Fsdp Quarterly Newsletter Q2 2025 · Page 8

 
8  | 
Saudi Tadawul Group Successfully Concludes Capital 
Markets Forum in Hong Kong 2025 
Saudi Tadawul Group (STG), in partnership with Hong 
Kong Exchanges and Clearing Limited (HKEX), has 
successfully concluded this year’s Capital Markets Forum 
(CMF) in Hong Kong. Held under the theme “Powering 
Connections,” the forum marked another milestone in 
fostering connectivity and advancing globally integrated 
capital markets. The event convened decision-makers, 
institutional investors, corporate leaders, and financial 
market experts from across the Middle East, East Asia, 
and beyond, reinforcing CMF’s role as a global forum for 
exploring capital market innovation and enabling long-
term sustainable growth. During the forum, participants 
explored key themes shaping today’s capital markets, 
including the evolving landscape of cross-border listings, 
the role of ETFs in enhancing market accessibility, and 
the 
growing 
importance 
of 
data 
infrastructure. 
Discussions also touched on the need to support 
institutional investor participation and foster greater 
regulatory harmonization across markets. 
The Insurance Authority and the Ministry of Culture 
sign a memorandum of understanding to activate the 
cultural insurance sector 
The Insurance Authority signed a Memorandum of 
Understanding (MoU) with the Ministry of Culture to 
collaborate on achieving national objectives in the 
culture and insurance sectors by preserving cultural 
assets and activating the cultural insurance sector. The 
signing ceremony took place in Riyadh, where the 
Authority was represented by Mr. Abdulaziz bin Sulaiman 
Al-Bishri, Executive Director of Licensing and Approvals, 
and Mr. Hussam bin Abdulaziz Al-Fayez, Acting Director 
General of Risk and Compliance at the Ministry of Culture. 
The MoU includes cooperation between the two parties in 
several areas, most notably a study of the needs of the 
cultural sector to complement joint cooperation in 
developing and introducing insurance products related to 
the cultural sector. It also includes an understanding 
regarding sectors supporting cultural insurance, which 
focuses on the mechanism for determining the criteria 
used by supporting companies in financial evaluations and 
restoration of cultural assets, and their compatibility 
with the criteria used by insurance companies. The MoU 
also includes the exchange of data, information, and 
expertise related to the cultural insurance market. It also 
includes 
an 
understanding 
regarding 
cooperation 
between the two parties in setting standards for the 
valuation of cultural assets by insurance companies. 
The Insurance Authority received two awards at the 
2025 Contact Center World Awards, the world's 
highest-rated performance awards ceremony, held in 
Berlin, Germany 
The Insurance Authority is proud to have won two awards 
at the 2025 Contact Center World Awards, the world's 
highest-rated performance awards ceremony, held in 
Berlin, Germany. This recognition underscores our 
commitment to providing high-quality services and a 
superior experience for our insured and beneficiaries. 
The Insurance Authority signs a cooperation agreement 
with Taqeem to enhance the regulation of the vehicle
damage assessment sector 
The Insurance Authority signed a joint cooperation 
agreement with the Saudi Authority for Accredited 
Valuers 
(Taqeem) 
to 
enhance 
integration 
and 
coordination in regulating and developing the vehicle 
damage assessment sec