International Cooperation Minister attends Future Investment Initiative in Saudi Arabia - News Summed Up

International Cooperation Minister attends Future Investment Initiative in Saudi Arabia


CAIRO – 27 January 2021: Minister of State for International Cooperation Rania A. Al-Mashat attended on Wednesday the Future Investment Initiative (FII) 4th Edition Program Multi-Hub Conference, which will curate a rich and global conversation on future policies that will help mobilize resources and collaboration for a resilient COVID-19 recovery. Over 140 private sector leaders, policy makers, investors and other stakeholders will participate both virtually and physically to express support for multilateralism and provide relevant policy recommendations to ensure effective and productive collaboration within public-private investment mechanisms. The FII Institute is hosting the conference on January 27-28 at the King Abdul Aziz International Conference Center (KAICC) in Riyadh. Yasir Al-Rumayyan, Governor of the Public Investment Fund and Chairman of the Board of Directors of the Future Investment Initiative, will be opening the multi-hub conference this year that falls under the theme “The Neo-Renaissance'' to reimagine the global economy alongside the COVID-19 pandemic. The Ministry of International Cooperation’s portfolio includes overall around 34 projects worth $3.3 billion, which are being executed to achieve the targets of gender equality, with the top targeted sectors including Health (20%), Education (14%), and Micro, Small and Medium-sized Enterprises (MSMEs) (15%).


Source: Egypt Today January 27, 2021 12:00 UTC



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