30 October, 2024 – Riyadh: FII Institute, a global non-profit foundation driven by data and one agenda, Impact on Humanity, and Premium Residency Center, a government entity that is responsible for managing all matters related to the Premium Residency in Kingdom of Saudi Arabia, have announced a strategic partnership aimed to drive investment in line with the goals of Saudi Vision 2030. With this collaboration, FII Institute and Premium Residency will leverage their combined expertise and resources to boost Saudi Arabia’s position as a global hub, attracting the brightest minds and investments.
The Premium Residency Center offers a range of residency products tailored to attract foreign skilled talents, investors, and entrepreneurs. These offerings are designed to facilitate knowledge transfer and foster collaboration across various sectors, ultimately contributing to the national economy and the Kingdom’s vision. A signing ceremony was held in the presence of Mr. Richard Attias, the Chief Executive Officer of FII Institute and Mohammad Al-Sultan, the Chief Executive Officer of Premium Residency Center.
Overall, the FII Institute supports the development of innovative solutions and empowers entrepreneurs through investments and grassroots initiatives. The FII Institute actively works to address pressing global issues such as climate change, sustainable development, and social impact through academic publications, dialogue, and investments in various sectors.
This strategic partnership further aligns with the highly anticipated FII8 conference being held under the theme “Infinite Horizons: Investing Today, Shaping Tomorrow, where the world’s brightest minds of visionaries, policymakers, leaders, top CEOs, investors, academia, NGOs, entrepreneurs, innovators, scientists, activists, and media will convene to share global perspectives, unlocking new frontiers for human advancement and impactful innovation.
Richard Attias, CEO of the FII Institute, celebrated this partnership stating, “This strategic partnership marks a significant milestone in our journey to build a more sustainable world. By combining our expertise, we can drive positive change and create economic growth and diversification through investments in humanity.”
Mohammad Al-Sultan, CEO of the Premium Residency Center noted, “This strategic collaboration with the FII Institute represents a significant step in our commitment to attract investments and skilled professionals to Saudi Arabia. Together, we aim to drive economic growth and support the Kingdom’s ambitious goals under Vision 2030, further driving the country’s economic transformation by creating employment opportunities and fostering knowledge transfers, ensuring a vibrant future for all sectors.”
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About FII Institute:
The Future Investment Initiative (FII) Institute is a global non-profit foundation with an investment arm and one agenda: Impact on Humanity. Global, inclusive, and driven by data: we foster great minds from around the world and turn ideas into real-world solutions and actions in four critical areas: Artificial Intelligence (AI) and Robotics, Education, Healthcare and Sustainability.
About Premium Residency Center
The Premium Residency Center was established in January 2019 by a resolution of the Council of Ministers. It is a government entity in the Kingdom of Saudi Arabia that offers residency products that grants the expatriates the right of residence in the Kingdom, employment, ownership of real estate and engagement in commercial activities. It aims to contribute to the national economy by boosting the Kingdom’s position as a global hub for attracting talents, investors, and entrepreneurs, while retaining them.
