Saudi Arabia’s Future Investment Initiative (FII9) closed with a wave of deals and pledges focused on artificial intelligence, clean energy, advanced tech, and infrastructure. According to the Future Investment Initiative Institute, more than $50 billion in agreements were announced during the four-day forum in Riyadh.
Organizers said the event, held under the theme The Key to Prosperity: Unlocking New Frontiers of Growth
, drew a record 9,000 delegates from around 90 countries, including over 2,000 members, 600 media representatives, and 20 heads of state. The platform’s cumulative deal value has now surpassed $250 billion since inception, according to H.E. Yasir Al-Rumayyan, Governor of the Public Investment Fund and Chairman of Aramco’s Board of Directors.
Energy and technology
Energy and technology dominated this year’s announcements. Renewable partnerships involving ACWA Power, Aramco, and international utilities aim to expand low‑carbon generation, while AI and data‑infrastructure initiatives by HUMAIN, Qualcomm, Blackstone, and Saudi tech entities target sovereign compute and AI‑training capabilities, according to event statements.
Technology and innovation set the tone, with 52 percent of speakers drawn from the tech sector, according to the Future Investment Initiative Institute. Discussions emphasized AI, robotics, deep tech, advanced manufacturing, and sovereign infrastructure — signaling a pivot toward tech‑driven economic transformation.
Global participation and deals
Global participation underscored the forum’s geo‑economic reach. A UK – Gulf trade and investment package worth GBP 6.4 billion (about $8.4 billion) was announced by UK Chancellor of the Exchequer Rachel Reeves, strengthening ties in trade and advanced technology. The attendance of China’s Vice‑President Han Zheng, the Russian Direct Investment Fund’s CEO Kirill Dmitriev, and senior U.S. officials reinforced FII9 as a convening point for established and emerging investment centers, according to the organizers.
Four investment themes stood out: scaled public – private partnerships; broader capital flows across the Global South, Middle East, and Asia‑Pacific; technology‑first infrastructure that integrates AI and green energy; and narrative leadership positioning Saudi Arabia and FII as a hub for investment diplomacy.
Next phase
Richard Attias, Chairman of the Executive Committee and Acting CEO of the FII Institute, said the next phase is delivery—turning commitments into jobs, GDP gains, and a stronger innovation ecosystem, according to the Institute. In line with Vision 2030, participants are expected to advance bilateral deals, joint ventures, and cross‑border projects initiated at the summit—aiming to shape a more diversified, technology‑led global prosperity.
