The Cultural Development Fund signed a strategic partnership agreement with the Future Investment Initiative (FII) Institute, reported the Saudi Press Agency on Thursday
The agreement was signed during its first international summit in London, entitled "Social, Environmental and Comprehensive Corporate Governance in Emerging Markets".
It aims to activate the Fund's pioneering role by supporting investment and development fields in the cultural sector.
The signing ceremony took place in the presence of the head of the Strategy Sector representing the Fund, Naglaa bint Suleiman Al-Numeer, and FII Institute CEO Richard Attias.
CEO of the Cultural Development Fund, Mohammed bin Abdurrahman Dayel said the Fund's participation in this huge global economic event will help strengthen its position among global financial and investment institutions, and highlight investment opportunities in the culture sector.
Attias expressed his great happiness with this partnership, stressing that the strategic partners have unique experience in various fields.
This will help support the FII's mission as a global non-profit organization in making a positive impact that serves humanity.
Collectively, through its four domains, Artificial Intelligence, Robotics, Education, Healthcare and Sustainability, each partner has its pivotal efforts to achieve this goal, he added.