Future Investment Initiative Examines Mechanisms to Reimagine New Global Economy

Participants walk during the Future Investment Initiative conference in Riyadh, Saudi Arabia October 24, 2017. REUTERS/Faisal Al Nasser/File Photo
Participants walk during the Future Investment Initiative conference in Riyadh, Saudi Arabia October 24, 2017. REUTERS/Faisal Al Nasser/File Photo
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Future Investment Initiative Examines Mechanisms to Reimagine New Global Economy

Participants walk during the Future Investment Initiative conference in Riyadh, Saudi Arabia October 24, 2017. REUTERS/Faisal Al Nasser/File Photo
Participants walk during the Future Investment Initiative conference in Riyadh, Saudi Arabia October 24, 2017. REUTERS/Faisal Al Nasser/File Photo

The Future Investment Initiative Institute - one of the largest economic forums in the world organized by Saudi Arabia - revealed that it will discuss the mechanisms of the birth of the new global economy after the exceptional circumstances caused by the outbreak of COVID-19 in 2020.

The Institute announced that it would host this month the Fourth Edition of FII to reimagine the global economy amid the COVID-19 pandemic.

Held on Jan. 27-28 at the King Abdulaziz International Conference Center (KAICC) in Riyadh, the conference will host speakers and audiences, who will join physically and virtually from FII satellites in New York, Paris, Beijing, and Mumbai.

“The 4th edition of FII will see the most innovative technologies to facilitate global conversations and to be inclusive at the benefit of all of humanity,” Richard Attias, CEO of the FII Institute, said.

“The FII Institute will act as a catalyst and a pioneer to allow interaction and exchange of disruptive ideas. There has never been a more important time to bring the greatest minds together to harness this opportunity to reimagine our world,” he added.

For his part, Yasser Al-Rumayyan, Chairman of the FII Board of Directors and Governor of the Public Investment Fund (PIF), said: “It is the most appropriate and important time for leaders, investors, and policymakers to meet in order to work together to revitalize the global economy.”



Saudi FM Receives Message on Bilateral Ties from Russian Counterpart 

Saudi Minister of Foreign Affairs Prince Faisal bin Farhan bin Abdullah and his Russian counterpart Sergei Lavrov. (Saudi Foreign Ministry)
Saudi Minister of Foreign Affairs Prince Faisal bin Farhan bin Abdullah and his Russian counterpart Sergei Lavrov. (Saudi Foreign Ministry)
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Saudi FM Receives Message on Bilateral Ties from Russian Counterpart 

Saudi Minister of Foreign Affairs Prince Faisal bin Farhan bin Abdullah and his Russian counterpart Sergei Lavrov. (Saudi Foreign Ministry)
Saudi Minister of Foreign Affairs Prince Faisal bin Farhan bin Abdullah and his Russian counterpart Sergei Lavrov. (Saudi Foreign Ministry)

Saudi Minister of Foreign Affairs Prince Faisal bin Farhan bin Abdullah and his Russian counterpart Sergei Lavrov congratulated each other on Thursday on the centenary of diplomatic relations between their countries.

Vice Minister of Foreign Affairs Waleed Elkhereiji received, on behalf of the foreign minister, a letter from Lavrov during a meeting with Russian Ambassador to the Kingdom Sergey Kozlov in Riyadh.

The diplomats exchanged congratulations on the centenary of diplomatic relations and discussed several issues of common interest.


Saudi Defense Minister Decorates Former CENTCOM Commander with King Abdulaziz Medal 

Saudi Minister of Defense Prince Khalid bin Salman bin Abdulaziz and former Commander of the United States Central Command (CENTCOM) retired General Michael Kurilla during the ceremony in Riyadh on Thursday. (SPA)
Saudi Minister of Defense Prince Khalid bin Salman bin Abdulaziz and former Commander of the United States Central Command (CENTCOM) retired General Michael Kurilla during the ceremony in Riyadh on Thursday. (SPA)
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Saudi Defense Minister Decorates Former CENTCOM Commander with King Abdulaziz Medal 

Saudi Minister of Defense Prince Khalid bin Salman bin Abdulaziz and former Commander of the United States Central Command (CENTCOM) retired General Michael Kurilla during the ceremony in Riyadh on Thursday. (SPA)
Saudi Minister of Defense Prince Khalid bin Salman bin Abdulaziz and former Commander of the United States Central Command (CENTCOM) retired General Michael Kurilla during the ceremony in Riyadh on Thursday. (SPA)

Saudi Minister of Defense Prince Khalid bin Salman bin Abdulaziz bestowed on Thursday the King Abdulaziz Medal of Excellent Class upon former Commander of the United States Central Command (CENTCOM) retired General Michael Kurilla.

The medal was awarded at the directives of Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud.

The ceremony took place at the defense minister's office in Riyadh.


Saudi Crown Prince Performs Prayers at Prophet's Mosque in Madinah 

Prince Mohammed bin Salman bin Abdulaziz Al Saud, Saudi Crown Prince and Prime Minister, and other officials perform prayers at the Prophet's Mosque in Madinah on Friday. (SPA)
Prince Mohammed bin Salman bin Abdulaziz Al Saud, Saudi Crown Prince and Prime Minister, and other officials perform prayers at the Prophet's Mosque in Madinah on Friday. (SPA)
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Saudi Crown Prince Performs Prayers at Prophet's Mosque in Madinah 

Prince Mohammed bin Salman bin Abdulaziz Al Saud, Saudi Crown Prince and Prime Minister, and other officials perform prayers at the Prophet's Mosque in Madinah on Friday. (SPA)
Prince Mohammed bin Salman bin Abdulaziz Al Saud, Saudi Crown Prince and Prime Minister, and other officials perform prayers at the Prophet's Mosque in Madinah on Friday. (SPA)

Prince Mohammed bin Salman bin Abdulaziz Al Saud, Saudi Crown Prince and Prime Minister, visited the Prophet's Mosque in Madinah on Friday to perform prayers.

He received upon his arrival by President of Religious Affairs at the Grand Mosque and the Prophet's Mosque Sheikh Dr. Abdulrahman Al-Sudais, Minister of Hajj and Umrah Tawfig Al-Rabiah, and a number of the mosque's imams and preachers.

Crown Prince Mohammed was accompanied by Governor of the Madinah Region Prince Salman bin Sultan bin Abdulaziz, Minister of State and Cabinet Member Prince Turki bin Mohammed bin Fahd bin Abdulaziz, Deputy Governor of the Riyadh Region Prince Mohammed bin Abdulrahman bin Abdulaziz, Deputy Governor of the Madinah Region Prince Saud bin Nahar bin Saud bin Abdulaziz, Prince Saud bin Salman bin Abdulaziz, Minister of Culture Prince Bader bin Abdullah bin Farhan, and several other officials.

Earlier, in Riyadh, Crown Prince Mohammed received at the Al-Yamamah Palace Saudi Arabia's grand mufti, several princes, scholars, ministers, and a number of citizens who came to extend their congratulations on the occasion of Ramadan. 

The Crown Prince prayed to Allah Almighty to accept everyone's fasting and righteous deeds, and to bless the Kingdom with continued security, stability, and prosperity under the leadership of Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud.