INTRODUCTORY SPEECH BY H.E. YASIR AL-RUMAYYAN

The discussion highlights Saudi Arabia's strategic role as a super connector, leveraging its resources and location to drive investments in energy, infrastructure, and technology. Artificial Intelligence is projected to significantly boost the global economy by 2030, transforming industries and enhancing productivity. The energy sector exemplifies purposeful investment, with major players investing over 65 billion dollars in low carbon technologies since 2017. The transition to a net-zero economy requires long-term investors committed to a just energy transition. Public and private sectors must collaborate to ensure policy and investment act as catalysts for the energy transition. The Future Investment Initiative (FII) has facilitated over 125 billion dollars in deals since 2017, emphasizing the importance of investing with purpose. Emerging markets are projected to outpace developed markets by 2030, underscoring the need for strategic investments. The discussion calls for a shift from short-term gains to sustainable growth that benefits both economies and societies.