Country for PR: United Kingdom
Contributor: PR Newswire Europe
Thursday, October 27 2022 - 00:10
FII 6th Edition kicks off with pioneering conversations on economy and investment
RIYADH, Saudi Arabia, Oct. 26, 2022 /PRNewswire/--Asianet--

The sixth edition of the Future Investment Initiative (FII) began yesterday in 
Riyadh, under the theme of 'Investing in Humanity: Enabling a New Global 
Order', with groundbreaking discussions, major announcements, and 
thought-provoking workshops.

Officials, C-suite executives, and other dignitaries from around the world 
attended the first day if the conference, including President of Senegal, Macky 
Sall; Prime Minister of Pakistan, Shehbaz Shari; Greek Minister of Development 
and Investments, HE Adonis Georgiadis; and Finnish Minister for Development 
Cooperation and Foreign Trade, HE Ville Skinnari; among others.

CEO of the FII Institute, Richard Attias, opened the conference with a 
promising message on the importance of sustainability and inclusivity. He said, 
"Our world is facing unprecedented threats, but it is also a unique time of new 
opportunities. We are on the road to a new global order. FII is proud to make 
our contribution to this conversation. We have created a unique format worthy 
of the incredible contributors we will hear this week, curating more than 180 
sessions which are all designed to lead to action."

Governor of PIF, HE Yasir Al-Rumayyan, welcomed guests and delegates to the 6th 
Edition of FII commenting, "FII plays a unique role as a catalyst for global 
cooperation, an ideal I am deeply committed to." HE Al-Rumayyan also chaired a 
plenary session titled 'The New Global Order: View From the Board of 
Changemakers' moderated by CNN Anchor, Richard Quest, which featured a riveting 
discussion about the global economic challenges among changemakers including HE 
Khaldoon Khalifa Al Mubarak, Managing Director & Group CEO of Mubadala 
Investment Company; Ray Dalio, Founder and CIO Mentor and Member of the Board 
of Bridgewater Associates; Jamie Dimon, Chairman & CEO of JPMorgan Chase & Co.; 
Catherine MacGregor, CEO of ENGIE; Sara Menker, Founder & CEO of Gro 
Intelligence; Dr. Patrice Motsepe, Founder and Executive Chairman of African 
Rainbow Minerals; Stephen A. Schwarzman, Chairman, CEO & Co-Founder of The 
Blackstone Group; and David Solomon, Chairman & CEO of Goldman Sachs.

The first day also saw the Saudi Public Investment Fund (PIF) launch the 
largest ever carbon credit auction, held by the Voluntary Carbon Market, 
involving a total of one million tons of carbon credits. FII6 has so far seen a 
focus on sustainability, and the auction will play an important part in the 
PIF's efforts to drive the investment required to address the global impact of 
climate change and achieve net zero carbon emissions in Saudi Arabia by 2060.

Delegates also witnessed the signing of important deals between the Saudi 
Ministry of Investment and its strategic partners, including biotech company 
Gingko Bioworks, manufacturing company Taihan, Latin American investment bank 
BTG Pactual, and an agreement on space tourism with Orbite.

Over 6,000 delegates from leading organizations across the globe attended the 
first day of the conference to hear business and political leaders discuss 
their thoughts on the 'New Global Order'. FII 6th Edition will end on 27 
October, with more key announcements and vital conversations taking place over 
the next two days.


The event factsheet can be found here 
Global-Order-6th-4.pdf ].

About FII Institute

The Future Investment Initiative (FII) Institute is a new global nonprofit 
foundation with an investment arm and one agenda: Impact on Humanity. Global, 
inclusive and committed to Environmental, Social and Governance (ESG) 
principles, we foster great minds from around the world and turn ideas into 
real-world solutions in five critical areas: Artificial Intelligence (AI) and 
Robotics, Education, Healthcare and Sustainability.

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Source - FII Institute