Riyadh, 27 January 2021: The Fourth Edition of the Future Investment Initiative (FII) opened today in Riyadh with a press briefing led by Richard Attias, CEO of the FII Institute, and Rakan Tarabzoni, COO.
• The multi-hub conference will address the theme of “The Neo-Renaissance’’, with more than 8,000 virtual and in-person participants, from over 94 countries with more joining the live stream. The 4th Edition of FII is being hosted for the first time by the FII Institute and reflects its groundbreaking vision.
• The FII Institute is a new generation of not-for-profit global foundation whose goal is to create new standards for doing, not just thinking, building new platforms for exchange to support individuals, companies and governments to tackle the most pressing issues facing humanity.
• Commenting on the FII Institute’s approach, Richard Attias, CEO of FII Institute, said that: “The Covid-19 pandemic has forced a fundamental rethink about the ways in which economies and societies function. We have brought together the best and the brightest minds in person and virtually, to set the course for 2021 tackling the biggest challenges we are all facing. Now is the time to act and we have an unprecedented opportunity to apply fresh thinking.”
• The FII Institute strategy is built on three foundations: Think, Xchange, and Act. Through partnerships with leading academic institutions, research centers, and global thought-leaders, the Institute focuses on four impact areas: healthcare, sustainability, artificial intelligence, and robotics – those which will .
• To remove the barriers to positive change, the Institute is focusing on network-building and ecosystem development to connect talent, ideas, institutions and capital.
• Welcoming participants to the 4th Edition of the FII Conference, Rakan Tarabzoni , COO of FII Institute, added: “At the FII Institute, we believe there is no better time than now to curate and action ideas that will help us create a better world for all of humanity. The 4th Edition of the FII will enable us all to work together for the benefit of all.”
• The press briefing also showcased the FII Institute’s pioneering approach to hybrid virtual conferences, using extended reality technology, the Institutes conference app and the COVID-19 measures that are in place to keep the conference safe and in accordance with COVID-19 measures.
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• Notes to Editors
Sign up to participate in the event: https://registration.futureinvestmentinitiative.com/
• About the 4th Edition of FII
• The conference will be livestreamed from Riyadh. Speakers will also participate from satellite hub events in Beijing, Mumbai, Paris and New York.
• 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, 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, Jan. 8th, 2021 – The Future Investment Initiative Institute will host this month the Fourth Edition of FII, a multi-hub conference that will link leaders, investors and policymakers as they reimagine the global economy amid the Covid-19 pandemic.
The FII Institute, a newly established non-profit global foundation, will host the conference on January 27-28 at the King Abdul Aziz International Conference Center (KAICC) in Riyadh, with speakers and audiences joining physically and virtually from FII satellites in New York, Paris, Beijing and Mumbai.
The FII Institute will act as the curator of a global conversation that is needed to spark concrete actions and mobilize cross-border thought leadership, collaboration and resources. • “There has never been a more important time for leaders, investors and policy makers to come together to work towards re-energizing the global economy,” H.E. Yasir Al-Rumayyan, Chairman of the FII Institute and Governor of the Public Investment Fund of Saudi Arabia (PIF), said.
The FII Institute has identified sustainable investment, global economic growth and the future of healthcare, digitization, education and culture as priority topics which concern our communities. Sessions will also address the rebirth of SMEs, and how investing in culture can make it an engine of growth to support artists and museums and rectify long-standing gender inequalities.
FII will also address how the sports and entertainment industries can reinvent themselves by combining virtual events and in-person experiences to grow revenue.
“The 4th edition of FII will see the most innovative technologies to facilitate global conversations and to be inclusive at the benefit of all of humanity,” Richard Attias, CEO of the FII Institute, said. “The FII Institute will act as a catalyst and a pioneer to allow interaction and exchange of disruptive ideas. There has never been a more important time to bring the greatest minds together to harness this opportunity to reimagine our world.”
The 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 of humanity sustainably. The FII Institute will play a leading role in shaping a much-needed debate about how to respond to crises, like the Covid-19 pandemic that has disrupted every part of the globe and every part of life. ENDS
December 17, 2020, Riyadh – A new global healthcare study published by the Future Investment Initiative Institute (FII-I), the not-for-profit global foundation that powers the annual Future Investment Initiative conference, revealed two critical findings:
• An additional 5% of GDP invested in the healthcare systems of developing countries could lead to an additional 9 years of healthy life expectancy. Integrating AI and robotics into existing healthcare systems could increase the efficiency of healthcare investment by up to 20%. The research is part of the institute’s third Impact series report titled Health Equity: A Moral Imperative, which has been published ahead of the fourth edition of FII on 27-28 January 2021.
• The conference will explore the theme of “Neo-Renaissance” – how we must collectively embrace this unprecedented opportunity for reinvention of every aspect of life across our planet to create a new chapter for humanity, rather than returning to the way things were before the onset of the pandemic.
• FII Institute CEO Richard Attias said:
• “This study is dramatic in its findings. Put simply, if our governments make wise investment decisions, we can increase life expectancy and we can make our health services work better for people in every part of our planet.”
• “This is a time to look forward, to embrace the possibilities that AI and other technologies offer. Our Impact report highlights the need for us to emerge from the pandemic with an imperative to reinvent the way we live, work and care for one another. This is our chance to embrace a Neo-Renaissance.”
• FII Institute’s global healthcare study includes a global ranking of healthcare systems, based on the efficacy of their structures, processes, and most importantly, outcomes. The ranking was based on the Donabedian model, with additional correlation analyses conducted in order to identify performance drivers and recommendations.
• The study will be repeated and expanded on an annual basis. For the first edition, FII Institute has focused on 35 countries, with representatives from every continent and a variety of development levels.
• The wider Impact report – Health Equity: A Moral Imperative – explores the key challenges of healthcare systems, many of which have been brought to light during the pandemic. Interviews, features, and articles form a core call to action: that health is a fundamental human right, and that it is a shared responsibility to ensure global access.
• The report discusses how much technology and innovation is already available that can extend healthy lifespan, increase global productivity and improve quality of life, raising the question: what is keeping humanity from embracing transformative change?
• Academics, healthcare officials, and innovators from all over the world share their insights in the Impact report, including:
• Professor Agnes Binagwaho, M.D., Ph.D., Rwanda’s former health minister and Vice Chancellor of the University of Global Health Equity Dr. Bertalan Meskó, Ph.D., The Medical Futurist Rachel Dunscombe, CEO of the NHS Digital Academy Walter Willett, M.D., Dr. P.H., Professor of Epidemiology and Nutrition at the T.H. Chan School of Public Health at Harvard University “I have seen first-hand how lack of access to affordable healthcare can blight the lives of ordinary people,” says Dr. Nadine Hachach-Haram M.D., Founder of Proximie, a platform that enables an expert surgeon to virtually transport themselves into any clinical setting.
• Speaking of the reaction-based, rather than prevention-based approach of developed healthcare systems, Professor Walter Willett says, “Western health systems have been focused on dealing with the consequences of poor diets and inactivity. There are a few places that are moving towards a different model, but the kind of system we have is really irrational.”
• “I have no doubt that digital health can finally bring healthcare into the 21st century,” says Dr. Meskó, the Medical Futurist.
• In discussing the opportunity for Africa to bypass traditional healthcare solutions with new technology, Professor Binagwaho says, “If we see an opportunity to leapfrog, we go for it. We have done it with our HIV treatment and our vaccination program.”
• The report also highlights “Call to Impact” points across several topics, including concrete recommendations for governments, healthcare officials, as well as the general public.
• Health Equity: A Moral Imperative can be viewed here.
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June 26,2020, Riyadh – The Future Investment Initiative Institute (FII-I) hosted on Thursday the second virtual event of its FII-I series under the theme “Don’t Forget Our Planet!”, which can be viewed here.
• The new not-for-profit global foundation which powers the annual FII conference held in Saudi Arabia brought together an influential group of decision makers, financial leaders and innovators to outline the key elements of a green global recovery plan in line with the Paris Agreement and the UN’s Sustainable Development Goals (SDGs). More than 10,000 registrants from more than 100 countries, viewed the event live from around the world.
• Opening the virtual conference, H.E. Yasir Al-Rumayyan, Governor of the Public Investment Fund and Chairman of the FII Institute said it was a “truly inspiring event bringing the world’s foremost thought leaders together,” explaining that “collaboration between the public and private sectors is essential in driving a sustainable recovery plan.”
• H.E. Brune Poirson, Secretary of State, attached to the Minister of Ecological and Solidary Transition, France, described the current crisis situation as “closer to where we were in 1945 than what happened in 2008 or in the 1970s.” She added, “The closest comparison to what I think we need is a green Marshall Plan. I think we need a Marshall Plan of the 21st century.”
• Commenting on the future of the energy sector, H.R.H Prince Abdulaziz bin Salman Al-Saud, Minister of Energy, Kingdom of Saudi Arabia, said of his government: “We are trying to lead by example. We have a serious efficiency program. In 2030, 50% of our electricity will come from renewables.”
• The importance of preserving and respecting nature was reiterated by Mukesh Ambani, Chairman and Managing Director of Reliance Industries Limited, India, when he said: “I believe that Mother Nature is the best technology that no human can replicate. She teaches us how to recycle.”
• The failure to do so has contributed to the ongoing pandemic said Dr. Jane Goodall, PhD, DBE, Founder of the Jane Goodall Institute and UN Messenger of Peace, United Kingdom: “[Scientists] have been predicting a pandemic like this for so long now. It’s because of our disrespect for the environment and animals that this has come about.”
• Richard Attias, Chief Executive Officer of FII Institute commented: “The current crisis has made clear both the risks and the costs of neglecting our natural environment and our planet. The message that we want to deliver today is don’t forget our planet!”
•Keynote speakers during the virtual event included:
• H.R.H Prince Abdulaziz bin Salman Al-Saud, Minister of Energy, Kingdom of Saudi Arabi
H.E. Yasir Al-Rumayyan, Governor of the Public Investment Fund and Chairman of the FII Institute, Kingdom of Saudi Arabia
H.E. Brune Poirson, Secretary of State, attached to the Minister of Ecological and Solidary Transition, France
H.E. Jacques Attali, Economist, Author and President of Positive Planet, France
Mr Mukesh Ambani, Chairman and Managing Director of Reliance Industries Limited, India
Dr. Anousheh Ansari, CEO of the XPRIZE Foundation, USA
Ms. Barbara Belvisi, Founder and CEO of Interstellar Lab, France
Mr. Jay Collins, Vice Chairman, Banking, Capital Markets and Advisory, of Citi, USA
Dr. Jane Goodall, PhD, DBE, Founder of the Jane Goodall Institute and UN Messenger of Peace, United Kingdom
Ms. Marianne Haahr, Executive Director of the Green Digital Finance Alliance, Denmark
Dr. Mario Molina, 1995 Nobel Laureate in Chemistry and President of the Mario Molina Centre, Mexico
Dr. Bertrand Piccard, Chairman of the Solar Impulse Foundation, Switzerland
Mr. Patrick Pouyanné, Chairman and Chief Executive of Total SA, France
Lord Adair Turner, Chairman of the Energy Transitions Commission and Senior Fellow at the Institute for New Economic Thinking, United Kingdom
• The FII-I virtual event series is one of many milestones on the Institute’s roadmap to its flagship annual conference in Riyadh on October 28-29, 2020, and beyond. FII-I recently also launched its new Impact report series which curates the world’s brightest ideas that can impact humanity sustainably. The inaugural Impact report entitled “Winning the Battle of Disease Together” can be accessed online here. The first virtual event, “Beyond the Crisis: Technology to the Rescue,” which took place in April, can be viewed here.
•“Don’t Forget Our Planet!” can be viewed here.
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June 23,2020, Riyadh – The Future Investment Initiative Institute (FII-I), a new not-for-profit global foundation and the power behind the annual FII conference in Saudi Arabia, has announced the second in a planned FII Institute series of virtual events.
•“Don’t Forget Our Planet!” will bring together on June 25th an influential group of decision makers, financial leaders and innovators to outline the key elements of a global green recovery plan.
• “The way out of this current recession lies in rethinking and reconnecting with the planet as individuals, as companies, and as investors. An environmentally sound and sustainable recovery plan will create jobs, upgrade infrastructure and deliver financial returns,” commented His Excellency Yasir Al-Rumayyan, Governor of the Public Investment Fund of Saudi Arabia and Chairman of the FII Institute.
• This virtual conference will convene environmental and finance experts from around the world who will explore nature-based solutions, investment opportunities, and recovery plans in line with the Paris Agreement and the UN’s Sustainable Development Goals (SDGs). Watch a video previewing event highlights here.
• Keynote speakers include:
H.R.H Prince Abdulaziz bin Salman Al-Saud, Minister of Energy, Kingdom of Saudi Arabi
H.E. Yasir Al-Rumayyan, Governor of the Public Investment Fund and Chairman of the FII Institute, Kingdom of Saudi Arabia
H.E. Brune Poirson, Secretary of State, attached to the Minister of Ecological and Solidary Transition, France
H.E. Jacques Attali, Economist, Author and President of Positive Planet, France
Mr Mukesh Ambani, Chairman and Managing Director of Reliance Industries Limited, India
Dr. Anousheh Ansari, CEO of the XPRIZE Foundation, USA
Ms. Barbara Belvisi, Founder and CEO of Interstellar Lab, France
Mr. Jay Collins, Vice Chairman, Banking, Capital Markets and Advisory, of Citi, USA
Dr. Jane Goodall, PhD, DBE, Founder of the Jane Goodall Institute and UN Messenger of Peace, United Kingdom
Ms. Marianne Haahr, Executive Director of the Green Digital Finance Alliance, Denmark
Dr. Mario Molina, 1995 Nobel Laureate in Chemistry and President of the Mario Molina Centre, Mexico
Dr. Bertrand Piccard, Chairman of the Solar Impulse Foundation, Switzerland
Mr. Patrick Pouyanné, Chairman and Chief Executive of Total SA, France
Lord Adair Turner, Chairman of the Energy Transitions Commission and Senior Fellow at the Institute for New Economic Thinking, United Kingdom
Richard Attias, Chief Executive Officer of FII Institute said: “The current socio-economic and healthcare crises have shown us that our strength lies in cooperation and shared knowledge. This is why we have brought together some of the world’s brightest minds to develop thought- provoking, actionable propositions on how to deliver positive change on a global level.”
• “Don’t Forget Our Planet!” will highlight the view that current crises are presenting humanity with a historic opportunity for change. Conference topics will include:
Lessons learned on what it takes to protect nature and the environment
Sustainable energy solutions and the role for public and private sector leaders in building a more sustainable world
Green solutions as the way forward
Ecology through the lens of profitability
“Don’t Forget Out Planet!” will be livestreamed on FII-I YouTube channel and Twitter on June 25th from 11:00 – 13:00 EDT / 18:00 – 20:00 KSA
• The FII-I virtual event series is one of many milestones on the Institute’s roadmap to its flagship annual conference in Riyadh on October 28-29, 2020, and beyond. The Institute recently also launched its new Impact report series which curates the world’s brightest ideas that can impact humanity sustainably. The inaugural Impact report entitled “Winning the Battle of Disease Together” can be accessed online here. The first virtual event, “Beyond the Crisis: Technology to the Rescue,” which took place in April, can be viewed here.
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JUNE 17, 2020 – The Future Investment Initiative Institute (FII-I), a new non-for-profit global foundation and the power behind the annual FII conference in Saudi Arabia, has launched its Impact report series which curates the world’s brightest ideas that can impact humanity sustainably.
•The report also looks at different elements of the Covid-19 crisis across various perspectives – from economic to social, political to academic, cultural to scientific. As well as the crucial importance of collaboration – a core value of FII-I.
• Richard Attias, CEO of FII-I, commented:
“The need to find sustainable, innovative solutions to the threat of pandemic disease has never been more urgent and the global pandemic has shown us that our strength lies in cooperation and shared knowledge. That’s why in our first Impact report we brought together some of the world’s brightest minds, including leading experts from the London School of Hygiene & Tropical Medicine, Africa Centres for Disease Control and Prevention, the WHO social science expert group, and Metabiota, which has curated data from over 2,500 epidemics to identify specific risks.”
• Impact also offers concrete, actionable “Call to Impact” recommendations for governments, healthcare officials, investors and the general public, including:
Leveraging the power of big data to better predict where infectious diseases could emerge to enable take swift action and prevent them spreading
Investing in AI and machine learning to further accelerate the development of vaccines and speed up the discovery of new antibiotic compounds
Ensuring national response strategies are thorough, guiding nations from lockdown measures through to relaxing restrictions and returning to a normal state
The launch of the Impact report series is just one of many milestones on FII-I’s journey to its flagship annual conference in Riyadh on October 28-29, 2020, and beyond. The institute is hosting “Don’t Forget Our Planet – Time for a Sustainable Reset,” the second event of its virtual series, on June 25th, and a second Impact report focused on sustainability will be published in August.
• “Winning the Battle of Disease Together” can be accessed online here.
• About the Impact series
• Impact is a new series of magazine-style reports tackling key opportunities, challenges, and engaging topics across the Future Investment Initiative Institute’s four impact areas: Healthcare, Sustainability, Robotics, and Artificial Intelligence.
• About the Future Investment Initiative Institute
• The Future Investment Initiative Institute (FII-I) is a new generation of global 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-I will bring 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-I, visit http://fii-institute.org. Keep up with latest news by following us on LinkedIn and Twitter (@FIIKSA) and join in the conversation with #ImpactOnHumanity and #CallToImpact.
• About the Future Investment Initiative
• Held under the FII Institute, the fourth edition of the Future Investment Initiative (FII) will take place with a “Neo-Renaissance” theme on October 28-29, 2020, in Riyadh, Saudi Arabia. More than 6,000 leading CEOs, investors and policymakers from around the world attended FII 2019, making it the third largest business gathering of the year.
• Media Contact: media@futureinvestmntinitiative.com
The FII Institute Series launches with a future-oriented virtual event: “Beyond the Crisis: Technology to the Rescue” on April 23rd April 22, 2020 / PRNewswire • The Future Investment Initiative (FII) Institute kicks off by hosting an exclusive virtual event on April 23rd, moderated by entrepreneur and futurologist, Dr. Peter H. Diamandis.
This inaugural meeting marks the start of the FII Institute Series, bringing together an influential group of leaders looking beyond the COVID-19 pandemic to explore its systemic implications on the global economy and the potential of AI and cutting-edge innovation to aid in a worldwide response.
The FII Institute Series will be a year-round regular event series feeding into the Future Investment Initiative in October 2020. • A first-of-a-kind illustration of interactive and immersive event technology, this event will highlight the most important lessons learned from the current crisis and outline a clear roadmap for action for the future, generating concrete solutions and long-term recommendations out of the sessions.
“With an ambitious vision to empower the brightest minds to shape a better future for ALL and with ALL, the FII Institute will bring together global leaders and experts to collectively cultivate and support the implementation of innovative solutions.” Chairman of the Board of the FII Institute His Excellency Yasir Al-Rumayyan comments.“The FII Institute is a new generation of not-for-profit foundation that curates and enables ideas that can solve today’s global challenges by using technologies that have the potential to positively impact humanity” CEO and Board Member of the FII Institute Richard Attias explains.• The FII Institute will initially focus on four key impact areas that have the power to positively impact humanity: Healthcare, Sustainability, Robotics and Artificial Intelligence.
To achieve its mission, the FII Institute can count on the extensive experience from its Board of Trustees, including chair of the board H.E. Yasir Al-Rumayyan, H.R.H. Princess Reema Bint Bandar Al Saud, Senator Matteo Renzi, Mr. Mohamed Alabbar, Professor Tony Chan, Dr. Peter H. Diamandis, Professor Adah Almutairi, and Mr. Richard Attias.
To keep up with the latest news and to learn more about the Future Investment Initiative Institute, please follow the FII Institute on Twitter and LinkedIn and visit the FII Institute website https://fii-institute.org/rnENDS
Riyadh, January 30, 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.
• In a panel focusing on “What’s Next for Africa,” 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’s statement that “Africa wants to be a friend to all and is open to business” was met with a round of applause by the audience.
• Inspiring new generations was the focal point of conversation in today’s 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 “I speak around the world, and there’s excitement everywhere I go”. Likewise, when asked for his advice to young aspiring Saudi filmmakers, film director Oliver Stone told them to “go ahead and make the film… you will get an audience”.
• HRH Prince Abdulaziz bin Turki bin Faisal Al Saud, Chairman, Saudi General Sports Authority also pointed to the demand that the country’s young population was creating in the sports industry, highlighting that “with 70% of the Saudi population under the age of 35 there’s a demand for sporting events and they’re a platform for growth – we aim to create 130,000 jobs by 2030”.
• This afternoon’s 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.
• 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.
• FII was created to drive conversation and collaboration around some of the most pressing topics currently facing the world today – 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 website
www.futureinvesmentinitiative.com
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• Day Two in Quotes
Alireza Zaimi, Head of Corporate Finance at PIF “Here in Saudi Arabia we have it all – we have the vision, we have the means to deliver on it, and we’re starting from a very strong and sustainable position.”
Masayoshi Son, Founder & CEO, SoftBank “Today 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 “Bitcoin wasn’t 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.”
Terry W. Virts Jr., Astronaut/Commander Int. Space Station/Film Director, NASA, USA “We all share the same sky – it doesn’t matter which continent you’re from, we all look up and see the same moon. It unites and excites us, and it’s a great way to motivate our youth.”
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• Media Contact: media@futureinvestmentinitiative.com
• 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
• 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.
• and governments as well as economic leaders since it was launched in 2017. Building on the theme of ‘A Blueprint for the 22nd Century’, 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’s livestream.
• FII is powered by the Public Investment Fund, the Kingdom’s main investment arm and one of the world’s leading sovereign wealth funds.
• 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’s 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
iyadh, 30 October 2019: The 2019 edition of the Future Investment Initiative (FII) launched into its second day in Riyadh with a series of debates on the environment, the energy sector and the pace and magnitude of a transition to renewable energy sources.
• Among the topics discussed were the opportunities and challenges of a circular carbon economy and the new technologies transforming the oil industry in response to complex economic, social, political, and environmental pressures around the world.
• In a special address to the audience followed by a conversation with Lubna Olayan, Chair of the Executive Committee, Olayan Financing Company (OFC), Brazil’s President Jair Bolsonaro discussed his country’s political transformation and the specific measures underway to address Brazil’s social and economic challenges. Emphasizing the Brazilian government’s task to unleash powerful market forces to drive economic growth, he told global investors that “Brazil is back in business”, stating that “this world of opportunities remains available to all of you”.
• Discussing the role of capital market reforms in Vision 2030, Steven Mnuchin, US Secretary of the Treasury, told Sarah Al Suhaimi, Chairperson, Saudi Stock Exchange (Tadawul) that: “capital markets are very important in the transformation. I think the changes that you made, the technology upgrade that you have done, these are all the right things”.
• Speaking about the importance of innovation, Rick Perry, US Secretary of Energy noted that “fifteen years ago, they told us that we had found all the fossil fuels there were to find – we’d reached peak oil. But what I remind people about is the ingenuity of the people on this globe”.
• Likewise, HRH Prince Abdulaziz bin Salman, Minister of Energy, Saudi Arabia, pledged that the Kingdom “shall be the doer of our future and we are going to be the maker of our future” and that the country can become the most reliable provider of solar energy, just as it was the most reliable provider of oil.
• Among the other speakers featured on the second morning of FII 2019 were John Pagano, CEO, The Red Sea Development Company, HRH Prince Abdulaziz bin Salman, KSA Minister of Energy, HE Dr. Sultan Ahmed Al- Jaber, UAE Minister of State & CEO, Abu Dhabi National Oil Company, Edgar Bronfman Jr., Executive Chairman, Global Thermostat LLC, USA, Akimasa Muyama, CTO, Mitsubishi Hitachi Power Systems, Japan, Jeffrey Rosen, Deputy Chairman & Managing Director, Lazard Ltd., USA, Ahmed Heikal, Chairman & CEO, Qalaa Holdings, Egypt.
• The speakers at FII 2019 include nearly 300 leading global decision makers, investors and experts from more than 30 countries. The speakers demonstrate FII’s global perspective, with significant numbers coming from North America (39%), Europe (20%), Asia (19%) and the Middle East (15%). More than 6,000 attendees have also registered their participation at the event.
• FII was created to drive conversation and collaboration around some of the most pressing topics currently facing the world today – 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 website
• www.futureinvesmentinitiative.com
ENDS
Website: www.futureinvestmentinitiative.com
Social Media Platforms
Twitter: https://twitter.com/FIIKSA
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Hashtag: #FII2019
Media Contact: media@futureinvestmentinitiative.com
• About the Future Investment Initiative Institute
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.
• 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.
• FII has proven to be a substantial international platform for expert-led debate between investors, innovators and governments as well as economic leaders since it was launched in 2017. Building on the theme of ‘A Blueprint for the 22nd Century’, 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’s livestream.
• FII is powered by the Public Investment Fund, the Kingdom’s main investment arm and one of the world’s leading sovereign wealth funds.
• About PIF
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’s 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
Riyadh, 31 October 2019: The 2019 edition of the Future Investment Initiative (FII) has launched into its last day in Riyadh, with industry leaders and policy makers discussing the transformative and modernizing factors that are building a competitive business environment in emerging economies.
• The conference showcased innovative technology solutions with displays by tech partners Huawei, Hive, Magic Leap, SoftBank Robotics, Virgin Hyperloop One, Unisound, SenseTime, Root AI, Gravity Industries, amongst others, familiarising audiences with quantum computing, robotics and Artificial Intelligence.
• Speaking to the audience, Omar Khan, Chief Product Officer, Magic Leap noted that ” we split our time between two worlds – the digital word intermediated by the screens that dominate our lives, and the physical world that we fight to remain present within”.
Looking at how creative business initiatives can shape the most game-changing new investment opportunities, industry leaders shared their insights on e-commerce and digital transformation, in a panel that featured Gaurav Gupta, Founder & COO, Zomato Media, India, Sriharsha Majety, Co-founder & CEO, Swiggy, India, Mudassir Sheikha, Co-founder & CEO, Careem, UAE, Kunal Bahl, Co-founder & CEO, Snapdeal, India, Faraz Khalid, CEO, Noon, UAE.
A plenary discussion examining how the Middle East rose to become an international investment powerhouse involved HE Mohammed Al-Jadaan, Minister of Finance, Saudi Arabia, HE Shaikh Salman bin Khalifa Al Khalifa, Minister of Finance and National Economy, Bahrain, HE Dr. Naif Falah Al-Hajraf, Minister of Finance, Kuwait. All three countries had recently been named among the fastest reforming countries in the World Bank’s Doing Business report and HE Shaikh Salman bin Khalifa Al Khalifa, Minister of Finance and National Economy, Bahrain said “the multiplier is much larger when you do a reform of a sector than when you do a project led by the government”.
A panel asking “What’s Next for Asia?,” looking into how the newly prosperous supercontinent will sustain and leverage its economic hegemony, featured HE Dr. Majid Al Kassabi, KSA Minister of Commerce and Investment, Raamdeo Agrawal, Chairman & Co-founder, Motilal Oswal Financial Services Ltd., India, Ju Zhao, Chief Investment Officer, China Merchant Bank International, China.
Speaking about the key drivers of growth in India, Raamdeo Agrawal, Chairman & Co-founder, Motilal Oswal Financial Services Ltd., told investors that they should “first of all, see how fast government withdraws from key sectors, and secondly how much those sectors are opening up – how much foreign ownership is allowed.”
In a panel titled “A New Course: What’s Next for the Game of Golf”, legends of the game and leading business executives discussed the future of golf and its role in leisure, tourism, sport, and urban development, in a conversation involving Majed Al-Sorour, CEO, Saudi Golf Federation, KSA, Ernie Els, Four-Time Major Champion and World Golf Hall of Famer, South Africa, Keith Pelley, CEO, European Tour, UK, Camilla Lenarth, Professional Golfer, Ladies European Tour, Sweden.
FII was created to drive conversation and collaboration around some of the most pressing topics currently facing the world today – 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 website www.futureinvesmentinitiative.com
ENDS
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• About the Future Investment Initiative Institute
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.
• 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.
• FII has proven to be a substantial international platform for expert-led debate between investors, innovators and governments as well as economic leaders since it was launched in 2017. Building on the theme of ‘A Blueprint for the 22nd Century’, 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’s livestream.
• FII is powered by the Public Investment Fund, the Kingdom’s main investment arm and one of the world’s leading sovereign wealth funds.
• About PIF
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’s 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