HafeziCapital developed a weeklong seminar aimed at the Mongolian Miners Resource Authority
HafeziCapital had the pleasure of hosting the Mongolian Miners Resource Authority at its World Headquarters in Tysons Corner, Virginia. HafeziCapital’s week long seminar centered around the business of mining, supply chain management issues, best business practices in mining and potential IPO selection process in the United States, Europe and Asia. The program was designed to bridge the gap between the United States and the up and coming “Wolf” economy of Mongolia. HafeziCapital has been very active in Mongolia and has been working with various governmental agencies, institutions, and non-profits to establish stronger business ties. The seminars are conducted on a monthly basis focusing on a different industry every month. Participants obtain a better understanding of the best business practices within their specific field. The Mongolian Miners Resource Authority the leading department within the Mongolian government focusing on Mining rights and development of laws that concern the mining industry. HafeziCapital has worked with and looks forward to a long term relationship and developing regional partnerships with the organization.
Mongolia is presently one of the most dynamic economies in the world with a rapid pace of growth, expanding by 16.7% (YOY) in the first quarter of 2012 (World Bank). The demand levels are two fold, namely heavy government spending coupled with a growth in the private sector fueled by Commodity exports. The Mongolian growth story is being led by the service sectors, in particular wholesale and retail trade which expanded by 51 percent year-over-year in the First Quarter of 2012. The Mongolian Stock Exchange (MSE) has been the best performing stock exchange in the World in 2010, having increased by 121%. In 2011 it was the second best performer having increased by 57.8%. HafeziCapital International Consulting has actively strengthened its position in Mongolia by helping US firms enter the Mongolian market, and helping Mongolian firms in product acquisition and expansion into the United States. HafeziCapital has advised CEO’s of Mongolian companies on possible secondary stock offerings or IPO’s in Hong Kong as well as Singapore. To this extent HafeziCapital is proud to further strengthen the relationships between the Wolf economy and the World.