FII 6th Edition closes with more than $9 billion worth of investments
PR98531
RIYADH, Saudi Arabia,October, 28, 2022, /PRNewswire=KYODO JBN/--
The visionary sixth edition of the Future Investment Initiative (FII) ended
today with more than 28 investment deals and agreements, totaling over $9
billion.
The FII Institute signed an agreement with Oxford Union which will provide
members of the union with key data and information produced by the FII
Institute and its partners. The agreement was signed by the FII Institute's
Head of THINK, Safiye Kucukkaraca, and Oxford Union's Chair of Development
Board, Michael Li.
CEO of the FII Institute, Richard Attias, said, "We are so proud of the FII
conference this year. We had a record number of investment deals signed, and we
hosted speakers and delegates from all over the world who were keen to build
new partnerships. Under this year's theme - Investing in Humanity: Enabling a
New Global Order - we sought to address the challenges confronting global
leaders at this epoch-defining moment as we rebuild from the pandemic and
confront challenges both old and intractable, and new and unpredictable. We
look forward to welcoming our community next year at FII from 24-26 October
2023, which will be accessible only to FII members."
The final day of the three-day conference featured a summit titled 'An African
Future' where ministers, investors, and entrepreneurs from across Africa and
beyond came together to discuss areas of investment in the region. The summit
focused on the investment potential in Africa noting that tech-startups in the
region received investments totaling $1 million every hour last year.
Discussions ended with agreement that the level of investment in Africa is set
to grow and it would require improved infrastructure and policy to support its
development.
The three-day conference hosted over 400 speakers and 6,000 delegates who took
part in insightful discussions about the most pressing investment challenges
relating to sovereign wealth funds, megacities, sustainability, gender
equality, energy, and more. The event was attended by some of the best-known
names in the policy and investment sphere.
Representatives from 16 leading institutions and various global management
consultancies have partnered with the 6th edition of FII to provide insights
about some real-world issues, including sustainable development and creating
resilient energy systems, cryptocurrencies and the fin-tech ecosystem, the
Metaverse, utilizing artificial intelligence to fight climate change, the
connection between technology and culture, and the ever-changing tourism
sector. In addition, 11 technology developers partnered with FII to introduce
their latest innovations and solutions that aim to create 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 all over the world are attending
the FII to cover the event's exclusive sessions, conversations, agreements, and
announcements, as well as join the conversations Fabout the New Global Order.
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.
Logo - https://mma.prnewswire.com/media/1811613/FII_Institute_Logo.jpg
SOURCE FII Institute
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