Saudi Arabia’s Rising Influence in Global Finance Discussed at Banking Event

RIYADH — Saudi Arabia has secured the confidence of the global investment community despite ongoing regional volatility, senior financial executives said at HSBC’s GCC Exchanges Conference in London this week.

Speaking at the four‑day event — the largest in the conference’s five‑year history, with over 300 investors, more than 100 companies, and representatives from all seven Gulf stock exchanges — officials pointed to regulatory reforms, deepening capital markets, and long‑term economic policies under Vision 2030 as key factors cushioning the impact of regional uncertainty.

HSBC was appointed as an International Primary Dealer by Saudi Arabia’s Ministry of Finance and the National Debt Management Center in May, enabling it to act as an intermediary between foreign investors and local government debt instruments.

“Saudi Arabia’s development of consistent regulatory frameworks and the evolution of its debt and equity capital markets over the last decade has secured the confidence of the global investor community in the wake of regional disruption,” said Faris Al‑Ghannam, CEO and board member of HSBC Saudi Arabia.

Mohammed Al‑Rumaih, CEO of the Saudi Exchange, noted that the Kingdom has become an increasingly important destination for international investors. “Supported by a growing and diversified issuer base, enhanced market accessibility, and continued innovation across our products and services, we are creating deeper opportunities for investors to participate in the Kingdom’s long‑term growth,” he said.

Conference discussions also highlighted Saudi Arabia’s potential for the highest data center‑related revenue growth across the Gulf Cooperation Council, with a projected compound annual rate of about 49 percent between 2025 and 2030.

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