Episode 40-Kingdom Capital: Shaping Saudi’s Economic Future

Since Crown Prince Mohammed bin Salman launched Vision 2030 in 2016, Saudi Arabia has undergone major changes. The kingdom is opening up its society and reshaping its economy by investing in industries like mining and tourism. In particular, the financial sector, is driving much of this progress and attracting global attention.

In our 40th episode, we spoke to Abdulaziz Alnaim, founder and Managing Director of Mayar Capital. With over 20 years of investment experience, Abdulaziz offers a unique perspective on both global and Saudi markets.

In this episode, we discussed several topics including:

• The socioeconomic changes taking place in the kingdom
• The opportunities and challenges from these changes
• The merits and criticism of responsible investing
• The similarities and differences between responsible, ethical and Islamic investing

Mayar Capital-https://www.mayarcapital.com/

Email: ir@mayarcapital.com

Email us: hassan@majlisandmarkets.com

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Intro theme song-Arab and Muslim by StockMusic via Pixabay

Chapters

• 0:44 Monologue intro
• 1:42 Beginning of discussion
• 3:14 Saudi Arabia in 80s and 90s
• 5:53 Living and studying in the US
• 8:10 Saudi under Vision 2030
• 13:56 External capital financing
• 16:45 Improvement in business environment?
• 19:16 Cultural shift in employment
• 20:27 ECM activity
• 22:16 Improving international image
• 25:37 China and India trade
• 26:44 Mayar Capital's investing thesis
• 30:39 Implementing the PRI
• 33:42 Are ethical and halal investing the same?
• 37:33 Performance of ethical and halal stocks
• 40:49 Upcoming projects
• 42:11 Getting in touch; social media