{"id":1417,"date":"2019-11-02T00:00:00","date_gmt":"2019-11-02T00:00:00","guid":{"rendered":"https:\/\/fii-institute.org\/press\/second-day-of-fii-2019-addresses-key-industry-challenges-for-tomorrow\/"},"modified":"2022-09-07T21:06:42","modified_gmt":"2022-09-07T21:06:42","slug":"second-day-of-fii-2019-addresses-key-industry-challenges-for-tomorrow","status":"publish","type":"press","link":"https:\/\/fii-institute.org\/ar\/press\/second-day-of-fii-2019-addresses-key-industry-challenges-for-tomorrow\/","title":{"rendered":"Second Day Of FII 2019 Addresses Key Industry Challenges For Tomorrow"},"content":{"rendered":"

Riyadh, January 30\u200b, 2019<\/strong>: Policy makers and business leaders from across the Arab World, Africa, North America and Europe addressed delegates in Riyadh on the second day of the 2019 Future Investment Initiative (FII), examining the importance of creating genuinely global platforms and new models for tomorrow.\u200b<\/p>\n\n\n\n

\u2022 In a panel focusing on \u201cWhat\u2019s Next for Africa,\u201d HE Muhammadu Buhari, President of Nigeria, HE Mahamadou Issoufou, President of Niger, HE Uhuru Kenyatta, President of Kenya, discussed a roadmap to promote universal connectivity and intracontinental trade, with a goal to drive inclusive growth and public-sector reform. Mr Kenyatta\u2019s statement that \u201cAfrica wants to be a friend to all and is open to business\u201d was met with a round of applause by the audience.<\/p>\n\n\n\n

\u2022 Inspiring new generations was the focal point of conversation in today\u2019s afternoon panels examining the move toward deep tech, the future of space exploration, and the world of entertainment. Astronaut Terry W. Virts Jr. told the audience about the reaction he sees internationally, saying that \u201cI speak around the world, and there\u2019s excitement everywhere I go\u201d. Likewise, when asked for his advice to young aspiring Saudi filmmakers, film director Oliver Stone told them to \u201cgo ahead and make the film\u2026 you will get an audience\u201d.<\/p>\n\n\n\n

\u2022 HRH Prince Abdulaziz bin Turki bin Faisal Al Saud, Chairman, Saudi General Sports Authority also pointed to the demand that the country\u2019s young population was creating in the sports industry, highlighting that \u201cwith 70% of the Saudi population under the age of 35 there’s a demand for sporting events and they’re a platform for growth \u2013 we aim to create 130,000 jobs by 2030\u201d.<\/p>\n\n\n\n

\u2022 This afternoon\u2019s sessions saw conversations shared between HE Mohammed Al Ahbabi, Director-General, United Arab Space Agency, UAE and Richard Arnold, Managing Director, Manchester United Group, UK.<\/p>\n\n\n\n

\u2022 Other prominent figures participating in discussions include Masayoshi Son, Founder & CEO, Softbank, Japan, Patrice Caine, Chairman & CEO, Thales Group, France, Sir Martin Sorrell, Executive Chairman, S4 Capital, UK, HE Mohammed Rashed Al Nasri, Chairman, Gulf Islamic Investments LLC, UAE, Erik Kaas, Chairman, Europe, Partners Group, Switzerland, Iqbal Khan, CEO, Fajr Capital Limited, UAE, Shiv Vikram Khemka, Vice Chairman, SUN Group, India, Patrick Zhong, Founding Managing Partner, M31 Capital, China.<\/p>\n\n\n\n

\u2022 FII was created to drive conversation and collaboration around some of the most pressing topics currently facing the world today \u2013 including sustainability, technology and the future of society. FII is dedicated to providing a truly inclusive platform that facilitates free and creative dialogue between policymakers, business leaders, investors, innovators and world-leaders.<\/p>\n\n\n\n

For more information about the FII 2019 program and speakers, please visit the FII website
www.futureinvesmentinitiative.com<\/a>\u200b<\/p>\n\n\n\n

\u200bENDS<\/p>\n\n\n\n

\u2022 \u200b\u200bDay Two in Quotes<\/strong>
Alireza Zaimi, Head of Corporate Finance at PIF \u201cHere in Saudi Arabia we have it all \u2013 we have the vision, we have the means to deliver on it, and we\u2019re starting from a very strong and sustainable position.\u201d
Masayoshi Son, Founder & CEO, SoftBank \u201cToday I would say AI applies to around 10% of tasks while the human brain still beats it for 90%. This will change dramatically over the next 30 years as computing power increases.”
Alexander Shulgin, Founder & CEO, Familia.ru \u201cBitcoin wasn\u2019t created for fintech. In 1999, when I started to understand P2P tech, it was used for things like music. In a way, media and entertainment content is the father of decentralized technology.\u201d
Terry W. Virts Jr., Astronaut\/Commander Int. Space Station\/Film Director, NASA, USA \u201cWe all share the same sky \u2013 it doesn\u2019t matter which continent you\u2019re from, we all look up and see the same moon. It unites and excites us, and it\u2019s a great way to motivate our youth.\u201d\u200b<\/p>\n\n\n\n

\u2022 website: www.futureinvestmentinitiative.com<\/a><\/p>\n\n\n\n

\u2022 Social Media Platforms<\/p>\n\n\n\n

\u2022 <\/strong>Twitter: https:\/\/twitter.com\/FIIKSA<\/a><\/p>\n\n\n\n

\u2022 LinkedIn: https:\/\/www.linkedin.com\/showcase\/18176488<\/a><\/p>\n\n\n\n

\u2022 YouTube: https:\/\/www.youtube.com\/channel\/UCXEQ3MCLUTyUv_Hk_XLyC6g<\/a><\/p>\n\n\n\n

\u2022 Media Contact:<\/strong> media@futureinvestmentinitiative.com <\/a><\/p>\n\n\n\n

\u2022 About the Future Investment Initiative<\/strong>
Convened annually, the Future Investment Initiative (FII) is an international platform for expert-led debate between global leaders, investors and innovators with the power to shape the future of global investment. It is focused on utilizing investment to drive growth opportunities, enable innovation and disruptive technologies, and address global challenges<\/p>\n\n\n\n

\u2022 The third edition of FII will continue building active, global networks of influential decision makers to explore the emerging industries that will shape the global economy and investment landscape over the coming decades.<\/p>\n\n\n\n

\u2022 and governments as well as economic leaders since it was launched in 2017. Building on the theme of \u2018A Blueprint for the 22nd Century\u2019, the second edition of FII in 2018 saw more than USD60 billion (SAR225 billion) worth of agreements announced over the three days of the event. These agreements included major investments across a range of sectors, including energy, housing, health and ICT. FII 2018 attracted more than 3,500 participants from 88 countries, including representation from eight heads of state and more than 20 international ministers. In addition, more than 2.6 million viewers worldwide followed FII 2018 through the event\u2019s livestream.<\/p>\n\n\n\n

\u2022 FII is powered by the Public Investment Fund, the Kingdom\u2019s main investment arm and one of the world\u2019s leading sovereign wealth funds.<\/p>\n\n\n\n

\u2022 About PIF<\/strong>
The Public Investment Fund (PIF) is one of the largest and most impactful sovereign wealth funds in the world, enabling the creation of new sectors and opportunities that will shape the future global economy, while driving the economic transformation of Saudi Arabia. PIF is building a world-class, diversified portfolio through investments in attractive, long-term opportunities across sectors and asset classes at both the domestic and international level. Working alongside global strategic partners and renowned investment managers, PIF acts as the Kingdom\u2019s main investment arm to deliver a strategy focused on achieving attractive financial returns and long-term value for the Kingdom of Saudi Arabia, in line with Vision 2030. More information can be found at www.pif.gov.sa<\/a><\/p>","protected":false},"excerpt":{"rendered":"

\u200b\u200b\u200b\u200b\u200b\u200b\u200b\u200b\u200b\u2022 \u200b\u200b\u200bSecond day panels focused on the future of investment for deep tech, space exploration and sport\u2022 Delegation including HE Muhammadu Buhari, President of Nigeria, HE Mahamadou Issoufou, President of Niger, HE Uhuru Kenyatta, President of Kenya discuss roadmap for African continent\u2022 Panelists discuss how visionary new projects and alliances will inspire the next wave of commerce and globalization\u200b\u200b\u200b\u200b\u200b\u200b\u200b\u200b\u200b\u200b\u200b\u200b\u200b\u200b\u200b\u200b\u2022 rn Riyadh, January 30\u200b, 2019: Policy makers and business leaders from across the Arab World, Africa, North America and Europe addressed delegates in Riyadh on the second day of the 2019 Future Investment Initiative (FII), examining the importance of creating genuinely global platforms and new models for tomorrow.\u200b\u2022 In a panel focusing on \u201cWhat\u2019s Next for Africa,\u201d HE Muhammadu Buhari, President of Nigeria, HE Mahamadou Issoufou, President of Niger, HE Uhuru Kenyatta, President of Kenya, discussed a roadmap to promote universal connectivity and intracontinental trade, with a goal to drive inclusive growth and public-sector reform. Mr Kenyatta\u2019s statement that \u201cAfrica wants to be a friend to all and is open to business\u201d was met with a round of applause by the audience.\u2022 Inspiring new generations was the focal point of conversation in today\u2019s afternoon panels examining the move toward deep tech, the future of space exploration, and the world of entertainment. Astronaut Terry W. Virts Jr. told the audience about the reaction he sees internationally, saying that \u201cI speak around the world, and there\u2019s excitement everywhere I go\u201d. Likewise, when asked for his advice to young aspiring Saudi filmmakers, film director Oliver Stone told them to \u201cgo ahead and make the film\u2026 you will get an audience\u201d.\u2022 HRH Prince Abdulaziz bin Turki bin Faisal Al Saud, Chairman, Saudi General Sports Authority also pointed to the demand that the country\u2019s young population was creating in the sports industry, highlighting that \u201cwith 70% of the Saudi population under the age of 35 there’s a demand for sporting events and they’re a platform for growth \u2013 we aim to create 130,000 jobs by 2030\u201d.\u2022 This afternoon\u2019s sessions saw conversations shared between HE Mohammed Al Ahbabi, Director-General, United Arab Space Agency, UAE and Richard Arnold, Managing Director, Manchester United Group, UK.\u2022 Other prominent figures participating in discussions include Masayoshi Son, Founder & CEO, Softbank, Japan, Patrice Caine, Chairman & CEO, Thales Group, France, Sir Martin Sorrell, Executive Chairman, S4 Capital, UK, HE Mohammed Rashed Al Nasri, Chairman, Gulf Islamic Investments LLC, UAE, Erik Kaas, Chairman, Europe, Partners Group, Switzerland, Iqbal Khan, CEO, Fajr Capital Limited, UAE, Shiv Vikram Khemka, Vice Chairman, SUN Group, India, Patrick Zhong, Founding Managing Partner, M31 Capital, China.\u2022 FII was created to drive conversation and collaboration around some of the most pressing topics currently facing the world today \u2013 including sustainability, technology and the future of society. FII is dedicated to providing a truly inclusive platform that facilitates free and creative dialogue between policymakers, business leaders, investors, innovators and world-leaders.For more information about the FII 2019 program and speakers, please visit the FII websitewww.futureinvesmentinitiative.com\u200brn\u200bENDS\u2022 \u200b\u200bDay Two in QuotesrnAlireza Zaimi, Head of Corporate Finance at PIF \u201cHere in Saudi Arabia we have it all \u2013 we have the vision, we have the means to deliver on it, and we\u2019re starting from a very strong and sustainable position.\u201drnMasayoshi Son, Founder & CEO, SoftBank \u201cToday I would say AI applies to around 10% of tasks while the human brain still beats it for 90%. This will change dramatically over the next 30 years as computing power increases."rnAlexander Shulgin, Founder & CEO, Familia.ru \u201cBitcoin wasn\u2019t created for fintech. In 1999, when I started to understand P2P tech, it was used for things like music. In a way, media and entertainment content is the father of decentralized technology.\u201drnTerry W. Virts Jr., Astronaut\/Commander Int. Space Station\/Film Director, NASA, USA \u201cWe all share the same sky \u2013 it doesn\u2019t matter which continent you\u2019re from, we all look up and see the same moon. It unites and excites us, and it\u2019s a great way to motivate our youth.\u201d\u200b \u2022 website: www.futureinvestmentinitiative.com\u2022 Social Media Platforms\u2022 rn Twitter: rn https:\/\/twitter.com\/FIIKSA\u2022 LinkedIn: rn https:\/\/www.linkedin.com\/showcase\/18176488\u2022 YouTube: rn https:\/\/www.youtube.com\/channel\/UCXEQ3MCLUTyUv_Hk_XLyC6g\u2022 rn Media Contact: media@futureinvestmentinitiative.com \u2022 rn About the Future Investment Initiative Convened annually, the Future Investment Initiative (FII) is an international platform for expert-led debate between global leaders, investors and innovators with the power to shape the future of global investment. It is focused on utilizing investment to drive growth opportunities, enable innovation and disruptive technologies, and address global challenges\u2022 The third edition of FII will continue building active, global networks of influential decision makers to explore the emerging industries that will shape the global economy and investment landscape over the coming decades.\u2022 and governments as well as economic leaders since it was launched in 2017. Building on the theme of \u2018A Blueprint for the 22nd Century\u2019, the second edition of FII in 2018 saw more than USD60 billion (SAR225 billion) worth of agreements announced over the three days of the event. These agreements included major investments across a range of sectors, including energy, housing, health and ICT. FII 2018 attracted more than 3,500 participants from 88 countries, including representation from eight heads of state and more than 20 international ministers. In addition, more than 2.6 million viewers worldwide followed FII 2018 through the event\u2019s livestream.\u2022 FII is powered by the Public Investment Fund, the Kingdom\u2019s main investment arm and one of the world\u2019s leading sovereign wealth funds. \u2022 rn About PIF The Public Investment Fund (PIF) is one of the largest and most impactful sovereign wealth funds in the world, enabling the creation of new sectors and opportunities that will shape the future global economy, while driving the economic transformation of Saudi Arabia. PIF is building a world-class, diversified portfolio through investments in attractive, long-term opportunities across sectors and asset classes at both the domestic and international level. Working alongside global strategic partners and renowned investment managers, PIF acts as the Kingdom\u2019s main investment arm to deliver a strategy focused on achieving attractive financial returns and long-term value for the Kingdom of Saudi Arabia, in line with Vision 2030. More information can be found at rn www.pif.gov.sa<\/p>","protected":false},"author":1,"featured_media":0,"template":"","categories":[],"tags":[],"class_list":["post-1417","press","type-press","status-publish","hentry"],"acf":[],"_links":{"self":[{"href":"https:\/\/fii-institute.org\/ar\/wp-json\/wp\/v2\/press\/1417","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/fii-institute.org\/ar\/wp-json\/wp\/v2\/press"}],"about":[{"href":"https:\/\/fii-institute.org\/ar\/wp-json\/wp\/v2\/types\/press"}],"author":[{"embeddable":true,"href":"https:\/\/fii-institute.org\/ar\/wp-json\/wp\/v2\/users\/1"}],"wp:attachment":[{"href":"https:\/\/fii-institute.org\/ar\/wp-json\/wp\/v2\/media?parent=1417"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/fii-institute.org\/ar\/wp-json\/wp\/v2\/categories?post=1417"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/fii-institute.org\/ar\/wp-json\/wp\/v2\/tags?post=1417"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}