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.



Hajj Pilgrims Perform Stoning of Devil at Jamarat on First Day of Tashreeq

This handout satellite picture obtained from Planet Labs PBC and taken early on June 6, 2025 shows the Jamarat bridge in Mina on the first day of Eid al-Adha, the feast of sacrifice, and during the annual Hajj pilgrimage. (Planet Labs PBC / AFP)
This handout satellite picture obtained from Planet Labs PBC and taken early on June 6, 2025 shows the Jamarat bridge in Mina on the first day of Eid al-Adha, the feast of sacrifice, and during the annual Hajj pilgrimage. (Planet Labs PBC / AFP)
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Hajj Pilgrims Perform Stoning of Devil at Jamarat on First Day of Tashreeq

This handout satellite picture obtained from Planet Labs PBC and taken early on June 6, 2025 shows the Jamarat bridge in Mina on the first day of Eid al-Adha, the feast of sacrifice, and during the annual Hajj pilgrimage. (Planet Labs PBC / AFP)
This handout satellite picture obtained from Planet Labs PBC and taken early on June 6, 2025 shows the Jamarat bridge in Mina on the first day of Eid al-Adha, the feast of sacrifice, and during the annual Hajj pilgrimage. (Planet Labs PBC / AFP)

Hajj pilgrims were performing the symbolic stoning of the devil on the first day of Tashreeq on Saturday.

They will stone the devil with three pebbles at Jamarat after having had performed the first phase of the stoning on Friday and ending their state of Ihram.

Also on Friday, which was the first day of Eid al-Adha, the pilgrims performed the Ifada tawaf of the holy Kaaba at the Grand Mosque in Makkah. Before that, they had ascended Mount Arafat on Thursday – considered the peak of the Hajj.

The Saudi Interior Ministry has called on pilgrims to follow the designated paths that connect each area where rituals are performed.

It also called on them to follow the set timetable for each ritual.

An Interior Ministry spokesman said on Friday that the security forces continue to perform their duties in protecting the pilgrims and ensuring their safety as they carry out the sacred rituals.

For pilgrims seeking to depart on the second day of Tashreeq, he urged them to remain in their tents until their departure times.

He underscored the Interior Ministry’s continued security and organizational efforts to ensure the safety of the pilgrims as they complete their holy journey.