Saudi King invites PM Imran Khan to attend FII conference on Oct 23

ISLAMABAD: Prime Minister Imran Khan will be visiting Saudi Arabia to attend the Future Investment Initiative Conference on October 23.

Prime minister is invited on a special invitation of King Salman bin Abdul Aziz Khan is expected to travel to Riyadh to participate on the first of the three-day conference. The investment conference will continue till October 25.

Premier’s participation in the conference is aimed at projecting Pakistan’s economic and investment potential and his vision of the country in the five years to come.

The conference, named “Davos in the desert”, will include businessmen, investors, corporate heads and people of the high-tech industry from all over the world.

The premier will meet King Salman and Crown Prince Muhammad Bin Salman during this visit. This is PM Khan’s second visit to Saudi Arabia since assuming office.

Many participants are not attending, however, after Saudi Arabia’s involvement in the disappearance of journalist Jamal Khashoggi came to light.

The conference, termed “Davos in the desert”, will host leading businesspersons, investors, corporate giants, representatives of hi-tech industry and major media outlets at one platform, the Foreign Office said in a press release.

Prime Minister Imran Khan’s participation is aimed at projecting Pakistan’s economic and investment potential and his vision of the country in the five years to come. The conference provides an opportunity to interact with important business leaders who are interested in investing in Pakistan, the press release stated.

The FII conference is now an annual feature in Saudi Arabia. The first FII was held last year, with participation of 3,800 people from 90 countries. This year’s conference is also likely to attract participation from a large number of leading figures.

PM Imran’s participation in the conference signifies our solidarity with the Kingdom in its efforts to become an emerging hub of international business and investment, the release added.

The prime minister last toured Saudi Arabia on September 18.