NEOM Investment Fund (NIF)’s Post

I am heading to Riyadh to attend the World Investment Conference this coming week. It is always a pleasure to return to Riyadh. The 28th edition of the World Investment Conference (WIC) will take place in Riyadh from November 25 to 27, 2024. Organized by the World Association of Investment Promotion Agencies (WAIPA) and hosted by the Saudi Investment Promotion Authority (SIPA), the event will explore the theme “Future-ready IPAs: Navigating Digital Disruption and Sustainable Growth.” It aims to address global investment trends, foster international partnerships, and promote sustainable economic development. This conference underscores Saudi Arabia’s strategic role as a global investment hub, reflecting its economic transformation under Vision 2030. Notably, the Kingdom has seen a 337% increase in foreign direct investment (FDI) inflows since 2017 and is leveraging mega-projects like NEOM and the Red Sea Project to attract global investors. The event will gather leaders from investment promotion agencies, multinational corporations, and development institutions to exchange insights on navigating the challenges of digital transformation and climate resilience in investment. I look forward to meeting so many people that today I call friends and to one more time spend a special thanksgiving in the Kingdom. #WorldInvestmentConference #WIC2024 #SaudiArabia #RiyadhEvents #Vision2030 #SustainableGrowth #DigitalTransformation #GlobalInvestment #NEOM #FDI #WAIPA #InvestSaudi

The Digital Cooperation Organization (DCO) delegation, led by Hajar El Haddaoui, Senior Advisor to the Secretary-General, held a productive meeting with the Ministry of Transport, Communications and Information Technology - Oman to review the progress of the Digital FDI Enabling Project in Oman.   Together, we took stock of key milestones achieved so far, including: ✔️ Conducting 40+ stakeholder interviews with key players across government, private sector, and academia. ✔️ Completing a survey of 100 investors to understand their needs and priorities. ✔️ Delivering a comprehensive diagnostic analysis of Oman’s digital investment ecosystem.   The project now enters a pivotal phase of drafting an action plan to implement the prioritized policy options—a critical step in creating a digital-friendly investment climate and accelerating Oman’s digital transformation.   DCO is proud to support Oman in unlocking its digital potential and advancing its vision for a sustainable and inclusive digital economy.   #DigitalFDI #DigitalTransformation #OmanVision2040 #DigitalProsperity4All World Economic Forum

Saudi Arabia proudly hosts the 28th World Investment Conference in Riyadh, November 25-27. Under the theme "Future-ready IPAs: Navigating Digital Disruption and Sustainable Growth," leaders from around the globe will gather to discuss pivotal financial trends and opportunities. Saudi Investment Minister Khalid Al-Falih and WAIPA's Ismail Ersahin discuss Saudi's role as a key investment hub and the event's impact on economic growth. #InvestmentTrends #Vision2030 #GlobalEconomy #SaudiArabia #WIC2024

🌍 Abu Dhabi’s Mubadala leads the way in global investments! 🌍 In 2024, Mubadala Investment Company demonstrated its global prowess by closing $29 billion in deals, surpassing Saudi Arabia’s Public Investment Fund (PIF). From tech to healthcare and renewable energy, Mubadala continues to solidify its reputation as a forward-thinking investment powerhouse. This milestone highlights not just Abu Dhabi's vision for sustainable growth but also the UAE’s commitment to driving global innovation and development. 🚀 Key Takeaways: Mubadala’s strategic investments underscore its leadership in diverse industries. It reflects a broader trend of the UAE positioning itself as a global economic leader. Collaboration and innovation remain central to Abu Dhabi’s economic strategy. As we look to the future, it’s exciting to see such impactful investments shaping industries worldwide. What are your thoughts on the evolving role of sovereign wealth funds in shaping the global economy? Let’s discuss! 💬 #Mubadala #InvestmentLeadership #GlobalEconomy #Innovation #UAE

𝐀𝐭 #𝐅𝐈𝐈: 𝐒𝐚𝐮𝐝𝐢 𝐀𝐫𝐚𝐛𝐢𝐚’𝐬 𝐏𝐈𝐅 & 𝐇𝐨𝐧𝐠 𝐊𝐨𝐧𝐠 𝐋𝐚𝐮𝐧𝐜𝐡 $𝟏𝐁 𝐅𝐮𝐧𝐝 𝐭𝐨 𝐃𝐫𝐢𝐯𝐞 𝐆𝐫𝐨𝐰𝐭𝐡 𝐢𝐧 𝐊𝐞𝐲 𝐒𝐞𝐜𝐭𝐨𝐫𝐬! Saudi Arabia’s Public Investment Fund (𝑷𝑰𝑭) and the Hong Kong Monetary Authority (𝑯𝑲𝑴𝑨) have announced a US$1 billion joint investment fund, unveiled at the Future Investment Initiative (𝑭𝑰𝑰) in Riyadh. This fund will target sectors such as manufacturing, renewables, fintech, and healthcare in Saudi Arabia, supporting job creation and economic growth by leveraging ties with Hong Kong and the Greater Bay Area. In parallel, the Securities and Futures Commission (𝑺𝑭𝑪) of Hong Kong and Saudi Arabia’s Capital Market Authority (𝑪𝑴𝑨) are working together to facilitate cross-border listings, boosting financial product access and investment flows between the two regions. This week saw the debut of two ETFs tied to Hong Kong stocks on the Saudi Stock Exchange (𝑻𝒂𝒅𝒂𝒘𝒖𝒍), marking a new phase in capital market collaboration. These collaborations reflect a joint commitment by Saudi Arabia and Hong Kong to strengthen regional growth and open new pathways for global investment. #FII2024 #GlobalInvestment #SaudiHongKongAlliance #FutureOfFinance #BillionDollarFund #CrossBorderGrowth #InvestmentOpportunities #capitalmarkets #Vision2030

At the Future Investment Initiative (#FII8) in Riyadh, Majid Mufti CEO of the NEOM Investment Fund (NIF) (NIF), joined H.R.H. Prince Fahad M AlSaud President of Saudi Startup20 in a session titled “Driving Global Innovation to Saudi Arabia,” moderated by Edie Lush. They discussed how Saudi Arabia is actively shaping its innovation ecosystem to attract global investments and establish itself as a leader in emerging markets. The conversation focused on strategies to position Saudi Arabia as a hub for global innovation, showcasing NEOM’s projects and Saudi Startup20’s initiatives as catalysts for technological advancement and economic diversification. These efforts align with Vision 2030, aiming to transform the Kingdom’s economy by attracting international talent, fostering startups, and creating a thriving environment for innovation-driven industries.

The Future Investment Initiative: Driving Over $125 Billion in Deals 🔸️ Yasir Al Rumayyan, Governor of the Public Investment Fund (PIF), announced that since its inception, the Future Investment Initiative (FII Institute ) has facilitated deals exceeding $125 billion. 🔸️ The Public Investment Fund currently manages assets totaling $930 billion, with a significant shift underway in our investment distribution model. 🔸️ Opening the FII conference in #Riyadh, he noted that global challenges, such as economic instability, rising living costs, and healthcare disparities, create new avenues for progress. 🔸️ “We have both the responsibility and the opportunity to shape a future that invests not only in the economy but in humanity itself. This requires sustainable, long-term investment to ensure lasting impact.” 🔸️ As investors, we must prioritize sectors driving transformation, from green energy technologies and healthcare innovations to youth engagement through sports. 🔸️ Saudi Arabia stands as a critical global hub, leveraging its resources and strategic location to advance investments in key areas like energy and technology. 🔸️ While financial returns are essential, economic, social, and environmental outcomes must be integrated at the heart of our decision-making processes. 🔸️ By 2030, emerging markets are projected to surpass advanced economies, underscoring #Investment #EconomicDevelopment #SustainableGrowth #FutureInvestment #SaudiVision2030 #ArtificialIntelligence #GreenEnergy #Innovation #HealthcareTransformation #YouthEmpowerment #GlobalEconomy #StrategicInvestments #RealEstate #Tourism #Travel #Hospitality #Leadership #EconomicGrowth #AI #Technology #EmergingMarkets

Yasir Al Rumayyan, Public Investment Fund (PIF), Government Entity in Saudi Arabia The Future Investment Initiative (FII) has proven to be a game-changer, driving more than $125 billion in deals since it began, as announced by Yasir Al Rumayyan, Governor of the Public Investment Fund (PIF). 🌟 This achievement isn’t just about numbers—it's about reimagining the global investment landscape. With PIF now managing $930 billion in assets, there’s a significant shift happening in the way investments are distributed. The message from this year’s FII conference in Riyadh was clear: amidst global challenges like economic instability, rising living costs, and healthcare gaps, there are also new opportunities for progress. "We have both the responsibility and the opportunity to shape a future that invests not just in the economy, but in humanity itself," Al Rumayyan emphasized. This vision calls for sustainable, long-term investments that ensure meaningful, lasting impacts. The focus is on transformative sectors like green energy, healthcare innovation, and youth engagement through sports—areas that have the potential to shape a brighter tomorrow. Saudi Arabia is stepping up as a vital global hub, leveraging its resources and strategic position to push advancements in energy, technology, and beyond. It’s not just about financial returns; it’s about integrating economic, social, and environmental outcomes into every investment decision. Looking ahead to 2030, emerging markets are projected to surpass advanced economies, underscoring the importance of strategic investments that drive both growth and equality. It’s an inspiring call to action for investors worldwide: let’s put humanity at the heart of investment strategies, creating not just wealth, but well-being. 💼🌍 #FutureInvestmentInitiative #InvestInHumanity #PIFVision2030 #GreenInnovation #GlobalTransformation #SustainableGrowth

𝐔𝐒𝐃 $𝟓𝟎 𝐁𝐢𝐥𝐥𝐢𝐨𝐧. That’s the value of Saudi Arabia’s Public Investment Fund (PIF) new deal with China, announced today: August 5th, 2024. This partnership is designed to encourage collaboration over competition, uniting the two nations with a shared goal of strengthening their economies. Core sector focus for investment surge across: Energy and Technology.   #SaudiInvestment #SaudiChinaDeal #Vision2030

Middle East Investors Summit - Riyadh 2024: Redefining the Future of Global Investment On October 27-28, the iconic Narcissus The Royal Hotel in Riyadh played host to an event like no other. Backed by the visionary Ministry of Investment - Saudi Arabia and inspired by the bold aspirations of Saudi Vision 2030, the summit brought together the world’s most influential minds in investment. This wasn’t just a summit—it was a movement, a catalyst for change, and a celebration of the boundless opportunities for Saudi Arabia and the GCC. From transformative panels that delved into INVEST SAUDI to meaningful connections forged between family offices, institutional investors, and global fund managers, the energy in the room was nothing short of electric. Taking place during Riyadh’s “big week” ahead of FII Institute 2024, this summit wasn’t just part of the conversation—it was driving it. Attendees left inspired, empowered, and equipped to lead the charge in reshaping the investment landscape of the region and beyond. At the heart of it all was our commitment to excellence: every detail, every connection, every discussion was crafted to deliver impact. The overwhelmingly positive response reaffirmed what we set out to achieve—an event that not only exceeded expectations but set a new benchmark for the industry. The video will capture the magic, momentum, and meaning of these extraordinary two days. To all our partners, speakers, and delegates—thank you for being part of this journey. Together, we’re not just shaping the future of investment in the Middle East; we’re writing history. #familyoffice #institutionalinvestors #swf #pif #neom #saudi #aramco #vc #investment #wealth #capitalallocation #capital