The Future Investment Initiative (FII), set to occur in Riyadh from October 29 to 31, will emphasize artificial intelligence and new technologies. The event marks a shift in focus from traditional financial sectors to technology-driven industries and aims to foster collaboration between established CEOs and emerging entrepreneurs. The FII, regarded as a key global platform, has facilitated substantial investment deals and seeks to address critical global challenges through sustainable investments.
In the upcoming Future Investment Initiative (FII) conference, taking place in Riyadh from October 29 to 31, discussions will primarily focus on artificial intelligence (AI) and new technologies. Richard Attias, CEO of the FII Institute, emphasizes a pivotal shift toward tech-centric industries compared to previous years, which predominantly featured participants from traditional financial sectors. Attias commented on the conference’s evolution, noting, “This year, we are extremely happy to see that we have more and more people coming from the tech industries, including AI, because AI is everywhere, and AI is now. And AI is disrupting almost all industries and all sectors.” This reflects significant global trends, as industries across the board are being transformed by technology. The FII aims to foster an inclusive environment that bridges established CEOs from traditional economies with emerging entrepreneurs. Attias highlights the importance of the FII as a networking opportunity that transcends mere socializing and focuses on actionable partnerships, stating, “People are coming back because they find great content, they are inspired, they realize that these platforms, such as FII, are calls to action. They also make deals.” The annual event has made substantial contributions to global economic relations, having facilitated deals worth approximately $128 billion over its seven-year history. With Saudi Arabia’s strategic position as the host for this year’s FII, Attias notes the Kingdom’s role in promoting global discourse among key powers, including substantial dialogues between Chinese and American representatives. This maneuvering represents an effort to address pressing issues such as inflation, climate change, and digital transformation in a collaborative, solution-oriented atmosphere. Attias elaborated on the Kingdom’s economic transformation and Vision 2030, underscoring that Saudi Arabia is progressing towards a diversified economy beyond its oil-producing past. The emphasis on sustainable investment is also central to the FII’s ethos. Attias foresees the potential for its new ESG (Environmental, Social, and Governance) framework to unlock significant investments, particularly in emerging markets. As the conference gears up to welcome an international assembly of leaders, Attias remains optimistic about the future, reinforcing the notion that optimism and collaboration are vital for fostering global stability and prosperity. “Humanity is extremely resilient. Trust me,” he articulated.
The Future Investment Initiative (FII) is an annual conference that brings together leaders from various sectors to explore the future of industries, governance, and humanity. Initiated in 2017, FII has quickly gained prominence and is often referred to as ‘Davos in the Desert’ due to its global significance. This year marks a notable shift in focus towards technological innovation, specifically artificial intelligence. The FII serves as a platform for networking, brainstorming, and establishing valuable business deals while addressing pivotal issues such as sustainable development and global economic dynamics. The conference exemplifies the growing importance of collaborations that transcend industries to tackle complex global challenges.
The Future Investment Initiative is poised to be a significant platform for advancing discussions on artificial intelligence and technology-driven industries, highlighting Saudi Arabia’s evolving role in the global economic landscape. With an impressive history of deal-making, the FII not only promotes networking but also drives real-world solutions to pressing challenges. As the world anticipates this year’s gathering, optimism and collaboration emerge as focal themes, reinforcing the belief that investment and innovation play crucial roles in achieving global stability and sustainability.
Original Source: www.arabnews.com
