Weather Forecast for Saturday    Emerging digital solutions for life after COVID is likely to be worth over $3 trillion by 2025: UNCATD    The Coalition to Restore Legitimacy in Yemen: Interception, Destruction of Bomb-Laden UAV Launched by Terrorist, Iran-Backed Houthi Militia Toward Khamis Mushait City    Dutch De Vries Wins Inaugural Round of Formula E Diriyah Competitions 2021    King Salman, Crown Prince receive phone calls from Kuwait Emir    Saudi Arabia categorically rejects US report on murder of Jamal Khashoggi    US Reports 73,610 New Coronavirus Cases    IMF chief calls for strong G20 policies to counter ‘dangerous divergence'    Mercedes' De Vries wins Forumla E's first night race in Diriyah    HRH Crown Prince Receives Phone Call from Emir of State of Kuwait    Wall Street Closing    Dubai extends precautionary measures against COVID-19 to beginning of Ramadan    KSrelief Distributes 3,000 Cartons of Dates in Marib Governorate, Yemen    Coronavirus cases continue to top 1,000 as Kuwait faces resurgence    UN Security Council condemns Houthi terror attacks on Saudi Arabia    CITC governor inaugurates international workshop on IoT technologies    Arab Coalition destroys two Houthi armed drones targeting Saudi Arabia    KSU Medical City Participates with Medical Center to Ensure Safety of Formula E Participants    Dubai's landmarks light up in colors of Kuwait flag in celebration of its 60th National Day    HRH Crown Prince Receives Phone Call From Speaker of Iraq's Council of Representatives    SAMI Concludes Its Participation in IDEX 2021, with Key Strategic Partnerships    Saudi Press: SDC Aims to Invest in Infrastructure and Development of Tourism and Entertainment Sectors    KAUST solar desalination technology MEDAD wins MEED Sustainability Medal 2020    King Salman discusses bilateral ties, Iranian threats in call with US president    CEO of Formula E highlights strong partnership with Saudi Arabia    Inaugural Red Sea International Film Festival to take place in November    CEO of Formula E Highlights Strong Partnership with Saudi Arabia    Saudi Stock Exchange Main Index Ends Trading Higher, at 9,194.92 Points    Researchers find worrying new coronavirus variant in New York City    National Debt Management Center Issues Sovereign Bonds in Euro with Negative Return    CEO of Quality of Life Program: by hosting Formula E, Saudi Arabia confirms that it is a global center for major sports    Investigators release preliminary findings on the United Airlines flight engine failure    Saudi Arabia to Host Formula E    Focusing a lens on courage, despair and hope    World's longest painting created in Dubai to raise 110mn dirhams for coronavirus-hit kids    Meghan and Prince Harry expecting second child    Film Commission Launches 28 Cinematic Projects for Winners of Daw' Film Competition    SASCA in Dammam Sets a Deadline for Receiving Participations in International Video Art Forum    Saudi Film Commission Opens Registration Doors for Digital Filmmakers' Program    Saudi Arabia Names " Scales" Film to Represent it in Oscars    Council of Senior Scholars: Muslim Brothers' Group Don't Represent Method of Islam, rather only Follows its Partisan Objectives, Violating our Graceful Religion    Court facilitates young woman's marriage after stripping father's guardianship    Bahrain's top Islamic body condemns attempts to insult Muslim symbols    Saudi man accused of harassing foreign wife asked to be produced before court Court allows divorce, custody of children by mother    S. P. Bala, legendary Indian singer, dead at 74    Eid Al-Adha Prayer Performed at the Grand Holy Mosque    Pilgrims Perform Dhuhr and Asr Prayers in Arafat Holy Site    Senior Scholars Council Issues Decision No. 246 Regarding Attendance of Friday Prayer and Prayers at Mosques in a Case of Spread of Epidemic or Fear of its Spread    

Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.

Saudi Press: Future Investment Initiative to Kick off on 27 January, with Participation of 140 Prominent Speakers
Published in Saudi Press Agency on 21 - 01 - 2021

Saudi newspapers highlighted in their editorials today a number of issues at local, regional and international arenas.
Al-Riyadh newspaper reported in its editorial that the Future Investment Initiative (FII), being held in Riyadh annually, is one of the largest conferences worldwide, as it has proven successful since the launch of FII edition in 2017. The FII is a global forum that brings together investors, innovators and governments, with the aim of improving the investment, development and economic environment.
Saudi Arabia has announced that the 4th edition of FII will be held during 27-28 January, 2021, under the slogan "The Neo-Renaissance". The FII will include the participation of more than 140 prominent speakers, as this confirms that the FII is of great importance to the Saudi economy, region and the future of the economy around the world. Since the announcement of Vision 2030, Saudi Arabia has worked on improving the investment environment for local and foreign investors, which resulted in enabling the Saudi economy to achieve advanced rankings in the competitiveness index issued by the International Monetary Fund and the ease of doing business index issued by the World Bank, the newspaper added.
The global participation of decision-makers in the initiative confirms the global interest in the Kingdom's future plans to diversify sources of income, the importance of the Saudi economy, as well as the Saudi attractive investment environment, as this have been confirmed by the figures recently issued by the Ministry of Investment, which refer to the issuance of 306 investment licenses during the 3Q of 2020, an annual increase of 21%, the newspaper concluded.
Al-Bilad and Al-Eqtisadiah newspapers said in their editorials that the Kingdom of Saudi Arabia has accomplished achievements in all sectors since the launch of Vision 2030, as the Kingdom has strengthened its international position by advancing in many indicators and global competitiveness reports, its astonishing development in the digital infrastructure, as well as its pioneering role at the national and global level in preserving the security of the region, the stability of oil markets and securing the global trade.
The newspapers pointed to the participation of His Royal Highness Prince Mohammed bin Salman bin Abdulaziz, the Crown Prince, in the strategic dialogue session within the activities of the World Economic Forum, in the presence of more than 160 influential international leaders and business leaders, representing 28 sectors and 36 countries.
The papers also pointed to the Kingdom's achievements in the rapid transformation and reforms since the adoption of the Kingdom's Vision 2030, as these achievements include doubling non-oil revenues, empowering women in the labor market, raising the level of competitiveness in the business environment, and activating the role of the Public Investment Fund and the significant improvement made in protecting the environment, and the Kingdom's initiative approved by the G20 Leaders Summit in 2020 regarding the circular carbon economy.
The participants in the World Economic Forum were keen to explore the latest developments in Saudi Arabia and Vision 2030 since the Kingdom was able to achieve good results on various levels despite the critical period that the world is going through due to the pandemic, the newspapers concluded.

Clic here to read the story from its source.