RIYADH: The Future Investment Initiative (FII) is entering its final day, with four discussion panels on themes including infrastructure, technology and the economy.
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Watch the livestream of Day 3 of #FII2018: https://t.co/7zhdp2Q6xX
— Future Investment (@FIIKSA) October 25, 2018
#Saudi finance minister reveals at #FII2018 that #KSA non-oil revenue grew by 48% in Q3, expenditure up by 25%. Follow our coverage of the @FIIKSA: https://t.co/NiHQAdPDbg pic.twitter.com/1RaNIlSJnP
— Arab News (@arabnews) October 25, 2018
Thursday’s plenary session opened with Mohammed Al-Jadaan, the Saudi minister of finance, and Sheikh Ahmed bin Mohammed Al-Khalifa, his Bahraini counterpart discussing fiscal balance.
“We are both embarking on significant reforms in our counties,” says #KSA finance minister on #FII2018 stage with Bahraini counterpart. Follow our coverage of the @FIIKSA: https://t.co/NiHQAdPDbg pic.twitter.com/Vnon0qWUxS
— Arab News (@arabnews) October 25, 2018
Mohammed Al-Tuwaijri, the Saudi Economy Minister, Bassem Awadallah, chief executive of Tomoh Advisory, Darren Davis, acting CEO of Ma’aden and Kirill Dmitriev, chief executive of Russian Direct Investment Fund, meanwhile discussed privatization models with Frank Kane, senior business columnist for Arab News, moderating the session.
#Saudi economy minister tells #FII2018 that privatization priorities include schools, health care and desalination facilities. Follow our coverage of the @FIIKSA: https://t.co/NiHQAdPDbg pic.twitter.com/Z52u5RumNh
— Arab News (@arabnews) October 25, 2018
Three chief executives meanwhile presented the gigaprojects being undertaken in the Kingdom: John Pagano for the Red Sea project, Michael Reininger for Qiddiya and Nadhmi Al-Nasr for NEOM.
Nadhmi Al-Nasr, the CEO of #SaudiArabia’s NEOM tells #FII2018 that the gigaproject will be “a new economy, a new country within a country.” Follow our coverage of the @FIIKSA: https://t.co/NiHQAdPDbg pic.twitter.com/8pc98EdAIn
— Arab News (@arabnews) October 25, 2018
Michael Reininger, CEO of #Qiddiya tourism district in #SaudiArabia, tells #FII2018 that Six Flags theme park project is going ahead. Follow our coverage of the @FIIKSA: https://t.co/NiHQAdPDbg pic.twitter.com/NoARfq2ySY
— Arab News (@arabnews) October 25, 2018
John Pagano, Head of Saudi Red Sea project tells #FII2018 it is “one of the most ambitious tourism projects the world has ever known.” Follow our coverage of the @FIIKSA: https://t.co/NiHQAdPDbg pic.twitter.com/foYLvsCxP1
— Arab News (@arabnews) October 25, 2018
The morning plenary sessions was capped by a panel on investments in frontier technologies with scheduled speakers Ritesh Agarwal, CEO and founder of Oyo Hotels; Michael Marks, chairman and co-founder of Katerra; Meshal Al-Harasani, Inventor and Advisor at King Abdulaziz University and Munish Varma, partner at SoftBank Investment Advisers.
For our comprehensive coverage of the event click, here.
