Future Investment Initiative
China Condemns Trade Protectionism Ahead of Critical Trump-Xi Summit in South Korea
Oct 29, 2025 02:04 am CST
China's Vice President Han Zheng denounced "bullying" and protectionism at Saudi Arabia's Future Investment Initiative, just days before Chinese President Xi Jinping and US President Donald Trump meet in South Korea to negotiate an end to their prolonged trade dispute. With new tariffs threatened for November 1, this high-stakes diplomatic engagement aims to resolve tensions undermining global economic stability.
Saudi Arabia's Tourism Growth Continues Despite Alcohol Ban, Says Developer
Oct 29, 2025 12:43 am CST
Saudi Arabia's luxury developer John Pagano affirms that the kingdom's alcohol prohibition won't hinder tourism growth, as the country invests $800 billion in tourism by 2030. With Red Sea Global developing 27 hotels and resorts, Saudi Arabia is transforming from a purely religious destination to a diverse tourism hub while maintaining its cultural values ahead of hosting the 2030 World Expo and 2034 World Cup.
Saudi Arabia's FII Summit: Billions at Stake as Kingdom Showcases Economic Transformation and AI Ambitions
Oct 28, 2025 10:32 pm CST
Saudi Arabia hosts its ninth Future Investment Initiative conference, attracting global investors and heads of state to support its economic diversification plans. With $31.7 billion in foreign investment last year and ambitious gigaprojects like NEOM under scrutiny, the kingdom aims to position itself as a major player in technology and AI while strengthening international business relationships.