The Saudi Capital Market Forum’s third edition has commenced in Riyadh with the theme ‘Powering Growth’. The event, orchestrated by the Saudi Tadawul Group, began its proceedings today with the support of the Minister of Finance and Chairman of the Financial Sector Development Program, Mohammed bin Abdullah Al-Jadaan.
In a session titled ‘The Greatest Success Story of the 21st Century’, Minister Al-Jadaan highlighted Saudi Arabia’s active engagement in international economic cooperatives such as the G20, the International Monetary Fund, and the World Bank. His emphasis was on fostering global economic partnerships and contributing to the worldwide economic landscape.
Al-Jadaan also pointed out the resilience of the Kingdom’s economy, which has weathered numerous financial storms, achieving an A+ credit rating with a stable or optimistic projection. He noted the concerted efforts between the government, the private sector, and various stakeholders that have been pivotal in maintaining economic stability.
The forum aims to illuminate a spectrum of issues, ranging from the progression of the market, innovative investment strategies, to the latest regulatory trends. These discussions are indicative of Saudi Arabia’s dedication to diversifying its economy and playing a strategic role in the dynamic world of finance.