Thursday, February 5, 2026
General

Global Leaders Hail Saudi Arabia’s Economic Vision at FII9 Summit Conclusion

Global Leaders Hail Saudi Arabia’s Economic Vision at FII9 Summit Conclusion

The ninth Future Investment Initiative (FII9) concluded in Riyadh today with unprecedented success, drawing over 9,000 delegates from more than 60 countries in a powerful demonstration of Saudi Arabia’s growing influence as a global investment hub. The landmark event, which focused heavily on artificial intelligence and technological innovation, showcased the Kingdom’s pivotal role in shaping the future of global investment and economic growth.

Record-Breaking Attendance and Technology Focus

The three-day forum marked a significant milestone with participation from 2,000 members, 60 strategic partners, and 600 media representatives. Notably, 52% of speakers represented the technology sector, reflecting the growing emphasis on AI-driven economic transformation. The unprecedented attendance numbers underscore the FII’s position as a premier global investment platform and Saudi Arabia’s increasing prominence in international finance.

Breakthrough Announcements and Strategic Initiatives

Several groundbreaking developments were unveiled during the forum, including the announcement of Starcloud’s pioneering AI data center in space and 1X Technologies’ ambitious plan to deploy 100,000 humanoid robots by 2027. The introduction of SAGE (Sovereign AI Governance Engine), developed in Saudi Arabia, demonstrated the Kingdom’s commitment to advancing global AI governance solutions.

In the financial sector, Saudi Arabia’s asset management industry reported exceeding SAR1 trillion in assets under management, while the Capital Markets Authority highlighted the rapid growth of private capital, which is expanding at nearly twice the industry rate.

International Impact and Regional Leadership

Global financial leaders from institutions including Goldman Sachs, BlackRock, and State Street praised Saudi Arabia’s emergence as a dynamic investment destination. The Gulf region’s transformation into a strategic anchor for global venture capital was particularly emphasized, with Riyadh being characterized as the new ‘capital of capital’ for international investors and entrepreneurs.

The forum’s focus on innovation was exemplified through the FII Innovators Pitch 2025, which showcased promising startups in AI-designed medicine, diagnostic health, and sovereign computing, reinforcing Saudi Arabia’s position as a nurturing ground for global entrepreneurship.

Vision 2030 Alignment

The successful conclusion of FII9 directly aligns with Saudi Arabia’s Vision 2030 objectives of diversifying the economy and establishing the Kingdom as a global investment powerhouse. The forum’s emphasis on technological innovation, entrepreneurship, and sustainable economic growth reflects the transformative journey that Saudi Arabia is leading, while the tribute to Crown Prince Mohammed bin Salman bin Abdulaziz Al Saud underscores the visionary leadership driving the Kingdom’s ambitious modernization agenda.