Cultural Development Fund Is Strategic Partner for FII Institute

The signing ceremony in London. (FII Institute)
The signing ceremony in London. (FII Institute)
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Cultural Development Fund Is Strategic Partner for FII Institute

The signing ceremony in London. (FII Institute)
The signing ceremony in London. (FII Institute)

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.



Saudi Crown Prince, European Leaders Discuss Regional Escalation

Saudi Crown Prince Mohammed bin Salman bin Abdulaziz Al Saud. SPA
Saudi Crown Prince Mohammed bin Salman bin Abdulaziz Al Saud. SPA
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Saudi Crown Prince, European Leaders Discuss Regional Escalation

Saudi Crown Prince Mohammed bin Salman bin Abdulaziz Al Saud. SPA
Saudi Crown Prince Mohammed bin Salman bin Abdulaziz Al Saud. SPA

Prince Mohammed bin Salman bin Abdulaziz Al Saud, Saudi Crown Prince and Prime Minister, received a phone call on Sunday from French President Emmanuel Macron.

During the call, the two leaders discussed the latest regional developments, including the repercussions of the Israeli attack on and the US targeting of Iranian nuclear facilities earlier Sunday.

The Crown Prince reaffirmed the Kingdom’s firm position, calling for the utmost restraint, the avoidance of escalation, and the resolution of all differences through diplomatic means.

The Saudi Crown Prince also received a phone call from Italian Prime Minister Giorgia Meloni.

Durincg the call, they discussed the latest developments in the region, and stressed the importance of restraint and de-escalation.