FII Priority Summit in Miami to shape a sustainable and innovative future for global leaders

Speakers and attendees will tackle urgent global issues such as the cost of living, social inclusion, and technology challenges. Supplied
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Updated 23 February 2024
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FII Priority Summit in Miami to shape a sustainable and innovative future for global leaders

RIYADH: Global leaders, investors, and CEOs will convene for the second edition of the Priority Summit in Miami to explore the integration of disruptive technologies, healthcare, finance, and sustainability. 

The Future Investment Initiative Institute announced the annual event, themed “On the Edge of a New Frontier,” is scheduled for Feb. 22-23, 2024, at the Faena Hotel & Forum, Miami Beach. 

At the core of the summit’s goals is connecting the Americas to global markets and tackling key challenges for a prosperous future, according to a press release. 

In Miami’s entrepreneurial and corporate environment, the summit will foster discussions on international markets and global ecosystem integration, it added. 

Richard Attias, CEO of the FII Institute, underscored the summit’s crucial role, stating: “As we convene some of the brightest minds across various sectors, our focus will be on responsible decision-making in investment and economic growth. This summit is a stepping stone toward shaping a sustainable and technologically advanced future.” 

The press release added that this year’s summit provides an interactive program with a focus on disruptive technologies and fostering innovation for investment and societal betterment. 

“It is an opportunity to explore and discuss how cutting-edge advancements in AI, robotics, healthcare, finances and sustainability can be harmoniously integrated into our global society.” 

Guided by insights from the FII Priority Compass report, speakers and attendees will tackle urgent global issues such as the cost of living, social inclusion, and technology challenges.  

The organizing institution emphasized that these discussions are especially pertinent as economic growth and advanced technologies evolve, offering humanity crucial choices that affect sustainable progress and well-being. 

The event anticipates hosting over 1,000 business and finance leaders, offering networking and collaborative opportunities in one of the world’s most dynamic cities.  

The FII Institute, a global non-profit foundation, focuses on impactful solutions in AI and robotics, education, healthcare, and sustainability. 

With a data-driven approach and an investment arm, the Institute positions itself as a contributor to transformative changes and global collaboration. 

In October 2023, Saudi Arabia hosted the 7th edition of the Future Investment Initiative summit in Riyadh, attracting over 5,000 delegates and featuring insights from 500 distinguished speakers. The event focused on critical sectors under the theme “The New Compass.” 


Operational challenges bring Riyadh Airport to a near standstill

Updated 19 December 2025
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Operational challenges bring Riyadh Airport to a near standstill

  • Airlines issue statements, while sources tell Arab News rain is to blame

RIYADH: Thousands of passengers travelling to and from King Khalid International Airport in Riyadh were left stranded as major airlines struggled to offer alternative flights following a slew of cancellations and delays.

Saudia and flyadeal were among the aviation firms who faced difficulties, with the two airlines putting out statements blaming temporary operational challenges for the issues.

A statement from the airport on its official X account urged travelers to contact airlines directly before heading to the aviation hub to verify the updated status and timing of their flights.

The statement said: “King Khalid International Airport would like to inform you that, due to the concurrence of a number of operational factors over the past two days —including several flights diverting from other airports to King Khalid International Airport, in addition to scheduled maintenance works within the fuel supply system — this has resulted in an impact on the schedules of some flights, including the delay or cancellation of a number of flights operated by certain airlines.”

The airport added that operational teams are working “around the clock in close coordination with our airline partners and relevant stakeholders to address developments and restore operational regularity as soon as possible”, while taking all necessary measures to minimize any impact on the passenger experience.

Airport sources told Arab News that the issue has to do with the heavy rain Riyadh experienced earlier on Friday. Water apparently got into the fuel tankers supposed to refuel jets before they fly, and then several airlines struggled to re-schedule passengers. 

It its own statement on X, Saudia said: “Affected guests are being contacted through various communication chanels, with all ticket changes processed at no additional cost.”

Arab News reached out to Saudia for further information.

Also in a post on X, flyadeal said any of it passengers impacted by the disruption “will be notified directly by emails and SMS with rebooking and support options.”