Saudi Euromoney Conference 2014 started

RIYADH- Works of the 9th version of the Saudi Euromoney Conference 2014, which is organized by Ministry of Finance, kicked off today(May 6th) under the title “Innovation and Competition

Change Dynamics of Globalization”, with the participation of leaders and international figures of the global financial sector.

Upon opening the main session of the conference, Minister of Finance Dr. Ibrahim Al-Assaf said that the global economy is seeing an exbandable recovery, but there are still many challenges.

He added that national economy is sound thanks to the economic policies and reforms initiated by the Custodian of the Two Holy Mosques King Abdullah bin Abdulaziz Al Saud, referring to the Kingdom’s economy achievement over the past year with a real growth of around 3.8% despite lower growth in the oil sector.– SPA