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Thursday, December 3, 2009

Universities in Bahrain,


Universities in Bahrain are participating in the CFA Institute Global Investment Research Challenge for the first time.
CFA Bahrain, the association for local investment professionals, consisting of portfolio managers, investment advisers, educators and other financial professionals, hosted the first stage of the national competition.
Over the next few months, five teams of 20 students from four of the country's leading universities and business schools will compete for a place in the Europe, Middle East, and Africa (EMEA) regional final in Istanbul in March next year.
The successful team from the EMEA region will then compete in the international final to be held in Hong Kong next April.
The Global Investment Research Challenge is an educational initiative in which leading industry professionals guide business and finance students in researching and reporting on a publicly traded company.
It spans one academic year and consists of analysing a public company, mentoring by a professional research analyst, writing a research report and presenting its results and recommendations to a panel of experts.
"Last year students from Nanyang Technological University from Singapore won the competition, beating stiff opposition from three other teams from Ireland, the United States and Brazil." CFA Bahrain vice-president Lamees Al Baharna said.
"This year's competition will be just as challenging. Our society is very excited to be bringing the event to Bahrain and the GCC for the first time, for giving students the chance to meet some of the finest investment professionals working in the country and to potentially meet their contemporaries from many other countries."
With the cut-off date approaching bankers, financiers, and Islamic banking professionals are rushing to get their votes in for the Islamic Business and Finance Awards.
This year's award ceremony will be hosted by CPI Financial, publisher of Islamic Business & Finance magazine, and will be highlighting the phenomenal performance of the Islamic finance industry, particularly during times of economic instability.
The awards ceremony is set to be held on December 14 under the patronage of Dubai International Financial Centre.
They were first introduced in 2005 in response to the extraordinary growth rate of the Islamic financial institutions, and is currently one of the most distinguished awards within the financial industry.
"Islamic finance proves to be the most promising financial sector today." CPI Financial chief executive officer Nigel Rodrigues said
"Throughout the global economic crisis, the combined assets of Islamic banks continued to soar relative to the private banks worldwide," he added

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