Minister of Finance to Inaugurate Euromoney Saudi Arabia Conference 2018

Global Event Brings the World's Financial Leaders to Riyadh on 2-3 May

  
Minister of Finance to Inaugurate Euromoney Saudi Arabia Conference 2018

Riyadh, Kingdom of Saudi Arabia

H.E. Mr Mohammed Al-Jadaan, Minister of Finance, Kingdom of Saudi Arabia, will open the 13th Euromoney Saudi Arabia Conference on Wednesday 2 May, bringing together hundreds of international banking leaders and senior government officials.

This year’s event will focus on the significant reforms and economic initiatives that are transforming the economy of the Kingdom and the wider region. Experts will provide updates on the restructuring of the Public Investment Fund, the planned IPO programme and programmes to decrease youth unemployment and increase women’s participation in the workforce.

“International interest in Saudi Arabia’s business climate is at an all-time high due to the momentous economic and social changes that are currently sweeping the nation. In addition to major development projects playing an important role, such as the recent inauguration of an entertainment city in Al-Qidiya by King Salman bin Abdulaziz Al Saud, there are also key steps being taken towards achieving the goals of Vision 2030”, said Victoria Behn, Euromoney Conference’s Director of Middle East and Africa.

“This year's Euromoney Conference is taking place two years after the announcement of major economic reforms, and in parallel with the energy market stabilization. The International Monetary Fund has projected real GDP growth of 1.7 percent this year, with many analysts expressing confidence this will accelerate as the full impact of the reforms is felt,” she added.

In addition to H.E. Mr Mohammed Al-Jadaan, Minister of Finance, major speakers providing their perspective at the Conference will include:

  • E. Mr Mohammed Al-Jadaan, Minister of Finance, Kingdom of Saudi Arabia
  • E. Mr Mohammed El-Kuwaiz, Chairman, Capital Market Authority
  • E. Eng Ibrahim Al-Omar, Governor, Saudi Arabian General Investment Authority
  • E. Mr Saleh Al-Rasheed, Governor, Small and Medium Enterprises General Authority (Monsha’at)
  • Fahad A Al-Saif, President, Debt Management Office, Adviser to H.E Minister of Finance, Ministry of Finance, Kingdom of Saudi Arabia
  • E. Dr Fahad AlShathri, Deputy Governor for Research and International Affairs, Saudi Arabian Monetary Authority
  • Abdulaziz AlRasheed, Deputy Minister for Economic Affairs, Ministry of Economy and Planning, Kingdom of Saudi Arabia
  • Eng Khalid Abdullah Al Hussan, Chief Executive Officer, Saudi Stock Exchange (Tadawul)
  • Dr Yasser Assiri, Programme Manager for Radiology and Laboratory Private Sector Participation PSP, Ministry of Health, Kingdom of Saudi Arabia.

Mohammed Kharboush, Director, KSA, UAE and Kuwait, Euromoney Conferences, said: “This year has been a pivotal one for Saudi Arabia, as the scale and potential impact of the Kingdom’s proposed reforms has become clear. In almost every economic area, Saudi Arabia is driving through important initiatives that will have significant implications for the regional and even world economy. We’re very proud to have brought together an extensive agenda featuring experts and senior leaders to discuss these reforms and outline the challenges and opportunities ahead”.

The conference is expected to be attended by 1600 guest, which makes it the most important economic event of its kind in the Kingdom.

International perspectives will be provided with on-stage interviews with senior executives from Citigroup, HSBC, Nikko Asset Management, and BNP Paribas. 

The first day will also feature a major panel discussion on the Saudi and global economy, which will provide an update on the Saudi 2030 Vision and also look at how tensions within the region are stimulating new relationships further afield.

Lead sponsors include AlKhair Capital, Al Rajhi Bank and Al Rajhi Capital, BNP Paribas, Citi, Dar Al Arkan, GIB, HSBC, Jabal Omar, as well as Saudi Arabian bank NCB and its investment division NCB Capital.

Acwa Power is a power sponsor at the conference, and co-sponsors include: Albilad Capital; Amlak International; Global Investment House; Mastercard; and real estate developer RAFAL. Almarai, the Middle East’s largest dairy producer; Bank Muscat; Bayan Credit Bureau; Blominvest Saudi Arabia; and credit rating giants Fitch and Moody’s are all confirmed as associate sponsors.

Colliers International is the exclusive real estate advisory sponsor, and SABIC will host the lunch on day one of the conference. There is a dedicated digital sponsor this year which is Argaam, the online business news service.

Further sponsors include Nova Water as the coffee break sponsor, DirectFN as an e-trading sponsor, Murabaha Capital as fintech sponsor, Edaa, Emirates NBD, Baker & McKenzie Limited Legal Advisors, MEFIC Capital, Omrania, and Walaa as exhibitors at the conference, and the Al Faisaliah Hotel as the hospitality sponsor.

The Euromoney Saudi Arabia Conference 2018 takes place in a new Wednesday to Thursday slot on 2-3 May in Riyadh, Saudi Arabia. For more information on The Euromoney Saudi Arabia Conference, visit:  www.euromoneyconference.com/saudi.html

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About Euromoney

Euromoney Conferences is the leading organiser of financial events in both developed and developing markets for cross-border investment and capital markets. Since the late 1970s, Euromoney Conferences has run events in more than 60 countries with resounding success. Running large-scale conferences in the major financial capitals of the world and in selected Middle Eastern countries – notably Saudi Arabia, Egypt, Lebanon and Kuwait.

Euromoney Conferences is a subsidiary of Euromoney Institutional Investor plc which was founded in 1969, and is listed on the London Stock Exchange.

www.euromoneyconferences.com 

© Press Release 2018

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