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.
ENDS
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
ENDS
• 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.”
• website: www.futureinvestmentinitiative.com
• Social Media Platforms
• Twitter: https://twitter.com/FIIKSA
• LinkedIn: https://www.linkedin.com/showcase/18176488
• YouTube: https://www.youtube.com/channel/UCXEQ3MCLUTyUv_Hk_XLyC6g
• 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
LinkedIn: https://www.linkedin.com/showcase/18176488
YouTube: https://www.youtube.com/channel/UCXEQ3MCLUTyUv_Hk_XLyC6g
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 Future Investment Initiative (FII) 2019 closed today following a successful third day in Riyadh. Over the three days, global leaders and policy makers came together in keynotes, open conversations and plenary summits to explore how, as we race toward a hyper-connected future, societies and economies can evolve to become more equitable and human-centered.
The event concluded with full house watching a special session looking ahead to the future of economic diplomacy and the G20. As Saudi Arabia prepares to host the next G20, HE Dr. Ibrahim Abdulaziz Al-Assaf, Minister of State, KSA, joined a series of former G20 leaders – David Cameron, Former Prime Minister, UK, François Fillon, Former Prime Minister, France, Matteo Renzi, Former Prime Minister, Italy, Kevin Rudd, Former Prime Minister, Australia, to discuss the G20 and its ability to adapt to the forces of change driving widespread transformations to the global economy.
Advising the Kingdom on how to set a successful agenda for 2020, David Cameron said “my advice looking at the opportunities Saudi Arabia has at chairing the G20 is to think hard about the issues you want to promote that will make a real difference”. Kevin Rudd argued that “the renewable energy revolution is huge” and advised those who live in carbon intensive economies to see “the renewable energy future as a massive opportunity.
• The event concluded with full house watching a special session looking ahead to the future of economic diplomacy and the G20. As Saudi Arabia prepares to host the next G20, HE Dr. Ibrahim Abdulaziz Al-Assaf, Minister of State, KSA, joined a series of former G20 leaders – David Cameron, Former Prime Minister, UK, François Fillon, Former Prime Minister, France, Matteo Renzi, Former Prime Minister, Italy, Kevin Rudd, Former Prime Minister, Australia, to discuss the G20 and its ability to adapt to the forces of change driving widespread transformations to the global economy.
• Advising the Kingdom on how to set a successful agenda for 2020, David Cameron said “my advice looking at the opportunities Saudi Arabia has at chairing the G20 is to think hard about the issues you want to promote that will make a real difference”. Kevin Rudd argued that “the renewable energy revolution is huge” and advised those who live in carbon intensive economies to see “the renewable energy future as a massive opportunity.”
• Summits on the final day of FII 2019 focused on inclusive finance, the long-term value of investing in female-led businesses and the new frameworks that can support social cohesion during a time of fast-paced social transformation. The conference’s rich agenda reflected how, both collectively and individually, the community of FII delegates, speakers and partners are able to affect enormous change for good in the world.
• Demonstrating the Kingdom’s commitment to being at the forefront of new frontier technologies, the conference featured cutting-edge robots, virtual reality displays and facial recognition software. The conference also featured a pavilion for the FII Institute, powered by the Public Investment Initiative (PIF), to complement the annual FII conference through a number of initiatives. The FII Institute will serve as an important knowledge platform for the global investor community, enabling the sharing of ideas and expertise, and the development of innovative solutions that drive the future of investment and economic value creation.
• FII 2019 attracted high calibre guests and speakers from across the Arab World, Africa, North America and Europe, including heads of state His Majesty King Abdullah II, Jordan, Prime Minister Narendra Modi, India, President Jair Bolsonaro, Brazil, Steven Mnuchin, Secretary of the Treasury, USA, Rick Perry, Secretary of Energy, USA, Jared Kushner, Senior Advisor to the White House USA, HE Muhammadu Buhari, President of Nigeria, HE Mahamadou Issoufou, President of Niger, HE Uhuru Kenyatta, President of Kenya and business leaders Masayoshi Son, Founder & CEO, SoftBank, Patrice Caine, Chairman & CEO, Thales Group, France, John Pagano, CEO, The Red Sea Development Company, Larry Fink, Founder Chairman & CEO, BlackRock, Noel Quinn, Group Chief Executive, HSBC Holdings plc, Stephen A. Schwarzman, Chairman, CEO, & Co-founder, The Blackstone Group L.P., Tidjane Thiam, CEO, Credit Suisse Group AG.
• At the conference, the Saudi Arabian General Investment Authority (SAGIA) announced 23 new foreign investment deals worth $15 billion. Coordinated under Invest Saudi, these agreements reflect the enormous potential that Saudi Arabia offers to investors from across the Kingdom and around the world.
• 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
LinkedIn: https://www.linkedin.com/showcase/18176488
YouTube: https://www.youtube.com/channel/UCXEQ3MCLUTyUv_Hk_XLyC6g
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
• Website: www.futureinvestmentinitiative.com
• Social Media Platforms
• Twitter: https://twitter.com/FIIKSA
• LinkedIn: https://www.linkedin.com/showcase/future-investment-initiative/
• Instagram: https://www.instagram.com/fiiksa/?hl=en
• Flickr: https://www.flickr.com/photos/future_investment_initiative/
• YouTube: https://www.youtube.com/futureinvestmentinitiative
• 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, January 29, 2019: The 2019 edition of the Future Investment Initiative opened today in Riyadh with a series of debates around the future of investment involving leading global executives.
• The conference was opened by His Excellency Yasir O. Al-Rumayyan, Governor of the Public Investment Fund who welcomed delegates, saying that “like all great things FII began with a simple idea – to bring diverse leaders together to change the status quo.
• “In 2017 it was mainly the US, Europe and the Middle East Now you come from China, India, Americas, Japan, Russia, Africa. All united in a spirit of collaboration.
• “Until now FII has been an annual conference. Now it’s becoming an institute as well. It will be a place of continuous collaboration. A thought leadership platform and a global knowledge hub”.
• Among the issues discussed were how sovereign wealth funds are reshaping global investment, the challenges and opportunities of moving towards a more inclusive workforce and how investors can thrive in a multipolar world.
• Discussing the challenges faced by investors, Stephen A. Schwarzman, Chairman, CEO, & Co-founder, The Blackstone Group L.P. said: “We’re all dealing with more uncertainty than we were… Ten years ago you could make an investment and be reasonably sure that the basic model was going to remain intact. Now, whenever you make an investment you look at to see whether that company’s business model is resilient knowing its going to be challenged. You’re either going to be a disruptor or you’re going to be disrupted. Or maybe both at the same time.”
• Mukesh Ambani, Chairman & Managing Director, Reliance Industries Limited said: “The world is transiting… this is the first time that you have simultaneously four or five new technologies combined with digital that are really transforming the global economy. While it brings in uncertainty, it brings in tremendous opportunity.”
• Ray Dalio, Founder, Co-chairman and Co-Chief Investment Officer, Bridgewater Associates, noted that: “Technology, such as artificial intelligence, will increase productivity and it will also substancially increase the wealth gap.”• Discussing how businesses were increasingly driving innovation, Noel Quinn, Group Chief Executive, HSBC Holdings plc said: “I believe businesses feel more empowered and they are looking less and less towards global institutions, global politics to be the framework in which they operate… they’re designing their own solutions and they’re using technology to reach parts of the world they didn’t used to reach and open up new markets and open up new business models.”
• Among the other speakers featured on the first morning of FII 2019 were Larry Fink, Founder Chairman & CEO, BlackRock, Ray Dalio, Founder, Co-chairman and Co-Chief Investment Officer, Bridgewater Associates, Noel Quinn, Group Chief Executive, HSBC Holdings plc, Stephen A. Schwarzman, Chairman, CEO, & Co-founder, The Blackstone Group L.P., Tidjane Thiam, CEO, Credit Suisse Group AG, John Zhao, Founder, Chairman & CEO, Hony Capital, HE Khaldoon Khalifa Al Mubarak, CEO & Managing Director, Mubadala Investment Company, Mukesh Ambani, Chairman & Managing Director, Reliance Industries Limited and Michael Corbat, CEO, Citigroup.
• 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,
• website: www.futureinvestmentinitiative.com
• Social Media Platforms
• Twitter: https://twitter.com/FIIKSA
• LinkedIn: https://www.linkedin.com/showcase/18176488
• YouTube: https://www.youtube.com/channel/UCXEQ3MCLUTyUv_Hk_XLyC6g• rn 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 rn www.pif.gov.sa
Riyadh, 29 October 2019: The Future Investment Initiative (FII), powered by the Public Investment Fund of Saudi Arabia (PIF) launched its third annual edition today, immersing thousands of delegates from all over the world in a rich agenda focused on the future of global investment. Opening the conference, HE Yasir Al-Rumayyan, Governor of the Public Investment Fund (PIF), said of FII: “Here we don’t see politicians just talking politics. Asset managers just talking about assets. Philanthropists just talking about society. Here we bring it all together – diversity, cooperation and friendship. Connecting capital with ideas, building relationships and doing deals.”
• Mirroring this, today’s conversations focused on investment for impact, competitiveness in the new economy and the challenges and opportunities of moving towards a more diverse and inclusive workforce.
• Artificial Intelligence and the complexities arising from within the global digital landscape were also in focus during plenary discussions, with the first day featuring on-stage discussions with Alain Bejjani, CEO, Majid Al Futtaim Holding, Jim Breyer, Founder & CEO, Breyer Capital, will.i.am, Founder & CEO I.AM.PLUS.
• In an evening panel titled “What’s Next for India?,” Prime Minister Narendra Modi shared insights on the strategies needed to turn demographic, environmental, and supply chain challenges into opportunities for equitable growth and prosperity. Prime Minister Modi noted that for the third year running, India is among the most improved countries in the World Bank’s Doing Business report.
• Talking about Saudi-Indian ties, Modi said: “We feel a sense of belonging in each other’s homes” and thanked the Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al-Saud for his invitation to Saudi Arabia for FII.
• His Majesty King Abdullah II of Jordan gave a special address to the audience, stating that “here in Saudi Arabia you will find an eager youth cohort, ready to play their part and incentivized by a leadership which speaks their language.”
• At the event, the Saudi Arabian General Investment Authority (SAGIA) announced 23 new foreign investment deals worth $15 billion. Coordinated under Invest Saudi, these agreements reflect the enormous potential that Saudi Arabia offers to investors from across the Kingdom and around the world.
• Among the other speakers featured on the first day of FII 2019 were Rick Perry, Secretary of Energy USA, Jared Kushner, Senior Advisor to the White House USA, Larry Fink, Founder Chairman & CEO, BlackRock, Noel Quinn, Group Chief Executive, HSBC Holdings plc, Stephen A. Schwarzman, Chairman, CEO, & Co-founder, The Blackstone Group L.P., Tidjane Thiam, CEO, Credit Suisse Group AG, Jin Liqun, President & Chair, Asian Infrastructure Investment Bank, David R. Malpass, President, The World Bank, HE Khaldoon Khalifa Al Mubarak, CEO & Managing Director, Mubadala Investment Company, Mukesh Ambani, Chairman & Managing Director, Reliance Industries Limited and Michael Corbat, CEO, Citigroup.
• 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
Day One in Quotes
• Frederic Oueda, CEO, Société Générale “We’re one of the pioneers of the UN financing initiative, which means contributing effectively to the financing of the energy transition and having precise strategies relating to asset management and investment products.”
• Michael Froman, Vice Chairman, Mastercard “Doing good isn’t just about feeling good, it’s good for businesses and that’s fundamental to our model.”
• will.i.am, Founder & CEO I.AM.PLUS “People think it’s impossible and no-one is willing to take the risk. I come from nothing so I know what living with nothing feels like. I come from a ghetto and I have a company that created an AI that’s being used by Deutsche Telekom for customer service.”
• Jacques Attali, President, Positive Planet Foundation “What is important today is to focus on investing in infrastructure with a social impact. This is a pre-requisite for a positive future.”
• Prime Minister Narendra Modi, India “Clear rules and fair systems are vital to the growth of the private sector.”
Website: www.futureinvestmentinitiative.com
Social Media Platforms
Twitter: https://twitter.com/FIIKSA
LinkedIn: https://www.linkedin.com/showcase/18176488
YouTube: https://www.youtube.com/channel/UCXEQ3MCLUTyUv_Hk_XLyC6g
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, 28 October 2019: The Public Investment Fund of Saudi Arabia (PIF) today announced a series of global heads of state and senior policy makers that will attend the third annual Future Investment Initiative (FII), which is taking place from October 29th to 31st 2019.
• The leaders reflect the international nature of the event, with officials coming from North America, Asia, Europe, South America, Africa and the Middle East.
• Among the highlights of the program will be a series of on-stage discussions with international leaders. On Tuesday, Prime Minister Narendra Modi will discuss ‘What’s next for India?’ with Ray Dalio, Founder, Co-Chairman & Co-Chief Investment Officer, Bridgewater Associates, while on Wednesday Brazilian President Jair Bolsonaro will discuss how a new global investment environment can put Brazil ‘back in business’.
• Wednesday will also see a special address from His Majesty the King of Jordan, and a plenary session in which H.E. Muhammadu Buhari, President, Nigeria; H.E. Mahamadou Issoufou, President, Niger; H.E. Uhuru Kenyattta, President, Kenya; and H.E. Denis Sassou- Ngeuesso, President, Congo-Brazzaville will discuss “What’s next for Africa?”
• Heads of State and Government leaders attending FII 2019 include:
President Jair Bolsonaro, Brazil
Prime Minister Christophe Joseph Marie Dabiré, Burkina Faso
Prime Minister Narendra Modi, India
His Majesty King Abdullah, Jordan
President Uhuru Kenyatta, Kenya
President Mahamadou Issoufou, Niger
President Muhammadu Buhari, Nigeria
President Julius Maada Bio, Sierra Leone
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 websitewww.futureinvesmentinitiative.com
ENDS
Day One in Quotes
• Frederic Oueda, CEO, Société Générale “We’re one of the pioneers of the UN financing initiative, which means contributing effectively to the financing of the energy transition and having precise strategies relating to asset management and investment products.”
• Michael Froman, Vice Chairman, Mastercard “Doing good isn’t just about feeling good, it’s good for businesses and that’s fundamental to our model.”
• will.i.am, Founder & CEO I.AM.PLUS “People think it’s impossible and no-one is willing to take the risk. I come from nothing so I know what living with nothing feels like. I come from a ghetto and I have a company that created an AI that’s being used by Deutsche Telekom for customer service.”
• Jacques Attali, President, Positive Planet Foundation “What is important today is to focus on investing in infrastructure with a social impact. This is a pre-requisite for a positive future.”
• Prime Minister Narendra Modi, India “Clear rules and fair systems are vital to the growth of the private sector.”
For more information:
• Website: www.futureinvestmentinitiative.com
• Social Media Platforms
• Twitter: https://twitter.com/FIIKSA
• LinkedIn: https://www.linkedin.com/showcase/future-investment-initiative/
• Instagram: https://www.instagram.com/fiiksa/?hl=en
• Flickr: https://www.flickr.com/photos/future_investment_initiative/
• YouTube: https://www.youtube.com/futureinvestmentinitiative
• 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