Reform, liberalization, infrastructure investment and
international borrowing were among the leading topics of discussion
at Euromoney's recent conference. Entitled Saudi Arabia: Financing
the Future, this, the largest international conference of its scale
in the Kingdom to date, took place on May 29-30 at the
Al-Faisaliyah Center in the Olaya district of Riyadh. Euromoney
organized and hosted the event along with co-organizer Council
Saudi Chambers of Commerce and Industry and co-host Saudi Arabian
General Investment Authority.
The conference, which was opened by Prince Salman Bin Abdul Aziz
Al-Saud, the governor of Riyadh, is evidence of a newfound desire
to attract foreign investment and know-how. Through the oil boom of
the 1970s and 1980s there was no need to encourage outside
investment. However, today nearly 60% of...
