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CMF

SELECT 2024:

SAUDI-UK

DIALOGUE

5 NOV
Mansion House, London
(scroll to explore)
  • CMF SELECT

    CMF Select is a series of targeted events held under the umbrella of the broader Capital Markets Forum event series. These events will focus on specialized topics within the capital markets landscape, of specific relevance to Saudi Arabia and participating countries, providing in-depth insights and fostering high-level discussions among industry leaders, experts, and professionals. Designed to complement the Capital Markets Forum, the Select series offers targeted sessions, and networking opportunities.

  • CMF Select :
    Saudi – UK Dialogue

    Co-hosted by Saudi Tadawul Group and His Majesty's Government, this exclusive edition of CMF Select will align with the UK’s "GREAT Futures" initiative. Scheduled to take place in London in November 2024, the event is designed to strengthen the Saudi-UK partnership by offering a premier platform for high-level discussions and strategic networking.

    It will bring together government leaders and key capital markets players from Saudi Arabia and the United Kingdom, focusing on unlocking opportunities and driving growth of both markets.

Agenda
Nov 5 Mansion House, London
8:50AM

Opening Speech

Minister of Finance and Chairman of the Financial Sector Development Program Committee

See them at
February, 18
12:00 AM
1-1 Session with H.E. Mohammed Aljadaan
Biography

H.E. Mohammed bin Abdullah Al-Jadaan is the Minister of Finance, a Board Member of the Public Investment Fund, a Board Member of Saudi Aramco, the Chairman of General Authority of State Real Estate, and has membership in several government entities. He represents the Kingdom of Saudi Arabia in several events around the world, including a Member of the OPEC Ministerial Council for International Development Fund, a Member of the Governor's Board of the International Monetary Fund, heads of the Kingdom's delegation to the meetings of finance ministers and central bank governors of the G20, Governor of the Kingdom at the Asian Infrastructure Investment Bank, a Member of the Governor's Board of the Islamic Development Bank, a Member of the Governor's Board of Arab Financial Institutions, and Member of the Council of Arab Finance Ministers.

H.E Mohammed bin Abdullah Al-Jadaan holds a bachelor's degree in Islamic law focusing on Islamic economics from Imam Mohammed Ibn Saud Islamic University and a diploma in Legal Studies from the Institute of Public Administration in Riyadh.

  • Brief introduction to event’s theme and objectives
  • [Explanation of "The Capital Horizon" as defining the Middle East's increasing importance as a global financial center similar to "the Global South", "BRICs" etc]
  • Increased interconnectedness of global markets and the importance of cross-border collaboration and investment
  • Emphasis on the need for innovation, adaptability, and collaboration
9.00 AM

Opening Speech by the Lord Mayor of the City of London

Speakers
  • Alderman Professor Michael Mainellir, The Rt Hon The Lord Mayor of London, City of London
9.10 AM

Opening Speech by the Chairperson of the Saudi Tadawul Group

Speakers
  • Mrs. Sarah AlSuhaimi, Chairperson, Saudi Tadawul Group
9.20 AM

Keynote Dialogue 1: HMG’s Investment Strategy and Opportunities for UK-KSA Collaboration by the Minister of State for Investment of the United Kingdom

Speakers
  • Mrs. Poppy Gustafsson, Minister of State for Investment of the United Kingdom, HM Treasury
9.35 AM

Keynote Dialogue 2: UK/KSA Financial Services Cooperation.

The Economic Secretary to the Treasury will provide a keynote speech about ongoing cooperation between HM Treasury and the KSA Ministry of Finance on financial services.

Speakers
  • Mrs. Tulip Siddiq, Economic Secretary to the Treasury and City Minister, HM Treasury
9.50 AM

Fireside Chat 1: UK/KSA Financial Services Cooperation

The Economic Secretary to the Treasury will provide a keynote speech about ongoing cooperation between HM Treasury and the KSA Ministry of Finance on financial services.

Speakers
  • Mrs. Tulip Siddiq, Economic Secretary to the Treasury and City Minister, HM Treasury
9.55 AM

Fireside Chat: Global Standards: Enhancing Saudi-UK Capital Market Integration

His Excellency Capital Market Authority Chairman of Saudi Arabia will discuss the regulatory frameworks established by the CMA and its UK counterpart to ensure transparency, integrity, and investor protection within capital markets.

Speakers
  • H.E. Mohammed Elkuwaiz, Chairman, Capital Market Authority of Saudi Arabia
Moderator
  • Mr. Mohammed Islam, Host & Founder, The Mo Show
10.15 AM

Panel 1: Unleashing Capital Market Potential

Discussing the diversity of investment opportunities such as fixed income, cross-listings, and the growth of the Saudi Exchange

Discussing the latest trends shaping global capital markets, including digital transformation, ESG investing, and regulatory developments

Identify opportunities for cross-border collaboration, potential investment sectors, and strategies for facilitating international capital flows and market integration.

Speakers
  • Mr. Charlie Walker, Deputy Chief Executive Officer, London Stock Exchange
  • Mr. Lee Hodgkinson, Group Chief Strategy Officer, Saudi Tadawul Group
  • Mr. Faris AlGhannam, Chief Executive Officer, HSBC Saudi Arabia
Moderator
  • Mrs. Nicola Watkinson, Managing Director - International Team, TheCityUK
12.00 PM

Panel 2: New Horizons: How the Investment Landscape is Evolving

Discuss strategic initiatives and progress made by KSA organizations represented on the panel in diversifying KSA’s economy, with a focus on specific investment and projects.

The importance of a global approach to investment.

Investment opportunities in both the UK and KSA, including opportunities for UK/KSA companies and businesses to work together to promote growth in both jurisdictions.

Speakers
  • Mr. Abdulaziz AlAjaji, Regional Co-Head MENA & Chief Executive Officer, Morgan Stanley Saudi Arabia
  • Dr. Abdullah AlShwer, Chief Executive Officer, Riyad Capital
  • Mr. Tim Reid, Chief Executive Officer, UK Export Finance
Moderator
  • Mrs. Sallianne Taylor, Head of Government Affairs - EMEA, , Bloomberg
12.45 PM

Panel 3: Integrating Sustainability into the Financial Services Sector: Opportunities and Risks for Investment and Regulation

Overview of the UK and KSA’s approach to sustainable finance (from a regulation and investment perspective).

The role of the UK and KSA in the global sustainability effort.

Opportunities for UK/KSA collaboration on sustainable finance.

Speakers
  • Mr. Abdulaziz AlOnaizan, Chief Executive Officer, Bank AlBilad
  • Mrs. Vanessa Havard-Williams, Chairperson, The Transition Finance Market Review
  • Ms. Dana Barsky, Global Head of Sustainability Strategy & Net Zero, Standard Chartered
Moderator
  • Mr. Jack Knight, Deputy CEO, Investment Association
9:00 AM

Sprint 1: Global economic outlook: Evolving Global Dynamics and Economic Shifts

Globalisation and geoeconomics drove macro-economics for decades, but further shocks to the system drive the geopolitical balance higher in the world view. In an era of sluggish growth (rate cuts, inflation, US elections) many have a cautiously optimistic view. What is the latest economic outlook globally, and what are the different regional influences driving the global economy?

9:15 AM

Sprint 2: Middle East economic outlook: Regional Growth, Economic Diversification, and Driving FDI

The IMF predicted growth for the region, and growth expectations in the region outpace those of all other regions. With major reforms and projects still pressing ahead, we are seeing the impacts of non-oil reliance progressing further. This is a deep dive into regional economics and in particular Saudi dynamics with growth seen across consumption, travel, tourism and hospitality. How does that help drive FDI and further growth to progress the agenda towards 2030?

9:30 AM

Sprint 3: Economic Express

Quickfire Q&A, most voted questions during previous 2 sessions put to the economists.

9:45 AM

KAFD in Focus: Building a financial ecosystem through the Power of Connections

An exclusive fireside chat which unveils the latest milestones in KAFD’s transformative journey. Discover the nexus between urban development, economic diversification, and strategic connections and how they are shaping a financial center of the future.

10:00 AM

Fireside Chat 1: Saudi Arabia's Economic Horizon: Beyond Growth on the International Stage

As the Kingdom's economy continues to reach and surpass key milestones—(trillion-dollar economic standing, non-oil activities half of GDP, investment projected to rise to 28% of GDP by 2030, and economists predicting stronger FDI inflows)—the messages seem to say there is still much more to come on the horizon. With significant strides in tourism and events like Expo 2030 and the FIFA World Cup 2034 confirmed, how does the Kingdom envision its position on the international stage, and what more opportunities do we see for it ahead?

10.20 AM

Panel 1: The Proliferation of Potential: Where to Invest in a Multipolar World

Analyzing macroeconomic factors influencing investment landscapes

Understanding the impact of geopolitical shifts on global investments

Balancing risks and rewards in emerging economies

11:00 AM

Panel 2: Redefining Capital Markets: Navigating Change in a New Economic Landscape

Macroeconomic dynamics are increasingly shaped by factors beyond traditional economic measures. In this new era of change, investor demand is shifting towards considerations that extend beyond just financial performance. Are capital markets charting a new course? As questions about where and how to invest become more pressing, this session will explore the future of capital markets, and the significance of diversification and investment strategies, highlighting the necessity of foresight and strategic thinking.

11:55 AM

Panel 3: Capital Markets 3.0: A Global CEO Perspective

Strategies for enhancing market resilience and risk management against global shocks

The role of exchanges in promoting ESG standards and sustainable finance

Market integration, collaboration and the opportunity to improve global market connectivity

The efforts to align regulatory frameworks across different markets

12:35 AM

Panel 4: From Desert to Dynamo: The Middle East's Capital Market Transformation

Exploring the future of GCC markets and their role in attracting foreign direct investment (FDI) to stimulate international demand. As global supply chain strategies are evolving and investor demand is changing collaboration between and within regional blocs can help create opportunities.

Closer collaboration on areas such as cross-listings

Competitive strengths and common values

Trends: what are investors focused on

Global headwinds and its effect on the region

Embracing sustainability in the transition to a post-oil economy

2:10 PM

Panel 5: Navigating Opportunities in an Evolving Landscape

Explore the latest strategies and diversification trends shaping the industry, and delve into how technology is revolutionizing the sector. The panel will analyze shifting client preferences and behaviors, highlighting how Asset Management firms can adapt to meet the needs of tomorrow’s investors. How can the Power of Collaboration create potential synergies between firms to enhance offerings and drive innovation in an increasingly competitive market.

2:40 PM

Fireside 2: Innovating for a Sustainable Future

Exploring the role of a company as a leader in the global chemicals and materials industry and the Power of connections. Focus on innovation, sustainability, and the company's strategic vision as well as discussing the evolving role of the chemical industry in a changing global economy and to explore the future outlook for the company and the chemicals sector.

2:55 PM

Focus Panel 1

To be confirmed.

3:25 PM

Debate Session: Do We Need Fewer Stock Exchanges in the World?

Would centralization regionally or globally facilitate international investment?

Fewer stock exchanges would mean more liquidity but more risk. What’s more important?

Would the standardized trading practices and regulations that centralized stock exchanges could offer be better for investors?

How could local and smaller economies compete if their exchanges were consolidated?

3:50 PM

Panel 6: Data driving Capital Markets: Monetizing Insights and the Future of data in Shaping Capital Markets

Sell-side entities, including investment banks and brokerages, generate valuable proprietary data from market analysis, trading, and client interactions, offering insights into market trends, consumer behaviour, and economic indicators. However, monetizing this data presents challenges, particularly due to regulatory constraints around data privacy and security. Firms must comply with these regulations while investing in advanced analytics infrastructure to manage large volumes of data. On the buy-side, firms leverage this data to gain competitive insights and enhance investment strategies. Meanwhile, infrastructure companies such as stock exchanges and clearinghouses also play a significant role in data monetization, using their vast transactional data to provide services like predictive analytics and risk management solutions. With the rapid advancements in AI and the increasing importance of data-driven solutions, this session will explore the future of data in capital markets. Can we envision a world where data-backed solutions become central to capital market development?

4:30 PM

Focus Panel 2

To be confirmed.

4:50 PM

Panel 7: ESG at the Crossroads of ESG: Navigating Commitments and Future Investment Strategies

ESG issues have gained significant traction in recent years, although some have questioned whether momentum has waned. Many investors now factor ESG considerations into their investment decision-making processes, with a notable portion of global investors viewing ESG as central to their strategies while others integrate it into their overall approach. Amid various economic transformations, countries like the UAE and Saudi Arabia have made ambitious commitments to sustainability, with Saudi Arabia aiming for net zero by 2060 and targeting 50% renewable energy in its energy mix by 2030. As part of the Saudi Green Initiative, the Kingdom has established a 2030 emissions-reduction target, underscoring its commitment to global climate goals. In response to these initiatives, MENA stock exchanges and governments are actively promoting ESG adoption, while private sector companies are increasingly issuing sustainable debt instruments, such as bonds and sukuk. These instruments not only attract investments but also foster sustainable development in alignment with both national and international sustainability targets.