08:00
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Registration and networking
Session ends: 08:50
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08:50
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Recitation of the Holy Quran
Session ends: 08:55
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08:55
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Chairman’s opening remarks
Speakers
Session ends: 09:00
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09:00
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Macroeconomic overview: What are the challenges and opportunities on the horizon for Saudi Arabia’s economy?
- Global monetary and fiscal policy: How are developed countries managing their economies? What is the impact on capital flows?
- Oil and gas price outlook and its effect on Saudi Arabia’s short, medium and long-term growth prospects?
- How are structural changes driving growth in Saudi Arabia?
Speakers
Session ends: 09:30
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09:30
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How to attract Global Fixed Income Investors, Foreign Direct Investors and Qualified Foreign Investors to Saudi Arabia
- What is the overall objective to investment? How does their strategy when entering a market reinforce the objective?
- What is the list of criteria that need to be fulfilled for investors to enter a market?
- Areas of focus: What do they feel the key areas of development are for Saudi Arabia to attract greater foreign investment in project finance (FDI), bond/sukuk markets (fixed income) and equity markets (QFIs)?
- More liquidity from the inclusion of Saudi Arabia into Global EM bond indices: What’s different in 2019 versus 2018?
Moderator
Speakers
-
Nick Di Giampasquale,
Vice President, Portfolio Solutions,
Morgan Stanley Investment Management
-
Mohamad Al Hajj,
Head of MENA Strategy,
EFG Hermes
-
Abdul Kadir Hussain,
Head of Fixed Income Asset Management,
Arqaam Capital
-
Todd Gosserand,
Head of Financial Risk & Treasury Projects,
TAQA Global
-
Jamil Hallak,
Senior Vice President, Head of Investments Section,
Riyad Bank
Session ends: 10:15
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10:15
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Case study: Preparing, structuring, packaging and distributing Saudi Arabia’s first-ever corporate bond
- From start to finish: How long does the process take? What preparations does the corporate need to make before going to market?
- The (private and public) rating process: What does it involve? How much do companies need to disclose? How ratings be beneficial to the company business planning beyond issuance
- Roadshowing, pricing and printing: What CFOs and Treasurers should expect from their dealers when the deal goes live
- Financial and non-financial benefits to the company of diversifying corporate funding portfolios from (bilateral and syndicated) loans to bond/sukuk explained
- From local to global: how to issue sukuk internationally
Moderator
Speakers
-
Paul Gay,
Finance Executive,
Almarai Company
-
Fawaz Abusneineh,
Acting Head of Global Corporate Finance,
First Abu Dhabi Bank (FAB)
-
Timucin Engin,
Senior Director, Cross-Practice Coordinator, GCC Region,
S&P Global
-
Roy Pearce,
Partner,
Baker McKenzie
Session ends: 11:00
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11:00
|
Coffee and networking
Session ends: 11:30
|
11:30
|
Loan Financing in Saudi Arabia: How can borrowers and lenders work together to extract maximum mutual benefit?
- Market Capacity: Is a wider international banking audience needed to meet the country’s burgeoning USD financing requirement?
- Is excess SAR liquidity a help or a hindrance?
- Fees: Why do they matter if margins cover the risk?
- Syndications vs bilaterals: What are the trade-offs worth making to attract a wider banking group?
- LMA Documentation: What’s not to like?
- What is the role for non-bank institutional investors?
Moderator
-
Eric Zimny,
Managing Director, Co-Head of Corporate Origination, Loan Capital Markets, EMEA,
SMBC EMEA
Speakers
-
Manish Manchandya,
Group Chief Financial Officer,
Saudi Electricity Company
-
Naush Malik,
Managing Director, Head of Leveraged & Acquisition Finance,
First Abu Dhabi Bank (FAB)
-
Zain Zaidi,
Managing Director, Head of CEEMEA Loans & Leveraged Finance,
Citi
-
Brian Dominic Tellis,
Director, Loan Syndications and Structured Finance,
Emirates NBD
Session ends: 12:15
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12:15
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What are the financing options being considered by Saudi Arabia’s corporates, and at what pricing?
- Bonds/sukuk vs. loans vs. equity: What funds can be raised in each market and at what price?
- What do companies in the Kingdom have planned, and what funding needs do these plans present?
- Who is best placed to provide this financing?
- How do different funding instruments fit into short, medium- and long-term corporate strategy? What are the costs of the different options, and what are their benefits?
Moderator
Speakers
Session ends: 13:00
|
13:00
|
Networking lunch hosted by MUFG
Session ends: 14:20
|
14:20
|
Green bonds/sukuk: How are investors integrating ESG into their approach to fixed income investments? What metrics are they using?
- Why go green: What is driving global investor demand for green bonds/sukuk?
- What are the capital and economic advantages to issuing green bonds/sukuk?
- Is there a link between ESG (Environment, Social and Governance) and accessing new pools of capital?
- Are issuers in danger of losing existing buyers of bonds if they do not issue green?
- Message from global investors looking at opportunities in Saudi Arabia: What are investors’ expectations for ESG?
Moderator
Speakers
-
Mahmoud Nawar CFA,
Head of Debt Capital Markets,
GIB Capital
-
Sharif Eid,
Portfolio Manager, Global Sukuk and MENA Fixed Income,
Franklin Templeton Investments (ME) Ltd
-
Orith Azoulay,
Global Head of Green & Sustainable Finance,
Natixis
-
Umera Ali,
Partner, Head of Banking & Finance (Middle East) and Global Head of Islamic Finance,
DWF (Middle East) LLP
Session ends: 15:05
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15:05
|
Privatisation and PPPs of non-power-and-water projects: How to structure deals to attract local and international investors
- Pipeline of PPPs and privatisations: What is coming online in what sectors and how much capital is needed to finance projects?
- Shifting from corporate to project/PPP risk: Gauging Saudi banks’ appetite for non-power-and-water projects:
- What are the challenges for international banks assessing projects away from the power and water sector in Saudi Arabia?
- How is the NCP reforming companies/assets before privatisation and issuing bonds/sukuk? How are non-power/water projects being developed to meet international standard risk allocation?
- Structures, case studies and solutions: What can be applied from successful deals in the power and water sector to sectors such as transport, hospitals and schools to meet international standard risk allocation?
- How is the government reforming companies and assets before privatisation and issuing bonds/sukuk?
Moderator
Speakers
Session ends: 15:35
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15:35
|
Chairman’s closing remarks and close of conference
Speakers
Session ends: 15:40
|