DIFC to Present at World Knowledge Forum in Korea.

The Dubai International Financial Centre will be presenting at the prestigious World Knowledge Forum 2004 to be held in Seoul, Korea on 12th and 13th of October. This is in line with the DIFC’s post launch strategy. Having announced its first licensees following the issuance of the Dubai Decree, the DIFC will focus on regions outside the Middle East, such as Asia. The DIFC will be represented at the event by CEO, Naser Nabulsi.

This annual conference is attended by more than 1,000 opinion leaders from business, politics, academia and media across the world and is the largest of its kind in Asia. Its principal aim is to raise the importance of knowledge sharing leading towards a balanced prosperity around the globe.

The World Knowledge Forum aspires to shape the immediate future of the world. Its participants share ideas and practices through intensive interaction and candid dialogue, so much so that the forum has become known as the, ‘Jubilee of Human Knowledge’.

The Maeil Business Newspaper, Korea's premier business daily, is the host of the conference, supported by The Financial Times, CNBC Asia, Reuters, and the Nihon Keizai Shimbun as well as OECD, Global Knowledge Partnership and INSEAD.

Dr Omar Bin Sulaiman, Director General of the DIFC said, “This region has considerable untapped potential both in fiscal terms as well as in what we can impart to the rest of the world. I am delighted that the DIFC has been asked to contribute to the World Knowledge Forum. Asia will be a key market for us and this event will provide an early platform for our activity in this region.

“It is an honour to be asked to participate as a presenter at the World Knowledge Forum.” Said Naser Nabulsi. “As CEO of the DIFC it is one of my principal roles to spread the word of what the DIFC will bring to the world and it is noteworthy that such a prestigious event has sought to discover more about what we are doing here.”

Sharing a platform with other notable business leaders, The presentation will focus on Private Equity firms operating outside the United States. He will discuss the Middle-East Private Equity Market covering an overview of the industry and specifically explain why the DIFC will prove to be a regional catalyst for the development of the financial sector in general.

Dr. Omar Bin Sulaiman added, “The DIFC is beginning to change the face of international business and following the first institutions being licensed this week, other big names in finance are discussing with us how they can join the world’s next global financial centre. The momentum we have achieved is epitomised by this invitation to present to the remarkable group of business leaders who attend the World Knowledge Forum.”