Reported about 1 month ago
Saudi Arabia is hosting major finance and tech leaders at the Future Investment Initiative, coinciding with rising regional conflicts, particularly tensions between Israel and Iran. Despite geopolitical uncertainties, executives from firms like Goldman Sachs and BlackRock are attending, drawn by Crown Prince Mohammed bin Salman’s Vision 2030 plans for economic transformation. Anticipated announcements include significant investments in AI and hydrogen production. However, regional instability is influencing investor sentiment, as evidenced by a decline in interest in Saudi markets compared to earlier this year.
Source: YAHOO