The Future Investment Initiative (FII) will convene in Riyadh from October 29 to 31, emphasizing artificial intelligence and new technologies. CEO Richard Attias highlighted the shift towards tech industries at this year’s conference while celebrating FII’s ability to thrive since its launch despite early skepticism. The forum aims to facilitate sustainable investments and inspire solutions to global challenges, building partnerships across various sectors.
The Future Investment Initiative (FII) is set to take place in Riyadh, Saudi Arabia, from October 29 to 31, with a focus on artificial intelligence (AI) and advanced technologies. The CEO of the FII Institute, Richard Attias, articulated that this year’s agenda represents a pivotal shift toward technology-driven industries, marking the growing representation of tech professionals alongside traditional financial sector participants. Attias emphasized the crucial role of AI, stating that it is ubiquitous and transforming various sectors. Initially met with skepticism at its inception in 2017, FII has demonstrated significant resilience and growth, facilitating deals worth $128 billion over the past seven years while drawing a diverse array of global leaders, CEOs, and innovators. Attias noted that attendance has surged post-pandemic, affirming the necessity of in-person discussions, as well as the importance of Saudi Arabia’s geographical positioning as a central hub for global economic dialogue. The conference not only aims to foster connections among industry leaders but also to promote sustainable investments, adopting a new ESG framework tailored to include emerging economies. This approach seeks to mobilize investments to address pressing global challenges such as climate change and social inequality. Attias articulated the forum’s mission to inspire optimism and facilitate collaboration in finding actionable solutions in a continuously evolving world. Despite geopolitical tensions, Attias remains confident in the potential for constructive engagement through investment and cooperation, reiterating that the realm of private enterprise must continue to pursue prosperity as a path toward peace.
The Future Investment Initiative (FII) is an annual conference held in Saudi Arabia that brings together leaders from various industries, including finance, technology, and policy-making, to discuss and strategize on global economic advancements and sustainable development. The forum has gained recognition for its ability to facilitate substantial financial agreements although it initially faced doubts regarding its relevance and feasibility. With a renewed focus on technology, particularly AI, FII seeks to remain at the forefront of global economic discussions and innovations, employing Saudi Arabia’s strategic position as a catalyst for international collaboration.
In summary, the Future Investment Initiative in Riyadh is poised to highlight the significance of AI and technology in shaping future industries. With an expanding global network of participants, the forum aims to drive sustainable investment and foster essential dialogues that transcend economic challenges. Richard Attias’s insights underscore FII’s commitment to creating an inclusive platform for diverse stakeholders, ultimately promoting a hopeful perspective for future global cooperation and economic stability.
Original Source: www.arabnews.com
