Saudi Arabia Hosts Major Economic Summit Amid Regional Tensions

Global investors gather in Riyadh for the Future Investment Initiative, as Saudi Arabia aims to attract foreign capital despite geopolitical challenges.

Saudi Arabia's Future Investment Initiative attracts major figures from Wall Street and technology sectors, highlighting the kingdom's push for economic diversification under Vision 2030.
The conference occurs against a backdrop of regional instability, with ongoing conflicts involving Israel and Iran raising concerns about investment risks.
Saudi Arabia's economic strategy now emphasizes value-added investments and domestic development, with stricter conditions for foreign investors seeking capital.
Despite lower oil prices and budget constraints, Saudi Arabia remains committed to its mega-projects, including the $1.5 trillion NEOM initiative.
Deals worth over $28 billion are expected to be announced at the summit, focusing on areas like artificial intelligence and hydrogen production.