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02:10
Investors optimistic about future world economy despite current turbulence: FII Institute CEO
STORY: Investors optimistic about future world economy despite current turbulence: FII Institute CEO
DATELINE: Oct. 29, 2023
LENGTH: 0:02:10
LOCATION: Riyadh
CATEGORY: ECONOMY
SHOTLIST:
1. various of the Future Investment Initiative (FII) conference
2. SOUNDBITE 1 (English): RICHARD ATTIAS, CEO of the Future Investment Initiative (FII) Institute
3. various of the Future Investment Initiative (FII) conference
4. SOUNDBITE 2 (English): RICHARD ATTIAS, CEO of the Future Investment Initiative (FII) Institute
5. various of the Future Investment Initiative (FII) conference
STORYLINE:
CEO of the Future Investment Initiative (FII) Institute Richard Attias said he is optimistic about the long-term growth of the global economy despite the current turbulence around the world.
The just concluded three-day conference of the FII in Saudi Arabia's capital, Riyadh, gathered policymakers, investors, and entrepreneurs to discuss international investment and the global economy.
SOUNDBITE 1 (English): RICHARD ATTIAS, CEO of the Future Investment Initiative (FII) Institute "Investors always look at the long term. The long term is very optimistic, because so much innovation, so many solid infrastructures, so many solid companies and ideas."
He listed the areas of energy transition and artificial intelligence that drew great interest from investors at the conference.
SOUNDBITE 2 (English): RICHARD ATTIAS, CEO of the Future Investment Initiative (FII) Institute
"The unfortunate situation in terms of conflict will probably have an impact on the short term, on the supply chain, on the cost of commodities, which will definitely have an impact on inflation rates. But if we look at the medium-long term, people are quite optimistic, which is also my personal conviction."
Xinhua News Agency correspondents reporting from Riyadh.
(XHTV)
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