Prime Minister, Mostafa Madbouly, represents President Abdel-Fattah El-Sisi at the eighth edition of the Future Investment Initiative (FII), under the theme “Infinite Horizons: Investing Today, Shaping Tomorrow”.
Kicking off yesterday in Riyadh, the hallmark event is attracting over 5,000 attendees and 500 distinguished speakers from diverse sectors, including policymakers, CEOs, and economic experts.
PM’s Remarks
During his remarks, Madbouly commended the success of the FII in attracting investment and showcasing Saudi Arabia’s development efforts.
“The conference has achieved significant success over the past years in attracting investments and highlighting Saudi Arabia’s development efforts,” Madbouly said.
He referred to the steps taken for bosting the private sector’s investments . This includes unifying the exchange rate, granting golden licenses, and the government’s privatization program.
Madbouly concluded his remarks by expressing pride in the strategic partnership between Egypt and Saudi Arabia.
FII8… Platform For Sustainability
FII8 features collaborative discussions on sustainable economic growth. With over 200 sessions planned, the conference will delve into topics ranging from economic stability and equitable development to the impact of artificial intelligence and climate change.
A Platform for Change
In the wake of global disruptions, discussions will center on how nations can build more resilient economies. This includes diversifying supply chains and investing in technology that promotes sustainability.
With climate change at the forefront of global discourse, FII8 explores innovative investment strategies that align economic growth with environmental stewardship. Expect discussions on renewable energy, sustainable agriculture, and the role of policy in driving change.
Global Collaboration
The FII8 is not just a gathering of minds; it is a call to action for global collaboration. As the world faces interconnected challenges, the initiative emphasizes the need for partnerships across borders. By fostering dialogue and collaboration, FII8 aims to catalyze investments that can reshape the future.
Looking Ahead
FII8 also dubbed “Davos in the Desert” kicked off today in Saudi Arabia’s Riyadh. The initiative is seen as kingdom’s ambitious drive to place itself as a global investment hub.
FII8 offer the discussions and strategies emerging from Riyadh will be critical in navigating the complexities of tomorrow’s economic landscape.
