MENA Economic Outlook Breakfast: Successful Climate Transition – Mirage or Oasis?
Discussing the impact of climate transition on the Global and MENA economy
Date : Thursday 2nd November 2023
Time : 09:00AM GST
Venue : Taj Jumeirah Lakes Towers, Dubai, UAE
About the event
The International Energy Agency recently announced that the world is at the “beginning of the end of the fossil fuel era...and we have to prepare for the next era.”
Whilst the energy transition presents both risks and opportunities for the region, these must be seen in the context of a broader growth and diversification agenda that will boost economic momentum as well as the backdrop of higher inflation, tighter monetary policy and an array of global geopolitical factors.
During this seminar we will explore the broader economic outlook for the region, identifying which factors will be the true drivers for growth in the coming years, tackling the below questions:
• What is the current state of economic growth forecasts in the Middle East?
• How can the region capitalise on the energy transition?
• Which global economic trends will have the biggest impact on the Middle East’s growth trajectory?
• What policies do the GCC need to implement in order to be winners in the energy transition?
Agenda
09:00 Registration and Pastries
09:30 Welcoming remarks | Matthew Pritchard - Director, Middle East, Oxford Economics
09:40 Global Economic Outlook | Adrian Cooper - Chief Executive Officer, Oxford Economics
Adrian Cooper will set out the key factors that will drive the economic outlook for 2024 and beyond,
including the likely extent of the current economic downturn, how persistent inflationary pressures
will remain, and the implications for interest rates and financial markets. Adrian will also highlight
the impact of the major risks to the world economy, ranging from climate change to geopolitical
risks and the intensifying trend towards deglobalisation.
10:05 Q&A
10:20 Coffee Break
10:40 Panel Discussion - The panel will discuss questions on the region’s economic outlook:
Which factors will be pivotal in driving growth throughout the coming years
What impact the energy transition will have on these prospects
How countries will need to set themselves up not only to mitigate any risk presented by
these coming changes, but best capitalise on opportunities generated through a
diversification agenda
Panellists include:
Scott Livermore - Middle East Chief Economist, Oxford Economics (Chair)
Mohamed Bardastani - Director of Business and Economics Insights, Visa
Edward Bell - Senior Economist, Emirates NBD
Amy McAlister- Middle East Associate Director, Oxford Economics
11:30 Networking
The event will be chaired by
Scott Livermore
Midlle East Chief Economist, Oxford Economics
Scott Livermore is the Chief Economist of Oxford Economics Middle East and based in Oxford’s Dubai office. He is also Managing Director of Consultancy in the Middle East and Asia, as well as a member of Oxford Economics’ Senior Management Team. Scott leads many of the major projects in the GCC and Asia which have recently included capacity building, macroeconomic modelling, and policy impact assessment engagements for government institutions in the UAE, Saudi Arabia, Kuwait, and Oman, and IFRS 9 and Stress Testing engagements in Singapore, Thailand, and Hong Kong.
Our Presenters:
Adrian Cooper
Chief Executive Officer, Oxford Economics
Adrian Cooper is responsible for coordinating and managing Oxford Economics' global economic analysis, forecasting and consultancy activities, and overseeing its global team of over 450 professionals including 300 economists and analysts. He has led Oxford Economics' work on a wide array of consultancy projects, ranging from policy advice to government departments in Europe, the US, Africa, and Asia to detailed analysis of the economic impact of particular industries and investment proposals.
Scott Livermore
Middle East Chief Economist, Oxford Economics
Scott Livermore is the Chief Economist of Oxford Economics Middle East and based in Oxford’s Dubai office. He is also Managing Director of Consultancy in the Middle East and Asia, as well as a member of Oxford Economics’ Senior Management Team. Scott leads many of the major projects in the GCC and Asia which have recently included capacity building, macroeconomic modelling, and policy impact assessment engagements for government institutions in the UAE, Saudi Arabia, Kuwait, and Oman, and IFRS 9 and Stress Testing engagements in Singapore, Thailand, and Hong Kong.
Amy McAlister
Middle East Associate Director, Oxford Economics
Amy McAlister is a Lead Economist at Oxford Economics in the EMEA macro consulting team and is based in Dubai. She is engaged in a variety of bespoke consultancy projects, including the creation of large-scale models and scenarios. She focuses on business in the Middle East, particularly on the macroeconomic outlook at forecast for the economy of Saudi Arabia. Amy has a range of experience managing projects for clients, with a specific focus on the UAE and KSA, including several customised macroeconomic models for government agencies.
Mohamed Bardastani
Senior CEMEA Economist and Director of Business and Economics Insights, Visa
Mohamed Bardastani is Visa’s Senior CEMEA Economist and Director of Business and Economics Insights. His role primarily involves engaging with Visa’s key clients through presentations that capture the latest global and regional economic developments, and recent trends in the payment and travel and tourism industries. Mohamed joined Visa after spending few years as a Senior Middle East Economist at Oxford Economics, where he was responsible for developing the company’s views on the Middle Eastern economies. Mohamed studied at the University of Tampa, USA, where he gained a Bachelor degree in Economics; and at the University of New South Wales, Australia, where he completed his Master degree in Economics.
Edward Bell
Senior Economist, Emirates NBD
Edward Bell is Head of Market Economics and is responsible for Emirates NBD’s analysis of rates, currencies and commodity markets. He represents Group Research in international events, media and senior client briefings, updating clients with the bank’s latest thought leadership on markets critical to their operations. Prior to joining Emirates NBD, Edward worked as a senior commodities economies and Middle East economist at an independent consultancy in London and in Hong Kong and has degrees from the University of London and University of Toronto.
Matthew Pritchard
Head of Business Development, Middle East, Oxford Economics
Matthew heads-up the subscriptions sales team in the Middle East and is responsible for strategic and commercial activities across the region. He joined the team in 2021 and is based in our Dubai office. Prior to joining Oxford Economics, Matthew was a Sales Director at Fitch Solutions covering business development across the Middle East having moved to Dubai from London to help set-up their UAE office in 2015. Matthew holds a Master’s degree in Management (with a speciality in International Business) and a Batchelor’s degree in Philosophy, both from the University of Sheffield.
Mohamed Bardastani
Senior CEMEA Economist and Director of Business and Economics Insights, Visa
Mohamed Bardastani is Visa’s Senior CEMEA Economist and Director of Business and Economics Insights. His role primarily involves engaging with Visa’s key clients through presentations that capture the latest global and regional economic developments, and recent trends in the payment and travel and tourism industries. Mohamed joined Visa after spending few years as a Senior Middle East Economist at Oxford Economics, where he was responsible for developing the company’s views on the Middle Eastern economies. He worked on several public-sector consulting projects in the GCC, focusing on evaluating the economic impact of certain policy measures and advising on alternative policies whenever appropriate. He also provided regular commentary to regional and international newspapers as well as pan-Arab TV channels about the latest regional economic developments and trends. Mohamed studied at the University of Tampa, USA, where he gained a Bachelor degree in Economics; and at the University of New South Wales, Australia, where he completed his Master degree in Economics.
Matthew Pritchard
Head of Business Development, Middle East, Oxford Economics
Matthew heads-up the subscriptions sales team in the Middle East and is responsible for strategic and commercial activities across the region. He joined the team in 2021 and is based in our Dubai office. Prior to joining Oxford Economics, Matthew was a Sales Director at Fitch Solutions covering business development across the Middle East having moved to Dubai from London to help set-up their UAE office in 2015. Matthew holds a Master’s degree in Management (with a speciality in International Business) and a Batchelor’s degree in Philosophy, both from the University of Sheffield.
Amy McAlister
Middle East Lead Economist, Oxford Economics
Amy McAlister is a Lead Economist at Oxford Economics in the EMEA macro consulting team and is based in Dubai. She is engaged in a variety of bespoke consultancy projects, including the creation of large-scale models and scenarios. She focuses on business in the Middle East, particularly on the macroeconomic outlook at forecast for the economy of Saudi Arabia. Amy has a range of experience managing projects for clients, with a specific focus on the UAE and KSA, including several customised macroeconomic models for government agencies.