RIYADH: The eighth edition of the Future Investment Initiative (FII) concluded on Thursday under the theme “Infinite Horizons: Investing Today, Shaping Tomorrow.” Global leaders, investors, and innovators attended the event, which was held from October 29 to 31 and explored a wide range of topics and unveiled several significant initiatives, according to the Saudi Press Agency (SPA).
FII Institute chief executive and board member Richard Attias has highlighted the event’s role in breaking traditional boundaries and extending the potential of human achievement, the SPA added. He has also emphasized the significance of addressing urgent global priorities such as governance, the cost of living and healthcare.
Future Investment Initiative
The SPA reported that the conference sessions have explored the concept of megaregions —large, interconnected economic zones— as new centers of opportunity. They also discussed the role of capital in supporting these economic hubs via innovative solutions and infrastructure investments, according to the SPA. Experts explored the transformative power of artificial intelligence (AI), which is projected to contribute $13 trillion to the international economy by 2030.
Global leaders and decision-makers also shared insights into initiatives aimed at addressing critical challenges and enhancing the lives of citizens. The FII also witnessed the launch of several groundbreaking initiatives, including a global initiative to enable artificial intelligence (AI) in emerging markets and the Ocean Central, a digital platform developed by Wave and powered by FII Institute, which also collates data and provides a clear and evolving view of ocean health, an urgently required resource in efforts to regenerate our oceans, the SPA added. Additionally, numerous investment initiatives were also announced to support innovative projects in healthcare, renewable energy, and technology.
On the occasion, the FII Institute launched three major initiatives: Human health, AI Inclusive, and Wave for the Ocean, the SPA added. The initiatives aim to enhance the lives of millions of people by providing free health checks, promoting sustainable practices and reducing healthcare costs. The institute also released various reports, including the FII PRIORITY Compass as well as the Global Future of Work Compass, which provide valuable insights into international trends and challenges.
The FII PRIORITY Compass, based on the opinions of over 22,000 people from 21 nations, highlighted international priorities such as healthcare, governance, and the cost of living, the SPA added. The Global Future of Work Compass surveyed more than 1,300 individuals and 200 companies from the Middle East and North Africa (MENA) region, according to the SPA.
