The Saudi Financial Conference, also known as the Future Investment Initiative (FII), is an annual gathering of global finance, industry, and technology professionals to discuss and determine the future of Saudi investments. The event, organized by Saudi Arabia's Public Investment Fund (PIF), one of the world's largest sovereign wealth funds, has drawn notice due to the involvement of high-profile Wall Street personalities.
Despite fears about Middle East travel owing to the Israel-Hamas war, top Wall Street financiers such as Citi’s Jane Fraser, JPMorgan’s Jamie Dimon, and Goldman Sachs’ David Solomon attended the FII conference in Riyadh. The event provides attendees with the opportunity to network with Saudi Arabia’s leading corporations and its $778 billion sovereign wealth fund.
The conference, now in its seventh year, is known as “Davos in the Desert” and focuses on debates regarding global economic and financial issues. The event this year took place against the backdrop of Saudi Arabia’s major investments in numerous industries, and it provided an intimate look at the present situation of the financial industry through closed-door discussions.
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