The city of Riyadh is hosting the (GREAT FUTURES) initiative and its associated activities for a duration of 12 months at the King Abdullah Financial Center. The objective is to forge Saudi-British partnerships across governmental and private sectors spanning various economic and developmental domains in alignment with Saudi Vision 2030.
This initiative, slated for launch on May 14th and 15th, will see the participation of a delegation comprising more than 350 government officials and business leaders from the British sector. Led by British Deputy Prime Minister Oliver Dowden, it forms part of the Saudi-British Strategic Partnership Council’s efforts to bolster economic ties between the two nations, particularly in promising sectors, and to foster bilateral trade and investment.
British Deputy Prime Minister Oliver Dowden emphasized the significance of this opportunity to establish forward-looking partnerships between business sectors of both countries, focusing on technology, innovation, and collaboration in areas such as research and development, clean technology, financial technology, and sustainable construction. Moreover, cooperation is sought in service sectors and quality of life enhancements, spanning arts, fashion, media, education, health, sports, architectural engineering, and tourism.
Meanwhile, Minister of Commerce Dr. Majid bin Abdullah Al Qasabi underscored the role of the (GREAT FUTURES) initiative in facilitating broad partnerships centered on innovation and technology between the business sectors of both nations. He noted the remarkable progress witnessed by Saudi Arabia under Vision 2030, particularly in innovation, technology, and digital services, viewing the initiative as an avenue to attract top talent from business and academic circles.
It’s noteworthy that the initiative ranks among globally significant events, with the participation of leading innovative companies from the United Kingdom.
