MENA Summit 2018

MENA Summit 2018

Program


Tuesday, February 6, 2018

Tue 2/6
3:00 pm - 5:00 pm

The Future of Health in the UAE (Invite only)

This intimate private discussion among regional and international health leaders will explore strategies for the UAE to assume a leadership role in prevention/wellness, care/treatment, and research/cure. Specific areas of focus will include big data, genomics, precision health and medicine, chronic disease, healthcare delivery and medical tourism.

Wednesday, February 7, 2018

Wed 2/7
7:00 am - 6:00 pm

MENA Summit Registration

Wed 2/7
8:30 am - 10:00 am

U.S. Policy: 2018 Outlook (Invite only)

With the first year of the Trump administration complete, the focus now shifts to 2018. The potential impacts of tax reform and the upcoming mid-term elections on policymaking in Washington remain uncertain, while international events continue to present significant concerns for those conducting U.S. foreign policy. Join us for a discussion about the opportunities and challenges present in the U.S. policy outlook for 2018 and beyond.

Wed 2/7
9:00 am - 10:30 am

Accelerating Education Investment and Job Creation in MENA (Invite only)

The Middle East and North Africa region has taken great strides in education. Yet 27 percent of young adults in the region remain unemployed. In a region in which youth is a hugely significant proportion of the workforce, representing a total of 200 million young people across the MENA region, and with 65% of the population under 25, this issue is of utmost importance. Exacerbating this situation, the continued growth in the youth population will create increased demand for educational services at all levels and will place immense pressure on existing educational institutions. This session will address several challenges facing the education industry, from prioritizing investment, to the advancement of STEM in K-12 and higher-ed, combating brain drain throughout the region, and fostering local job markets, with the aim of finding ways to turn this rising tide of young people into an engine growth for the region.

Wed 2/7
10:00 am - 11:00 am

Capital Markets and the Future of Cash (Invite only)

This senior roundtable will discuss the macroeconomic benefits and risks of moving to a cashless economy; the underlying value, if any, and regulatory issues surrounding cryptocurrencies/ICOs as an asset class; and the opportunity for blockchain type solutions to bring greater efficiency and cost reduction to local and regional capital markets.

Discussion topics will include:

  • How can moving to a cashless economy improve economic policymaking? What are the drawbacks? How can the transition be managed effectively?
  • Are cryptocurrencies a viable asset class for institutional and other investors? What are the opportunities and risks and how can they be quantified? What are the opportunities for investors to use cryptocurrencies to express underlying views?
  • What is the potential for blockchain technologies to improve the strength, efficiency, and transparency of capital markets?

Wed 2/7
11:00 am - 11:45 am

Investing in Arts and Culture (Invite only)

The presence of art, and the infrastructure around it, not only enhances a city's cultural appeal to tourism, but also catalyzes the economic development opportunities surrounding it. From the Guggenheim Museum in Bilbao Spain, which brought growth and prestige to a city in decline, to the phenomenon of Art Basel, which has played a key role in positioning Miami as a world-class city, pumping over $500 million into the economy for a one week art fair, the impact of investing in art has been evidenced around the world.

With the burgeoning art scene in the United Arab Emirates, reflected in the numerous boutique galleries and the establishment of the Louvre Abu Dhabi, this private, off-the-record session will discuss how the cultural landscape of the MENA region is primed to benefit from this growth strategy.

Wed 2/7
11:00 am - 1:00 pm

Prioritizing Precision, Prevention, and Innovation in Healthcare (Invite only)

The MENA region presents a juxtaposition of health challenges, necessitating the development of localized healthcare that addresses demographic realities, unique disease burdens, and socio-economic realities. Though the challenges may vary, the importance of driving innovation throughout delivery systems, investing in new technologies, prioritizing prevention, and supporting precision approaches to healthcare are universal. This interactive session will discuss strategies and investment opportunities that can accelerate progress, propel development, and improve health and wellbeing throughout the region.

Wed 2/7
1:30 pm - 3:30 pm

Getting on with Brexit: The Next Critical Steps Private Lunch (Invite only)

With Great Britain scheduled to leave the E.U. on March 29, 2019, talks between the two sides have entered a particularly crucial phase. By October, European officials want deals struck on a Brexit transitional arrangement; legally implementing the Article 50 withdrawal provisionally agreed upon in December; and the framework of the future trade relationship. In this private session, we discuss the United Kingdom's objectives and explore how the future might unfold for the European Union without the U.K.

Wed 2/7
1:30 pm - 3:30 pm

Women in the Workforce Private Lunch (Invite only)

While the past few decades have seen progressive shifts in societal pressures and an uptick in policies that support gender diversity in the world-wide workplace, the participation rate of women in the Middle East's labor force remains relatively low. In an effort to cultivate female talent, especially within senior positions, employers must recognize the unique set of circumstances women face in the MENA region, alongside the ambition of the historically (and globally) disenfranchised gender in navigating traditional ideas and meeting both health and productivity goals of their own.

This session will convene senior female leaders from across the technology, finance, medicine, education, and government sectors in the MENA region to both celebrate the great strides in regional development thus far and discuss strategies for bringing greater balance between career demands alongside health priorities and wellbeing going forward.

Wed 2/7
3:45 pm - 4:30 pm

U.S. Perspectives on a World in Transition | A Conversation with Thomas J. Barrack

Welcome Remarks

Richard Ditizio

President and Chief Operating Officer, Milken Institute

Moderator

Staci Warden

Executive Director, Center for Financial Markets, Milken Institute

Speaker

Thomas Barrack

Executive Chairman, Colony Northstar

Wed 2/7
4:30 pm - 5:30 pm

Global Overview: Priorities in a Changing World

Disruption - whether in technology, markets, economies or politics - is a hallmark of the modern age. These accelerating upheavals call into stark relief the goal of strengthened security, regionally and globally. What can be done to improve security - from public safety to the provision of food, water, and energy? How can the promise of medical breakthroughs and the digital revolution further investments in technology and innovation? How should human capital - the workforce - best be deployed to maximize opportunity and prosperity? Our opening plenary convenes a variety of experts to discuss solutions to these great, shared challenges.

Moderator

Michael Milken

Chairman, Milken Institute

Speakers

His Excellency Waleed Al Mokarrab Al Muhairi

Deputy Group CEO & Chief Executive Officer, Alternative Investments & Infrastructure, Mubadala Investment Company

Mohammed Alshaya, CBE

Executive Chairman, Alshaya Group

Her Excellency Reem bint Ebrahim Al Hashimy

Minister of State for International Cooperation, UAE; Managing Director for Dubai Expo 2020

Patrice Motsepe

Founder and Chairman, African Rainbow Minerals

Wed 2/7
5:45 pm - 7:00 pm

Welcome Reception

Wed 2/7
5:45 pm - 7:00 pm

Senior Regional Leaders Roundtable (Invite only)

In this exclusive, off-the-record gathering, a select group of senior leaders will discuss the most pressing economic challenges and the greatest opportunities on the horizon from both regional and global perspectives. The aim of this invitation-only meeting is to provide an opportunity for guests to hear frank, unfiltered insights from key leaders in business and finance.

Wed 2/7
7:00 pm - 9:00 pm

Dinner Program | Digital Disruption: Breaking All the Trends

Welcome Remarks

Michael Klowden

CEO, Milken Institute

Moderator

Hadley Gamble

Reporter and Anchor, CNBC

Speakers

His Excellency Mohamed Alabbar

Founder and Chairman, Emaar Properties

Cameron Winklevoss

Co-Founder and President, Gemini

Tyler Winklevoss

Co-Founder and CEO, Gemini

Thursday, February 8, 2018

Thu 2/8
7:00 am - 6:00 pm

MENA Summit Registration

Thu 2/8
9:00 am - 9:45 am

Institute Chairman Michael Milken on Securing a More Prosperous Future

Welcome Remarks

Barbara A. Leaf

United States Ambassador to the United Arab Emirates

Introduction By

Michael Klowden

CEO, Milken Institute

Speaker

Michael Milken

Chairman, Milken Institute

Thu 2/8
9:45 am - 10:00 am

Networking Break

Thu 2/8
10:00 am - 11:00 am

Creating a 21st Century Workforce: Entrepreneurship, Apprenticeship and Lifelong Learning

More than 28% of the population of the Middle East is aged between 15 and 29, representing over 108 million young people. The lack of opportunities in the Arab world has been exacerbated by this demographic boom, reflecting an unemployment rate of almost 30% within this population. As technologies continue to advance, and traditional jobs are being eliminated, there remains a pervasive mismatch between the skills required by the evolving job market and those taught in schools.

As the region responds to these changing demographics and job market demands, participants will discuss the increasing need for additional paths to prosperity and economic empowerment, including entrepreneurship, apprenticeship and lifelong learning.

Moderator

Michael Moe

Founder and CEO, GSV

Speakers

Christine Gulbranson

Senior Vice President, Innovation and Entrepreneurship, University of California System

Badr Jafar

CEO, Crescent Enterprises; President, Crescent Petroleum

Maysa Jalbout

CEO, Abdulla Al Ghurair Foundation for Education

Abbas Kazmi

Founding and Managing Partner, Collegiate Capital

Jonathan Sokoloff

Managing Partner, Leonard Green & Partners, L.P.

Thu 2/8
10:00 am - 11:00 am

African Century: Engaging the Continent's Great Opportunities

As the Middle East looks to its neighbors for potential outward investment, the gaze has concertedly turned towards Africa. The adjacent continent is equally nonhomogeneous as the MENA region, with many different industries, prospects, cultures, languages, and peoples to navigate when evaluating the investment landscape. As with any growth opportunity, there are challenges to consider. Investors must assess governance structures, political environments, culture, tradition, and regulatory policies alongside the human capital dividends, growth potential, and promise of these emerging markets.

This session will serve as a roadmap for navigating the African opportunity, sharing examples of international actors who have entered continental markets successfully, alongside regional case studies highlighting best practices and common missteps along the way.

Moderator

Staci Warden

Executive Director, Center for Financial Markets, Milken Institute

Speakers

Clare Akamanzi

CEO, Rwanda Development Board

Joaquim Alberto Chissano

2nd President of Mozambique

His Excellency Salaheddine Mezouar

President, COP 22; Former Minister of Foreign Affairs and Economy and Finance, Morocco

Josh Sandler

CEO and Founder, Lori Systems

Thu 2/8
10:00 am - 11:00 am

Smart Cities and the Future of Urban Infrastructure

Technology has long been the catalyst driving the evolution of infrastructure in global cities. Significant advancements in transportation, infrastructure, energy usage, and connectivity have influenced urban planning and design, affecting how we interact with our surroundings in nearly every capacity. From the evolution of personal passenger cars to the adoption of autonomous taxis, to electronic data collection and more efficient management of resources, this session will discuss the future of the urban areas we live in and advise on how to best navigate potential obstacles and unintended consequences of adopting exponentially advancing technologies.

Moderator

Sultan Sooud Al Qassemi

Director's Fellow, MIT Media Lab; Founder, Barjeel Art Foundation

Speakers

Lukasz Gadowski

Founder, Team Europe; Chairman, Volocopter

Karl Magnus Olsson

Chief Xperience Officer and Co-Founder, Careem

Hamed Zaghw

Chief Executive, AECOM Middle East Ltd.

Thu 2/8
10:00 am - 11:00 am

Global Capital Markets Advisory Council Roundtable (Invite only)

This private, off-the-record roundtable will focus on the business opportunities presented by connecting leading sovereign wealth fund investors and family offices from the region alongside the Milken Institute's Global Capital Markets Advisory Council (GCMAC) discussing issues driving their investment decisions. GCMAC is made up of senior leaders of large funds who represent more than $20 trillion in assets under management. For nearly a decade, the GCMAC has provided CIOs of the world's largest pension funds, endowments, foundations, insurance companies, and sovereign wealth funds with a private, off-the-record forum to discuss the opportunities and challenges facing institutional investors.

Thu 2/8
11:00 am - 11:15 am

Networking Break

Thu 2/8
11:15 am - 12:15 pm

Navigating Investments from Cryptocurrencies to Blockchain

The meteoric increase in value of cryptocurrencies like Bitcoin, Ether and Litecoin - and many others - has ignited a worldwide investment frenzy and frequent double-digit price fluctuations. Such volatility has led many of the preeminent voices in finance, including Jamie Dimon and Warren Buffett, to call Bitcoin a "fraud" and "mirage." And yet the collective market capitalization of Bitcoin and the other Top 10 digital currencies is roughly half a trillion USD. Is Crypto a global Ponzi scheme, the legitimate currency of the future, or something in between?

Welcome Remarks

Staci Warden

Executive Director, Center for Financial Markets, Milken Institute

Moderator

Suna Said

Founder and CEO, Nima Capital LLC

Speakers

Mike Novogratz

CEO, Galaxy Investment Partners

Charles Noyes

Quantitative Researcher, Pantera Capital

Bill Tai

Venture Capitalist; Founder, ACTAI Global

Cameron Winklevoss

Co-Founder and President, Gemini

Tyler Winklevoss

Co-Founder and CEO, Gemini

Thu 2/8
11:15 am - 12:15 pm

Advancing Health Technology and Innovation

Medical students graduating this year have an entirely different vocabulary from their predecessors just a generation ago: precision medicine, gene editing, wearables and implantables, big data and machine learning. Virtually every area of medicine - from prevention to treatment to cure - is in the midst of a revolution as advancing technologies allow greater insights and understanding of human health. This panel will seek to make sense of the current state of health innovation and give a preview to what is possible . . . and what's just on the horizon.

Moderator

Jonathan Simons

President and CEO, Prostate Cancer Foundation; Senior Advisor, Milken Institute

Speakers

Chris Austin

Director, National Center for Advancing Translational Sciences, NIH

Richard Merkin

Founder, Heritage Medical Research Institute; Board Member, FasterCures

Kim Nguyen

Co-Founder and CEO, DeepRadiology

David Spetzler

President and Chief Scientific Officer, Caris Life Sciences

Thu 2/8
11:15 am - 12:15 pm

Modernizing Strategic Philanthropy in MENA (Invite only)

While philanthropy in its broadest sense has been deeply and traditionally embedded in the Middle East for centuries, organized philanthropy is a relatively new concept in the region. At the same time, tracking data and scholarly analysis are playing catchup to an emerging marketplace of social impact ideas and a flurry of philanthropic activity that is happening in real time.

This session will look at local examples of emergent philanthropy, encouraging peer learning and an action-oriented conversation that will serve as a powerful catalyst for the nascent, but dynamic and bourgeoning, philanthropic and social investment sector in MENA.

Thu 2/8
12:15 pm - 12:30 pm

Networking Break

Thu 2/8
12:30 pm - 2:00 pm

Lunch Program | A Conversation with George W. Bush, 43rd President of the United States

Welcome Remarks

Katie O'Reilly

Executive Director, Business and Program Development, Milken Institute

Introduction By

His Excellency Yousef Al Otaiba

Ambassador of the United Arab Emirates to the United States of America

Louise Tabbiner

Senior Advisor, Business and Program Development, Milken Institute

Moderator

Michael Milken

Chairman, Milken Institute

Speaker

George W. Bush

43rd President of the United States; Founder of the George W. Bush Presidential Center

Thu 2/8
2:00 pm - 2:30 pm

Networking Break

Thu 2/8
2:30 pm - 3:30 pm

Urban Farming, Agritech, and Food Security in the Middle East

Despite being gifted with a rich abundance of hydrocarbons and mineral resources, the Middle East and North Africa is an arid region that suffers from water scarcity and food insecurity. As more traditional farming methods may not be immediately transferrable, the region is turning its attention to the growing trend of vertical farming, advancements in agricultural technology, and the burgeoning community of experts aiming to make healthy and affordable food available to all.

This session would bring together local environmental champions, regional agricultural investors, creative international farming models, and food security experts, eager to share scalable strategies and best practices that are uniquely positioned to have greatest impact in the MENA region.

Moderator

Mishaal Al Gergawi

Co-Director, emerge85

Speakers

Matt Barnard

CEO and Co-Founder, Plenty Inc.

Karan A. Chanana

Chairman, Amira Nature Foods Limited

Charlie McNairy

CEO and Chief Investment Officer, International Farming Corporation

Marc Oshima

Co-Founder and Chief Marketing Officer, AeroFarms; Board Co-Chair, Chefs Collaborative

Thu 2/8
2:30 pm - 3:30 pm

Motivating Venture Capital in the Era of MENA Technology and Innovation

The Middle East is an affluent region and home to very sophisticated investors, including sovereign wealth funds, large family offices, and venture capital. Yet, most successful regional startups raise the majority of their funding from international investors. While the ability to raise funds from international investors is validating the quality and maturity of growth and late stage startups in the region, there is insufficient funding available from investors in the home market.

In this panel, we will explore the underlying reasons for this gap and ways to foster a better regional investment ecosystem.

Moderator

Saud Al Nowais

UAE Commercial Attache (Counselor), Embassy of the UAE, Trade & Commercial Office

Speakers

Ron Cao

Founder and Managing Director, Sky9 Capital

Fadi Ghandour

Executive Chairman, Wamda Capital; Co-Founder and Vice Chairman, Aramex

Sumant Mandal

Managing Director, March Capital Partners; Co-Founder, The Hive

Abdulrahman Tarabzouni

CEO and Managing Director, STV

Thu 2/8
2:30 pm - 3:30 pm

Trends Shaping Global Credit Markets

Leading international investors examine issues shaping global credit markets, such as the impact of, and investor response to, recent changes monetary policies, as well as the implications of U.S. tax reform. The discussion is also expected to explore capital structures and credit instruments that are delivering the best risk-adjusted profiles, areas of credit in which idiosyncratic risk is making a return, and how investors view near-term geopolitical events.

Moderator

Tracy Alloway

Executive Editor, Bloomberg Markets

Speakers

Sir Michael Hintze

Founder, Chief Executive and Senior Investment Officer, CQS

Paul Horvath

Group CEO, Orchard Global Capital Group

Steven Shapiro

Partner, GoldenTree Asset Management

David Warren

CEO, Chief Investment Officer and Founding Partner, DW Partners LP

Thu 2/8
3:30 pm - 3:45 pm

Networking Break

Thu 2/8
3:45 pm - 4:45 pm

FDI in MENA: The Role of Capital Markets and Financial Infrastructure

In the era of low oil prices, access to foreign direct investment (FDI) is critical to the region. As the investment disruptions caused by the Arab Spring fade, foreign investment is returning to the MENA region, with a wide array of major projects in the works. This panel will discuss the key role that capital markets and financial infrastructure plays in not only attracting FDI but also creating solutions to the regional challenges.

What industries in MENA are ripe for international investors? What political or reputational risk factors are considered impacts on local development efforts and economic growth?

Moderator

John Burbank

Founder, Chief Investment Officer and Portfolio Manager, Passport Capital

Speakers

Sarah Al Suhaimi

CEO, NCB Capital; Chairperson of the Board of Directors, Tadawul

Miguel Azevedo

Head of Investment Banking, Middle East and Africa, Citigroup

Rayan Fayez

CEO, Savola Group

Rishi Kapoor

Co-CEO, Investcorp Bank

Thu 2/8
3:45 pm - 4:45 pm

Belt and Road Initiative: China's 21st Century Plan for Eurasia

China's One Belt, One Road project - comprising of more than 68 countries, encompassing 4.4 billion people, and up to 40 percent of global GDP - will have major ramifications for countries and economies around the globe, especially those in Eurasia and the Asia-Pacific. Properly assessing the potential risks and volatility in OBOR related projects around the world and in varying economies will be central to its overall success. During this panel, experts will give an overview of the current state of the OBOR Initiative, both in the MENA region and internationally, and some of its potential obstacles.

Moderator

Curtis S. Chin

Asia Fellow, Milken Institute; Former U.S. Ambassador to the Asian Development Bank

Speakers

Mishaal Al Gergawi

Co-Director, emerge85

Karim Al-Wadi

Board Member, Beltway Group (One Belt One Road)

James McCormack

Global Head of Sovereign and Supranational Ratings, Fitch Ratings

V. Shankar

CEO, Gateway Partners

Thu 2/8
3:45 pm - 4:45 pm

The Inclusive Digital Revolution: Making A.I. and Next-Gen Tech Work for Everyone

More than half of humanity is now online in one form or another, highlighting both the dramatic impact of the digital revolution as well as its vast, untapped potential to change lives through advances in A.I., healthcare, and access to capital and information. Where will the next wave of opportunities and challenges present themselves, and how can the ongoing transformation to the way we work, live, thrive and communicate be shared globally?

Moderator

Cyrus Hodes

Founder and Director, AI Initiative; Board Member, Aitheon

Speakers

Iyinoluwa Aboyeji

Co-Founder and CEO, Flutterwave; Co-Founder, Andela

Court Coursey

Managing Partner, TomorrowVentures, LLC

Daniel Goldin

Founder and CEO, KnuEdge; Former NASA Administrator

David Kenny

Senior Vice President IBM Watson and Cloud Platform, IBM

Thu 2/8
4:45 pm - 5:00 pm

Networking Break

Thu 2/8
5:00 pm - 6:00 pm

International Capital Flows: Strategic Investment for Sustainable Growth

Global capital markets closed 2017 with compressed spreads and surging stocks. This is leading the Federal Reserve and other central banks to consider a change in policy and interest rate hikes in reaction to a perceived strengthening global economy. But investors still remain split about the near-term outlook with high-levels of geopolitical risk juxtaposed to placid markets. This panel of experts will discuss some of the most pressing issues facing markets and where they see opportunity.

  • Is this the golden age of private equity with debt markets that are providing favorable rates and high levels of debt?
  • How are credit investors navigating the declining use of covenants?
  • What credit structures and portions of the capital structure are offering the best risk/return profiles for investors?

Moderator

Michael Milken

Chairman, Milken Institute

Speakers

Simon Cooper

CEO, Corporate and Institutional Banking, Standard Chartered

Thomas Finke

Chairman and CEO, Barings

Sir Michael Hintze

Founder, Chief Executive and Senior Investment Officer, CQS

Steven Tananbaum

Founding Partner and Chief Investment Officer, GoldenTree Asset Management

Thu 2/8
6:00 pm - 7:00 pm