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

NOHA.GAD
Oct 29, 2024

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.


Share

Related News

Ark secures $1mn in pre-seed round led by Core Vision
News
Calendar Icon
October 29, 2024
Ark secures $1mn in pre-seed round led by Core Vision
readmore
Al Rumayyan: FII facilitates over $125bn in deals in seven years
News
Calendar Icon
October 29, 2024
Al Rumayyan: FII facilitates over $125bn in deals in seven years
readmore
Qatar’s Pass raises $2.7mn in pre-series A
News
Calendar Icon
October 29, 2024
Qatar’s Pass raises $2.7mn in pre-series A
readmore
Simplex secures major 8-figure investment led by Exits MENA
News
Calendar Icon
October 29, 2024
Simplex secures major 8-figure investment led by Exits MENA
readmore
Wa’ed Ventures allocates $100mn for Saudi AI startups
News
Calendar Icon
October 29, 2024
Wa’ed Ventures allocates $100mn for Saudi AI startups
readmore
Agritech Nabt closes $1.5mn seed led by Merak Capital
News
Calendar Icon
October 29, 2024
Agritech Nabt closes $1.5mn seed led by Merak Capital
readmore
Adaverse invests SAR 1.69 mn in Web3 startup TGE
News
Calendar Icon
October 28, 2024
Adaverse invests SAR 1.69 mn in Web3 startup TGE
readmore
Saudi finance market value worth SAR 1.5 tn
News
Calendar Icon
October 24, 2024
Saudi finance market value worth SAR 1.5 tn
readmore
SAMA raises debt-based crowdfunding limits for MSMEs to SAR 7.5 mn
News
Calendar Icon
October 20, 2024
SAMA raises debt-based crowdfunding limits for MSMEs to SAR 7.5 mn
readmore
Report: MENA startups collectively raise $282mn investments in September
News
Calendar Icon
October 20, 2024
Report: MENA startups collectively raise $282mn investments in September
readmore