Eric Cantor - Vice Chairman & Managing Director, Moelis & Company & Former US House Majority Leader

The discussion revolves around the rebalancing of the global economy and its impact on finance. Cantor emphasizes the alignment of interests between governments, particularly between the U.S. and Saudi Arabia, facilitating cross-border activities. The Crown Prince's Vision 2030 is creating investment opportunities in the region, attracting both domestic and foreign investors. Cantor highlights the increasing interest in cross-border M&A activities. The speakers discuss the potential for American firms to capitalize on Saudi Arabia's allowance of majority ownership in Tadawal-quoted companies. Sovereign wealth funds from the Gulf are exporting capital, influencing international capital flows. Cantor addresses the adjustments investors and corporates are making in response to global trade volatility and tariffs. The rapid evolution of technology, especially AI, is seen as a significant factor in connecting the world despite emerging barriers. The conversation highlights opportunities arising from regionalization and the need for reciprocal capital allocation.