Sixteenth Annual Conference’s Worksheets
Conference Program:
under the auspices of
His Royal Highness
Prince Sultan bin Abdulaziz Al Saud
The Crown Prince, Deputy Director of the Council of Ministers
Minister of Defense and Aviation and Inspector General
organize
Saudi Economic Association
Sixteenth annual conference
under the title
Financial services in the Kingdom of Saudi Arabia
16-18 Jumada Al-Awwal 1428 AH corresponding to 2-4 June 2007
King Fahd Cultural Center in Riyadh
Opening Ceremony
Saturday, 16 Jumada al-Awwal 1428 AH – 2 June 2007
8:30 pm
Opening Ceremony Program
It’s half past eight (8:30) in the evening
¨ Ay from the Holy Quran.
¨ Speech by the Director of the Board of Directors of the Saudi Economic Association.
¨ Speech by His Excellency the Minister of Economy and Planning, Mr. Khaled Al-Gosaibi.
¨ Speech of His Royal Highness, Honorary Director of the Saudi Economic Association.
¨ Speech by the sponsor of the ceremony, His Royal Highness Prince Sultan bin Abdulaziz, Crown Prince, Deputy Director of the Council of Ministers, Minister of Defense and Aviation and Inspector General.
¨ Presenting a souvenir to the sponsor of the ceremony.
First day
Sunday Jumada I 16 – June 3
clock
Activity
8 – 9
Registration for those who did not register on Sunday
9 – 9:45
First session: Banking
Moderator: His Excellency Dr. Abdullah Al-Quwaiz
(Ambassador of the Custodian of the Two Holy Mosques in the Kingdom of Bahrain)
Participant:
A lecture by His Excellency Mr. Hamad Al-Sayyari (Governor of the Saudi Arabian Monetary Agency)
9:50 – 10:50
Session Two: Banking Services
Moderator: His Excellency Dr. Nasser Al-Qaood
(Director of Money and Monetary Integration Department, General Secretariat of the Cooperation Council for the Arab Gulf States)
Participants:
(1) Dr. Muhammad bin Nasser Al-Jadid (Saudi Arabian Monetary Authority)
A strategic perspective for the emergence and development of electronic banking in the Kingdom
(2) Dr. Fahd bin Khalaf Al-Badi (Institute of Public Administration)
The impact of the Kingdom’s accession to the World Trade Organization on the Saudi banking sector
(3) Mr. Muhammad bin Fahd Al-Omran (financial analyst and economic writer)
Challenges of the banking sector in the Kingdom
10:50 – 11
rest
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Activity
1112
Third Session: Investment Services in Local Banks
Moderator: Dr. Yassin Al-Jafri (Dean of Prince Sultan College of Tourism in Jeddah)
Participants:
(1) Dr. Ibrahim bin Saleh Al-Omar (Qassim University)
The developmental role of financial intermediation services in the banking system in the Kingdom (1980 – 2005)
(2) Dr. Majid bin Muhammad Qaroub (Qaroub Lawyers and Legal Consultants Office)
Settlement of disputes in financial services cases in the Saudi judiciary
(3) Ms. Zakirat Bin Hussein Al-Hashem (Member of the Saudi Economic Association)
European equity funds in local banks: a benchmark study for the period 1999 – 2005
12 – 12:30
noon prayer
12:30 – 1:30
Fourth session: Insurance
Moderator: Eng. Mubarak Al Khafrah (Chairman of Malath Insurance Company)
Participants:
(1) Dr. Salem Al-Qudaih (Member of the Saudi Economic Association)
Is it time for bank deposit insurance?
(2) Mr. Abdul Majeed bin Ahmed Al-Amir (Member of the Saudi Economic Association)
The activity of insurance companies in the Kingdom: its development and economic importance
1:30 – 2:45
Fifth session: A panel discussion on insurance
Moderator: Mr. Musa Al-Rubaian (Director, Dar Musa Consulting)
Participants:
(1) Mr. Muhammad bin Ali Al-Amari (and Jeff Trading, Insurance Consultants and Brokers)
(2) Mr. Ali Al-Sabihin (General Manager of the Tawuniya Insurance Company – The Cooperative)
(3) Mr. Abdulaziz Abu Al-Saud (Arab Trading Enterprises Co. Ltd.)
2:45
Lunch party sponsored by Malath Insurance Company
Activity
5:30 – 6:30
Sixth Session: Real Estate Finance
Moderator: Dr. Ahmed Al-Obaid (Department of Economics, King Saud University)
Participants:
(1) Dr. Ali Habib Bu Khamseen (Member of the Saudi Economic Association)
Real estate financing services in the Saudi real estate market
(2) Mr. Fahad bin Suleiman Al Yahya (Riyadh Bank)
Does real estate finance contribute to the comprehensive development in the Kingdom?
6:30 – 7
Maghrib prayer
7 – 8:30
Seventh session: A panel discussion on financing mechanisms for small and medium enterprises
Chair of the session: His Excellency Dr. Hashem Yamani
(Minister of Commerce and Industry)
Participants:
(1) Mr. Abdulrahman Al-Suhaibani (General Manager of the Saudi Credit and Saving Bank)
(2) Mr. Muhammad Al-Dabib (Director General of the Saudi Industrial Development Fund in charge)
(3) Mr. Saleh Al-Turki (Chairman of the Jeddah Chamber of Commerce and Industry)
(4) Dr. Abdulaziz Al-Samael (General Manager of the Small and Medium Enterprises Sector at the General Organization for Technical Education and Vocational Training)
(5) Dr. Saad Al-Ghamdi (CEO of Abdul Latif Jameel Group)
(6) Mr. Hisham Tashkandi (General Manager of the Centennial Fund)
second day
Monday 17 Jumada I – 4 June
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Activity
9 – 10
Eighth Session: Financial Services from an Islamic Perspective
Moderator: Dr. Khaled Al-Muqrin (Dean of the Faculty of Economics and Administrative Sciences, Imam Muhammad bin Saud Islamic University)
Participants:
(1) Dr. Hamza bin Muhammad Al-Salem (Ministry of Interior, member of the Economic Society)
Deducing Ibn Taymiyyah’s opinion on contemporary bank finances
(2) Dr. Nasih bin Nasih Al-Baqmi (Institute of Diplomatic Studies)
Cooperation between the Real Estate Development Fund and commercial banks in housing finance
special in the kingdom
(3) Ms. Reem bint Mohammed Asaad (Al-Ahly Bank)
Regulatory and Legal Frameworks for Islamic Finance: The Kingdom’s Experience
10- 10:45
Session Nine: Insurance
Moderator: Dr. Muhammad Al-Qunabit (Chairman of the Board of Directors of the Saudi Economic Association)
A lecture by His Excellency Dr. Muhammad Al-Jasser (Deputy Governor of the Saudi Arabian Monetary Agency)
Presentation on theme: “The Insurance Market in the Kingdom”.
10:45 – 11:15
rest
11:15-12:30
The tenth session: the Saudi stock market
Moderator: Mr. Mohamed Al-Dhahyan (CEO – Administration House for Development and Investment)
Participants:
(1) Dr. Suleiman Al-Sukran (Member of the Saudi Economic Association)
Initial Public Offerings in the Saudi Stock Market: Reality and Hope
(2) Dr. Abdullatif Bashikh (King Abdulaziz University)
Saudi investor behavior
(3) Mr. Tarek Fadlallah (Senior Researcher at Nomura Investment Banking Middle East)
(4) Dr. Saleh bin Ibrahim Al-Suhaibani (Al-Rajhi Banking Group)
Stock market and economic growth: correlation and causation
second day
Monday 17 Jumada I – 4 June
Activity
12:30 – 1
Dhuhr prayer
1 – 2
Eleventh session: A panel discussion on real estate finance
Moderator: Dr. Abdulaziz Al-Qassem (Lawyer)
Participants:
(1) Mr. Muhammad Al-Harbi (Director General of the Real Estate Development Fund)
(2) Mr. Abdullah Al-Huwaish (Executive Director of Amlak Holding Company)
(3) Dr. Abdullah Ibrahim Al-Fayez
2 – 3
Twelfth Session: Panel Discussion on Financial Services
Moderator: Dr. Mazen Hassouna (CEO, Rana Investment Company)
Participants:
(1) His Excellency Dr. Abdulrahman Al-Tuwaijri (Director-in-Chief of the Capital Market Authority)
(2) Dr. Abdul Rahman Al Humaid (CEO, National Consulting House).
(3) Dr. Fahad Al Mubarak (Chairman and Managing Director, Financial Group)