TAG-Org and Damascus Chamber of Commerce Organize Seminar on Business Valuation and Due Diligence

Talal Abu-Ghazaleh Organization (TAG-Org) and the Damascus Chamber of Commerce jointly organize a seminar entitled ?Business Valuation and Due Diligence? for financial managers, auditors, accountants and legal consultants


DAMASCUS --- June 2, 2008 --- The Talal Abu-Ghazaleh Organization (TAG-Org) and the Damascus Chamber of Commerce held a seminar today entitled ?Business Valuation and Due Diligence?, in which financial managers, auditors, accountants and legal consultants from both the public and private sectors participated.

The seminar was inaugurated by Dr. Mohammed Al-Shalah, President of the Federation of the Syrian Chambers of Commerce and Mr. Talal Abu-Ghazaleh, Chairman of TAG-Org.

Dr. Al-Shalah urged the attendees to utilize and benefit from the information that would be presented especially since ?we live in an ever-changing world that demands adapting to new variables constantly,? according to Al-Shalah.

He also focused on the significance of financial transparency and disclosure in institutions and companies and its positive effect in building a sound economic structure.

Al-Shalah further expressed his gratitude and appreciation of TAG-Org?s role and its services that contribute to the economic and social development in Arab countries, while praising Mr. Abu-Ghazaleh?s efforts and dominating presence within the international arena.

Mr. Abu-Ghazaleh presented a brief about his vision concerning the upcoming economic phase in the Arab region and the unprecedented boom the Arab countries will be witnessing which he referred to as ?the revolution of fortune?.

He also called for taking benefit from enormous monetary surpluses that will be generated in the coming few years stating that the oil and non-oil Arab countries will benefit from these surpluses where prosperity will overwhelm, while, a geo-economic region that includes the Arab countries, India, China, Turkey and Iran will be formed.

TAG-Org professionals explained the significance of business evaluation methods and financial investigation in the accounting, legal, procedural and investment aspects.