SAUDI ARABIA

Al-Qasabi underscores active Saudi role in shaping innovative responses to financial distress

October 13, 2025
Minister of Commerce Majed Al-Qasabi inaugurating the Eisar Conference 2025 in Riyadh on Monday.
Minister of Commerce Majed Al-Qasabi inaugurating the Eisar Conference 2025 in Riyadh on Monday.

Saudi Gazette report
RIYADH — Minister of Commerce Majed Al-Qasabi emphasized Saudi Arabia’s active role in shaping innovative responses to financial distress. Inaugurating the Eisar Conference 2025 in Riyadh on Monday, the minister stressed that hosting this conference in Riyadh reflects the Kingdom’s strong commitment to sustaining economic activity.
Several ministers, officials, and international experts are participating in the conference.Al-Qasabi highlighted that the conference unites global specialists in business continuity and restructuring at a time when Saudi Arabia is making significant progress in legislative and procedural reforms. These advancements position Saudi Arabia as a regional hub for debt resolution and financial restructuring solutions for economic entities.
The two-day conference features participation from prominent local and international organizations, including the World Bank, the United Nations Commission on International Trade Law, and INSOL International. Key topics include the development of relevant legislation, effective business restructuring strategies, risk management mechanisms, and specialized discussions on responding to rapid economic shifts and potential financial crises.


October 13, 2025
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