FII8 Day Three Concludes with $70 Billion in New Deals

WTS Capital

November 3, 2024

The Future Investment Initiative (FII) Institute concluded Day 3 of its 8th annual gathering in Riyadh, focusing on impactful investments under the theme "Infinite Horizons: Investing Today, Shaping Tomorrow." This event brought together leaders, investors, and innovators to explore opportunities in emerging markets and sustainable growth strategies.

Key Takeaways

Opening Remarks by H.E. Faisal F. Alibrahim: The Minister of Economy & Planning for Saudi Arabia emphasized the importance of investment in the nation’s economic transformation, particularly under Vision 2030, which aims to diversify the economy beyond oil.
Panel on Alternative Asset Growth in Emerging Markets: A session featuring prominent figures like H.E. Mohammed El-Kuwaiz and Rishi Kapoor discussed trends in alternative asset growth, highlighting regions poised for significant investment opportunities.
Capital Allocators Roundtable: Influential leaders gathered to discuss the projected impact of alternative assets in 2024, focusing on diversification trends that are shaping institutional portfolios amid economic uncertainties.
Venture Capital Hotspots: This session examined the evolving landscape of innovation funding, particularly in emerging markets such as Saudi Arabia, which are becoming catalysts for disruption.

Richard Attias, CEO of the FII Institute, remarked on the day's discussions, stating, "Today's discussions underscored the power of targeted investments to transcend traditional boundaries, creating opportunities in markets that promise to shape the next economic era. Our collective focus on deploying capital with long-term vision and sustainability will guide us as we navigate an ever-changing landscape."

The event showcased a commitment to fostering impactful investments that align with global economic development goals, setting a promising tone for future collaborations and initiatives in the investment landscape.

Sources

FII8 Day Three Ends with $70 Billion in Deals Announced, Yahoo.
FII8 Day Three Ends with $70 Billion in Deals Announced, Yahoo Finance.

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