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Saudi PIF to launch FII in October – SPA

Saudi PIF to launch FII in October – SPA
The PIF will launch the Future Investment Initiative (FII) in October

Riyadh – Mubasher: The Public Investment Fund (PIF) of Saudi Arabia on Monday said it will launch the Future Investment Initiative (FII) in October, the Saudi Press Agency (SPA) reported.

FII will be held in Riyadh between 24 and 26 October, SPA added.

“The FII will provide an unprecedented opportunity for many leaders and influencers around the world to better understand the future of the global investment landscape,” PIF’s managing director Yasir bin Othman Al-Rumayyan said.

“It will also act as a platform to showcase the PIF’s redefined investment mandate and strategy, as it progresses towards becoming the world’s largest sovereign wealth fund,” Al-Rumayyan added.

FII plans to discuss some main topics such as shifting in centres of power, the new types of investment, and innovation for a better world.