FAVS
FII Institute and Amundi Enter into ESG Research MOU
14.04.2021
• FII-Institute and Amundi Enter into ESG Research MoU Future Investment Initiative Institute “FII-Institute”, a global not-for-profit foundation and action-oriented institution based in Riyadh, has entered into a Memorandum of Understanding (MoU) with Amundi, theleading European asset manager, to cooperate on Environmental, Social, and Governance (ESG) Research. Riyadh, April 15th, 2021 – The FII-Institute,a new generation of not-for-profit global foundation that seeks to empower the world’s brightest ideas to materialize and scale sustainably, has entered into an MoU withAmundi, the leading European asset manager,to conductresearch together in the field of ESG, with the objective of improving and driving positive change for humanity.
• The FII-Instituteis mandated to transform innovative research/projects into actionable solutions that tackle major societal issues, and Amundi, will partner on conducting and publishing joint research on ESG in Emerging Markets.
• The memorandum was signed by Jean-Jacques Barbéris, Head of Corporate and Institutional Clients Division and ESG, Amundi, and Richard Attias, CEO of the FII-Institute, at the FII-Institute’sinaugural ESG virtual conference under the theme of “Neo Renaissance: Mobilizing ESG for a Sustainable Future.” The ESG conference offersinsights into how to boost participation of emerging markets in ESG and the role of ESG across corporations, retail investing, and monetary policy in pursuit of a sustainable world.
• Jean-Jacques Barbéris, Head of Corporate and Institutional Clients Division and ESG, Amundi, commented, “We are delighted to become an ESG Research partner with the FII-Institute. Amundi brings to this partnership extensive investment experience and deep knowledge of emerging markets. Our conception of ESG is to incentivize companies to engage into the transition we all need. Different approaches are therefore needed depending of geographies and we are happy to develop new research capacities on ESG in emerging markets with FII-Institute.”
• Richard Attias, CEO of the FII-Institute, stated, “We are very pleased to enter into an MoU with Amundi to collaborate on ESG research and focus on emerging markets. This agreement reflects the FII-Institute’s commitment to advance ESG awareness and work with key stakeholders to advance our common sustainability objectives.
ENDS
Riyadh, April 07th, 2021 – The Future Investment Initiative Institute (FII-I) has invested in Lilium as part of a strategy to develop and leverage sustainable and environmentally-friendly alternatives to traditional combustion engines in the air travel industry.
• Lilium is pioneering the Electric Vehicle Take-Off-and-Landing (EVTOL) aircraft segment. These are electric jets that can take off and land vertically – they offer a sustainable and less carbon-intensive way for travelers to beat traffic, hop between cities, and connect regional destinations up to 250 km.
• The Lilium seven-seater jet received the CRI-A01 certification basis last year from the European Aviation Safety Agency (EASA), its primary regulator is pursuing concurrent certification from the U.S. regulator, the Federal Aviation Authority (FAA). The 7-Seater Lilium Jet will be the first model to go into serial production with a cruise speed of 175 miles per hour (280 kph) and a range of more than 155 miles (250 kilometers).
• In addition to the FII-Institute, other investors in the placement include fund manager Baillie Gifford, funds and accounts managed by BlackRock, Tencent, Ferrovial, LGT and its direct impact investing arm Lightrock, Palantir, Atomico and private funds affiliated with PIMCO. The total gross proceeds to the company are expected to be approximately $830 million, including approximately $380 million cash held in trust (assuming minimal redemptions of Qell Acquisition Corp.’s existing public stockholders) and $450 million from the PIPE investment. The Munich-based EVTOL company Lilium, positioned to be a global leader in regional electric air mobility, intends to be listed on the U.S. stock market via a SPAC merger with Qell Acquisition Corp., in a deal valuing the combined company at $3.3 billion pro forma equity value at the $10.00 per share PIPE price.
• The FII Institute is a new class of hybrid Think Tank/Foundation with part of its mission to support the development of technologies to address the biggest social and environmental challenges. The Institute has a global mandate and will be investing directly into deep innovative companies in sustainability and then supporting the growth and impact of those companies.
• Alexander Asseily, Chief Strategy Officer, Lilium, “We view the FII Institute as one of the leading global platforms for sustainable impact investments and a strategic partner who can help drive our vision for an open global architecture for carbon neutral air travel.”
• Richard Attias, CEO of the FII Institute, “our investment in Lilium is aligned with the FII-Institute’s mission: to support initiatives and projects which will have a positive impact on humanity. Our trilogy strategy: Think-Xchange-Act is allowing us to play an active role in the new sustainable economy.
ENDS
Background :
About Lilium
Lilium’s vision is to create a sustainable and accessible mode of high-speed, regional transportation. Using the 7-Seater Lilium Jet, an electric vertical take-off and landing jet, offering leading capacity, low noise and high performance, Lilium is building a transport network and service for people and goods. Working in partnership with world-leading aerospace, technology and infrastructure partners, commercial operations are planned to launch in 2024. Lilium’s 600+-strong team includes over 400 aerospace engineers and a leadership responsible for delivering some of the most successful aircraft in aviation history. Founded in 2015, Lilium’s headquarters and manufacturing facilities are in Munich, Germany, with teams based across Europe and the U.S.
https://lilium.com/newsroom-detail/Lilium-intends-to-list-on-Nasdaq-through-merger-with-qell-and-reveals-serial-aircraft Click on link for the press release on the proposed business combination
https://www.reuters.com/article/us-lilium-m-a-idUSKBN2BM0CQ Click on link for additional information on Lilium
https://lilium.com/ Click on link for additional information on Lilium
Riyadh, Jan. 25th, 2021 – The Future Investment Initiative Institute announced exciting details of the Fourth Edition of the Future Investment Initiative (FII), a multi hub conference themed “The Neo-Renaissance” that brings together bold-thinking CEOs, investors and policymakers to usher in an era of reinvention.
• Senator Matteo Renzi, Former Prime Minister of Italy and member of the Board of Trustees of the FII Institute will share his insights on how he sees the renaissance of our world.
• With the global economy emerging out of its deepest recession since World War II, His Excellency Yasir Al-Rumayyan, FII Institute Chairman and Governor of the Public Investment Fund, Ray Dalio, Co-Chairman and CIO, Bridgewater Associates, Laurence D. Fink, Chairman and CEO, BlackRock, Thomas P. Gottstein, CEO, Credit Suisse Group, and David M. Solomon, Chairman and CEO, Goldman Sachs Group Inc., will consider how the international investment community can leverage the economic downturn to build a stronger, more sustainable future for everyone.
• Usain Bolt, Eight-Time Olympic Gold Medalist from Jamaica, will join the 100 speakers participating virtually from hubs in New York, Paris, Beijing and Mumbai and the 50 attending in-person in Riyadh as they explore how investment and innovation can shape a rebirth of the global economy that will lead to a new chapter for humanity, a “Neo-Renaissance”. Request an invitation to attend the conference.
• Some of the world’s most influential investors and tech pioneers will come together for two days of truly global conversation. Masayoshi Son, Chairman and CEO of SoftBank Group, Stephen A. Schwarzman, Chairman, CEO and Co-Founder, Blackstone, and Dr. Kai-Fu Lee, Co-Founder, Chairman & CEO, Sinovation Ventures, will discuss how AI can be a great engine of economic rebirth, job growth, and solutions to global challenges in healthcare, climate change, and beyond.
• Thomas J. Barrack Jr., Founder and Executive Chairman, Colony Capital, will speak about how investors can shape economic diversification that will lead to resiliency, while H.E. Laurent Fabius, Former President, COP21, Paris Agreement, will explore why now might be a renaissance for the Paris Agreement. As UNESCO estimates that over 1.2 billion children have been affected by school closures during the pandemic, H.R.H Princess Reema bint Bandar bin Sultan Al Saud, the Saudi Ambassador to the US, will look to ways that education can be reimagined.
• H.E. Dr. Rania Al-Mashat, Minister of International Cooperation of Egypt, H.E. Amadou Hott, Minister of the Economy, Planning and Cooperation of Senegal, Mukesh Ambani, Chairman of Reliance Industries Limited, Anand Mahindra, Chairman of Mahindra Group, and Jean Todt, President of Fédération Internationale de l’Automobile, will also be revealing fresh insights.
• Others scheduled to participate include H.R.H. Prince Abdulaziz bin Salman Al Saud, Saudi Minister of Energy, Patrick Pouyanné, Chairman & CEO of TOTAL, Lord Grimstone of Boscobel, Kt, Minister for Investment, UK Department for International Trade, H.E. Sultan Ahmed Bin Sulayem, Group Chairman & CEO of DP World, H.E. Khalid Al-Falih, Minister of Investment of KSA, Jean-Bernard Lévy, Chairman and CEO, Global of EDF Group, Josh Giegel, Co-Founder and CTO of Hyperloop-One, and Anthony Scaramucci, Founder & Managing Partner of SkyBridge Capital.
• In addition, these prominent speakers will participate: Andrew N. Liveris, Special Advisor, Public Investment Fund, KSA, Peggy Johnson, CEO, Magic Leap, USA, Marco Alverà, CEO, Snam, Italy, Ajaypal Singh Banga, Executive Chairman, Mastercard, USA, Noel Quinn, Group CEO, HSBC, UK, H.E. Bruno Le Maire, Minister of Economy, Finance and Recovery, France, H.E. Mohamed Ali Rashed Alabbar, Board of Trustees Member, FII Institute and Founder, Emaar Properties PJSC, UAE, Brendan Bechtel, CEO, Bechtel Group, USA, Lu Zhang, Founder and Managing Partner, Fusion Fund, USA, Patrice Caine, Chairman & CEO, Thales Group, France, Bob Diamond, Founding Partner and CEO, Atlas Merchant Capital, USA, Adam M. Aron, President and CEO, AMC, USA, Cindy Mi, Founder and CEO, VIPKid, China, H.E. Louise Mushikiwabo, Secretary General, Organisation Internationale de la Francophonie, France, Dr. Peter H. Diamandis, Founder and Executive Chairman, XPRIZE Foundation, Board of Trustees Members, FII Institute, USA, Barry S. Sternlicht, CEO, Starwood Capital, USA, H.E. Wamkele Mene, Secretary General, African Continental Free Trade Area, Ghana, and Kirill Dmitriev, CEO, Russian Direct Investment Fund
• On Day 1, speakers in Riyadh and from the hubs will consider how CEOs will re invent work for the post-covid world, investing in the next decade of global health and whether 2021 can be the year that sustainable investing goes mainstream. One session will address how the pandemic should accelerate global trends like the restructuring of international value chains, a focus on reshoring and regional cooperation, which should all boost FDI.
• On Day 2, the conference will shift to what investments will create a generation of space entrepreneurs and if artificial intelligence will lead the resurgence of the global economy. One session will examine how the pandemic is driving digital currency and innovative finance around the world.
ENDS
• About the 4th Edition of FII
• The main program will be livestreamed from Riyadh. Speakers will be filmed and broadcast across all satellite FII cities and on live-streaming platforms.
• There will be keynote addresses, plenary sessions and also breakout discussions at all of the venues.
• Follow along on our social channels with Twitter, LinkedIn, YouTube, Facebook, Instagram conversation with #FIINeoRenaissance.
• About the Future Investment Initiative Institute
• The Future Investment Initiative Institute is a new generation of global not-for-profit foundation that ensures that the world’s brightest ideas find their way to materialize, scale and create positive sustainable Impact on Humanity.
• With an ambitious vision to empower the brightest minds to shape a better future for ALL and with ALL, the FII Institute brings together global leaders and experts to collectively curate and enable concrete ideas that can solve today’s most pressing societal issues while creating long-term platforms to reshape the future of humanity.
• To learn more about the FII Institute, visit http://fii-institute.org. Keep up with latest news by following us on LinkedIn, Twitter(@FIIKSA).
• Interview requests and general media inquiries to: media@fii-institute.org
Riyadh, January 27, 2021: The Future Investment Initiative Institute will use a pioneering XR Studio, an immersive technology that will link speakers at the 4th Edition of FII, a multi-hub conference that will address the theme of “The Neo-Renaissance,’’ with audiences around the world.
•The XR Studio has been installed at King Abdul Aziz International Conference Center (KAICC) for the first time to synchronize and render the conference in real time. By using a system of cameras and virtual sets, it will provide an immersive and inter-connected experience for more than 150 speakers attending in-person in Riyadh and from hubs in New York, Paris, Beijing and Mumbai.
• The virtual sets, created specifically for the occasion, offer futuristic 3D environments dedicated to different themes. Learn more about the FII 4th Edition program and request an invitation to participate in a pioneering new approach to how people exchange bold ideas and innovative solutions.
• The in-person and virtual style of the multi-hub conference is part of an effort by the FII Institute to introduce a new way for convening impact oriented conferences. The conference from January 27-28 will allow policy makers, tech pioneers, investors and executives – 60 in-person in Riyadh and 90 virtually – to discuss how to shape a rebirth of the global economy amid the restrictions imposed by the Covid-19 pandemic.
• ‘’We are narrowing the gap between the physical conferences of the past and the virtual events that have become the new normal during the pandemic,’’ Richard Attias, CEO of the FII Institute, said. “This format will mean that even though we can’t meet in person, we can still mobilize, interact, exchange ideas and challenge current thinking. This is the future of events and conferences – and we are proud that the FII Institute is pioneering this new approach.’’
• The FII Institute was founded in Riyadh to bring together global leaders, tech pioneers, experts and policy makers to enable concrete ideas that can solve today’s most pressing societal issues, while creating long-term platforms to reshape the future sustainably and create a positive impact on humanity.
ENDS
• About the 4th Edition of FII
The two-day conference saw over 150 leaders, investors, tech pioneers and policy makers connect in a new extended reality conference format, hosted by the Future Investment Initiative Institute, in a multi hub event, with an in-person event in Riyadh and hubs in Paris, New York, Mumbai and Beijing.
There will be keynote addresses, plenary sessions and also breakout discussions at all of the venues.
Watch the live stream here: and request an invitation to participate in day two’s program.
Follow along on our social channels with Twitter, LinkedIn, YouTube, Facebook and Instagram and join in the conversation with #FIINeoRenaissance.
About the Future Investment Initiative
The Future Investment Initiative Institute is a new generation of global not-for-profit foundation that ensures the world’s brightest ideas find their way to materialize, scale and create positive sustainable Impact on Humanity.
With an ambitious vision to empower the brightest minds to shape a better future for ALL and with ALL, the FII Institute brings together leaders, investors and policy makers to collectively curate and enable concrete ideas that can solve today’s most pressing societal issues, while creating long-term platforms to reshape the future of humanity.
To learn more about the FII Institute, visit http://fii-institute.org . Keep up with latest news by following us on LinkedIn and LinkedIn.
• Media General Inquiries Contact: media@fii-institute.org
• MoU signed during 4th Edition of the Future Investment Initiative in Riyadh• MoU will advance ESG awareness and performance In the Kingdom•4th Edition of FII is a multi-hub conference platform for expert-led debate • rn Riyadh, January 28, 2021: The Saudi Stock Exchange (Tadawul) and the Future Investment Initiative Institute (FII-Institute) signed a Memorandum of Understanding (MOU) to cooperate on Environmental, Social and Governance (ESG) in an effort to advance ESG awareness and improve performance in the Kingdom.• The agreement entails publishing research, hosting events and engaging with key stakeholders to advance ESG impact in Saudi Arabia.• Eng. Khalid Abdullah Al Hussan, CEO of Tadawul, and Richard Attias, CEO of the FII-Institute signed the MoU at the Fourth Edition of the Future Investment Initiative (FII) in Riyadh, an international platform for expert-led debate between global leaders, investors and innovators.• "The agreement we signed with the FII-Institute comes at a critical juncture. The pandemic has highlighted how interconnected our markets, economies and lives are, positioning inclusive and sustainable growth at the forefront of leadership agendas. We, at Tadawul, recognize the importance of ESG for the enhancement of Saudi Arabia’s capital market and are delighted to be working with the FII-Institute and its strong platform to further promote ESG across Saudi Arabia, the region and beyond." Commented Eng. Khalid Al-Hussan, Tadawul’s CEO.• “We are very pleased to enter into an MoU with Tadawul to enhance our engagement and cooperation on ESG,’’ Mr. Attias said. ‘’This agreement reflects the FII-Institute’s commitment to advance ESG awareness and performance in the region and work with key stakeholders to advance our common sustainability objectives.”• The Fourth Edition of FII is a multi-hub conference, with the theme of “The Neo-Renaissance”, that links leaders, investors, and policymakers on site and in telepresence as they reimagine the global economy amid the Covid-19 pandemic.• The FII-Institute is an international not-for-profit organization based in Riyadh, mandated to transform innovative research/projects into actionable solutions that tackle major societal issues.ENDS• About Tadawulrn Saudi Stock Exchange (Tadawul) is the authorized entity in the Kingdom of Saudi Arabia to act as the Kingdom’s securities exchange (the Exchange), listing and trading in securities. The Saudi stock market is the 9th largest stock market among the 68 members of the World Federation of Exchanges and is the dominant market in the Gulf Cooperation Council (GCC). The Exchange is the 3rd largest stock market amongst its emerging market peers. Tadawul’s market capitalization by the end of 2020 exceeded USD 2.4 Trillion, making it one of the top 10 stock exchanges globally.For more information see: www.tadawul.com.saTadawul’s media contact: Asma Alghamdi asma.ghamdi@tadawul.com.sa• rn About the 4th Edition of FII The two-day conference saw over 150 leaders, investors, tech pioneers and policy makers connect in a new extended reality conference format, hosted by the Future Investment Initiative Institute, in a multi hub event, with an in-person event in Riyadh and hubs in Paris, New York, Mumbai and Beijing.There will be keynote addresses, plenary sessions and also breakout discussions at all of the venues.Watch the live stream here: and request an invitation to participate in day two’s program.Follow along on our social channels with rn Twitter, rn LinkedIn, rn YouTube, rn Facebook and rn Instagram and join in the conversation with #FIINeoRenaissance. rn About the Future Investment Initiative The Future Investment Initiative Institute is a new generation of global not-for-profit foundation that ensures the world’s brightest ideas find their way to materialize, scale and create positive sustainable Impact on Humanity.With an ambitious vision to empower the brightest minds to shape a better future for ALL and with ALL, the FII Institute brings together leaders, investors and policy makers to collectively curate and enable concrete ideas that can solve today’s most pressing societal issues, while creating long-term platforms to reshape the future of humanity.To learn more about the FII Institute, visit rn http://fii-institute.org . Keep up with latest news by following us on rn LinkedIn and rn LinkedIn.• rn Media General Inquiries Contact: media@fii-institute.org
Riyadh, January 28, 2021: The Fourth Edition of the Future Investment Initiative (FII) opened in Riyadh today with panels addressing how to rethink the future of the global economy around the theme The Neo-Renaissanceâ amid the COVID-19 pandemic.
His Excellency Yasir Al-Rumayyan, FII Institute Chairman and Governor of the Public Investment Fund, welcomed the delegates at the open of the conference, saying: We are ready today for something new, not to return to the status quo. The FII Institute is working year round to support and deliver ideas that will change our world. The world has an unprecedented opportunity to embrace an era of innovation that will lead to a new chapter of humanity: the Neo-Renaissance.
The conference delivered messages of hope for the next decade as one to remember for the right reasons. Discussions reflected widespread shifts in global thinking and experts challenged topics of global growth, climate change, and revenue diversification. Speakers addressed how investment will inspire a new economic renaissance and how support for the energy sector can power a post-crisis recovery. They also discussed ways to re-imagine a new era of global sports and entertainment. In the opening panel, H.E. Al-Rumayyan joined Ray Dalio, Co-Chairman and CIO, Bridgewater Associates, Laurence D. Fink, Chairman and CEO, BlackRock, Thomas P. Gottstein, CEO, Credit Suisse Group, and David M. Solomon, Chairman and CEO, Goldman Sachs Group Inc. They discussed investment trends, economic growth as the world emerges from Covid-19, and impact investing. Discussing the opportunities available to investors, H.E. Al-Rumayyan said: We want to invest not just in financial markets but in new projects that have an impact on GDP growth and job creation.His Excellency, also noted: We have started the first green energy mega project in NEOM, and already have international investors with us.
Fink said: M&A is really driven by confidence and confidence shut down earlier in the year. As people were able to look through the tunnel of the pandemic to the other side, you saw activity pick up. Dalio said: We have to look at the creation of credit and money as distinct from the actual level of economic activity. As we head into the year, we’re going to see a rebound in growth and in inflation. The Investor community focus from short-term gains to sustainable investment strategies and pledges from both investors and policy makers to collaborate in crucial areas including digitisation, green energy and global healthcare â earmarked as key pathways for post-crisis recovery.⢠Another panel shared their insights on how the worlds largest energy producers are balancing sustainability and growth in the wake of the pandemic. H.R.H. Prince Abdulaziz bin Salman Al Saud, Minister of Energy, KSA, joined Marco Alver, CEO, Snam, Italy, Mukesh Ambani, Chairman, Reliance Industries Limited, India, Jean-Bernard Lvy, Chairman and CEO, Global, EDF Group, France, and Patrick Pouyann, Chairman and CEO, Total, France. ⢠Addressing the issues surrounding the increase in demand for green energy solutions, H.R.H. Prince Salman said: Saudi Arabia is a staunch believer in the Paris Agreement and we will do everything in our power to enable our companies to achieve their targets.
Pouyan said: We need to think to the future in terms of what customers want to have â reliable, affordable and clean energy. Alver said: You need a vision and you need execution capability. When the two combine, you can deliver. Other participants featured on the first day of the Fourth Edition of FII included Usain Bolt, eight-time Olympic Gold Medalist, Jamaica. On a panel about how global investment could drive the future of the sports industry, Bolt ended his segment with an inspiring message:
Remember your dream. Remember what you want. Remember why you started doing what you are doing. Focus on that, push on I know itâs going to be hard, but keep your mind on the prize and youâll be fine.ââ⢠Kirill Dmitriev, CEO, Russian Direct Investment Fund, Russia, Dr. Bernd Montag, CEO, Siemens Healthineers, Germany, David Schwimmer, CEO, London Stock Exchange, UK, Amin Nasser, President and CEO, Saudi Aramco, KSA also participated.⢠The conference also highlighted how a future-focused vision will underpin COVID-19 recovery, with tangible momentum around technology as an enabler for better quality of life.¢ The FII Institute hosted the conference for the first time. The FII Institute is a new generation of not-for-profit global foundation that brings together global leaders, investors, tech pioneers and policy makers to enable concrete ideas that can solve today’s most pressing societal issues, while creating long-term platforms to reshape the future sustainably and create a positive impact on humanity.
ENDS
About the 4th Edition of FII
The two-day conference saw over 150 leaders, investors, tech pioneers and policy makers connect in a new extended reality conference format, hosted by the Future Investment Initiative Institute, in a multi hub event, with an in-person event in Riyadh and hubs in Paris, New York, Mumbai and Beijing.There will be keynote addresses, plenary sessions and also breakout discussions at all of the venues.Watch the live stream here: and request an invitation to participate in day two program.
Follow along on our social channels with Twitter, LinkedIn, YouTube, Facebook and Instagram and join in the conversation with #FIINeoRenaissance.
About the Future Investment Initiative
The Future Investment Initiative Institute is a new generation of global not-for-profit foundation that ensures the world’s brightest ideas find their way to materialize, scale and create positive sustainable Impact on Humanity.âWith an ambitious vision to empower the brightest minds to shape a better future for ALL and with ALL, the FII Institute brings together leaders, investors and policy makers to collectively curate and enable concrete ideas that can solve today’s most pressing societal issues, while creating long-term platforms to reshape the future of humanity.To learn more about the FII Institute, visit http://fii-institute.org .
Keep up with latest news by following us on LinkedIn
Interview requests and general media inquiries to: media@fii-institute.org
Riyadh, January 29, 2021: The Fourth Edition of the Future Investment Initiative (FII) closed yesterday after an exceptional day of prominent speakers — including His Royal Highness Crown Prince Mohammed Bin Salman — who discussed urban development and advances in Artificial Intelligence.
• His Royal Highness Prince Mohammed Bin Salman Al Saud sat down for an exclusive conversation with Senator Matteo Renzi , the former Prime Minister of Italy, to unveil his vision for Riyadh, including expanding the capital’s population to 15-20 million people and making it one of the ten largest city economies in the world.
• His Royal Highness said: ‘’True growth begins in the city, whether in terms of industry, innovation, education, services, or other sectors. I have no doubt that the world economies are not based on nations, but on cities.’’
• HRH Crown Prince Mohammed bin Salman also said that a second listing of Saudi Aramco could happen as part of its plans to raise funds for its sovereign-wealth fund. This will yield a cash flow transferred to the Public Investment Fund (PIF) to be reinvested domestically and internationally to be benefit Saudi citizens, he said.
• More than 4 million people watched online as speakers provided their insight into how the global community can work together to bring about a Neo-Renaissance and fuel a rebirth. This pandemic showed the real urgency to move beyond the status quo and cooperate to create a positive impact on humanity.
• Conversations focused on how to enhance the end-to-end consumer journey through innovative tech solutions and digitisation. The plenary sessions focused on how the pandemic has accelerated the pace of change in frontier technologies. As Bitcoin prices hit an all-time high this month, traditional players discussed how to grapple with the challenges of integrating fintech into their business models.
• H.R.H. Princess Reema bint Bandar bin Sultan Al Saud hosted a panel on redefining leadership for the post Covid-era. The Honorable Kevin Rudd, 26th Prime Minister of Australia, opened the second day to discuss how world leaders can realize the mandates of the 2020 G20.
• “The G20 represents 90% of the global economy, 80% of global trade and 2/3 of the world’s population,’’ Rudd said. ‘’In past history, it was the mechanism through which the global economy was rescued from depression. The machinery available remains critical for the future as well.”
• The FII Institute signed Memorandums of Understanding to drive the not-for-profit foundation’s mission forward, including with Tadawul to cooperate on Environmental, Social and Governance and with KAUST to cooperate on research and events that facilitate access to science. The Institute also signed a letter of intent with the African Continental Free Trade Area and OriginAll to develop a technology to protect nations from counterfeit and illicitly traded products.
• In the closing session, The Road Ahead, COO of the Future Investment Initiative Institute, Rakan Tarabzoni said: “What we delivered over the past two days was by far setting the stage for a new redefined way of delivering events, despite what happened in 2020 and despite COVID-19. We felt that the world needs to come together to discuss how the world can move forward. The pandemic is not going to disappear tomorrow, so we needed to get everyone around one table to discuss the world and the business post COVID-19. And the table is here. This is FII.”
• “We promise you this is just the beginning, and we look forward to seeing you again in October for the 5th Edition of FII on 25-28th October 2021,” Tarabzoni said.
ENDS
• About the 4th Edition of FII
The two-day conference saw over 150 leaders, investors, tech pioneers and policy makers connect in a new extended reality conference format, hosted by the Future Investment Initiative Institute, in a multi hub event, with an in-person event in Riyadh and hubs in Paris, New York, Mumbai and Beijing.
About the Future Investment Initiative
The Future Investment Initiative Institute is a new generation of global not-for-profit foundation that ensures the world’s brightest ideas find their way to materialize, scale and create positive sustainable Impact on Humanity.
With an ambitious vision to empower the brightest minds to shape a better future for ALL and with ALL, the FII Institute brings together leaders, investors and policy makers to collectively curate and enable concrete ideas that can solve today’s most pressing societal issues, while creating long-term platforms to reshape the future of humanity.
To learn more about the FII Institute, visit http://fii-institute.org . Keep up with latest news by following us on LinkedIn and LinkedIn
Riyadh, Jan. 28th, 2021 – The King Abdullah University of Science and Technology and the Future Investment Initiative Institute signed on January 27th a memorandum of understanding to cooperate on research projects as well as events aiming at facilitating access to scientific knowledge to Humankind.
• Professor Tony Chan, the President of KAUST, and Richard Attias, Chief Executive Officer of the FII Institute, signed the agreement at the Fourth Edition of the Future Investment Initiative in Riyadh, an international platform for expert-led debate between global leaders, investors and innovators.
• “The partnership emphasizes KAUST’s commitment to actionable technological progress that contributes to international development and welfare,’’ Professor Chan said. “The agreement reflects both parties’ eagerness to advance scientific research and make knowledge accessible to the ones that need it most,’’ Attias added.
• The Fourth Edition of FII is a multi-hub conference, with the theme of “The Neo-Renaissance”, that links leaders, investors, and policymakers on site and in telepresence as they reimagine the global economy amid the Covid-19 pandemic
• KAUST is a global center for scientific and technological education and research. The FII Institute is an international not-for-profit organization, mandated to transform innovative research/projects into actionable solutions that tackle major societal issues
ENDS
• About the 4th Edition of FII
• The main program will be livestreamed from Riyadh. Speakers will be filmed and broadcast across all satellite FII cities and on live-streaming platforms.
• There will be keynote addresses, plenary sessions and also breakout discussions at all of the venues.
• Follow along on our social channels with Twitter, LinkedIn, YouTube, Facebook, Instagram conversation with #FIINeoRenaissance.
• About the Future Investment Initiative Institute
• The Future Investment Initiative Institute is a new generation of global not-for-profit foundation that ensures that the world’s brightest ideas find their way to materialize, scale and create positive sustainable Impact on Humanity.
• With an ambitious vision to empower the brightest minds to shape a better future for ALL and with ALL, the FII Institute brings together global leaders and experts to collectively curate and enable concrete ideas that can solve today’s most pressing societal issues while creating long-term platforms to reshape the future of humanity.
• To learn more about the FII Institute, visit http://fii-institute.org. Keep up with latest news by following us on LinkedIn, Twitter(@FIIKSA).
• Media General Inquiries Contact: media@fii-institute.org
Riyadh, Jan. 28th, 2021 – His Royal Highness the Crown Prince, Mohammed bin Salman, said Saudi Arabia will announce a new development for Riyadh as part of its efforts to expand economic diversification through urban centers.
• ‘’All of Riyadh’s features set the groundwork for job creation, economic growth, investment, and many more opportunities,’’ HRH Crown Prince Mohammed bin Salman said in a conversation with Senator Matteo Renzi, Former Prime Minister of Italy and member of the Board of Trustees of the FII Institute at the Fourth Edition of the Future Investment Initiative during a panel session titled ‘The Future of Riyadh’.
• ‘’We are therefore aiming to make Riyadh one of the ten largest city economies in the world – today it stands at number 40, the fortieth largest city economy worldwide,’’ he said. ‘’We also aim to increase its residents from 7.5 million residents today to around 15-20 million residents in 2030.’’
• With cities represending 85 percent of global economic, ‘’true growth begins in the city, whether in terms of industry, innovation, education, services, or other sectors,’’ HRH Crown Prince Mohammed bin Salman said. ‘’I have no doubt that the world economies are not based on nations, but on cities.’’
• Riyadh represents about 50% of the non-oil economy in Saudi Arabia while the cost to create jobs in the city are 30% less than the other cities of Saudi Arabia, the Crown Prince said.
• ‘’The cost of developing infrastructure and real estate is also 29% less than the other cities, while the infrastructure in Riyadh is already very well accomplished because of the sound management and planning performed by His Highness King Salman over a period of 55 years and more,’’ he said.
• Saudi Arabia also plans for a Green Riyadh program, HRH Crown Prince Mohammed bin Salman said. This will entail planting millions of trees in the city to reduce temperatures and dust levels. There are also plans to improve the environmental condition of the city and the province, as well as supporting other environmental projects in the Kingdom of Saudi Arabia to be announced at a later date, he said.
Saudi Aramco Listing
• HRH Crown Prince Mohammed bin Salman also said that a second listing of Saudi Aramco could happen as part of its plans to raise funds for its sovereign-wealth fund.
• This will yield a cash flow transferred to PIF to be reinvested domestically and internationally to be benefit Saudi citizens, he said.
ENDS
About the 4th Edition of FII
• The main program will be livestreamed from Riyadh. Speakers will be filmed and broadcast across all satellite FII cities and on live-streaming platforms.
• There will be keynote addresses, plenary sessions and also breakout discussions at all of the venues.• Follow along on our social channels with Twitter, LinkedIn, YouTube, Facebook, and Instagram and join in the conversation with #FIINeoRenaissance.
• About the Future Investment Initiative Institute
• The Future Investment Initiative Institute is a new generation of global not-for-profit foundation that ensures the world’s brightest ideas find their way to materialize, scale and create positive sustainable Impact on Humanity.
• With an ambitious vision to empower the brightest minds to shape a better future for ALL and with ALL, the FII Institute brings together global leaders and experts to collectively curate and enable concrete ideas that can solve today’s most pressing societal issues while creating long-term platforms to reshape the future of humanity
• To learn more about the FII Institute, visit http://fii-institute.org.
Keep up with latest news by following us on LinkedIn and Twitter (@FIIKSA).
Media General Inquiries Contact:media@fii-institute.org
Riyadh, January 28, 2021: The Saudi Stock Exchange (Tadawul) and the Future Investment Initiative Institute (FII-Institute) signed a Memorandum of Understanding (MOU) to cooperate on Environmental, Social and Governance (ESG) in an effort to advance ESG awareness and improve performance in the Kingdom.
• The agreement entails publishing research, hosting events and engaging with key stakeholders to advance ESG impact in Saudi Arabia.
• Eng. Khalid Abdullah Al Hussan, CEO of Tadawul, and Richard Attias, CEO of the FII-Institute signed the MoU at the Fourth Edition of the Future Investment Initiative (FII) in Riyadh, an international platform for expert-led debate between global leaders, investors and innovators.
• “The agreement we signed with the FII-Institute comes at a critical juncture. The pandemic has highlighted how interconnected our markets, economies and lives are, positioning inclusive and sustainable growth at the forefront of leadership agendas. We, at Tadawul, recognize the importance of ESG for the enhancement of Saudi Arabia’s capital market and are delighted to be working with the FII-Institute and its strong platform to further promote ESG across Saudi Arabia, the region and beyond.” Commented Eng. Khalid Al-Hussan, Tadawul’s CEO.
• “We are very pleased to enter into an MoU with Tadawul to enhance our engagement and cooperation on ESG,’’ Mr. Attias said. ‘’This agreement reflects the FII-Institute’s commitment to advance ESG awareness and performance in the region and work with key stakeholders to advance our common sustainability objectives.”
• The Fourth Edition of FII is a multi-hub conference, with the theme of “The Neo-Renaissance”, that links leaders, investors, and policymakers on site and in telepresence as they reimagine the global economy amid the Covid-19 pandemic.
• The FII-Institute is an international not-for-profit organization based in Riyadh, mandated to transform innovative research/projects into actionable solutions that tackle major societal issues.
ENDS
• About Tadawul
Saudi Stock Exchange (Tadawul) is the authorized entity in the Kingdom of Saudi Arabia to act as the Kingdom’s securities exchange (the Exchange), listing and trading in securities. The Saudi stock market is the 9th largest stock market among the 68 members of the World Federation of Exchanges and is the dominant market in the Gulf Cooperation Council (GCC). The Exchange is the 3rd largest stock market amongst its emerging market peers. Tadawul’s market capitalization by the end of 2020 exceeded USD 2.4 Trillion, making it one of the top 10 stock exchanges globally.
For more information see: www.tadawul.com.sa
Tadawul’s media contact: Asma Alghamdi asma.ghamdi@tadawul.com.sa
• About the 4th Edition of FII
The two-day conference saw over 150 leaders, investors, tech pioneers and policy makers connect in a new extended reality conference format, hosted by the Future Investment Initiative Institute, in a multi hub event, with an in-person event in Riyadh and hubs in Paris, New York, Mumbai and Beijing.
There will be keynote addresses, plenary sessions and also breakout discussions at all of the venues.
Watch the live stream here: and request an invitation to participate in day two’s program.
Follow along on our social channels with Twitter, LinkedIn, YouTube, Facebook and Instagram and join in the conversation with #FIINeoRenaissance.
About the Future Investment Initiative
The Future Investment Initiative Institute is a new generation of global not-for-profit foundation that ensures the world’s brightest ideas find their way to materialize, scale and create positive sustainable Impact on Humanity.
With an ambitious vision to empower the brightest minds to shape a better future for ALL and with ALL, the FII Institute brings together leaders, investors and policy makers to collectively curate and enable concrete ideas that can solve today’s most pressing societal issues, while creating long-term platforms to reshape the future of humanity.
To learn more about the FII Institute, visit http://fii-institute.org . Keep up with latest news by following us on LinkedIn and LinkedIn.
• Media General Inquiries Contact: media@fii-institute.org