Highlights from the Discussion

Mr. Mohammed Afif

• One of the biggest challenges facing countries is raising awareness for the transition from cash to cashless transactions, in addition to facilitating access to digital operations such as point-of-sale systems and electronic wallets.
• The latest figures issued by the Saudi Central Bank indicate that one hundred and eighty-nine billion was conducted through cash transactions, while purchase operations through point-of-sale systems amounted to 72 billion.
• Digital financial operations are considered much better because they facilitate savings and investment procedures.
• The market is promising and requires young talent to enter and develop it, as it previously relied on solutions imported from abroad.
• There is no one better than our youth to lead the financial market based on market requirements and objectives, as many Saudi youth have provided pioneering solutions that succeeded in competing with external solutions.

Mr. Faisal Al-Jasser

• Investment is a risk that applies to all assets, but to varying degrees.
• Studies in investment risk management state that the investor must know the factor they are introducing into their portfolio, whether it falls under systematic or unsystematic factors, or factors related to the entire market.
• There are risks even in investing through fund managers; therefore, it is important to know the investment background, the fund manager’s reputation, and historical performance.
• One of the most important tools for measuring the performance of investment funds is the prospectus, as it contains very in-depth information.
• New studies in risk management indicate that investing in low-risk stocks compared to ordinary stocks over the long term yields higher returns.
• Investing in currencies is a risk in itself because it is a very large market and the factors influencing it are extensive, including geopolitical factors, economic indicators, and liquidity…