Future Investment Initiative (FII) and the Quality of Life Program are boosting investment, diversifying the economy, and strengthening Saudi ties to the world

The Quality of Life Program, a key Vision Realization Program (VRP) of Vision 2030 to enrich and improve urban living in Saudi Arabia, is proud to be a part of the government’s ambitious initiatives to boost investment across a number of key sectors currently being discussed at the Future Investment Initiative (FII).

Now in its seventh year, FII is being held from October 24-26 in Riyadh. A global event that brings many of the world’s leading investors, business leaders, policymakers, inventors, innovators, and explorers to the Saudi capital, this year’s theme is ‘The New Compass.’

With an exciting interactive program, the three-day conference will support investors from around the world recalibrate their strategies to navigate a new global economy through talks, panels, and expert sessions on many of the world’s most pressing themes, including the energy transition, carbon capture, new trends in AI, emerging geoeconomic strategies, how to nurture hybrid economies, and adjusting to persistent inflationary pressures.

“This year’s FII is another tremendous opportunity for Saudi Arabia not merely to showcase its social, economic, and infrastructural progress to many of the world’s most influential investors and policymakers,” said Quality of Life Program CEO Khalid Albaker, “but to forge meaningful solutions to many of the world’s most pressing problems, too. FII is now a key moment on the global policymaking calendar, which is important for Saudi Arabia and advantageous for the world.” 

The Quality of Life Program looks forward to working with partners and stakeholders from across the business landscape to boost investment in the Kingdom’s sports, entertainment and hobbies, tourism, culture, security, and urban design sectors and to further realize Vision 2030's key objectives. As the Kingdom’s premier policy objective, this is something that the government, VRPs, and private sector are collectively working to bring to fruition within the next 5-7 years. 

Launched in 2017, the Future Investment Initiative (FII) Institute is a global nonprofit foundation driven by data with an investment arm and one agenda: Impact on Humanity. Global and inclusive, the Institute fosters great minds from around the world and turns ideas into real-world solutions in four critical areas: Artificial Intelligence (AI) and robotics, Education, Healthcare, and Sustainability.

As one of the Kingdom’s leading global initiatives, FII complements the work of the Quality of Life Program by boosting investment in the Saudi economy, diversifying away from oil, creating jobs, and building broader social and economic resilience throughout a variety of new and traditional sectors. Together, both are key to achieving the Kingdom’s ambitious Vision 2030 objectives.

About the Quality of Life Program

The Quality of Life Program was founded in 2018 as a Vision Realization Program (VRP) of Vision 2030 to create a standard of living in Saudi Arabia that the world can aspire to through smarter urban design, world-class culture, arts, entertainment, and sports offerings, and municipal policies that enable healthier, happier, and more active lifestyles for every inhabitant of the Kingdom.