Citi has announced its lead sponsorship of the Euromoney Saudi Arabia Conference 2018 for the second time.

In partnership with the Saudi Ministry of Finance, the conference will take place at Al Faisaliah Hotel in Riyadh on May 2 and 3.The two-day conference will bring together some of the region’s most senior government representatives and international banking business leaders to discuss the global outlook and the Kingdom’s new economic reforms. The agenda includes panel discussions, networking sessions and keynote interviews, which will provide insights into the region’s evolving economic landscape.

Carmen Haddad, Citi country officer-Saudi Arabia and vice chairperson-Citigroup Saudi Arabia, said: “As a leading global financial institution, we are proud to sponsor the Euromoney conference and support the region’s economic transformation and the Kingdom’s Vision 2030. It is more important now than ever to bring experts together to share knowledge and address the challenges that are specific to this region at this critical time.”

James Forese, president of Citigroup and chief executive officer, Institutional Clients Group, will deliver a keynote interview on the first day of the event discussing the role of a global bank in Saudi Arabia and in the implementation of Vision 2030. He will also discuss the importance of hiring local talent, the appetite for Saudi paper in the international bond markets and the prospects for global debt issuance.

Samad Sirohey, managing director, Head of Debt Capital Markets, Central Eastern Europe, Middle East and Africa at Citi, will participate in a Debt Capital Markets panel. The panel will cover a range of topics, from managing international issuance in an environment of rising US interest rates, to identifying priorities in the development of the Saudi Riyal markets.

Last month, Citi announced the official opening of its new offices in Riyadh. Prior to that, the Saudi Arabian Capital Market Authority (CMA) had granted Citi a license to provide a range of Investment Banking, Debt and Equity Capital Markets, Markets, and Securities Research capabilities to its local and international institutional clients. – TradeArabia News Service