RIYADH: Saudi Arabia’s CMF Select has successfully concluded its inaugural international market event, hosted at the London Stock Exchange.
The gathering marked a key milestone for CMF Select, an initiative under the Saudi Tadawul Group, according to a press release.
The event aimed to strengthen strategic partnerships between the Kingdom and global markets.
Organized by CMF Select, the event attracted more than 245 influential participants, including industry experts and investors from the UK, Saudi Arabia, and other international markets.
CMF Select is a targeted series of events under the CMF umbrella, focusing on specialized topics that are relevant to Saudi Arabia and its global partners.
Sarah Al-Suhaimi, chairperson of the Saudi Tadawul Group, said: “Today’s event is another step towards fostering strategic ties with international capital markets.”
She highlighted that the event “has strengthened the relationship between Saudi Arabia and the United Kingdom, facilitating growth opportunities, and setting the stage for enhanced cross-border investment across both capital markets.”
The chairperson added: “We are keen to continue this journey as CMF expands globally, creating new pathways for innovation in capital markets, and look forward to hosting a full-scale CMF London event in 2026.”
Michael Mainelli, the Lord Mayor of the City of London, saiid the event highlighted the strength of the Saudi-UK partnership, underscoring both countries’ roles as global financial hubs within their regions.
He added: “The dialogue embodied a shared vision for driving growth, connecting capital markets, and unlocking new investment avenues. Together, we are paving the way for more impactful engagement between our financial sectors.”
Discussions throughout the event focused on exploring economic and investment opportunities across a range of sectors, including finance, technology, and sustainable development.
One of the key themes of the event was sustainability and technological innovation – both central to Saudi Arabia’s Vision 2030.
Conversations explored how these areas could be advanced through international investment, with the goal of driving economic growth and resilience in both the Kingdom and the UK.
The press release also revealed that this initiative is part of a broader strategy to position Saudi Arabia as a global financial powerhouse, with the next edition of the event scheduled to take place in Riyadh from Feb. 18-20 2025, bringing together thought leaders and change makers from the world of global finance.
