More than 6,000 participants to descend on Riyadh for FII 2022: Forum CEO

More than 1,700 speakers came to the previous edition of the event (Shutterstock)
Short Url
Updated 17 October 2022
Follow

More than 6,000 participants to descend on Riyadh for FII 2022: Forum CEO

RIYADH: Over 6,000 CEOs, policymakers, investors, entrepreneurs, and young leaders from across the world are expected to attend the 6th edition of Future Investment Initiative Institute’s forum, set to be held in Riyadh from Oct. 25-27 under the title ‘Investing in Humanity’.

Speaking at a press conference in Riyadh ahead of the forum, Richard Attias, CEO of the FII Institute said the last edition of the event brought over 1,700 speakers to the Kingdom, and this year’s forum will be much bigger. 

“The beauty of the sixth edition of this initiative is that all previous speakers will be back again this year. There will also be new participants from countries that did not participate previously,” said Attias. 

This year’s forum will focus on four major pillars: education, artificial intelligence and robotics, health, and sustainability. 

Attias further noted that conducting the FII event in Saudi Arabia shows the Kingdom is becoming an international hub for business deals and related discussions. 

In September, Attias told Arab News there was a difference between how leaders in the Middle East and those in the West see the future.

“You (the Middle East) have leaders who have a vision. I don't know if it's a longer term vision, but they have a vision,” he said, adding that in the West “the vision is not clearly expressed and people are a little bit lost.”

This is why you saw movements like the yellow jacket in France. A lot of demonstrations in Spain, a lot of demonstrations in America,” Attias said.

According to the FII Priority report, which surveyed over 130,000 people, Saudis led the way in feeling positive about their country and the state of the world – coming third to China and India. 

Some 61 percent of the Saudi participants who took part in the survey felt their country would be better in the future, second only to 80 percent of those in China.


QIA, Franklin Templeton launch $200m Qatar equity fund 

Updated 17 sec ago
Follow

QIA, Franklin Templeton launch $200m Qatar equity fund 

RIYADH: Qatar’s sovereign wealth fund has teamed up with Franklin Templeton to launch a $200 million equity fund focused on the local stock market, part of efforts to deepen liquidity and attract institutional investors to Qatar’s capital markets. 

The Qatar Investment Authority and the US asset manager said the Franklin Templeton Qatar Equity Fund will operate as a day-traded mutual fund investing in companies listed on the Qatar Stock Exchange, according to the Qatar News Agency. 

The launch comes after a PwC report earlier in February highlighted growing optimism among CEOs in Qatar, with companies increasing investment, pursuing acquisitions and expanding operations as the country pushes toward innovation-led growth. 

Mohammed Saif Al-Sowaidi, CEO of QIA, said: “With the launch of Franklin Templeton Qatar Equity Fund, QIA is further expanding our Active Asset Management Initiative to support Qatar’s financial markets.”  

He added: “As one of the largest global asset managers, Franklin Templeton brings a wealth of experience and resources to QSE and the broader Qatari economy and we look forward to working closely together on this initiative.” 

The fund aims to give investors exposure to Qatar Stock Exchange-listed equities, allowing local and international institutions to access an actively managed portfolio in the domestic market, QNA reported. 

QIA is the fund’s lead investor, contributing cash and shares, underscoring its commitment to the Qatari stock market. The reallocation of QSE-listed shares is intended to support the domestic economy and enhance market liquidity, it added. 

Franklin Templeton manages about $1.68 trillion in assets as of Dec. 31, 2025, making it one of the world’s largest investment firms. 

“Through our partnership with QIA, we aim to contribute meaningfully to the continued development of the Qatari financial ecosystem. We see this collaboration as the beginning of a long-term strategic partnership and part of a broader, multi-asset collaboration between Franklin Templeton and QIA,” said Jenny Johnson, CEO of Franklin Templeton. 

The Franklin Templeton Qatar Equity Fund represents a key step in QIA’s active asset management strategy and highlights its partnership with Franklin Templeton in supporting Qatar’s capital markets through global investment expertise.