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Saudi Trade Finance Summit

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12th Annual Saudi Trade Finance Summit

Saudi Arabia: The World’s New Trade Nexus

Saudi Arabia’s biggest trade finance event, trusted by finance professionals from the Government, Public and Private sectors for over 11 years.

Market Challenges the Saudi Trade Finance Summit has been solving:

Event Highlights

Saudi Trade Finance Summit 2024

Event Overview

Join us at the 12th Annual Saudi Trade Finance Summit on November 06 & 07, 2024, in Riyadh, KSA, where the future of trade finance unfolds against the backdrop of Saudi Arabia’s dynamic economic landscape. The summit will delve into Saudi Arabia’s booming trade finance sector, projected to reach USD 134.85 Billion by 2026 with a CAGR of 2.63% from 2020-2026, driven by adopting technologies like blockchain and digital platforms, enhancing efficiency and reducing paperwork. It will spotlight key components of trade finance, spanning letters of credit to export and import financing, aimed at mitigating risks in international trade transactions, facilitating market access, securing payments, and supporting SMEs. The event will explore the growing demand for trade finance in importing machinery, fostering sustainable practices, and navigating international trade risks, underscoring Saudi Arabia’s pivotal role in global trade dynamics.

Recent economic trends highlight Saudi Arabia’s robust trade balance, achieving a surplus of SR41.4 billion ($11.04 billion) in April 2024, driven by a notable 36% increase in non-oil exports. This surge underscores the Kingdom’s strategic efforts to diversify its economy away from the energy sector. Concurrently, there has been a significant shift in outbound merchandise supply, with a notable decrease in the proportion of oil exports. This shift reflects Saudi Arabia’s proactive economic diversification initiatives, emphasizing non-oil sectors.

Save the dates and secure your seat at Saudi Arabia’s premier trade finance event of the year., where you’ll connect with over 300 key decision makers, influencers, and experts from leading industries including oil & gas, petrochemicals, hospitality, healthcare, manufacturing, retail, automotive, and more. Don’t miss this opportunity to network, gain insights, and forge partnerships that will drive innovation and growth across diverse sectors.