12thAnnual Saudi Trade Finance Summit
12thAnnual Saudi Trade Finance Summit
12thAnnual Saudi Trade Finance Summit
The value of Saudi Arabia’s international trade posted a new record with an annual increase of 48.5 percent after its volume reaching SR516 billion in the first quarter of 2022. The trade surplus jumped to SAR 90.27 billion in May of 2022, compared to SAR 34.37 billion a year earlier.
Government, regulators, corporates, tech-providers, and financial institutions are all working towards the Vision 2030 goal of diversifying the Saudi economy. The Saudi Trade Finance Summit (STF) augments the FSDP objectives under Vision 2030 of achieving financial diversity, inclusiveness and development of the private sector by strengthening the Kingdom’s trade with international markets, thereby serving as an enabler in raising the share of the country’s non-oil exports in the non-oil GDP from 16% to 50% by 2030.
In the 10th year of the Saudi Trade Finance Summit, the summit strives to support Saudi Arabia’s export development vision by bringing 350+ stakeholders to advance the Kingdom’s international trade and investments by promoting non-oil exports to new markets’, improve the efficiency of the trading environment as well as strengthen its position as a regional and global business hub.
Further, the summit aims to tackle challenges that form the crux of the problem by optimizing access to adequate trade & supply chain financing solutions and fostering confidence for new trade partners via availing credit insurance and mitigating risk factors. The platform also addresses the vital role played by digitization in the trade & supply chain landscape in driving efficiency, cost optimization & risk management across the value chain.
The two-day summit addresses some of the latest challenges and resultant opportunities for Saudi’s trade finance sector including optimal liquidity management for Saudi exporters, suppliers and SMEs, supply chain financing, accelerated adoption of digitization & technological innovations for optimizing trade finance, managing inherent risks as well as sustainable development of the sector form the major areas of discussion.
One of the World’s Top Motivational Speakers on Change Management
National Committee for Exports of the Federation of Saudi Chambers
Banque Saudi Fransi
Al Rajhi Bank
Petromin Nissan
SAB
ICC Saudi Arabia
Bayan Credit Bureau
Saudi Real Estate Company (Al Akaria)
Rawabi Holding Group
BinDawood Group
TASNEE
Gulf International Bank
Emirates NBD
We found the event to be amazing from the partners, sponsors, attendees. We met decision makers and executive level finance leaders and we have arranged some meetings. The conference sessions added value to us and the networking sessions were great. We believe this summit have given us opportunity to accelerate business with the attendees who were interested in finance and credit.
Director, Business Development, Bayan Credit Bureau
Focused on the theme “Enabling the Kingdom’s vision for a better future”, the summit is designed to address some of the key challenges faced by the country’s finance leaders.
The Saudi Trade Finance Awards will put a spotlight on the Kingdom’s brightest minds in the Finance Industry and celebrate their contributions towards fulfilling the Country’s key strategies in line with the Saudi Vision 2030. Saudi Trade Finance Awards comprise of the Saudi CFO Awards & Saudi Bank Awards. The Saudi CFO Awards aim to recognize the CFOs as the key pillars to the success of any organization by implementing successful strategies.
QnA International LLC is a leading global B2B event organizer, continuously innovating knowledge, and events business for over a decade. With a growing portfolio of conferences, summits, and training, ranging from Trade Finance to Travel & Tourism, Technology, Supply Chain Finance, Destination Weddings and Human Resources, QnA International caters to a wide range of industries, in correlation with the present and future demands of the global economy. Headquartered in Dubai, UAE, the company organizes B2B events around the world including expertise in delivering worldclass events in destinations like UAE, Saudi Arabia, Qatar, Mexico, India, Greece, Thailand, Georgia, and Indonesia.
Disclaimer: Kindly note that the event execution will be confirmed in accordance with the directives received by the government authorities.
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