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Future Investment Initiative Forum Kicks off in Riyadh

Future Investment Initiative Forum Kicks off in Riyadh

Tuesday, 26 October, 2021 - 17:00
Crown Prince Mohammed bin Salman at the FII. (Asharq Al-Awsat)

The fifth edition of the Future Investment Initiative Forum (FII) kicked off in Riyadh on Tuesday.

Crown Prince Mohammed bin Salman, Deputy Prime Minister and Minister of Defense, attended the proceedings alongside numerous global business leaders and investors. The Crown Prince attended a panel discussion held by Greek Prime Minister Kyriakos Mitsotakis.

The three-day FII is held with the participation of more than 2,000 missions and 5,000 participants of decision makers, company leaders, policy makers, investors and innovators from across the world.

Member of FII Institute Board of Trustees Dr. Ghadah Al-Muteiri delivered a speech on behalf of Chairman of the Board of Trustees Yasir bin Othman Al-Rumayyan, during which she noted that the fifth edition brings together minds in one of the best areas of the world with the aim of making a positive impact on humanity.

She said the coronavirus (COVID-19) pandemic made it clear that what is happening in one corner of the world can change the life on the other corner, adding that the initiative will discuss places of weakness, policies and human health.

She also highlighted the importance of effecting a measurable sustainable growth for the future generations, noting that the initiative aims at encouraging the international community to make more investment to realize more profits in the future.

The initiative discusses partnerships that can contribute to gathering all points of strength, how to distribute capitals and employing them in technologies and strategies that can bridge the global gaps and opportunity gaps, she said. It also focused on new economies, innovation, providing jobs, protecting resources with increasing procedures to deal with the climate and environment protection.

Dr. Al-Muteiri said: “Economy and environment must have strengths; low-carbon economy is an investment and opportunity at the same time, in addition to developing resources necessary for the energy safety, especially that sustainability is a main pillar to create a clearer and safer world, a healthier community and a healthier economy.”

She also noted that FII is committed to the human future and to ways and methods that make life safer, calling for looking at the initiative as a platform for cooperation and partnership, pointing out that among the initiative’s priorities are healthcare, artificial intelligence, robotics, and providing solutions that help make the world greener, safer, and healthier.

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