RIYADH, Saudi Arabia, Oct. 26, 2022 /PRNewswire/ -- The 6th edition of the Future Investment Initiative (FII) kicked off yesterday in Riyadh, under the theme "Investing in Humanity: Enabling a New World Order", with groundbreaking discussions , important announcements and thought-provoking workshops.
Officials, high-level executives and other dignitaries from around the world attended the first day of the conference, including the President of Senegal, Macky Sall; the Prime Minister of Pakistan, Shehbaz Shari; the Greek Minister for Development and Investment, HE Adonis Georgiadis; and the Finnish Minister for Development Cooperation and Foreign Trade, HE Ville Skinnari; among others.
FII Institute CEO Richard Attias opened the conference with a promising message about the importance of sustainability and inclusion. He said: "Our world is facing unprecedented threats, but it is also a unique time of new opportunities. We are on the path to a new world order. FII is proud to contribute to this conversation. We have created a unique format worthy of the amazing contributors we'll hear from this week, running over 180 sessions that are all designed to drive action."
The Governor of PIF, H.E. Yasir Al-Rumayyan, welcoming guests and delegates to the 6th edition of FII commenting: "FII plays a unique role as a catalyst for global cooperation, an ideal to which I am deeply committed." I KNOW. Al-Rumayyan also chaired a plenary session entitled "The New World Order: Vision from the Council of Change Agents", moderated by CNN presenter Richard Quest, which featured a fascinating discussion on global economic challenges. among the change agents, including HE Khaldoon Khalifa Al Mubarak, President and Group CEO of Mubadala Investment Company, and Ray Dalio, Founder, Chief Information Officer Mentor and Board Member of Bridgewater Associates; Jamie Dimon, Chairman and CEO of JPMorgan Chase
The first day also saw the Saudi Public Investment Fund (PIF) launch the largest carbon credit auction ever held by the Voluntary Carbon Market, totaling one million tonnes of carbon credits. FII6 has so far focused on sustainability, and the auction will play an important role in the PIF's efforts to drive the investment needed to tackle the global impact of climate change and make Saudi Arabia net-zero carbon by 2060.
The delegates also witnessed the signing of important agreements between the Saudi Ministry of Investment and its strategic partners, such as the biotech company Gingko Bioworks, the manufacturing company Taihan, the Latin American investment bank BTG Pactual and an agreement on space tourism with orbit.
More than 6,000 delegates from leading organizations from around the world attended the first day of the conference to hear business and political leaders discuss their ideas on the "New Global Order." The 6th edition of FII will end on October 27, with more key announcements and vital conversations taking place over the next two days.
NOTES TO EDITORS
The event fact sheet can be found here.
About FII Institute
The Future Investment Initiative (FII) Institute is a new global non-profit foundation with an investment arm and program: 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, Health and Sustainability.
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