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 Arabia Expresses Concern Over India-Pakistan Escalation

Indian security personnel inspect the site of a militant attack on tourists at Pahalgam in Indian controlled Kashmir, Wednesday, April 23, 2025. (AP Photo, File)
Indian security personnel inspect the site of a militant attack on tourists at Pahalgam in Indian controlled Kashmir, Wednesday, April 23, 2025. (AP Photo, File)
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Saudi Arabia Expresses Concern Over India-Pakistan Escalation

Indian security personnel inspect the site of a militant attack on tourists at Pahalgam in Indian controlled Kashmir, Wednesday, April 23, 2025. (AP Photo, File)
Indian security personnel inspect the site of a militant attack on tourists at Pahalgam in Indian controlled Kashmir, Wednesday, April 23, 2025. (AP Photo, File)

Saudi Arabia on Wednesday expressed concern over the escalating tension between India and Pakistan and the continued exchange of fire along the border areas.
A statement issued by the Saudi Foreign Ministry said the Kingdom called on both nations to de-escalate and resolve their disagreements through diplomatic channels.

It also called on them to uphold the principles of good neighborliness, and strive for stability and peace in a manner that serves the interests of their people and the region.