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 | Jeddah hosts 2nd Saudi Money Expo and Conference 2012  |  |
MENAFN Press
- 02/04/2012
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(MENAFN Press) Under the patronage of H.R Prince Dr. Saif Al- Islam Bin Saud Bin Abdul Aziz
March 28, 2012 - Jeddah “ After the large success of the 1st Saudi Money Expo and Conference 2011 held in Riyadh, Jeddah aims at expanding the currencies trading market volume estimated at over SR10 trillion daily by hosting the Second instructive forum 2012 for Currency, Oil and Gold markets on 2-3 May, under the patronage of H.R Prince Dr. Saif Al- Islam Bin Saud Bin Abdul Aziz.
Organized by Stayconnected in cooperation with Al-Alwsat for Economic Consultants, the forum will witness the participation of leading companies from the Gulf region along with global financial institutions and economists from more than 15 European and American countries.
Speaking about the forum's objectives, Khalid Kabbara, senior financial analyst at Stayconnected said: "This forum represents an opportunity for the Saudi investor to attend presentations on the outlook of the major currencies and commodities offered by some of the world key analysts. In addition, investors will have to opportunity to meet with leading foreign companies and learn from their expertise and experience, reviewing the latest trading technologies and discussing ways of cooperation."
"We are very excited to organize this event which willl be the first platform where Saudi investors meet face to face with some of the world top analysts to discuss the future of Euro, US Dollar and Japanese Yen as well as some of the more traded commodities such as Gold, Silver and Oil" Kabbara pointed to a new statistical study including over 15 global brokerage companies, in which Saudi Arabia was ranked first in terms of investment volume between Arab traders, particularly since over 40% of Arab investors in currency, oil and gold markets are Saudi citizens.
"After the large success of the 1st Saudi Money expo and conference 2011, we bring this year to Jeddah, top analysts from over 15 countries to discuss again the global markets amid the current economical challenges and regional turmoil" explained Kabbara.
During the forum, experts from global financial institutions and economists, led by the British company "Alpari UK", will shed light on the methods and techniques used to read financial markets indicators. Moreover, attendants and participants will be offered the chance to engage in free educational courses, designed to educate investors about daily market fluctuations.
The event is organized in partnership with "Alpari UK", "FX Solutions" as the Official Sponsor, "FXDD" as the Main Sponsor, "Amana Capital" and "Swissquote Bank" as the Diamond sponsors, "Forex.com" as the Platinum Sponsor, " Vibhs Financials" as the Gold Sponsor and "Heneyep Capital Markets" as the Silver Sponsor.
The Conference halls opens it's doors on May 2, 2012 at 1:00PM, investors are welcome at this free attendance event.
About Stayconnected Stayconnected in partnership with Alawsat for Economic Consultancy for H.R.H. Prince Dr. Saif Al-Islam bin Saud bin Abdelaziz Al Saud, launched the 1st Money Expo and Conference in Riyadh, Saudi Arabi
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