HSBC Saudi Arabia recently concluded its 10th annual investor forum in Riyadh. This annual forum aims to introduce a variety of interested investors to companies listed on the Saudi Stock Exchange (Tadawul) as a way to help promote investments in the market. This year’s forum comprised both meetings between the management teams of listed companies and investor representatives, as well as panel discussions with government and market participants. More than 75 investors representing large global and local investment firms held meetings with 34 listed Saudi companies from various sectors of the Saudi financial market, such as banking, petrochemical industries, telecommunications and real estate.
Rajiv Shukla, CEO of HSBC Saudi Arabia, said: “We are delighted to have organized this forum again, one that we have organized for approximately a decade, making us the only investment company to have done so for such period, and marking a clear sign of HSBC Saudi Arabia’s commitment to the market.”
“It is important now, more than ever, to familiarize investors with status and initiatives of the Saudi Stock Exchange and its listed companies, including governance and transparency initiatives. This is especially so after the momentous public offering of Saudi Aramco, that has elicited a well-deserved attention and focus on Saudi Arabia and its market.”
