The seventh edition of the Future Investment Initiative, scheduled to be held from October 24 to 26, 2023 in Riyadh, under the title "the new Compass", addresses the global challenges faced by the world in the fields of climate, economics and technology, with the participation and presence of world leaders, major industrial companies, investors, innovators and policy makers.

The opening ceremony will be attended by prominent figures, including the governor of PIF Public Investment Fund and chairman of the board of Directors of the FII Institute Yasser Al-Rumayyan, as well as the president of the World Bank Ajay Banga, as well as influential figures such as the chairman of the Carlyle Group) David Rubinstein, Ray Dalio of Bridgewater Associates, Jamie Dimon of JP Morgan Chase & Co, Larry funk of BlackRock, Jane Fraser from Citi, Dr. Patrice Motsepe from the chairman of African Rainbow Minerals, as well as HSBC Holding Group CEO Noel Quinn, Neil shin from Sequoia Capital, and David Solomon from Goldman Sachs and Chimara Wickramanayake from Macquarie Group, Mukesh Ambani from Reliance Industries, as well as Standard Chartered CEO Bill winter, as well as more than five thousand guests attended, including a group of leaders in the field of investment and finance from political and technological decision-makers.

Technology leaders from all over the world, including founders, CEOs, venture capitalists and investors, will explore how the accelerating technological progress that the world is witnessing at the moment can be harnessed to achieve what is in the interests of the whole world, and the dialogue sessions will address various topics such as artificial intelligence, space exploration, clean technology, health technology, electric vehicles, robotics, biotechnology, sustainability, virtual world areas, e-sports, technology in Africa, nanoapplications, food technology and the creation of smart cities.

His Excellency Yasser Al-Rumayyan, governor of the Public Investment Fund and president of the FII Future Investment Initiative Institute, said:" the planet, the global economy and society are facing a set of difficult challenges, including stability and global economic growth, the environment, and accelerating technological progress, including generative artificial intelligence, education and health," indicating that the seventh edition of the Future Investment Initiative addresses the topic of shaping the future of humanity.

For his part, the CEO of the FII Institute, Richard Atias, confirmed that the seventh edition of the Future Investment Initiative will serve as a guide for all countries of the world to identify a new global essence rediscovering its trends in the field of investment, adding that the initiative will address the benefit of people and their priorities that must be taken into account when developing the strategy, expressing his welcome to all participants in this edition.