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Business News of Monday, 28 October 2019

Source: classfmonline.com

Bawumia attends 3rd session of future investment initiatives

Vice-President Dr. Mahamudu Bawumia Vice-President Dr. Mahamudu Bawumia

Vice President Dr Mahamudu Bawumia, left Accra on Sunday, 27 October 2019 for Riyadh, Saudi Arabia to attend the 3rd Session of the International Conference of the Public Investments Fund (PIF)’s Future Investment Initiative (FII), to be held from 29th to 31st October, 2019.

The Public Investments Fund, a sovereign wealth fund owned by Saudi Arabia, is considered to be among the largest sovereign wealth funds in the world with total estimated assets of about $320 billion.

Established in 2017, the FII is an international platform for expert-led debate between global leaders, investors, and innovators, with the power to shape the future of global investment. It is focused on utilising the investment to drive growth opportunities and address global challenges.

This year’s event, under the overall theme of “What’s Next for Global Business”, will anchor an influential community of global investors, business leaders, innovators and government officials, the latest trends in global investments and points to the most promising investment strategies to define partnerships for the future.

As well as participating in a number of sessions and meeting with world and business leaders, Dr Bawumia will deliver an address on Ghana’s investment potentials at the African Continent Dialogue Session.

Dr Bawumia returns to Accra on Thursday, 31 October 2019.