Saudi Arabia Signs important strategies with France and US during FII Forum

In the presence of Saudi Crown Prince Mohammed bin Salman, Deputy Prime Minister and Minister of Defense, the activities of the Future Investment Initiative Forum 2021 were launched in Riyadh yesterday, with the participation of more than 2000 delegations, and five thousand participants from decision-makers, company leaders, policymakers, investors and innovators from all over the world.

Prince Mohammed bin Salman attended the special dialogue session of Greek Prime Minister Kyriakos Mitsotakis, in which he stressed that the Future Investment Initiative is in the interest of countries working on investment, noting that important strategies have been signed with France and the US and that the Middle East benefits greatly from gas.

Mitsotakis said that work must be done on renewable and clean energy. He added that it should not rely on traditional energy, so as not to cause other problems that affect climate change, and preserve the environment and living organisms.

Dr. Ghada Al-Mutairi, a member of the Board of Trustees of the Future Investment Initiative, explained, during a speech on behalf of Yasser Al-Rumayyan, Governor of the Public Investment Fund and Chairman of the Board of Trustees of the Future Investment Initiative Foundation, that the fifth edition of the initiative brings together minds in one of the best regions in the world to make a positive impact on humanity.

She indicated that the Corona pandemic made it clear that what happens on one side of the world can change lives on the other side of it.

She stressed the importance of creating sustainable, measurable, and achievable growth for future generations, stating that the initiative aims to encourage the global community to invest more to achieve more profits in the coming days.

She pointed out that the initiative discusses partnerships that contribute to gathering different strengths and how to distribute and disseminate capital in technologies and strategies that can bridge global and opportunity gaps, and focus on new economies, innovation, job creation, and resource protection while increasing measures to deal with climate and environmental protection.

Dr. Al-Mutairi said, ” A low-carbon economy is an investment and an opportunity at the same time. In addition to developing the resources needed for energy security, sustainability is essential to creating a cleaner and safer world, a healthier society, and a healthier economy.”