David James Little’s Post

We are excited to announce that Zena Brake, CFA , Credit Director at Allianz Trade in Middle East, is set to take the stage at Global Trade Review (GTR) GTR KSA - Trade and export finance conference 2024 in Riyadh this week! 🇸🇦 Zena will participate in a panel discussion on the topic of "Managing risk and improving access to capital: The growing role of trade credit insurance." This session will provide an informative overview of the trade credit and political risk offering, including how trade credit insurance can not only protect against the risk of nonpayment for goods and services but also provide other benefits such as improve access to capital, raise export levels and enter new international markets. #AllianzTrade #TradeCreditInsurance #GTRKSA #KSA

Less than a week to go and we will be discussing GCC allocations in Private Credit. Can the pools of liquidity gathering in the region be tapped to finance development in Emerging Markets with superior returns? And what can GCC Private Debt investors learn from other Private Credit markets? I will be joined by fellow BancTrust & Co. crew Isil Caglayan, George Niedringhaus, Greys Penaloza and Charlie Foley #gcc #dubai #emergingmarkets #sustainablefinace #privatedebt #privatecredit

Saudi Arabia’s wealth fund is starting to add some new fine print to the documents it sends to bankers hoping to do business with the $925 billion investor. It wants to know whether their firms have obtained a regional headquarters license in the kingdom. The move shows the government is doubling down on efforts to get international financial firms to boost their local presence. Those that don’t display sufficient commitment to the country could soon find it harder to win big business. While banks had initially hoped to sidestep those rules, the pressure is getting harder to resist — especially after Goldman Sachs Group Inc. became the first Wall Street giant to get such a license. “Once there is sufficient adoption of RHQ licenses in a sector then it increases the pressure on other players in the sector to follow,” said Waleed Rasromani, national managing partner for Saudi Arabia at law firm Linklaters. “Many firms in the financial industry are looking carefully at the RHQ rules at the moment.” #saudiarabia #saudivision2030 #Rhq #swf #pif

Aazar Ali Khwaja, Group Head, International & Group Strategy, Emirates NBD, said: “As the leading banking group in the Middle East, North Africa, and Türkiye (MENAT) region, we are committed to transforming the Saudi financial services sector, leveraging our expansive network, partnerships and innovative offerings to empower consumers in the Kingdom. Fully aligned with Vision 2030, we take pride in serving as a partner of choice to the country, supporting its efforts to grow the economy and safeguard its future. Our expansion plans are wholly geared towards this goal; the launch of our latest branch in KAFD | كافد contributing to Saudi Arabia’s development as a private sector powerhouse.” Read more at the link below. https://lnkd.in/dsx3sFZk

Saudi Fransi Capital, the Financial Advisor, Lead Manager, Bookrunner, and Underwriter, of the Initial Public Offering for Al Majed Oud.co Company, announces the completion of the book-building process for the institutional tranche subscribed to the offered shares and the setting of the final offer price at SAR 94 per share, with a coverage ratio amounting to 15646% of the total offer shares. Knowing that the participating entities have subscribed to the offered shares in full, as (7,500,000) ordinary shares were allocated to them, representing 100% of the total shares offered for subscription as a first stage. Upon the successful completion of the book-building process, as a second stage, (1,500,000) ordinary shares, representing 20% of the total shares offered for subscription, will be allocated to individual subscribers as a maximum. It should be noted that #Saudi_Fransi_Capital, in its capacity as Lead Manager, has completed with the receiving banks, BSF and alrajhi bank all necessary preparations for receiving subscriptions from the individual investors’ tranche, for one day commencing on Sunday 15/09/2024G. All information and details related to the offering are available in the prospectus published on the website of the Capital Market Authority www.cma.org.sa, the website of the Company www.almajed4oud.com and the website of Saudi Fransi Capital Company www.bsfcapital.com.sa. #BSFCapital #BSF

🌟 Grateful for the Journey: Nedbank Quants Exploration Programme 🌐 As my time with the Nedbank Quants Exploration Programme comes to an end, I find myself reflecting on an enriching and transformative experience. Over the past week, I delved into the intricate world of quantitative finance, gaining insights that go far beyond textbooks. 📊 Real-world Exposure: The QEP wasn't just about theory; it was a hands-on journey into the practical applications of quantitative techniques. From algorithmic trading strategies to risk management, every session provided a glimpse into the complexities of the financial world. 🤝 Connections That Count: One of the true highlights was the network I've built. The connections with industry professionals and fellow participants have been invaluable. The collaborative spirit and shared passion for quantitative finance have added a layer of richness to the entire experience. 🙏 Thanks to Nedbank: A heartfelt thank you to the Nedbank team for crafting a programme that marries education with exploration. The mentorship and guidance have been instrumental, setting the stage for future success. 🚀 What's Next: As I move forward, I'm energized and ready to apply these newfound insights. The Nedbank Quants Exploration Programme has opened doors to possibilities, and I'm excited about the journey ahead. 💬 Let's Connect: To my fellow outlier delegates, trainees, and anyone intrigued by the quant world—let's keep the conversation going! Share your insights, experiences, or drop a message. I'm eager to connect and continue learning from this incredible community. #QuantFinance #QEPOutlier #CASEQEPOutlier #QuantitativeFinance #DataScience

🎓✨ From Learner to Leader Meet Adnan Al Ameer, Head of Financial Institutions and Correspondent Banking at BBK (Bank of Bahrain and Kuwait), and a distinguished BIBF Alumni. With a degree in Banking and Finance from Bangor University, Adnan's story shows that success starts with the right education. Your choices today determine your future tomorrow: https://lnkd.in/dYS94D3J #BIBFAlumni

Kuwait Finance House Targets Growth in Saudi Market Kuwait Finance House (KFH) is exploring expansion opportunities in the Saudi financial sector, reinforcing its presence in the lucrative market. Despite rumors of a potential acquisition of a stake in the Saudi Investment Bank (SAIB), KFH clarifies that evaluations are ongoing and no definitive agreements have been reached. This strategic move aligns with KFH's broader regional investment ambitions and could herald a new chapter in Gulf financial collaborations. To delve into the details of KFH's strategic market evaluation and the potential implications for the finance sector in the region, read the full story on Saudi Business News. Link in bio. #KuwaitFinanceHouse #SaudiInvestmentBank #FinancialSector #MarketExpansion #GulfEconomy #SaudiBusiness #SaudiNews #Vision2030 #SaudiArabia

I am happy to share that I finished course " Factoring program legal and technical framework“😊☺️ First step in the field of Factoring 💪💪 Financial Services Institute (FSI) - Egypt Financial Regulatory Authority FRA