Saudi Arabia’s FII Institute to host summit in Tokyo

This photo taken on August 14, 2025 shows the Tokyo skyline. (File/AFP)
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Updated 11 September 2025
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Saudi Arabia’s FII Institute to host summit in Tokyo

  • Focus on pacts, investment at FII PRIORITY Asia Summit from Nov. 30 to Dec. 1

RIYADH: Saudi Arabia’s Future Investment Initiative Institute announced on Thursday that its FII PRIORITY Asia Summit will take place in Tokyo from Nov. 30 to Dec. 1.

The Saudi Press Agency reported that the Tokyo summit will highlight partnerships and investment opportunities between Asia and the world, with a special focus on the GCC.

“We are honored to bring the FII PRIORITY Summit to Tokyo. Japan’s respected standing in the global economy, coupled with its commitment to innovation and sustainable development, makes it the ideal host,” Richard Attias, acting CEO and chairman of the executive committee at the FII Institute, stated.

“Together, we will highlight how collaboration with Asia can generate solutions that strengthen resilience and prosperity worldwide,” he added.

The presenting partner for the Tokyo summit is Japanese financial institution Sumitomo Mitsui Banking Corporation Group.

The SPA added that the full program will be released in the new few weeks.

The FII Institute was founded by Saudi Arabia’s Public Investment Fund and hosts the FII PRIORITY series to spotlight global leaders.


Saudi navy launches first Tuwaiq Project combat ship in US

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Saudi navy launches first Tuwaiq Project combat ship in US

The Royal Saudi Naval Forces (RSNF) have launched the His Majesty King Saud ship, the first vessel under the Tuwaiq Project, which includes the construction of four multi-mission combat ships, in Wisconsin, USA.

The launch ceremony was attended by Chief of Naval Staff Lieutenant General Mohammed Al-Ghuraibi, senior Saudi and US military officials, and representatives from Lockheed Martin and Fincantieri, the companies overseeing the ship’s construction.

Speaking at the event, Al-Ghuraibi welcomed the successful launch and praised the strong support provided by the Kingdom’s leadership to the armed forces, particularly the RSNF, which has driven significant progress in naval modernization and development.

He described the Tuwaiq Project as a strategic cornerstone of the RSNF’s development, reflecting Saudi Arabia’s ambition to build a modern and professional naval force supported by advanced military technologies and comprehensive training programs for its personnel.

Al-Ghuraibi added that the project will enhance the navy’s operational readiness to safeguard the Kingdom’s strategic interests and protect vital maritime routes. He highlighted that the new ships are equipped with advanced combat systems capable of conducting a wide range of naval operations against aerial, surface, and subsurface threats.