RIYADH: Top financial minds and decision-makers will gather in Riyadh for the Saudi Capital Market Forum to discuss market evolution, investment strategies, and regulatory developments.
Following the success of two previous editions, Saudi Tadawul Group has announced the upcoming edition of the forum scheduled to take place on Feb. 19-20.
To be held under the patronage of Minister of Finance Mohammed bin Abdullah Al-Jadaan, who is also chairman of the Financial Sector Development Program
Committee, the discussions will center around the theme of “Powering Growth,” according to a press release.
“As a key player in Saudi Arabia's financial sector, Saudi Tadawul Group plays a major role in developing the Saudi capital market and supporting economic transformation,” said Khalid bin Abdullah Al-Hussan, CEO of Saudi Tadawul Group.
He added that the SCMF fosters connections from the East to the West, creating new growth opportunities.
Al-Hussan further said that, in this edition, the forum will host issuers, investors, policymakers, and capital market institutions for insightful dialogues that will catalyze the Kingdom’s transition toward a more innovative and sustainable future.
The SCMF will conclude with the announcement of the 2023 Saudi Capital Market Awards, recognizing market participants who have played a pivotal role in advancing the Kingdom’s capital market across 17 different categories. These categories encompass distinctions such as the IPO – initial public offering – of the Year 2023 and Broker of the Year.
The second edition of the SCMF saw a total of 13 deals and partnerships being forged during the two-day event, which also featured numerous informative panel discussions and presentations.
The event brought together over 2,000 issuers, investors, and market participants for two days of dialogue focused on advancing regional capital markets.
The last edition featured notable agreements, including a memorandum of understanding between Saudi Tadawul Group and Clarity AI, an artificial intelligence-powered platform facilitating assessment and reporting for businesses.
The partnership aimed to explore creating a data management and investor platform for users in the region and beyond.
Further agreements included three MoUs signed by Saudi Tadawul Group with the Singapore, Egypt, and Qatar exchanges.
Additionally, SNB Capital inked a deal with Goldman Sachs Academy, and Saudi Venture Capital and Saudi Exchange entered into another agreement.
