Riyadh, October 31, 2024 – The Future Investment Initiative (FII) Institute wrapped up Day 3 of its 8th annual gathering in Riyadh, with an “Investment Day” under the theme of “Infinite Horizons: Investing Today, Shaping Tomorrow.” Leaders, investors, and innovators explored avenues to drive impactful investment in emerging markets, venture capital, and sustainable growth strategies, setting the stage for the future of global finance and economic development.
Richard Attias, CEO of the FII Institute, commented on the day’s events: “Today’s discussions underscored the power of targeted investments to transcend traditional boundaries, creating opportunities in markets that promise to shape the next economic era. Our collective focus on deploying capital with long-term vision and sustainability will guide us as we navigate an ever-changing landscape.”
Standout Moments from FII8 Day 3:
1. Opening Remarks by H.E. Faisal F. Alibrahim
H.E. Faisal F. Alibrahim, Minister of Economy & Planning for the Kingdom of Saudi Arabia opening remarks set the tone for the day, emphasizing the role of investment in Saudi Arabia’s economic transformation under Vision 2030, highlighting non-oil growth as pivotal for future diversification.
2. Panel on Alternative Asset Growth in Emerging Markets
Key insights were shared during a session featuring H.E. Mohammed El-Kuwaiz, Chairman, Capital Market Authority (CMA); Rishi Kapoor, Vice Chairman & CIO, Investcorp; Chip Kaye, Chairman, Warburg Pincus LLC which focused on new frontiers in alternative asset growth. This panel explored trends driving investments in emerging economies, spotlighting regions set to lead the next growth phase.
3. Capital Allocators Roundtable
A high-level discussion gathered influential leaders to discuss 2024’s projected impact for alternative assets and the diversification trends shaping institutional portfolios. The roundtable featured a diverse array of experts, including institutional investors, and thought leaders, all sharing insights on how alternative investments are becoming crucial in navigating economic uncertainties.
4. Venture Capital Hotspots: Catalysts for Disruption
In this session, the panel explored the evolving landscape of innovation funding, with a particular emphasis on developments in burgeoning markets like Saudi Arabia.
5. Health Humanity Initiative
In a global effort to secure a healthier future for all, FII Institute launched the Healthy Humanity Initiative inviting over 100 corporations, 10 health insurance companies insurers and governments from the Global South and North to join the movement to impact lives by providing free preventive health checkups for citizens every two years, waive up to 50% in health bills and ensure tax-free benefits. So far, this initiative has garnered support from Saudi Health in All Policies (HIAP), Claure Group, Moderna, Merck GCC, Ausmed Global, Qi Ming Venture Partners, Burjeel Holdings, SCAI, CURA, Genrait and Cleveland Clinic.
6. Health Longevity Compass
The FII Institute presented findings from the Healthy Longevity Compass, which surveyed 22,600 respondents across 21 countries in partnership with The McKinsey Health Institute. The study revealed that 70% of individuals aspire to adopt healthier living habits, yet 43% in developing countries are dissatisfied with access to nutritious food. Read the Full Report Here.
7. Investment Day
FII8 Investment Day launched a dynamic new chapter for the entrepreneurial ecosystem, transforming bold visions into actionable solutions that drive progress. At the inaugural global program hosted by FII Institute, five start-up companies showcased their cutting-edge tech solutions tackling world’s most pressing global challenges in artificial intelligence and robotics, sustainability, health and education. Among the innovators were: Oxccu, Sakuu, Beyond-Aero, Archireef and Bytelearn.
In the finale, Sakuu emerged as the winner and was crowned FII8 Innovator 2024. Each participating company received 2025 FII Institute complimentary membership and access to the FII Venture Program – powered by General Atlantic and Lakestar. This comprehensive support system is designed to accelerate their growth, offering unparalleled opportunities for market expansion, knowledge sharing and global visibility. Additionally, the innovative start-ups are eligible for a market expansion package providing over $10 million in financing grants and startup support. They may also benefit from soft landing program through NTDP (Saudi Arabia) and Hong Kong Science and Technology Park.
8. Closing Remarks by H.H. Prince Faisal bin Farhan Al Saud, KSA Minister of Foreign Affairs. H.H. Prince Faisal emphasized the importance of global citizenship in addressing today’s pressing issues. He highlighted that collaboration across nations is vital for tackling conflicts, climate change, health crises, and economic disparities.
9. Announcements: During the four days of the FII8 conference, over 30+ announcements worth $70 billion dollars were made that focused on promoting sustainable development and innovative solutions for humanity. Additionally, strategic partnerships were established highlighting collaboration across various sectors, including technology, quality of life, and innovation.
As FII8 wrapped up, the narrative of a united front for positive change was clear. The collective voices of leaders and innovators echoed the sentiment that the future is not just a vision; it’s a movement we are all part of Day 3 at FII8 demonstrated the Institute’s commitment to connecting capital with impactful initiatives, further strengthening the global investment landscape. The FII Institute continues its mission of fostering sustainable and forward-looking investments that empower change across diverse geographies.
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For media inquiries, please contact: media@fii-institute.org
About FII Institute
The Future Investment Initiative (FII) Institute is a global non-profit foundation driven by data with an investment arm and one agenda: Impact on Humanity. Global and inclusive, we foster great minds from around the world and turn ideas into real-world solutions in four critical areas: Artificial Intelligence (AI) & Robotics, Education, Healthcare and Sustainability.
30 October, 2024 – Riyadh: FII Institute, a global non-profit foundation driven by data and one agenda, Impact on Humanity, and Premium Residency Center, a government entity that is responsible for managing all matters related to the Premium Residency in Kingdom of Saudi Arabia, have announced a strategic partnership aimed to drive investment in line with the goals of Saudi Vision 2030. With this collaboration, FII Institute and Premium Residency will leverage their combined expertise and resources to boost Saudi Arabia’s position as a global hub, attracting the brightest minds and investments.
The Premium Residency Center offers a range of residency products tailored to attract foreign skilled talents, investors, and entrepreneurs. These offerings are designed to facilitate knowledge transfer and foster collaboration across various sectors, ultimately contributing to the national economy and the Kingdom’s vision. A signing ceremony was held in the presence of Mr. Richard Attias, the Chief Executive Officer of FII Institute and Mohammad Al-Sultan, the Chief Executive Officer of Premium Residency Center.
Overall, the FII Institute supports the development of innovative solutions and empowers entrepreneurs through investments and grassroots initiatives. The FII Institute actively works to address pressing global issues such as climate change, sustainable development, and social impact through academic publications, dialogue, and investments in various sectors.
This strategic partnership further aligns with the highly anticipated FII8 conference being held under the theme “Infinite Horizons: Investing Today, Shaping Tomorrow, where the world’s brightest minds of visionaries, policymakers, leaders, top CEOs, investors, academia, NGOs, entrepreneurs, innovators, scientists, activists, and media will convene to share global perspectives, unlocking new frontiers for human advancement and impactful innovation.
Richard Attias, CEO of the FII Institute, celebrated this partnership stating, “This strategic partnership marks a significant milestone in our journey to build a more sustainable world. By combining our expertise, we can drive positive change and create economic growth and diversification through investments in humanity.”
Mohammad Al-Sultan, CEO of the Premium Residency Center noted, “This strategic collaboration with the FII Institute represents a significant step in our commitment to attract investments and skilled professionals to Saudi Arabia. Together, we aim to drive economic growth and support the Kingdom’s ambitious goals under Vision 2030, further driving the country’s economic transformation by creating employment opportunities and fostering knowledge transfers, ensuring a vibrant future for all sectors.”
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Media Inquiries
Please address any inquiries to: media@fii-institute.org
About FII Institute:
The Future Investment Initiative (FII) Institute is a global non-profit foundation with an investment arm and one agenda: Impact on Humanity. Global, inclusive, and driven by data: we foster great minds from around the world and turn ideas into real-world solutions and actions in four critical areas: Artificial Intelligence (AI) and Robotics, Education, Healthcare and Sustainability.
About Premium Residency Center
The Premium Residency Center was established in January 2019 by a resolution of the Council of Ministers. It is a government entity in the Kingdom of Saudi Arabia that offers residency products that grants the expatriates the right of residence in the Kingdom, employment, ownership of real estate and engagement in commercial activities. It aims to contribute to the national economy by boosting the Kingdom’s position as a global hub for attracting talents, investors, and entrepreneurs, while retaining them.
Riyadh, Saudi Arabia – 30 October 2024 – FII Institute has established a strategic partnership with King Salman International Airport Development Company (KSIADC) during the FII8 Conference, held in Riyadh from October 29-31. This significant agreement, marked by a signing ceremony attended by Marco Milia, Acting CEO of KSIADC, and Richard Attias, CEO of the FII Institute, represents a pivotal step in KSIADC’s strategic ambition to foster global innovation and sustainability within the aviation industry.
The FII Institute is a nonprofit global foundation driven by data and an investment arm with one agenda: Impact on Humanity. It is dedicated to enabling a brighter future for humanity by uniting innovative solutions and the world’s foremost CEOs, policymakers, investors, and entrepreneurs. King Salman International Airport Development Company joins our prestigious network of global leaders addressing the world’s most pressing challenges through the Institute’s platform and expansive international network. This collaboration strengthens King Salman International Airport’s leadership in sustainable development and innovation, reinforcing its influence in shaping the future of global aviation and contributing to a sustainable world.
Marco Mejia said, “King Salman International Airport stands as a ground-breaking project in terms of innovation and sustainability. Our goal is to establish new global standards in airport design and operations that can be shared and emulated worldwide. This strategic partnership with the FII brings us closer to that goal and helps chart a path toward a sustainable future for humanity and the planet.”
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For further information regarding KSIADC and the strategic partnership with FII Institute mentioned in this release, please contact: Reema Albarrak at ralbarrak@ksia.com.sa
About FII Institute
The Future Investment Initiative (FII) Institute is a global non-profit foundation driven by data with an investment arm and one agenda: Impact on Humanity. Global and inclusive, we foster great minds from around the world and turn ideas into real-world solutions in four critical areas: Artificial Intelligence (AI) & Robotics, Education, Healthcare and Sustainability.
About King Salman International Airport
King Salman International Airport will be one of the world’s largest airports, covering an area of approximately 57 km² and projected to welcome 100 million passengers in 2030. King Salman International Airport aims to be a global benchmark for all airports, providing a unique and seamless customer journey, best-in-class operations, innovation across design and operations, and unique shopping and entertainment experiences. With sustainability at its core, the airport will be designed to achieve LEED Platinum certification for new build development, the highest level of green design and building certification, and will incorporate a variety of sustainable features, including being powered by renewable energy. KSIA will be a testament to Saudi Arabia’s unwavering commitment to innovation and progress.
Riyadh, October 30, 2024: The Saudi Company for Artificial Intelligence (SCAI), wholly-owned by the Public Investment Fund (PIF), and the FII Institute, a leading global non-profit foundation with an investment arm and one agenda: Impact on Humanity, have announced a strategic partnership aimed at accelerating responsible and ethical AI development, driving innovation and promoting sustainability.
By combining their expertise and resources, SCAI and FII Institute’s partnership provides a platform to foster AI research and development, ensuring a positive and equitable impact on the future. This partnership will enable SCAI to leverage FII’s Institute global network and deep expertise in developing meaningful initiatives while connecting with impact investors and policymakers to promote transparency and accountability in AI development and deployment.
Richard Attias, CEO of the FII Institute, applauded this partnership stating: “As AI reshapes the future of work, governments need forward-thinking companies like SCAI to navigate the complex landscape of regulatory compliance and innovation. By working together, we can harness the immense potential of AI while safeguarding against potential risks. SCAI and FII Institute are committed to partnering with global leaders to foster a thriving AI ecosystem that benefits businesses, workers, and society as a whole.”
Commenting on this partnership, Mubarak Alwadaani, Chief Commercial Officer of SCAI, said: “Our collaboration with the FII Institute is a testament to our unwavering commitment to developing AI technologies that not only push the boundaries of innovation, but also uphold the highest standards of ethics and responsibility. As we continue to drive economic growth and position Saudi Arabia as a global leader in AI, we are focused on creating AI applications and solutions that are transparent, unbiased, and sustainable for the future.”
As a national AI champion, SCAI is at the forefront of unlocking the power of artificial intelligence, creating avenues for innovation and furthering economic growth in varied sectors. The collaboration embodies a mutual dedication to establishing international connections aimed at propelling the technology sector forward, thus ensuring a significant imprint on the global technology landscape.
The FII Institute aims to drive sustainable development and positive change on a global scale through research, publications, and innovative initiatives. AI has created a new geopolitics for nations, businesses, and individuals and could influence the balance of power. FII Institute’s collaboration with SCAI ensures key stakeholders including leaders, entrepreneurs, and innovators, have access to responsible AI innovation and policymaking. At FII8, in October, tech giants, world leaders, CEOs, and inventors will gather to discuss important topics on how AI impacts critical domains like security and economic competitiveness in Riyadh. Join the Movement.
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Media Inquiries
Please address any inquiries to: media@fii-institute.org
About FII Institute:
The Future Investment Initiative (FII) Institute is a global non-profit foundation with an investment arm and one agenda: Impact on Humanity. Global, inclusive, and driven by data: we foster great minds from around the world and turn ideas into real-world solutions and actions in four critical areas: Artificial Intelligence (AI) and Robotics, Education, Healthcare and Sustainability.
About SCAI
The Saudi Company for Artificial Intelligence (SCAI) is a wholly-owned PIF company that offers impactful solutions and products for multiple sectors, including smart city, media, healthcare, financial services, sport and entertainment. Guided by a vision to lead the next generation of AI applications and unlock global value, SCAI empowers the future of AI through best-in-class partnerships, targeted investments, and the development of world-class capabilities.
For further details about SCAI, please visit www.scai.sa
For media inquiries, reach out to us via media@scai.sa
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Riyadh, October 30, 2024 – On the second day of the 8th Future Investment Initiative (FII) in Riyadh, leaders from around the world gathered to discuss the transformative potential of emerging technologies and investment strategies in redefining the future. A Special Address was delivered by H.E. Minh Chính Pham, Prime Minister, Socialist Republic of Vietnam.
Richard Attias, CEO of the FII Institute, summarized the day’s ambitions, stating, “At FII8, we are witnessing a new era where innovation and capital converge not just to shape industries but to create a sustainable and inclusive future for all. Today’s discussions highlighted the journey toward a world of boundless possibilities and infinite opportunities.”
Standout moments from Day Two of FII8
1. Board of Changemakers on Technology & Innovation: Leaders from industries including Marcelo Claure, Founder & CEO, Claure Group; Group Vice Chairman, SHEIN; Alex Clavel, Co-CEO, SoftBank Vision Funds; Hani Enaya, CIO, Sanabil Investments; Antonio J. Gracias, Founder, CEO & CIO, Valor Equity Partners; Vineet Mittal, Chairman, Avaada Group; Dan Schulman, Vice Chairman & Managing Partner, Valor Capital Group; Robert Smith, Founder, Chairman & CEO, Vista Equity Partners; and Julie Sweet, Chair & CEO, Accenture explored how AI could create up to $10.3 trillion in economic value by 2038. This session urged companies to develop AI responsibly to ensure equitable benefits across society.
2. Ocean Central Announcement: Her Royal Highness Ambassador Reema Bandar Al-Saud, the Ambassador of the Kingdom of Saudi Arabia to the United States of America, announced the launch of Ocean Central, a digital platform developed by Wave and powered by FII Institute which collates data, and provides a clear and evolving view of ocean health, an urgently needed resource in efforts to regenerate our oceans.
HRH Ambassador Reema Bandar Al-Saud founded Wave as an initiative to champion ocean regeneration within a human generation, an ambitious but achievable aspiration, utilizing science-backed methodologies.
Wave has developed Ocean Central as a collaborative digital platform to unify once-disparate scientific ocean data by fostering collaboration, empowering decision-makers, and tracking collective progress toward ocean regeneration. Ocean Central combines accessibly displayed data with data-driven stories, relevant video content, news, and other ocean regeneration content to broaden users’ perspectives, shine light on the challenges ahead, celebrate successes, and foster a deeper appreciation for our planet’s ocean and our work to save it. To learn more, visit www.oceancentral.org
3. AI and Geopolitics of Technology with Dr. Eric Schmidt, Former CEO & Chairman, Google, KBE: Dr. Eric Schmidt delivered a discussion on the geopolitical impact of AI, exploring how advancements in cybersecurity and digital infrastructure are reshaping international relations. His address emphasized the importance of cooperation in data governance and digital trade to navigate a world of increasing technological competition.
4. The Global Future of Work Compass
The FII Institute unveiled its latest research, the Global Future of Work Compass, based on responses from over 1,300 people and 200 companies in the MENA region. The report indicates that 50% of respondents find advanced technology disruptive, and 46% believe youth tech training is insufficient, underscoring the need for proactive education reform and upskilling. Read the Full Report Here.
6. Support for the Symphony of Hope Gala
The FII Institute contributed $100,000 to the Symphony of Hope Gala, advocating for individuals affected by celiac disease globally. This support aligns with the FII Institute’s commitment to inclusive health initiatives and creating awareness for pressing health concerns.
7. ‘Clash of the Titans’ Debates
In a lively debate session titled “Clash of the Titans,” thought leaders exchanged views on three critical issues: Money, Truth, and Power. This dynamic format allowed for fresh insights into these epoch-defining challenges.
8. The Rise of Global Megaregions
Speakers from leading global institutions explored the concept of megaregions—large, interconnected economic zones—as new centers of opportunity. They discussed the role of capital in supporting these economic hubs through innovative solutions and infrastructure investments.
9. Future of Resources: Achieving Clean Industries
Panellists debated the feasibility of clean industries amid rising demand for critical minerals in renewable technologies. Leaders from SABIC, Sigma Lithium, Vale, Ivanhoe Mines and Ma’aden addressed the challenge of responsibly managing resources to support sustainable growth.
10. Building A Future-Ready Workforce
The potential for AI to redefine the future of work was a central theme, with discussions on adapting education and training to meet evolving demands. Industry experts highlighted how AI could contribute $13 trillion to the global economy by 2030, transforming job roles and creating new growth opportunities.
With a commitment to “Investing Today, Shaping Tomorrow,” the FII Conference continues to pave the way for meaningful investments that drive progress, innovation, and sustainability worldwide. With over 45 sessions held on topics such as green technology and digital transformation in emerging markets, FII8 serves as a platform for exploring innovative solutions to global challenges. The insights shared here are critical to shaping future investment landscapes, empowering leaders, and fostering impactful partnerships.
12. Announcements: Today, FII8 witnessed the announcement of 11 new financial announcements all investing in impactful solutions for humanity. Alongside these announcements, 6 strategic partnerships were established, underscoring a commitment to driving positive change across diverse sectors including technology, quality of life, innovation, and sustainability.
ENDS
For media inquiries, please contact: media@fii-institute.org
About FII Institute
The Future Investment Initiative (FII) Institute is a global non-profit foundation focused on creating positive impacts on humanity. Through its investment arm, FII Institute transforms ideas into solutions across four areas: Artificial Intelligence & Robotics, Education, Healthcare, and Sustainability.
Published October 29, 2024 – Riyadh:
A global survey has revealed dramatic drops in satisfaction levels amongst citizens from 24 countries, representing 62% of the world’s population.
Over half of respondents reported they were dissatisfied with the world situation – an 11% drop from 2023 levels. The US has seen a 20% drop in confidence levels in the past year.
Financial insecurity ranks as the top concern for all citizens, with inflation and job security the main issues. Concerns about poor government performance, healthcare, and technology have displaced environmental concerns, which have dropped to fifth place and represent the top concern for only 13% of respondents.
These shifts provide insight for leaders and policymakers as they seek to navigate global economic challenges and increasingly polarised societies.
The survey commissioned by the Future Investment Initiative (FII) Institute, in partnership with Ipsos, identifies citizen sentiment, focusing on the economy, health, technology, healthcare, and government performance.
This survey, known as FII PRIORITY Compass, takes place every year and polls a demographically representative sample of ages, backgrounds, and countries, providing data and insights that help shape and inform discussions at FII Institute summits throughout the year.
The purpose of the institute is to make a positive impact on humanity by addressing common issues facing humanity, such as economic growth, prosperity, climate change, technology regulation, and equitable access to healthcare and education.
This year’s FII PRIORITY Compass report identifies several key issues:
- Levels of dissatisfaction are plummeting worldwide
- 40% of respondents selected cost of living as their main concern for the third consecutive year
- 57% report worsening inflation, with this issue especially acute in the Global North where 66% cite inflation worsening
- Governance ranked as a second priority for world with 71% of respondents expressing dissatisfaction with corruption levels in their countries, with particularly high concerns in regions with political instability
- Healthcare is the third biggest concern, with more than 50% not satisfied about the adequate number of doctors, the most commonly reported issue
- Only 13% of respondents report that the environment is their top concern
- The only country where environment is the top concern of citizens is India
- The Global South is much more optimistic (60%) than Global North (34%) about the potential of technology to improve their lives
- Of all countries surveyed– the citizens of Saudi Arabia are most satisfied with their own lives (84%)
- 37% view AI as a potential threat, while 39% are uncertain, highlighting societal concerns about its impact
FII8 takes place in Riyadh (29 – 31 October), with over 8000 delegates, including leaders, investors and innovators are taking part in over 200 panels and discussions designed to tackle the big issues facing humanity. This research will inform these discussions by providing insights into the actual issues that impact everyday people.
FII8 happens one month after world leaders gathered in New York for the United Nations General Assembly (UNGA) and three weeks before G20 leaders meet in Rio de Janeiro. It happens four weeks before world leaders gather to discuss climate action at COP29 in Azerbaijan.
Richard Attias, CEO of the Future Investment Initiative Institute says:
“This study is a wake-up call for leaders and policymakers worldwide. The findings make sobering reading, representing as they do the genuine concerns of citizens across the globe. We have a unique opportunity to shape a better and safer world, but only if leaders tune in the issues that matter.”
Read the Full Report Here.
For media inquiries, please email: media@fii-institute.org
About FII Institute
The Future Investment Initiative (FII) Institute is a global non-profit foundation driven by data with an investment arm and one agenda: Impact on Humanity. Global and inclusive, we foster great minds from around the world and turn ideas into real-world solutions in four critical areas: Artificial Intelligence (AI) & Robotics, Education, Healthcare and Sustainability.
RIYADH, Kingdom of Saudi Arabia – October 29, 2024 – The opening day of the 8th annual Future Investment Initiative (FII) kicked off at the King Abdulaziz International Conference Center, where global leaders, visionary innovators, and influential investors gathered to explore the theme “Infinite Horizons: Investing Today, Shaping Tomorrow.”
Under the leadership of CEO Richard Attias, FII Institute once again showcased its commitment to redefining the future of global investment and innovation, sparking dialogues around critical issues shaping the world. In attendance was Dr. Mustapha Madbouly, Prime Minister, Arab Republic of Egypt and Prime Minister of Pakistan, Shahbaz Sharif.
“The Future Investment Initiative is about breaking traditional boundaries in thinking and expanding the possibilities of human achievement,” said Richard Attias, CEO of FII Institute. “On Day 1, we’ve seen global visionaries layout powerful ideas and strategies that will shape how we address today’s most pressing challenges and open up new horizons for humanity.”
1. Standout moments from Day 1 of FII8: Opening Plenary Session: The day commenced with insightful remarks by Attias, setting the stage for discussions that would bridge investment, innovation, and sustainable development. H.E. Yasir Al-Rumayyan, Governor of the Public Investment Fund (PIF), followed with a call to action, urging leaders to harness innovative strategies in the face of global shifts.
2. H.E. Yasir Al-Rumayyan introduced the findings of the 2024 FII PRIORITY Compass: providing crucial insights into the evolving landscape of global challenges. The report highlighted urgent priorities such as cost of living, governance and healthcare, urging stakeholders to align their strategies with sustainable development goals. He notes, “At this crucial moment, we stand on the edge of infinite horizons. We have the responsibilities and opportunities to shape a future that invests not only in our economies, but in humanity itself.” Read the Full Report Here.
3. Board of Changemakers: Geoeconomics: A distinguished panel, including BlackRock’s Laurence Fink, Moderna’s Stéphane Bancel, Hong Kong Exchanges and Clearing Limited Laura Cha, Citadel’s Ken Griffin, Sanofi’s Paul Hudson, Google’s Ruth Porat, HSBC’s Former Group CEO Noel Quinn, Facebook’s Co-founder Eduardo Saverin, Former CEO & Chairman, Google KBE Dr. Eric Schmidt, The Blackstone Co-Founder and Chairman, Stephen Schwarzman and Carlye Chairman and FII Institute Secretary of the Board, David Rubenstein discussed the rising influence of the Global South, technological disruptions, and the need for novel economic systems to support sustainable global progress.
4. Special Conversation on Energy: H.R.H. Prince Abdulaziz bin Salman Al Saud highlighted Saudi Arabia’s leading role in the energy transition, emphasizing sustainable energy development as critical to achieving net-zero targets worldwide.
5. Second Board of Changemakers: Banking & Investment: Industry titans, including H.E. Dr. Muhammad Al Jasser, Chairman, Islamic Development Bank (IsDB) Group; Tony O. Elumelu, Chairman, United Bank for Africa (UBA) Group; Founder, Tony Elumelu Foundation; Jane Fraser, CEO, Citi; Jenny Johnson, President & CEO, Franklin Templeton; Ron O’Hanley, Chairman & CEO, State Street Corporation; Ted Pick, CEO, Morgan Stanley; Marc Rowan, Co-Founder & CEO, Apollo Global Management; Harvey M. Schwartz, CEO, Carlyle; Neil Shen, Founding & Managing Partner, HongShan; David Solomon, Chairman & CEO, Goldman Sachs; Makoto Takashima, Chairman of the Board, Sumitomo Mitsui Banking Corporation; and Bill Winters, Group CEO, Standard Chartered Bank analyzed the changing dynamics in financial management, emphasizing adaptability in the face of evolving economic conditions and geopolitical factors.
6. Titan of Industry – TikTok CEO Shou Chew captivated audiences with insights into the impact of social media and digital platforms on global community-building, creativity, and cultural exchange, moderated by Richard Attias. Chew said “TikTok has more than a billion users now. It’s not just an app for young people but caters to everyone. It is not just about entertainment, but community, heritage, culture and arts.”
7. Launch of the AI Inclusive Initiative: A global pledge aimed at ensuring inclusive AI deployment in emerging markets. This initiative brings together tech companies, knowledge partners, government policymakers, and the private sector. Funding will be deployed to projects in Emerging Markets. FII Institute 19 Knowledge Partners will be providing expertise and capacity-building support.
8. Third Board of Changemakers on AI: Future of AI including CEOs such as Shou Chew, CEO, TikTok; Jack Hidary, CEO, SandboxAQ; Benjamin Horowitz, Co-Founder & General Partner, Andreessen Horowitz; Travis Kalanick, CEO, CloudKitchens; Ruth Porat, President & CIO, Alphabet & Google; Jay Puri, Executive Vice President of Worldwide Field Operations, NVIDIA; Dr. Eric Schmidt, Founder & CEO, Schmidt Family Foundation; Co-Founder, Schmidt Sciences; Former CEO & Chairman, Google and Dr. Peter H Diamandis, Founder and Executive Chairman, XPRIZE Foundation focused on significant advancements in AI technologies over the past year, including breakthroughs in areas such as generative AI. The session also addressed the dual-edged impact of AI on employment. The conversation turned to the ethical challenges posed by AI, such as algorithmic bias, privacy concerns, and the implications of AI in decision-making processes.
9. A Special Discussion on The Future of AI with Elon Musk, CEO, Tesla; Founder, SpaceX; and Founder, xAI left FII8 guests with key insights on how AI should prioritize the well-being of humanity. He emphasized, “Going Forward, we need AI that loves humanity, which is why xAI was created. It seeks the best interests of humanity” promoting a future where these technologies serve to uplift and enhance the human experience.
10. Announcement: Today, 12 financial and non-financial announcements were made all centered around the theme of investing in impactful solutions for humanity. These announcements highlight a commitment to fostering positive change across various sectors, emphasizing sustainable development, and innovation.
As FII8 progresses during the week, the Institute will convene deeper discussions on fostering collaboration, responsible investment, and bold new solutions that transcend conventional boundaries, all in pursuit of a sustainable and prosperous future for all.
ENDS
For media inquiries, please contact: media@fii-institute.org
About FII Institute
The Future Investment Initiative (FII) Institute is a global non-profit foundation driven by data with an investment arm and one agenda: Impact on Humanity. Global and inclusive, we foster great minds from around the world and turn ideas into real-world solutions in four critical areas: Artificial Intelligence (AI) & Robotics, Education, Healthcare and Sustainability.
Riyadh – Twelve international companies have been added to the FII Institute’s roster of Strategic Partners. These companies join a growing community of leaders from business, technology, aviation, energy, academia, and public policy committed to creating a sustainable and equitable future.
The FII Institute runs a year-round program of global initiatives, international summits, policy development, global surveys, and indices. Strategic Partners are central to this program, providing leadership, delegates, and participating in a range of initiatives.
The twelve new Strategic Partners are ACWA Power, ALAT, Claure Group, Franklin Templeton, King Salman International Airport, Minerva Foods, NBK, Premium Residency Center, Riyadh Air, and SCAI. Additionally, FII Institute is thrilled to introduce General Atlantic and Lakestar as our inaugural Venture Program Partners. Venture Program Partners are leading firms that will also play a key role in the upcoming FII8 Investment Day. FII Institute Venture Program brings together entrepreneurs and distinguished leaders in innovation, investment, business, and education fostering collaboration to tackle global challenges in AI and robotics, sustainability, health, and education.
The twelve new Partners join existing Strategic Partners including Founding Partner – Public Investment Fund (PIF) of Saudi Arabia, Vision Partners – the Ministry of Investment of Saudi Arabia and Aramco, Diriyah, Emaar, GFH, HSBC, KAFD, Ma’aden, NEOM, New Murabba, Red Sea Global, Riyad Bank, ROSHN, Royal Commission for AlUla, SABIC, Sanabil Investments, SNB, SoftBank Vision Fund, Standard Chartered, State Street, STC, THIQAH, and Vision Invest.
This year’s FII8 activities will culminate in four days of focused discussion about challenges facing humanity and a full week of side events, scheduled to take place in Riyadh between 28 and 31 October. Over six hundred speakers, and eight thousand delegates, including world leaders, ministers, CEOs, investors, founders, and public policy experts, will attend the globally recognized annual conference.
‘FII8 Support Partners’ include BMW, Saudia, Dr. Sulaiman Alhabib and Saudi Electricity Company.
Insights, thinking, and dedicated panel discussions are supported by ‘knowledge and academic partners’ from leading consultancies, universities and institutions: Accenture, ADL, Bain & Company, BCG, Columbia, Deloitte, EY, FPA2, EY, The Global Fund, Hevolution, Kearney, KPMG, McKinsey, Oliver Wyman, PWC, Strategy&, UNDP, UNHCR, UNICEF, World Bank, King Abdullah University of Science and Technology (KAUST) and UM6P.
Richard Attias, CEO of the FII Institute said, “Our partners are fundamental to our mission at FII Institute to make a positive impact on humanity. As our network expands, we are uniting a global force for positive change and creating impactful initiatives. By joining forces with over 60 exceptional partners, we are harnessing a collective power to address pressing challenges and create a more sustainable future. Together, we are pushing boundaries and creating a better world.”
Media Inquiries
Please address any inquiries to: media@fii-institute.org
About FII Institute:
The Future Investment Initiative (FII) Institute is a global non-profit foundation with an investment arm and one agenda: Impact on Humanity. Global, inclusive, and driven by data: we foster great minds from around the world and turn ideas into real-world solutions and actions in four critical areas: Artificial Intelligence (AI) and Robotics, Education, Healthcare and Sustainability.
October 18, 2024
RIYADH – The Future Investment Initiative (FII) Institute is thrilled to announce the distinguished speakers and the full program lineup for the highly anticipated FII8 Conference, taking place from October 28-31, 2024, at the iconic King Abdulaziz International Conference Center.
FII8 will also feature two dynamic pre-summits on October 28: the New Africa Summit and HERizon Summit. The New Africa Summit will tackle opportunities in multiple sectors in Africa, and the evolving risk landscape, while the HERizon Summit will ignite discussions on the pivotal role of women in driving global economic growth and reshaping the future of healthcare, among other pressing topics.
Following in the footsteps of the United Nations General Assembly (UNGA) and COP29, FII8 aims to illuminate the most critical challenges facing our world today—from finance, energy, investment, policy, and artificial intelligence to business, climate change, and cutting-edge innovation. This influential conference brings together world leaders, changemakers, and thought pioneers to craft tangible solutions and foster game-changing collaborations between governments and businesses.
Key Speakers include: H.E. Sultan Ahmed bin Sulayem, Group Chairman & CEO, DP World; Stéphane Bancel, CEO of Moderna Therapeutics; Shou Zi Chew, CEO of TikTok; Laurence D. Fink, Chairman and CEO of BlackRock; Jane Fraser, CEO of Citi; Kenneth C. Griffin, Founder and CEO of Citadel; Hon. Dame Julia Hoggett, CEO of the London Stock Exchange; Travis Kalanick, CEO of CloudKitchens; Ruth Porat, President and Chief Investment Officer, Alphabet & Google; Jay Puri, Executive Vice President, Worldwide Field Operations, NVIDIA; David Rubenstein, Co-Founder and Co-Chairman of The Carlyle Group; and Dr. Eric Schmidt, Founder and CEO, Schmidt Family Foundation; Co-Founder, Schmidt Sciences, Former CEO and Chairman of Google.
With over 180 panels and 500+ speakers, FII8 includes the Board of Changemakers sessions on Geoeconomics, Banking and Investments, Artificial Intelligence, Technology and Innovation. Selected top panels will explore topics such as “How Leaders Can Develop New Strategies to Drive Growth” and feature conclaves on Healthy Lifespan and Aging, the Future of Work, Industry 5.0, Preventive Medicine, Regenerative Cities, and the Future of AI.
Under the theme, Infinite Horizon: Investing Today, Shaping Tomorrow, the possibilities are boundless, and the potential for positive change is infinite. Join the movement to harness the power of innovation and create a brighter future for all.
For a complete program of FII Institute’s flagship Conference visit: FII8 Webpage
For media inquiries, please email: media@fii-institute.org
About FII Institute
THE FUTURE INVESTMENT INITIATIVE (FII) INSTITUTE is a global non-profit foundation driven by data with an investment arm focused on impactful initiatives for humanity. Globally committed to environmental, social, and governance (ESG) principles, we foster great minds worldwide and turn ideas into real-world solutions in five critical areas: artificial intelligence (AI) and robotics, education, healthcare, and sustainability.
15 OCT 2024 –Riyadh, Minerva Foods, a multinational food company and one of the world’s leading beef producers, is committed to creating connections between people, food and nature, and FII Institute, a global non-profit foundation with an investment arm and one agenda: Impact on Humanity, has announced their strategic partnership aimed at accelerating the transition to sustainable food systems. This partnership enables Minerva Foods to contribute to meaningful initiatives that drive positive change in the global food system, promote sustainable practices, and address relevant causes such as food security, climate change, and supply chain transparency. Through collaboration and knowledge sharing, FII Institute and Minerva Foods aim to drive sustainable transformation in the food industry. The partnership will also support investment in sustainable food technologies to drive innovation and improve efficiency.
Minerva Foods, a multinational food company and one of the world’s leading beef producers, committed to creating connections between people, food and nature, will be present at FII8, a meeting of leaders and executives from around the world, to discuss investment opportunities that provide sustainable growth for countries.
Minerva Foods maintains a strategy of expanding geographic diversification, with the aim of mitigating risks and maximizing opportunities in the global animal protein market, always respecting our commitment to financial discipline, sustainability and creating value for shareholders. This strengthens its position as a leading global player in the animal protein market from South America. The Company emphasizes respect for consumers, ensures the welfare of livestock, and maintains food safety throughout its production cycle.
MyCarbon, a subsidiary of Minerva Foods for the origination and sale of carbon credits, is one of the company’s main investments. The company was created to promote a new business model based on sustainability, transforming production chains to address climate change. MyCarbon also supports Minerva Foods’ decarbonization journey, promoting regenerative practices alongside the suppliers.
FII Institute is renowned for its commitment to advancing knowledge and fostering profound dialogue on critical investment around sustainable food systems. Gathering leaders and visionaries from across the globe, FII Institute provides a variety of platforms for meaningful exchanges and impactful initiatives. Besides, FII Institute publications such as the FII Priority Compass, Impact Reports, White papers, Op-eds, and grassroots initiatives on education in Kenya and Brazil demonstrate our commitment to supporting sustainable development and attracting investment globally. The FII Institute also convenes world leaders, policymakers, top CEOs, investors, academia, NGOs, entrepreneurs, innovators, scientists, activists, and media for its annual flagship conference in October in Riyadh. It also hosts FII PRIORITY summits worldwide in cities like Miami, Hong Kong, and Rio de Janeiro, which serve as international hubs of investment, innovation, and inspiration.
Richard Attias, CEO of the FII Institute, welcomed Minerva Foods to its growing list of international partners noting “This partnership marks a significant milestone for both FII Institute and Minerva Foods, as it represents the first strategic collaboration of its kind with a Latin American company. Minerva Foods’ participation at the FII Summit in Rio de Janeiro demonstrated its commitment to building strong relationships with FII Institute. We aim to leverage our combined expertise to drive positive change in the global food supply chain and promote sustainable food systems.”
Fernando Queiroz, CEO of Minerva Foods, commented “The remarkable growth Saudi Arabia is experiencing, coupled with Brazil’s advancements in food production, establishes a strong and long-lasting foundation for cooperation between our two nations. This partnership presents significant opportunities to develop a production hub in Brazil, complemented by a logistics hub in Saudi Arabia. Together, we can contribute more meaningfully to addressing the global challenge of feeding the world’s population.”
FII Institute will welcome over 7,000 registered attendees and over 500 speakers for the flagship annual conference FII8 from October 28 – 31 under the theme, “Infinite Horizons: Investing Today, Shaping Tomorrow. Discussions will focus on disruptive technology, connecting ideas to investments, and accelerating innovation for the betterment of business and society.
Media Inquiries
Please address any inquiries to: media@fii-institute.org
About FII Institute:
The Future Investment Initiative (FII) Institute is global non-profit foundation with an investment arm and one agenda: Impact on Humanity. Global, inclusive, and driven by data: we foster great minds from around the world and turn ideas into real-world solutions and actions in four critical areas: Artificial Intelligence (AI) and Robotics, Education, Healthcare and Sustainability.
About Minerva Foods
Minerva Foods is the largest beef exporter in South America and operates in the industrialized segment, selling its products to more than 100 countries across 5 continents. In addition to Brazil, Minerva Foods is present in Paraguay, Argentina, Uruguay, and Colombia, and has specialized sheep plants in Australia and Chile. The company supplies five continents with beef, lamb, and their by-products and currently operates 46 industrial units, 17 international offices, and 23 distribution centers.
About MyCarbon
MyCarbon is a subsidiary of Minerva Foods, a leading exporter of beef in South America. The Company’s goal is to originate carbon credits and connect them to companies that wish to neutralize their emissions in a transparent, safe and sustainable manner. The company develops and markets carbon credits in line with international standards, creating financial opportunities for nature conservation, accelerating climate action and promoting a low-carbon future.