Future Investment Initiative Invests in Humanity

The Future Investment Initiative (FII) logo
The Future Investment Initiative (FII) logo
TT

Future Investment Initiative Invests in Humanity

The Future Investment Initiative (FII) logo
The Future Investment Initiative (FII) logo

The Future Investment Initiative (FII), the largest global forum of its kind in the Middle East, organized by Saudi Arabia, announced its fifth edition in Riyadh on October 26-28 under the theme "Invest in Humanity."

According to a statement issued by the organizers, the event brings together world leaders, experts, innovators, and media in a global forum to explore pioneering solutions addressing society's challenges and propel action towards their realization.

Yasir al-Rumayyan, chairman of the FII Institute board of trustees, indicated that the success of FII to date is a testament to the eagerness of the private and public sectors to play an active role in addressing the issues we face as a global community.

“By leveraging the enormous economic opportunities that will lie ahead in the post-Covid era, we will also catalyze the changes needed to achieve an equitable, prosperous future for all," said Rumayyan, who is also the Governor of the Public Investment Fund (PIF).

FII Institute CEO Richard Attias said: "As the world acknowledges the need for sustainable change, investors and leaders are looking for the right avenues to contribute in a way that creates both value and impact.”

The “Neo-Renaissance” of the global economy exploring in January during the fourth edition of FII, is now emerging, and the FII fifth anniversary edition will be a unique call to action, asserted Attias.

The most recent edition of FII, which took place in a hybrid format in January 2021, across global hubs, assembled over 200 speakers, 15,000 attendees from 130 nations, and the on-ground participation of a group of government and industry leaders, at the headquarters in Riyadh.



Egypt's Government Says Strategic Wheat Reserves Good for 4 Months

FILE PHOTO: A wheat crop ready for harvest in a farmer’s field near Kindersley, Saskatchewan, Canada September 5, 2024. REUTERS/Todd Korol/File Photo
FILE PHOTO: A wheat crop ready for harvest in a farmer’s field near Kindersley, Saskatchewan, Canada September 5, 2024. REUTERS/Todd Korol/File Photo
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Egypt's Government Says Strategic Wheat Reserves Good for 4 Months

FILE PHOTO: A wheat crop ready for harvest in a farmer’s field near Kindersley, Saskatchewan, Canada September 5, 2024. REUTERS/Todd Korol/File Photo
FILE PHOTO: A wheat crop ready for harvest in a farmer’s field near Kindersley, Saskatchewan, Canada September 5, 2024. REUTERS/Todd Korol/File Photo

Egypt has strategic wheat reserves that are sufficient for four months of local consumption, according to a statement by the Egyptian Cabinet issued on Saturday.

It said the strategic sugar reserves were sufficient for 13.5 months, while vegetable oil reserves were enough for 6.3 months.