We were pleased to celebrate 10 years in the Kingdom with our 2015 Saudi Arabia Conference.
Euromoney launched the Saudi Arabia Conference in 2006 and every year the conference has grown from strength to strength and is now firmly established as the biggest and best financial meeting in the Kingdom. The growth of the conference has reflected the growth of the Kingdom’s economy, in job creation, large infrastructure investments and opening up to global capital. The Kingdom has faced many challenges but it has been able to withstand difficult times most notably the global financial crisis. This year has not been an exception. The volatility of the international oil markets has posed many difficult challenges for the Kingdom’s policy makers.
As is tradition H.E. Dr Ibrahim Al-Assaf, Minister of Finance opened the conference and addressed the challenges the low oil prices presents to exporting countries and stated this year’s budget has strong goals with economic plans to counter the impact of the low oil price. He stated that the public budget focuses on development programmes in the private sector and it will continue to support the financial sector.
Mr Mohammed Al-Jadaan, Chairman of the Capital Market Authority who took part in a keynote interview continued with this theme and give us an insight on the role of the CMA, its role in the wider national development strategy, and most importantly the opening of the Saudi stock market to qualified foreign investors. This was presented in more detail by Mr Adel Al-Ghamdi, Chief Executive Officer of the Saudi Stock Exchange, who gave one of the most important presentations in the conference looking at the Saudi Capital Market in 2015 and beyond.
Our keynote international speaker was Jean Lemierre, Chairman of BNP Paribas who gave us a global perspective on Saudi Arabia, the impact of the low oil price on the Eurozone and the current environment in the banking sector.
We were honoured to have many top executives from the leading financial and corporate institutions in the Kingdom including Eng. Ziyad Al-Shiha, President and Chief Executive Officer of the Saudi Electricity Company, Mr Tariq Al-Sudairy, Managing Director and Chief Executive Officer of Jadwa and Dr Yahya Al-Yahya, Chief Executive Officer of Gulf International Bank.
Over the two days we were delighted to have over 1,500 senior level delegates from Saudi Arabia and the global financial community, and had cutting edge discussions from the leading experts on bank strategy, financing environment for Saudi corporates, equity and debt markets, real estate, SMEs and financial innovation and more.
Thank you to all of our sponsors for their continued support and we look forward to coming back in 2016!
For 2016 sponsorship enquiries please contact Mohamed Kharboush on firstname.lastname@example.org or +44 20 7779 8149.
For 2016 speaking enquiries please contact Tara Hosseini on THosseini@euromoneyplc.com or +44 20 7779 8488.