September - Focus on the Middle East

Fears of a low turnout as a result of the continuing conflict in Iraq were quelled when more than 600 delegates gathered for one of the most memorable congresses in recent history.

Aside from the feasting, entertainment and trips to numerous ancient ruins, visitors were also rewarded with an insight into one of the world’s fastest-growing emerging markets.

Opportunities for first-movers in the region stem from the growing sophistication of clients and from developments such as Islamic banking

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Mixed forecast for FX

LONDON - Foreign exchange teams will avoid the worst of the job cuts in the City of London, although market sources warn no-one will be immune from redundancies.