Two-day Financial Sector Conference kicks off in Riyadh

The Financial Sector Conference, a two-day event that is part of the Vision 2030 Financial Sector Development Program, kicked off Wednesday in the Saudi capital Riyadh. It aims to encourage dialogue between stakeholders in the Saudi financial sector.

The two-day conference, which takes place April 24 and 25, brings together global financial sector leaders and representatives from leading institutions, and aims to become the most prominent local and regional financial sector event.

“It seeks to increase the Saudi financial sector’s contribution to GDP by building a diversified and stable financial sector and developing a sophisticated financial market, through inviting all concerned stakeholders in the Saudi financial sector to participate in a constructive dialogue,” according to theconference website.

The event is a joint initiative by the Kingdom’s Ministry of Finance, Saudi Arabian Monetary Authority, and the Saudi Capital Market Authority – as they are the three sponsors of the Financial Sector Development Program.

“It aims to bolster the Kingdom’s international position as the largest financial market in the Middle East and open the door for several investment opportunities as outlined by Vision 2030,” the website says.