The Launching of "Future Investment Initiative" in Saudi Arabia

  • Riyadh, Kingdom of Saudi Arabia
  • 23 October 2018
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The "Future of Investment Initiative" was launched today with the participation of leading experts and leaders around the world in the fields of artificial intelligence and digital transformation, at a time when the Saudi investment environment has witnessed attractive reforms for foreign investment in various fields.
This comes at a time when the Saudi economy is growing and the cash reserves of 1.8 trillion Saudi riyals (480 billion dollars) have increased by 1.4 percent, confirming the strength, importance, and centrality of Riyadh in the world in investment and economic terms.
The initiative is attended by more than 135 speakers representing more than 140 different institutions as well as partnerships with 17 global institutions. The initiative’s program will highlight the role of investment in stimulating growth opportunities, enhancing innovation and addressing global challenges.
As the world goes through a period of large-scale economic and technological transformations, 10 years after the global financial crisis began, this year's initiative will bring together global leaders, investors, and innovators to discuss the role of corporations, governments, and global institutions in working together to achieve growth and prosperity in the long term.

Source: (Al-Arabiya.net, Edited)

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