Publisher: Maaal International Media Company
License: 465734
Just ahead of the 7th edition of the Future Investment Initiative (FII7), to be held in Riyadh between October 24 and 26, FII Institute CEO Richard Attias talked about the impact, the contribution, the initiative has had so far, not least the fact that it is a platform that helps its members, partners, and stakeholders to find the right direction, “because we are living in an unpredictable world.”
In an exclusive interview with the Saudi Press Agency, Attias revealed that some $120 billion worth of investments happened during FII in the past seven years, as agreements, contracts, and deals were signed.
He said that one other important contribution FII has is that it normally brings people from around the world to discuss global trends, including climate, space, and AI.
He added: “The FII7 is a global conversation in the Kingdom. It is a place where people need to gather to understand how they should invest for good in terms of geography and in terms of sectors.”
He also highlighted the fact that the institute is trying to equip all stakeholders everywhere, including among the media, which are “very important partners,” to enable them to access information.
“Since we are living in an unpredictable world, people need a tool to navigate in these very challenging times. The tool will be the “New Compass,” which is the theme of FII7,” he said.
At the same time, the FII Institute is a data-driven organization, and the FII conference is a data-driven conference, “so FII Institute partners will have access to multiple data coming from a variety of sources thanks to the FII Institute knowledge and strategic partners,” Attias said.
That, indeed, is an important contribution with great impact, since “access to data is helping you to have information and information is power.”
The FII has worked as a catalyst, he affirmed, connecting company CEOs with young entrepreneurs and startups that it helps raise funds to grow, develop businesses, and create jobs.
FII members support its programs, including, for example, helping some villages in Africa to have access to clean water, and giving education online.
The soon-to-start Riyadh event will bring together 6,000 participants from over 90 countries whose discussions are expected to address the current challenging times.