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Wednesday, 03 July 2024The London-Based BMG Economic Forum is a Great Place to Find Exciting Saudi InvestmentsThe BMG Financial Group’s 17th Economic Forum took place at the London Stock Exchange, under the slogan “Why Saudi Arabia?” Why now?The forum covered the attractive investment prospects in the Kingdom of Saudi Arabia, which attract investors from around the globe.Why London?This significant event earned a spot to take place in London due to:A Place in Global Finance: It is a major hub for worldwide finance, home to the London Stock Exchange, one of the largest and most reputable stock exchanges in the world.A Global Platform for Exhibiting Investment Possibilities: London offers a perfect setting for showcasing Saudi Arabia’s attractive investment potential to global investors.Close Historical Ties: Due to the close historical ties between the United Kingdom and the Kingdom of Saudi Arabia, London is an appropriate location for a meeting intended to boost bilateral collaboration in several disciplines.The BMG Financial Group’s 17th Economic Forum took place at the London Stock Exchange, under the slogan “Why Saudi Arabia?” Why now?The forum covered the attractive investment prospects in the Kingdom of Saudi Arabia, which attract investors from around the globe.Finding Intriguing Investment Opportunities in Saudi Arabia Can Be Found at the BMG Economic Forum in London.Why London?This significant event earned a spot to take place in London due to:A Place in Global Finance: It is a major hub for worldwide finance, home to the London Stock Exchange, one of the largest and most reputable stock exchanges in the world.A Global Platform for Exhibiting Investment Possibilities: London offers a perfect setting for showcasing Saudi Arabia’s attractive investment potential to global investors.Close Historical Ties: Due to the close historical ties between the United Kingdom and the Kingdom of Saudi Arabia, London is an appropriate location for a meeting intended to boost bilateral collaboration in several disciplines.The forum covered the attractive investment prospects in the Kingdom of Saudi Arabia, which attract investors from around the globe.Speakers and AttendeesA select group of professionals and speakers, including Mr. Basil Al-Ghalayini, Chairman of BMG, and Mr. Tom Attenborough from the London Stock Exchange, as well as speakers from a variety of industries, including healthcare, artificial intelligence, and geopolitical developments, participated in the forum.In addition to the attendance of investors, the chiefs of investment funds, and CEOs from both kingdoms and other nations.Topics Forum Mostly AddressesThe forum addressed several significant subjects, such as:Sustainability: Saudi Arabia’s dedication to global sustainability objectives draws capital to green technology and renewable energy initiatives.Mega Projects: Outlining the most recent advancements in the major initiatives carried out by the Kingdom of Saudi Arabia, including the NEOM, Red Sea, and Diriyah Gate projects.Healthcare and Artificial Intelligence: Highlighting the Kingdom of Saudi Arabia’s cutting-edge advancements in the healthcare industry and the contribution of AI to raising the standard of medical treatment.The Private Sector: Stressing the private sector’s critical role in driving economic development in Saudi Arabia and drawing in foreign direct investment.Geopolitical Developments: Discuss the effects of global and regional geopolitical changes on the Saudi economy.Dual Listings: Examining Saudi corporations’ options for dual listing on international stock platforms like the London Stock Exchange.Initial Public Offerings (IPOs) of Hajj and Umrah Companies: an analysis of investment prospects and the function of IPOs in the growth of the Hajj and Umrah industry.BMG Economic Forum ObjectivesThe main goals of the forum were to emphasise economic changes and potential investment possibilities in the Kingdom, particularly in the areas of technology, health care, and the Hajj and Umrah. As well as to increase economic cooperation between the Kingdom of Saudi Arabia and Britain.Chairman of BMG’s Board of Directors, Mr. Basil Al-Ghalayini, emphasised that the forum’s goal is for the organisation to serve as a strategic partner for the government, particularly the Ministry of Investment, in promoting alluring investment prospects in the Kingdom.Al-Ghalayini continued, stating that the event featured major industries and undertakings in Saudi Arabia, such as the Diriyah project, which has commenced operations and residential unit sales.He noted that the institutional transformation of Hajj and Umrah companies was one of the major themes covered by the conference. This would have a big influence on raising the added value of the national economy and boosting the quality of services offered.Additionally, he mentioned that around ten of the forum’s member companies seek to list on a stock exchange.Signed AgreementsThe BMG Financial Group has concluded several strategic partnerships, such as memorandums of understanding and agreements designating the group as an advisor and regulator of listing activities in the market, resulting in notable accomplishments.These partnerships demonstrate BMG’s unwavering dedication to fostering investments and advancing businesses’ institutional change.A key project in the sector of logistics services, the construction of an airport specifically for air cargo, was one of the most notable investment possibilities recently inked.The objective of this airport is to offer supplementary services to one of the busiest airports globally, Heathrow Airport.Conclusively, this forum signifies a significant turning point in the advancement of economic ties between the Kingdom of Saudi Arabia and the United Kingdom, and it gives many opportunities for collaboration and reciprocal investment between the two nations.With the help of this forum, we hope to improve the Kingdom of Saudi Arabia’s standing as a top location for foreign direct investments and draw in more of them, which will help the Saudi economy grow and diversify.Furthermore, the event offers an excellent chance to expand collaboration in some areas between the two nations, enhancing the flow of information and experiences and assisting in the realisation of sustainable development.Regarding the intended outcomes, we anticipate that this event will support economic expansion and increase job prospects for young Saudis, so promoting greater advancement and prosperity for both nations.

Wednesday, 05 July 2023\Market open 5th July 2023https://youtu.be/AwN_mH3mFt0Opening Remarks Tom Attenborough Head of International Business Development LSEhttps://youtu.be/hEQMauA_Cc4Panel 1: Geopolitical Developments Affecting Investment Decisionshttps://youtu.be/BpS9t_h_OnoKeynote: Expo 2030: Why Riyadh?https://youtu.be/-dRE9IUNHUPanel 2: Cultural & Heritage Investmentshttps://youtu.be/RwT07t5Tbe4Panel 3: Sustainable Initiatives for the Saudi Markethttps://youtu.be/vlUn5-L3QtQPanel 4: What Makes a Family IPO Successfulhttps://youtu.be/vbhDXuHqgBUPanel 5: Investments in Aerospace and Cyber Securityhttps://youtu.be/TcZWE_k_JyIPanel 6: Supporting KSA Companies with their Capital Raising Ambitions on the LSEhttps://youtu.be/m10rEL49XwwPanel 7: New Investment Trendshttps://youtu.be/USVVbBLHPYEMomentoes Award Ceremonyhttps://youtu.be/iHlxqpDwAYc

Tuesday, 26 July 2022Saudi Arabia shines as global investment darling at BMG Economic Forum Investors and experts from across Saudi Arabia, the UK and Europe gathered at the BMG Economic Forum’s annual meeting at the London Stock Exchange on Tuesday to highlight key investment and cooperation opportunities with the Kingdom. The conference, part of BMG’s Annual Summer Retreat, shone a light on multiple topics for investors including geopolitics, dual listings, key growth sectors, small and medium enterprises, and the future of fintech.“We chose the London Stock Exchange to host our forum because it is the oldest exchange in the world, which will help to broaden our message and reach global investors to promote the promising inward investments into the Kingdom,” Basil Al-Ghalayini, CEO of BMG Financial Group, said in his opening remarks. The event sought to complement the BMG group’s objective of “creating unique relationships with its clients through collaboration and partnerships (and) educate the business community it serves beyond revenues and bottom lines,” Al-Ghalayini added. The annual gathering brings together government officials, decision-makers, and global investors. It is a platform to discuss and explore the latest investment opportunities in Saudi Arabia and guide international companies wishing to expand their presence in the Kingdom. “The Saudi government is having a clear investment agenda when it comes to real estate. It is very important to engage with the British investors and to increase the awareness about the potential of Saudi overall and the opportunities we have within the Saudi economy,” Mohammad Shahin, group CFO at Al-Shair Group.Among this year’s prominent speakers were Dr. Nabeel Koshak, CEO and board member of Saudi Venture Capital Company; Abdulaziz Al-Ghifaili, UK international office director for the Ministry of Investment, and Tom Attenborough, the head of International Development at the London Stock Exchange Group. The forum, titled “Investing for sustainable growth: The Saudi opportunity now and beyond” comes at a crucial moment for Saudi Arabia as it promotes the Kingdom’s 2030 Vision — with Crown Prince Mohammed bin Salman just announcing his designs for The Line, one of several mega-projects now underway as part of the country’s economic diversification plan. “The crown prince has a vision, and that is Vision 2030, to open up to the world, to tourists. This means the Kingdom is building a lot of hotels and resorts and (I’ve recently been) speaking to hundreds of restaurants which have been opening every month in Saudi Arabia,” Vittorio Rocchi, CEO at Sitaf Foods. “So for us, it is a great opportunity to grow our family business,” he added, emphasizing how strategic it has been for them to list with Saudi Arabia’s Nomu market. One of the panels, moderated by Arab News’ Tarek Ali Ahmad, the head of the newspaper’s Research and Studies Unit and its media editor, saw Cevdet Caner, CEO of Aggregate Holdings, and Mahfuz Rahman, partner of BMG Europe, discussing recent geopolitical developments affecting asset allocation models in Europe and around the world. “Supply chain, inflation and the Russia-Ukraine conflict have impacted markets and created volatility,” Rahman said during the panel. “But opportunities are there, they are just more sector oriented.” Caner, however, saw advantages from market downfalls, stating: “I think maybe I’m more bullish than bearish, but I think a lot of investors would dream of making an even bigger killing and wait for the markets to go down further.” The forum continued with Zahara Malik, CEO and co-founder of asset management company Grosvenor Capital, and Attenborough of the LSE, discussing the opportunity for dual listings of companies operating globally. Attenborough said the number of institutional investors in LSE’s listed shares, who also invest in Saudi Arabia, was “growing year by year.” However, these investors are still only 200 compared to the 3,800 institutional investors in London overall. Dual listings represent a “huge opportunity for companies to expand their international investor base” he said. Source Arab News One of the panels, moderated by Arab News’ Tarek Ali Ahmad, the head of the newspaper’s Research and Studies Unit and its media editor, saw Cevdet Caner, CEO of Aggregate Holdings, and Mahfuz Rahman, partner of BMG Europe, discussing recent geopolitical developments affecting asset allocation models in Europe and around the world. “Supply chain, inflation and the Russia-Ukraine conflict have impacted markets and created volatility,” Rahman said during the panel. “But opportunities are there, they are just more sector oriented.” Caner, however, saw advantages from market downfalls, stating: “I think maybe I’m more bullish than bearish, but I think a lot of investors would dream of making an even bigger killing and wait for the markets to go down further.”The forum continued with Zahara Malik, CEO and co-founder of asset management company Grosvenor Capital, and Attenborough of the LSE, discussing the opportunity for dual listings of companies operating globally. Attenborough said the number of institutional investors in LSE’s listed shares, who also invest in Saudi Arabia, was “growing year by year.” However, these investors are still only 200 compared to the 3,800 institutional investors in London overall. Dual listings represent a “huge opportunity for companies to expand their international investor base” he said. Source Arab News