Saudia Arabia’s SEDCO participates in inclusive economics summit

An agreement between Qatar Development Bank and Qatar Islamic Bank aims to boost financing options for small- and medium-size businesses.
An agreement between Qatar Development Bank and Qatar Islamic Bank aims to boost financing options for small- and medium-size businesses. -
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Saudi Arabia’s SEDCO Holding Group (SHG) participated in this year’s Hope Global Forums annual meeting in Atlanta from Jan 13-15. 

The international gathering of economists, businesses and thought leaders was themed “Inclusive Economics” and was meant to stimulate and share ideas on how to better involve youth in economic activities.

SHG was at the event representing its Riyali program, which aims to put on basic financial skills workshops for more than 15,000 university students. The workshops cover saving, borrowing, investing and budgeting.

“It is imperative for economy practitioners to thoroughly understand how financial inclusion is not only good for individuals, markets and countries, but also a sound business practice,” SEDCO Vice President of Corporate Communications, Marketing and Corporate Social Responsibility (CSR) Amr Banaja said. “Contributing to the well-being of our society and supporting our communities to self-develop will ultimately underwrite the growth of business and consequently benefit the national economy. It is part of SEDCO’s DNA to withstand this mission and we aim to instill this mindset across all our CSR endeavors.”

The three-day event focused on ways of creating opportunities for the kind of bottom-up economic development that Banaja described and discussing how community movements can inform global economic trends and philosophy on the way to a more stable global market.



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