FII foundation launches ‘Impact’ report series

A lab technician works during research on coronavirus at Johnson & Johnson subsidiary Janssen Pharmaceutical in Beerse, Belgium. Inset, Impact’s inaugural issue — ‘Winning the Battle of Disease Together’ — focuses on the most promising technologies to prevent and contain future health crises. (AP/Supplied)
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Updated 21 June 2020
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FII foundation launches ‘Impact’ report series

The Future Investment Initiative Institute (FII-I), a new not-for-profit global foundation and the power behind the annual FII conference in Saudi Arabia, has launched its “Impact” report series, which curates the world’s brightest ideas that can impact humanity sustainably.

Impact’s inaugural issue — “Winning the Battle of Disease Together” — focuses on the most promising technologies to prevent and contain future health crises, including outbreak risk software companies such as BlueDot, which was able to detect the outbreak of COVID-19 months before the rest of the world did.

The report also looks at different elements of the COVID-19 crisis across various perspectives — from economic to social, political to academic, and cultural to scientific — as well as the crucial importance of collaboration — a core value of FII-I.

Richard Attias, CEO of FII-I, said: “The need to find sustainable, innovative solutions to the threat of pandemic disease has never been more urgent and the global pandemic has shown us that our strength lies in cooperation and shared knowledge.

“That’s why in our first Impact report we brought together some of the world’s brightest minds, including leading experts from the London School of Hygiene and Tropical Medicine, Africa Centers for Disease Control and Prevention, the WHO social science expert group, and Metabiota, which has curated data from over 2,500 epidemics to identify specific risks.”

Impact also offers concrete, actionable “call to impact” recommendations for governments, health care officials, investors and the general public, including:

• Leveraging the power of big data to better predict where infectious diseases could emerge in order to take swift action and prevent them from spreading;

• Investing in AI and machine learning to further accelerate the development of vaccines and speed up the discovery of new antibiotic compounds; and

• Ensuring national response strategies are thorough, guiding nations through their lockdown measures to relaxing restrictions and returning to a normal state.

The launch of the Impact report series is just one of many milestones on FII-I’s journey to its flagship annual conference in Riyadh on Oct. 28 and 29, 2020, and beyond. This year, the event will take place with a “Neo-Renaissance” theme. More than 6,000 leading CEOs, investors and policymakers from around the world attended FII 2019, making it the third largest business gathering of the year.

The institute is hosting “Don’t Forget Our Planet — Time for a Sustainable Reset,” the second event of its virtual series, on June 25, and a second Impact report focused on sustainability will be published in August.


Saudi Arabia world’s safest and most attractive investment destination, says chairman of Sumou Holding

Updated 09 March 2026
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Saudi Arabia world’s safest and most attractive investment destination, says chairman of Sumou Holding

Saudi Arabia has emerged as one of the world’s safest and most attractive destinations for investment, supported by the strength and resilience of its economy, according to Ayed bin Farhan Al-Qahtani, chairman of Sumou Holding.

Al-Qahtani said the Kingdom’s economy has consistently demonstrated its ability to navigate global and regional crises. He noted that Saudi Arabia has historically adapted to challenging conditions and emerged stronger, thanks to prudent economic policies and effective governance, both of which have reinforced the market’s financial strength. Al-Qahtani added that Saudi Vision 2030 has reshaped the structure of the national economy by diversifying income sources and leveraging the country’s core strengths, creating a more flexible and sustainable economic environment capable of withstanding global volatility.

According to Al-Qahtani, business activity across Saudi Arabia continues to operate normally despite current global uncertainties, highlighting the adaptability and experience of Saudi companies across multiple sectors.

Sumou Holding currently manages an investment portfolio valued at about $10 billion. Al-Qahtani said that the group plans to expand its investments in the Kingdom while seeking to attract additional foreign capital through international partnerships and joint ventures.

The company is evaluating a range of new opportunities across key sectors and particularly in real estate, which Al-Qahtani described as one of the most secure and attractive investment sectors in the Saudi market amid rising demand for residential, commercial, and development projects.

Saudi Arabia’s property market has also undergone significant regulatory reforms aimed at boosting its appeal to international investors. A new foreign property ownership law, which came into effect in early 2026, allows non-Saudis — individuals and companies, residents and non-residents — to own residential, commercial, and agricultural properties across designated areas of the Kingdom.

The framework will increase capital inflows into the real estate sector while introducing specific ownership rules for the holy cities of Makkah and Madinah, two markets Al-Qahtani said remain among the most secure and globally attractive for long-term investment.

Sumou Holding owns two companies listed on the Saudi Exchange: Sumou Real Estate Co. and Ader Real Estate Co.

Al-Qahtani added that the group’s international arm, Ader Global, is building partnerships with global investors and directing capital toward promising opportunities in the Saudi market, reinforcing the Kingdom’s role as a regional hub for investment and multinational companies.

With its strong regulatory framework, investment security, and continued government support for the private sector, Saudi Arabia is well positioned to attract further foreign capital in the coming years, Al-Qahtani said, cementing the country’s status as a leading global investment destination both today and in the future.