a dynamic manner and solid sustainable grounds. Keeping close to its clients and its communities by exercising the highest level of corporate and social responsibilities. www.fransabank.com

PHONE (+971 4) 336 9992 FAX (+971 4) 336 0116 E-MAIL [email protected] ON-LINE www.ibcgulfconferences.com Banking & Finance in Libya 18th – 19th June 2007, The Corinthia Bab Africa Hotel, Tripoli, Libya Registration & Enquiry Form Conference Reference Conf E7404 CONFERENCE & SEB FEES 5 EASY WAYS TO REGISTER CONFERENCE ONLY Dhs 8,891 / US$ 2,421 * The above fees include airport transfer and visa administration charges HOTLINE FAX E-MAIL (visa fees to be paid extra) (+971 4) 336 2992 Sarita Singh (+971 4) 336 0116 [email protected] CONFERENCE DOCUMENTATION

Your documentation pack contains a copy of the updated programme + MAIL bios and abstracts of the speakers. All presentations given out at the The Bookings Department ON-LINE event can be downloaded from the link provided in the delegate’s IBC Gulf Conferences, PO Box 15078, , UAE www.ibcgulfconferences.com documentation folder.

I am unable to attend this conference but please, reserve me ______set(s) PAYMENT OPTIONS IBC’s UPCOMING of conference papers at UAE Dhs. 2,571/ US$ 700 Payments can be done by the following methods: EVENTS DELEGATE DETAILS Bank Transfer: Dirham transfers to IBC Gulf Project Economics & Please photocopy for additional delegates and/or delegate with different addresses Conferences, account No: 020-111878-001 and US$ transfers to IBC Gulf Conferences, account No: 020- Decision Analysis in Name: 111878-211 with HSBC Bank Middle East, Main Branch, P.O. Oil & Gas Box 66, Dubai (Swift Code: BBMEAEAD) Please include the invoice number, the event code E7404 and the delegate’s 03-07 June 2007, Dubai, UAE Job Title: surname in the transfer instructions 3rd Annual Middle East Demand Draft / Cheque drawn in favour of IBC Gulf Tel: Fax: Conferences. (cheques are accepted from UAE companies Insurance Forum only) 05-06 November 2007, Dubai, UAE E-mail: Credit/debit card: Please complete credit/debit information below: 3rd Annual Syndicated Please charge my credit card: Lending in the GCC Name of Company: Dubai, UAE Card No Nature of Business: African Islamic Finance Expiry Date Conference Address: 29-31 October, 2007 Johannesburg, / South Africa MM Y Y City: Postcode/Zip: Cardholder’s Name ______Syndicated Lending in North Africa Country: Billing Address ______11th – 12 December 2007,Tunisia, (if different from co. address) North Africa Tel: Fax: ______

Head of Department: Post Code/Zip ______Country ______

Signature ______Tel: E-mail: PAYMENT TERMS

Training Manager: Payment is due immediately upon receipt of the invoice and it includes lunches, refreshments, and conference materials. Your place at the conference is not secure until payment has been Tel: E-mail: received and is subject to cancellation if no payment has been received by the start of the event. VENUE & ACCOMMODATION PROGRAMME CHANGE POLICY Venue: Please note the speakers and topics were confirmed at the time of The Corinthia Bab Africa Hotel,Tripoli, Libya publishing; however, circumstances beyond the control of the Tel: +218213351990 Fax: +218213351992 Email: [email protected] organisers may necessitate substitutions, alterations or cancellations of the speakers and/or topics. Accommodation: CANCELLATION & SUBSTITUTIONS A number of bedrooms have been booked at The Corinthia Bab Africa If you should cancel by 4h June 2007, you will receive a refund less a Hotel, Tripoli. For hotel confirmation please contact Mr. Abdul service charge of UAE Dhs. 485. We regret that no refunds can be Monem Nageh on Tel + 218214443865 Fax +218214442862 or made for cancellations received after 4h June 2007. Substitutions are Email: [email protected] / [email protected] welcome at any time. DATA PROTECTION VISA INFORMATION The personal information shown on this brochure, or provided by you Visa will be issued at the Tripoli International Airport on will be held on a database and may be shared with companies in the arrival. Please provide your flight details in advance to Mr. Informa Group internationally. Sometimes your details may be For further information on any of the obtained from, or made available to external companies for marketing Abdul Monem Nageh at Sahara Libya on Tel + 218214443865 purposes. If you do not wish your details to be used for this purpose, above events Fax +218214442862 or Email: [email protected] / please write to the Database Manager, IBC Gulf Conferences, P.O. Box please call +971 4 336 9992 or [email protected] 15078, Dubai, . Tel: (+971 4) 336 9992 Fax: (+971 e-mail: [email protected] 4) 336 0116 Email:[email protected] Please visit us at www.ibcgulfconferences.com