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Future Investment Initiative

Coverage of Future Investment Initiative in the Nexus archive.

Earliest in view: Jun 23 · 10:09 UTCMost recent: Jul 23 · 11:43 UTC
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Recent coverage
  • BUSINESSJul 23 · 11:43 UTCSEMAFOR
    Delta to launch direct flights to Saudi Arabia

    Delta Air Lines will launch direct flights to Saudi Arabia in October, the first by a US carrier in 25 years, ahead of the Future Investment Initiative. Ticket sales have been slower due to the Iran conflict, but Delta remains optimistic, while other airlines like Virgin Atlantic and Air Canada have canceled similar routes.

  • BUSINESSJun 23 · 10:09 UTCFORTUNE
    Saudi’s sovereign wealth fund wants the kingdom to become a global investment center

    Saudi Arabia’s Public Investment Fund (PIF) is shifting its strategy to make the kingdom a global investment hub, allocating 80% of its capital to domestic projects and scaling back foreign investments. This pivot includes reducing the scope of giga-projects like Neom and Trojena amid fiscal pressures and geopolitical challenges.