ANNOUNCEMENT: The 6th edition of FII closes with investments worth more than 9,000 million dollars

RIYADH, Saudi Arabia, Oct.

ANNOUNCEMENT: The 6th edition of FII closes with investments worth more than 9,000 million dollars

RIYADH, Saudi Arabia, Oct. 28, 2022 /PRNewswire/ -- The visionary sixth edition of the Future Investment Initiative (FII) has concluded today with more than 28 investment agreements and deals, totaling more than $9 billion.

The FII Institute has signed an agreement with the Oxford Union that will provide union members with key data and information produced by the FII Institute and its partners. The agreement was signed by FII Institute THINK Director Safiye Kucukkaraca and Oxford Union Development Council Chairman Michael Li.

FII Institute CEO Richard Attias said: "We are very proud of this year's FII conference. We have had a record number of investment deals signed, and have hosted speakers and delegates from around the world, eager to establish new partnerships Under this year's theme - Investing in Humanity: Enabling a New World Order - we seek to address the challenges facing world leaders at this epochal moment, as we rebuild from the pandemic and We face challenges both old and intractable and new and unpredictable. We look forward to welcoming our community next year at FII, October 24-26, 2023, which will only be accessible to FII members."

On the last day of the three-day conference, a summit entitled "An African Future" was held, at which ministers, investors and entrepreneurs from across Africa and beyond came together to discuss areas of investment in the region. The summit focused on investment potential in Africa, noting that tech startups in the region received investments totaling $1 million every hour last year. The discussions concluded with the agreement that the level of investment in Africa is going to grow and will require improved infrastructure and policy to support its development.

The three-day conference hosted more than 400 speakers and 6,000 delegates, who engaged in in-depth discussions on the most pressing investment challenges around sovereign wealth funds, megacities, sustainability, gender equality and energy, among others. The event was attended by some of the best known names in the field of politics and investment.

Representatives from 16 leading institutions and several global management consultancies have partnered with the 6th edition of FII to offer their insights on some real world topics such as sustainable development and building resilient energy systems, cryptocurrencies and the fintech ecosystem, the Metaverse, the use of artificial intelligence to fight climate change, the connection between technology and culture, and the ever-changing tourism sector. Additionally, 11 technology developers partnered with FII to showcase their latest innovations and solutions aimed at creating a more sustainable and equitable future.

Ten regional and global media partners were present at the event, and more than 270 media representatives and journalists from around the world attend FII to cover exclusive event sessions, talks, deals and announcements, as well as enough to join the conversations about the New Global Order.

NOTES TO EDITORS

The event fact sheet can be found here.

About FII Institute

The Future Investment Initiative (FII) Institute is a new global nonprofit foundation with an investment arm and an agenda: Impact on Humanity. Global, inclusive, and committed to environmental, social, and governance (ESG) principles, we nurture 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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