• FII9 concluded in Riyadh with over USD 50B in deals across AI, renewable energy, advanced technology, and infrastructure.
• The conference drew 9,000 delegates, 650+ speakers, 250 sessions, and 20 heads of state from around 90 countries globally.
• Major announcements included renewable energy partnerships, AI and data infrastructure projects, and a USD 8.4B UK–Gulf trade package.

Future Investment Initiative

In Riyadh, the ninth edition of the Future Investment Initiative flagship conference (FII9) concluded with more than USD 50 billion in signed agreements and investment pledges. These deals span artificial intelligence, advanced technology, renewable energy and infrastructure.

Organized by the Future Investment Initiative (FII) Institute, the event was held under the theme  “The Key to Prosperity: Unlocking New Frontiers of Growth.”

The event was attended by over 9,000 delegates including more than 600 media and 2,000 membership participants. Additionally, it included more than 650 speakers, 250 sessions, and 20 heads of state. It also had participants from around 90 countries, encompassing government ministers, global CEOs, investors, and tech entrepreneurs. 

At the center of the event was tech and innovation featuring 52% of speakers drawn from the technology sector. This is with an emphasis on AI, robotics, deep-tech, and sovereign infrastructure. 

Investments

Among the major projects announced was a renewable energy partnership between ACWA Power, Aramco, and global utilities to expand low-carbon generation capacity. There were also AI and data infrastructure projects announced involving HUMAIN, Qualcomm, Blackstone, and Saudi technology entities. With this, they aim to support the creation of sovereign computers and AI-training facilities.

At FII9, the Public Investment Fund (PIF), disclosed that it has enabled over USD 250 billion in cumulative deals since inception. This aims to reinforce Saudi Arabia’s ambition as a global investment hub.

The UK Chancellor of the Exchequer, Rachel Reeves, announced a USD 8.4B UK–Gulf trade-and-investment package. This aims to strengthen UK-Saudi trade and advanced-technology cooperation.