Current location:sport >>
6th Future Investment Initiative conference concludes in Saudi Arabia
sport59People have gathered around
IntroductionPhoto taken on Oct. 27, 2022 shows a view of the 6th edition of the Future Investment Initiative (FI ...
Photo taken on Oct. 27, 2022 shows a view of the 6th edition of the Future Investment Initiative (FII) conference in Riyadh, Saudi Arabia. The 6th Future Investment Initiative (FII) conference ended on Thursday in the Saudi Arabian capital of Riyadh, building on its previous achievements with the signing of various cooperation deals. (FII Institute/Handout via Xinhua)
RIYADH, Oct. 27 (Xinhua) -- The 6th Future Investment Initiative (FII) conference ended on Thursday in the Saudi Arabian capital of Riyadh, building on its previous achievements with the signing of various cooperation deals.
The three-day conference, held under the theme "Investing in Humanity: Enabling a New Global Order," gathered 6,000 participants including policymakers, investors and entrepreneurs from various countries to discuss the world's most pressing issues and challenges facing the global economy and new pathways for global investment.
Speaking at the conference on Thursday, Saudi Minister of Economy and Planning Faisal bin Fadhil Alibrahim highlighted how emerging sectors and the creation of thousands of new jobs are driving long-term value for the kingdom.
He said that Saudi Arabia's Supply Chain Resilience Initiative, a multi-billion-dollar project, aims to make the kingdom a location of choice for leading global industrial companies.
On the final day of the event, several sessions were held to discuss topics such as the opportunities provided by the COVID-19 pandemic to expand investments in venture capital and new projects. A special session was held to discuss why China is a key investment ally for the Middle East.
This year's edition witnessed the launch of the Algoritmi Prize by the FII Institute, with support from the global research publisher Springer Nature.
The annual science and technology prize was created to celebrate the artificial intelligence (AI) and robotics research that has the potential to produce real-world solutions that address global challenges.
The institute also announced the launch of its new exclusive Membership Program, giving global investors and change-makers a chance to join its growing community.
During the conference, five investment companies were created by the Saudi Public Investment Fund to invest in Bahrain, Iraq, Jordan, Oman and Sudan.
Saudi Aramco announced the launch of a global sustainability fund with 1.5 billion U.S. dollars, one of the largest in the world, to invest in technology that can support a stable and inclusive energy transition.
Called "Desert Davos," the annual FII conference is the largest international investment and innovation forum in the Middle East, attracting a number of political and business leaders every year.
The FII conference is hosted by the FII Institute under the guidance of the Saudi Ministry of Investment. The first edition was held in 2017. ■
Photo taken on Oct. 27, 2022 shows a view of the 6th edition of the Future Investment Initiative (FII) conference in Riyadh, Saudi Arabia. The 6th Future Investment Initiative (FII) conference ended on Thursday in the Saudi Arabian capital of Riyadh, building on its previous achievements with the signing of various cooperation deals. (FII Institute/Handout via Xinhua)
Photo taken on Oct. 27, 2022 shows a view of the 6th edition of the Future Investment Initiative (FII) conference in Riyadh, Saudi Arabia. The 6th Future Investment Initiative (FII) conference ended on Thursday in the Saudi Arabian capital of Riyadh, building on its previous achievements with the signing of various cooperation deals. (FII Institute/Handout via Xinhua)
Tags:
Reprint:Friends are welcome to share on the Internet, but please indicate the source of the article when reprinting it.“Culture Compass news portal”。http://mauritius.downmusic.org/html-33f599949.html
Related articles
OpenAI pauses ChatGPT voice after Scarlett Johansson comparisons
sportNEW YORK (AP) — OpenAI says it plans to halt the use of one of its ChatGPT voices after some users s ...
【sport】
Read moreRise of the middle
sportSalon owner and businesswoman Tracey Woolley can picture the holiday she intends to take when she ha ...
【sport】
Read moreUkraine prime minister calls for more investment in war
sportCHICAGO (AP) — Ukraine Prime Minister Denys Shmyhal kicked off a United States visit Tuesday with mu ...
【sport】
Read more
Popular articles
- Medics remove 150 MAGGOTS from a woman's mouth after dental procedure left her with rotting tissue
- Imprisoned drug
- Southern governors tell autoworkers that voting for a union will put their jobs in jeopardy
- NHL announces Bodyarmor as its new sports drink, replacing BioSteel
- Pentagon vows to keep weapons moving to Ukraine as Kyiv faces a renewed assault by Russia
- Lottery, gambling bill heads to Alabama legislative conference committee for negotiations
Latest articles
Shooting injures 2 at Missouri high school graduation ceremony
The 15 revolutionary tiny tweaks that can turbocharge your health
Browns QB Deshaun Watson throwing full speed after shoulder surgery, timetable for return unknown
Mesmerising charts show world's most and least populated countries over time
Uber and Lyft say they'll stay in Minnesota after Legislature passes driver pay compromise
Traveler issues severe warning to any 'morning people' who want to visit Argentina
LINKS
- CBA playoffs: Liaoning sweep Shenzhen to reach semis
- French Open: Chen/Jia fight back to win women's doubles title
- China's health literacy reaches 29.7 percent in 2023
- Magnificent view of Three Gorges on Yangtze River
- New Godzilla x Kong film tops Chinese box office
- Paris 2024 countdown 100 days: moving forward amid expectations
- Cangzhou edge Chengdu for first win of season
- New Godzilla x Kong film tops Chinese box office
- Hong Kong Disneyland to launch world's first 'Frozen'
- Paris 2024 torch lit in ancient Olympia, relay under way