The event, sponsored by the Government of Saudi Arabia, aims to bring together around six thousand participants from more than 90 countries over three days, who can take part in lectures, workshops, round tables and conferences, with the idea of creating a “New Compass” to tackle international Challenges in the economic, financial and commercial sectors.
The Executive Director of the FII Institute, Richard Attias, assured that it is important to “discuss the future of human values, a topic of profound importance, especially now that the world is on the threshold of a new era.”
The official, quoted by Saudi press agency SPA, held that the global environment is evolving at an unprecedented pace, amid threats such as climate change, health crises and conflicts that require a “collective spirit of compassion” to find solutions all.
It must also be taken into account that new technologies, including artificial intelligence and genetic engineering, are making rapid progress, and it is necessary to create strong ethical frameworks to protect human rights, dignity, privacy and the use of scientific advances of humanity, he ruled .
For his part, the President of the World Bank, Ajay Banga, drew attention to the “serious impact” of the wars in Ukraine and Gaza on the international economy, in a context where geopolitical risks represent a “major obstacle” to private investment.
He noted that these risks impact energy and supply chains, thereby discouraging long-term projects due to political or geopolitical uncertainty.
In its seventh edition, the FII Forum brings together managers of multinational corporations, international economic and financial institutions, academics and specialists in economics and investments.
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