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News And Events


Event on Financial Close and Regulatory Reporting Best Practice | MDSap

In collaboration with SAP, we are hosting an event on the best practices for Financial Close and Regulatory Reporting. Please join us in Riyadh on April 21st at the Four Seasons.  Register today to secure your seat!

The last global financial crisis taught all of us a hard lesson and the industry now faces increasingly strict regulations. Chief Financial Officers, Finance Directors and their teams now have to comply with the ever mounting regulatory demands by the financial market regulatory bodies (such as SCA, QFMA, CMA ) as well as by national central banks and other government authorities. 

In this challenging time, technology is key to enabling large enterprise in all industries to meet these new requirements through automating processes, improving collaboration, enforcing compliance and control. Technology can also help organizations reduce the risk and cost of regulatory filings and disclosure while improving speed and quality. We have put together this half day event to share our insights, best practice and customer success.


08:30 – 09:00


09:00 – 09:15

Welcoming and Introduction

09:15 – 10:30

Financial Close and Regulatory Reporting Trends Overview by Ernst and Young

10:30 – 11:00

Technology Session: Streamline Your Entire Financial Close Process With SAP Financial Consolidation and Disclosure Management Including Reporting in XBRL (IFRS/SOCPA/Solvency II/FINREP).

11:00 – 11:15

Refreshment Break and Networking

11:15 – 11:30

Customer Case Study: Emirates NBD Best Practice in Financial Disclosure

11:30 – 12:00

New Regulation Trend in The Gulf: XBRL Conversion to IFRS, Tadawul Opening to Foreign Investor by Ernst and Young

12:00 – 12:15

Q & A

12:15 – 12:30

Prayer Time

12:30 – 14:00

Networking Lunch

Topics: Events

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