The participants in the "Investing for Global Impact" session within the 3rd and final day of Future Investment Initiative (FII) sessions, currently being held at the King Abdulaziz Conference Center in Riyadh, have confirmed that cultural and social diversity in the GCC countries has contributed greatly to the significant economic growth, increase in the volume of trade and the multiplicity of investment fields that the region is currently witnessing. The participants in the session attributed this to the fact that the similar nature of the GCC- Arab societies and their social ties have contributed to the high growth of Gulf investment. The participants in the session praised the cultural, social and economic transformation that the Kingdom of Saudi Arabia and the Arab Gulf region are witnessing, as well as the great privatization of many sectors among the GCC countries, so that the region becomes one of the most dynamic regions in the world, as a result of the possible opportunities, empowerment and vision of transformation set by governments. The speakers during the session stressed the distinction between investing in social and environmental impact or sustainable environmental goals, with the need to measure investment in impacting companies offering their services and products and generate a positive social and environmental impact to move forward with impact on the sectors to be invested in, as well as focusing on achieving the desired goals. The session also discussed the reality of investment growth in Latin America and the Pacific and the use of data to help reduce losses for global companies. It saw the participation of several speakers representing financial and investment companies and specialized funds.
