{"publisher":"Cicada (cicadaconsultancy.online)","license":"https://creativecommons.org/licenses/by/4.0/","attribution":"Cite as: Cicada (cicadaconsultancy.online)","docs":"https://cicadaconsultancy.online/llms.txt","item":{"id":"fii8-riyadh-2024","event_date":"2024-10-29","published":"2026-10-03","category":"events","importance":2,"title":{"en":"FII8 closes in Riyadh with $70bn of announced deals","ar":"ختام النسخة الثامنة من مبادرة مستقبل الاستثمار في الرياض بإعلان صفقات بنحو 70 مليار دولار"},"summary":{"en":"The eighth Future Investment Initiative ran from 29 to 31 October 2024 in Riyadh, with organizers expecting 7,000 participants and about 520 global CEOs. Before the event, FII chief Richard Attias said deals worth around $28 billion were expected across food, entertainment, renewables, cybersecurity and sports. At the close, the FII Institute said more than 30 announcements worth $70 billion had been made. The forum also hosted the signing of the partnership between PIF and Google Cloud on an AI hub.","ar":"عُقدت النسخة الثامنة من مبادرة مستقبل الاستثمار في الرياض من 29 إلى 31 أكتوبر 2024، وتوقع المنظمون مشاركة نحو 7,000 شخص وقرابة 520 رئيساً تنفيذياً عالمياً. وقبل انطلاق الحدث قال رئيس المبادرة ريتشارد أتياس إن صفقات بنحو 28 مليار دولار متوقعة في قطاعات الأغذية والترفيه والطاقة المتجددة والأمن السيبراني والرياضة. وعند الختام قال معهد المبادرة إنه أُعلن عن أكثر من 30 صفقة بقيمة 70 مليار دولار. واحتضن المنتدى كذلك توقيع الشراكة بين صندوق الاستثمارات العامة وجوجل كلاود لإنشاء مركز للذكاء الاصطناعي."},"entities":["FII","PIF","Google Cloud","Richard Attias"],"figures":[{"label":"deals announced (per FII Institute)","label_ar":"الصفقات المعلنة (وفق معهد المبادرة)","value":70,"unit":"USD bn"},{"label":"expected deals (pre-event)","label_ar":"الصفقات المتوقعة (قبل الحدث)","value":28,"unit":"USD bn"}],"sources":[{"url":"https://www.aap.com.au/aapreleases/cision20241102ae47119","publisher":"AAP / Cision (FII Institute press release)","title":"FII8 Day Three Ends with $70 Billion in Deals Announced","published":"2024-11-02"},{"url":"https://www.arabnews.pk/node/2575367","publisher":"Arab News Pakistan","title":"Deals worth $28bn across various sectors expected at FII8, says Attias","published":null},{"url":"https://www.arabnews.pk/business/global-leaders-experts-descend-on-riyadh-for-fii8-2577072","publisher":"Arab News Pakistan","title":"Global leaders, experts descend on Riyadh for FII8","published":null},{"url":"https://www.googlecloudpresscorner.com/2024-10-30-PIF-and-Google-Cloud-to-create-advanced-AI-hub-in-Saudi-Arabia","publisher":"Google Cloud Press Corner","title":"PIF and Google Cloud to create advanced AI hub in Saudi Arabia","published":"2024-10-30"}],"verification":"corrected","urls":{"en":"https://cicadaconsultancy.online/en/news/fii8-riyadh-2024","ar":"https://cicadaconsultancy.online/ar/news/fii8-riyadh-2024","markdown_en":"https://cicadaconsultancy.online/en/news/fii8-riyadh-2024.md","markdown_ar":"https://cicadaconsultancy.online/ar/news/fii8-riyadh-2024.md"},"image":"https://cicadaconsultancy.online/images/articles/fii8-riyadh-2024.jpg"}}