Riyadh hosts 1st instructive forum for Currency, Oil and Gold markets

In a step aimed at expanding the Saudi trading market volume estimated at over SR10 trillion daily, Riyadh will host the first instructive forum 2011 for Currency, Oil and Gold markets on 14-15 September, under the patronage of H.R Prince Dr. Saif Al- Islam Bin Saud Bin Abdul Aziz. End Quote

Albany-Schenectady-Troy, NY (1888PressRelease) July 31, 2011 - Organized by Stayconnected in cooperation with Al-Alwsat for Economic Consultants, the forum will witness the participation of leading companies from the Gulf region along with global financial institutions and economists from more than 12 European and American countries.

Speaking about the forum's objectives, Nadine Rafei, senior financial analyst at Stayconnected said: "This forum represents an opportunity for the Saudi investor to meet with leading foreign companies and learn from their expertise and experience, reviewing the latest trading technologies and discussing ways of cooperation."

"We believe that this forum will create the right environment for investors and foreign companies to conclude business deals and engage in partnerships, developing the resources of the kingdom's most active economic sector, with an estimated daily volume of over SR10 trillion."

Rafei pointed to a new statistical study including over 15 global brokerage companies, in which Saudi Arabia was ranked first in terms of investment volume between Arab traders, particularly since over 40% of Arab investors in currency, oil and gold markets are Saudi citizens.

"The Saudi market differs from the local equity market with its deep volume of liquidity which makes technical analysis a key tool for successful trading, especially since it operates 24 hours a day." Rafei explained.
During the forum, experts from global financial institutions and economists, led by the British company "Alpari UK", will shed light on the methods and techniques used to read financial markets indicators. Moreover, attendants and participants will be offered the chance to engage in free educational courses, designed to educate investors about daily market fluctuations.
The event is sponsored by "Alpari UK" as the Strategic Partner, "FX Solutions" as the Official Sponsor, "Gain Capital" as the Diamond Sponsor, "FXCM MENA" as the Gold Sponsor and "Noor Capital Market" as the Silver Sponsor.

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