Saudi Public Investment Fund announces 2nd Future Investment Initiative

The FII 2018 will bring together renowned visionaries with the power to shape the future of global investment under three themes: Investing in transformation, technology as opportunity, and advancing human potential.
Updated 22 October 2018
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Saudi Public Investment Fund announces 2nd Future Investment Initiative

  • The FII 2018 will bring together renowned visionaries with the power to shape the future of global investment
  • The FII was launched as an international platform for debate between investors, innovators, governments and economic leaders

JEDDAH: The Saudi Public Investment Fund (PIF) has announced the second Future Investment Initiative (FII), which will take place on Oct. 23-25 in Riyadh.
The FII 2018 will bring together renowned visionaries with the power to shape the future of global investment under three themes: Investing in transformation, technology as opportunity, and advancing human potential.
The FII was launched as an international platform for debate between investors, innovators, governments and economic leaders. 
The inaugural event in 2017 saw more than 3,800 participants from more than 90 countries discuss topics such as energy, infrastructure, artificial intelligence, robotics and new growth areas.
The second edition aims to continue building active, international networks of influential actors to further explore emerging industries that will shape the global economy and investment environment over the coming decades.
The PIF “is developing into one of the world’s leading and most impactful sovereign wealth funds, and we look forward to continuing to build strong strategic partnerships while also showcasing the opportunity for private sector participation as… Saudi Arabia’s economy continues to expand and diversify,” said PIF Managing Director Yasir Al-Rumayyan.
The FII is being organized in the context of the Vision 2030 reform program, which is charting the path for the Kingdom to harness its investment capabilities and strategic location to become a global investment hub.
Further updates on the 2018 program, partners and speakers will be announced over the coming months.


Riyadh Art will transform capital into open art exhibition

Updated 7 min 35 sec ago
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Riyadh Art will transform capital into open art exhibition

RIYADH: Minister of Culture Prince Badr bin Abdullah bin Farhan thanked King Salman and Crown Prince Mohammed bin Salman on Thursday, for the launch of several projects aimed at improving the quality of life in the Kingdom, including Riyadh Art — a project that will reportedly involve the world’s largest government investment in public art.
Prince Badr said in a statement that Riyadh Art, through the implementation of more than 1,000 works of art, will transform the capital city into “an open art exhibition” reflecting the spirit of Saudi Arabian traditions in a modern way.
By bringing together artists and specialists from across the world, he added, the Kingdom will reap intangible returns, including intellectual and aesthetic enrichment.