The Euromoney Saudi Arabia Conference 2016 took place on the 3-4 May, at Al-Faisaliah hotel in Riyadh. The conference gathered together speakers from the Kingdom’s crème de la crème of policy makers and financial executives with some of the biggest names from the international investment community; Goldman Sachs Asset Management and State Street Global Advisors. They shared their thoughts and perspectives on the Kingdom, and the Saudi Vision 2030.
The 11th Euromoney conference in Riyadh coincided with the Kingdom’s boldest move yet, the National Transformation Programme (NTP) and as the Kingdom defined its new economic, business and financial strategy, Euromoney was there to review and debate the key reforms and opportunities created. Over 1,500 senior level financial and business executives attended from the region and around the world – and they were all united by one aim: to understand the financial opportunities offered by the Saudi market in this time of reform.
We were honoured to continue to co-host this event with our longstanding partner H.E. Dr Ibrahim Al-Assaf, Minister of Finance who gave the opening keynote address. Other government ministers included H.E. Dr Tawfiq Al-Rabiah, Minister of Commerce and Industry, H.E. Dr Muffarrej Al-Haqbani, Minister of Labour and Social Development and H.E. Mr Mohammad Al-Jadaan, Chairman of the Capital Market Authority who all took part in one-to-one interviews live on stage giving an overview of their ministry’s role in the Saudi Vision 2030.
Following on Mr Khalid Al-Hussan, Chief Executive Officer of the Saudi Stock Exchange joined us on stage for a special securities and markets session, taking part in a one-to-one interview.
Our international keynote speakers were Ms Sheila Patel, Chief Executive Officer of International Goldman Sachs Asset Management, Mr Richard F. Lacaille, Global Chief Investment Officer of State Street Global Advisors and Mr Mahmoud Alkooheji, Chief Executive Officer of Mumtalakat, the investment arm of the Kingdom of Bahrain.
The rest of day one followed with various interviews and panel discussions about the Saudi macro economic outlook, asset management and the equity markets.
Day two of the conference started with a special debate on digital finance and the role and effects of financial technology in the KSA and what this means for its banking sector.
This was followed by a one to one interview with investment guru Dr Mark Mobius, Executive Chairman of Templeton Emerging Markets Group. Dr Mobius is one of the earliest and one of the best emerging markets investors. Over a 40-year career he has pioneered the entry of international capital into the world’s emerging markets. In Riyadh he gave his uniquely well-informed and experienced views on investment in the KSA, the region and the state of the global emerging market investment industry as well as the future of oil prices. To watch Dr Mobius’ interview please click here.
We followed on with panel debates and discussed the future of the KSA debt capital markets, real estate and SMEs.
To watch all the conference proceedings, please click here.