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 Foreign Minister Receives UNRWA Commissioner-General

Saudi FM receives UNRWA Commissioner-General. (SPA)
Saudi FM receives UNRWA Commissioner-General. (SPA)
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Saudi Foreign Minister Receives UNRWA Commissioner-General

Saudi FM receives UNRWA Commissioner-General. (SPA)
Saudi FM receives UNRWA Commissioner-General. (SPA)

Saudi Minister of Foreign Affairs Prince Faisal bin Farhan bin Abdullah received on Wednesday the United Nations Relief and Works Agency for Palestine Refugees in the Near East (UNRWA) Commissioner-General, Philippe Lazzarini.
During the meeting, both sides discussed the strong partnership between the Kingdom and UNRWA. They also reviewed recent regional developments and the ongoing efforts to address key challenges related to these issues.
In a related context, Arab reactions continue after Israel’s publications of maps annexing parts of Jordan, Lebanon and Syria.
Saudi Arabia’s Ministry of Foreign Affairs slammed Israel’s “extremist” acts that reflect Israel’s “intentions to consolidate its occupation and continue its flagrant violation of the sovereignty of those nations.”
Saudi Arabia reiterated its call for the international community to fulfill its role in halting Israel’s violations against the countries and peoples of the region.
The Kingdom emphasized the importance of respecting the sovereignty and borders of nations to prevent further escalation of regional crises and to support efforts aimed at achieving a just and comprehensive peace.

The Secretary-General of the Arab League, Ahmed Aboul Gheit, also issued a strong condemnation of Israel’s maps publications, saying it “reflects a state of right-wing extremism and religious obsession prevailing within the Israeli government”.