PR98493

RIYADH, Saudi Arabia, Oct. 26, 2022 /PRNewswire=KYODO JBN/--

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.

NOTES TO EDITORS

The event factsheet can be found here

[https://fii-institute.org/wp-content/uploads/2022/07/FactSheet_Enabiling-a-New-

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.

Photo - https://mma.prnewswire.com/media/1930201/FII6_Session.jpg

Logo - https://mma.prnewswire.com/media/1811613/FII_Institute_Logo.jpg

Source - FII Institute