Al Rumayyan: FII facilitates over $125bn in deals in seven years

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NOHA.GAD
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Oct 29, 2024
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Riyadh - Sharikat Mubasher: The Future Investment Initiative (FII) has facilitated more than $125 billion in deals over the past seven years, Yasir Al Rumayyan, Governor of the Public Investment Fund (PIF), stated during the eighth edition of FII (FII8).

In his opening remarks, Al Rumayyan stated that the FII has transcended beyond just discussions, becoming a transformative force for action, progress, and solutions since its inception in 2017.

“As investors, it's essential we prioritize sectors that drive transformation. From next-generation green technologies and healthcare innovations to youth engagement through sports,” Al Rumayyan said.

He noted that FII’s commitment to transformative investment and fostering inclusivity reflects a path to a future shaped by impactful, responsible growth.

“At this crucial moment, we stand on the edge of infinite horizons. We have the: responsibility and opportunity to shape a future that invests not only in our economies but in humanity itself,” Al Rumayyan added.

He further revealed the FII Priority Compass report that surveyed over 50,700 people from 24 countries, representing 62.5% of the global population, to list humanity's top priorities and insights into achieving them. It covered several axes: cost of living, governance, healthcare, climate change, social inclusion, and technology.

The FII8 takes place in Riyadh from 29 to 31 October, gathering world leaders, ministers, CEOs, investors, founders, and public policy experts. With the participation of more than 6,000 speakers and 8,000 delegates, the FII8 features focused discussions about the challenges facing humanity.


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