Cultural Development Fund Is Strategic Partner for FII Institute

The signing ceremony in London. (FII Institute)
The signing ceremony in London. (FII Institute)
TT
20

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.



Mohammed bin Salman Renews Saudi Arabia’s Condemnation of Barbaric Practices against Palestinians

Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince and Prime Minister, and Palestinian President Mahmoud Abbas meet in Riyadh. (SPA file photo)
Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince and Prime Minister, and Palestinian President Mahmoud Abbas meet in Riyadh. (SPA file photo)
TT
20

Mohammed bin Salman Renews Saudi Arabia’s Condemnation of Barbaric Practices against Palestinians

Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince and Prime Minister, and Palestinian President Mahmoud Abbas meet in Riyadh. (SPA file photo)
Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince and Prime Minister, and Palestinian President Mahmoud Abbas meet in Riyadh. (SPA file photo)

Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince and Prime Minister, reiterated on Monday Saudi Arabia’s condemnation of the crimes and barbaric practices against and attempts to displace the Palestinian people.

In a telephone call with Palestinian President Mahmoud Abbas, he underlined the need for the international community to address the disastrous repercussions of the Israeli aggression and to protect civilians.

For his part, Abbas expressed deep appreciation for the Kingdom’s efforts and principled positions, under the leadership of Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud and the Crown Prince, which led many countries to commit to recognizing the State of Palestine.

He praised the Kingdom’s leadership for its intense efforts to coordinate positions to secure the broadest international support for the Palestinian cause during the New York conference, and for its consistent stance and ongoing efforts to stand with the Palestinian people and their just cause.

The leaders reviewed the developments in Gaza Strip and their security and humanitarian ramifications.