GulfBase Live Support
Deutsche Bank today announced the opening of The Saudi Capital Markets Conference in London, United Kingdom. Organized by Deutsche Securities Saudi Arabia (“DSSA”) in coordination with the Capital Market Authority (“CMA”) and the Saudi Stock Exchange (“Tadawul”), the conference is being held at Deutsche Bank’s offices in London on Wednesday and Thursday 27-28 September 2017.
The Conference aims to promote the Saudi Capital Markets as well as highlighting the overall positive investment environment in the Kingdom of Saudi Arabia to global asset managers, in light of the Kingdom’s Vision 2030 and the National Transformation Programme.
Senior Government Representatives and CEOs of leading Saudi Arabian companies will be attending the two-day event, which will see them address a select group of local and international institutional investors in both group and individual meeting formats.
Khalid Al Hussan, CEO of the Tadawul, commented:
“Through our Qualified Foreign Investor (“QFI”) program and other far-ranging market reforms, the Tadawul has made significant progress in improving the investment environment in the Saudi Capital Market and aligning it with international standards and practices to be more attractive for both local and international investors, further consolidating our position as the biggest equities market in the region. The Deutsche Bank conference is an opportunity to deepen our engagement with the international investment community and demonstrate our commitment to maintaining momentum in further enhancing our transparency, high levels of corporate governance, and operational efficiency.”
Tamim Jabr, Chief Executive Officer of DSSA said, “We are proud to be hosting the CMA and Tadawul along with representatives from some of Saudi Arabia’s leading companies at this prestigious event.”
He added, “Saudi Arabia continues to attract global institutional investors driven by the Kingdom’s Vision 2030 initiatives. The CMA and Tadawul have always been pro-active in developing the capital markets by enhancing regulations, upgrading infrastructure, introducing new products and actively engaging with investors and market participants.”
The Saudi Capital Markets Conference is set to attract over 150 representatives of global institutional investors, Saudi Government agencies and corporate entities.
Dubai index struggled to break the recent range of 2,700-2,850 as traders awaited results from Emaar Properties, the bellwether. The Dubai Financial Market General index closed 0.98 per cent lower a
Kuwait stocks trod water on Tuesday as it extended the lackluster performance from start of the week. The All Shares Index inched 1.86 pts lower to 5,101.77 points in largely tame session even as som
The MSM30 index ended lower to close at 4479.62 points, down by 0.53 per cent. MSM Sharia Index closed at 607.28 points, down by 0.41 per cent. Phoenix Power was the most active in terms of volume wh
Times of Oman
The Dubai index eased more than half a per cent on Monday, extending losses for another session, weighed by weakness of Emaar shares. The Abu Dhabi index fell nearly one per cent.
Sultan Ahmed Bin Sulayem, Group Chairman and CEO of global trade enabler DP World, rang the market-opening bell today to celebrate the multi-currency listing on Nasdaq Dubai of four debt listings. Th
The Gulf Today