Middle East

Saudi Public Investment Fund announces 2nd Future Investment Initiative

Tue, 2018-05-08 23:57

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 worlds 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 Arabias 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.

Main category: Saudi ArabiaTags: Saudi ArabiaSaudi Public Investment Fund (PIF)Future Investment Initiative (FII) New PIF office bearers take oath of officeSaudi Public Investment Fund signs agreement with Six Flags to create amusement park in Riyadh

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