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January 29, 2021 04:29 Day 2 of the Future Investment Initiative: an economist’s perspective (or what it takes to build better) Cornelia Meyer January 29, 2021 04:29 Crown Prince Mohammed bin Salman inspired the audience with his vision and plan to develop Riyadh. (AFP) Short Url https://arab.news/myjwe The second day of the Future Investment Initiative (FII) investigated what the post-COVID -19 economic future might look like, and presented some bold visions. This was the logical progression from Day 1 of the conference, which had painted with a broad brush the impact the pandemic has had...

Future Investment Initiative: The Neo-Renaissance and ESG Cornelia Meyer Short Url https://arab.news/23bfp The topic of ESG (environment, social and governance principles) weaved its way through virtually all the sessions at the Future Investment Initiative (FII) conference.  This was not surprising as the title of the conference was “The Neo- Renaissance,” inspired by the impetus to the economy and culture in 15th and 16th century Florence as the world emerged from the plague – another pandemic with global reach. The pandemic has changed the world for good. Hence, how one could build ...

Day 1 of the Future Investment Initiative: an economist’s perspective Cornelia Meyer January 28, 2021 04:13 All in all, the way the conference focused on the great reset was visionary, pragmatic and specific. (Reuters) Short Url https://arab.news/8t7y8 The first day of the Future Investment Initiative (FII) conference in Riyadh made for very compelling viewing, from an economist’s perspective. The theme of this year’s event, “neo-renaissance,” reflects the fact that when the global economy emerges from the COVID-19 pandemic our lives will have irrevocably changed. What sets the FII ...

Putin tested by Navalny supporters’ show of strength Cornelia Meyer Alexei Navalny is arrested at passport control at Sheremetyevo airport in Moscow. (AFP) Short Url https://arab.news/4xcpx When Alexei Navalny returned to Russia this month, the world collectively held its breath: Would he or wouldn’t he be arrested on his return to his homeland? What many feared would happen then took place. On passing passport control, he was arrested, and now faces a Feb. 2 hearing on whether his suspended three-and-a-half-year prison sentence for fraud should be converted to jail time. What ensued we a...

The PIF — audacity of purpose to forge Saudi Arabia’s economic future Cornelia Meyer Short Url https://arab.news/r737n Later this week, Saudi Arabia’s Public Investment Fund (PIF) will hold its annual investors’ conference the Future Investment Initiative (FII), which has also been dubbed “Davos in the desert.” There was a flurry of announcements leading up to the key event. Firstly, the government released third-quarter jobless figures, which were well-received, as unemployment for the period fell to 14.92 percent from 15.4 percent in the second quarter. The number is encouraging...