24 January 2017
Deloitte in collaboration with Amwal Advisory Corp. hosted a 3-day conference in Dubai discussing investment portfolio management and valuations with one of the world’s leading experts, Professor Aswath Damodaran.
More than 83 attendees, representing 46 companies listened to the Professor share his insights and expertise of valuation techniques and applications including:
· Commonly used valuation techniques including the Discounted Cash Flow Model and market multiples;
· Valuation issues relating to control and synergies;
· Assessing future opportunities using option valuation techniques, such as patents and natural resources; and
· Assessing risk relating to small size and illiquidity in the region.
“Your choice of valuation techniques should be based on the information available and purpose of your decision, rather than the results. In any case, different valuation techniques should provide same/similar results” emphasised Professor Damodaran.
“The insights Professor Damodaran provided on different valuation techniques and how to avoid common pitfalls were a true privilege,” said Ben Moore, Partner, Valuations and Business Modelling, Deloitte Financial Advisory, Middle East.
“The conference was very well-attended from the GCC, with delegates from Egypt, Jordan, Syria, South Africa and Germany attending. We take pride in bringing this world class educational event to Dubai and look forward to more of these events in the future”, said Nazem Basha, Chairman and CEO of Amwal Advisory Corp.”
About Deloitte:Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited, a UK private company limited by guarantee (“DTTL”), its network of member firms, and their related entities. DTTL and each of its member firms are legally separate and independent entities. DTTL (also referred to as “Deloitte Global”) does not provide services to clients. Please see www.deloitte.com/about for a more detailed description of DTTL and its member firms.
Deloitte provides audit, consulting, financial advisory, risk management, tax and related services to public and private clients spanning multiple industries. With a globally connected network of member firms in more than 150 countries and territories, Deloitte brings world-class capabilities and high-quality service to clients, delivering the insights they need to address their most complex business challenges. Deloitte’s more than 220,000 professionals are committed to making an impact that matters.
About Deloitte & Touche (M.E.):Deloitte & Touche (M.E.) is a member firm of Deloitte Touche Tohmatsu Limited (DTTL) and is a leading professional services firm established in the Middle East region with uninterrupted presence since 1926.
Deloitte provides audit, tax, consulting, and financial advisory services through 26 offices in 15 countries with more than 3,300 partners, directors and staff. It is a Tier 1 Tax advisor in the GCC region since 2010 (according to the International Tax Review World Tax Rankings). It has also received numerous awards in the last few years which include best employer in the Middle East, best consulting firm, the Middle East Training & Development Excellence Award by the Institute of Chartered Accountants in England and Wales (ICAEW), as well as the best CSR integrated organization.
© Press Release 2017