RIYADH, Saudi Arabia—There was standing room only in the expansive halls of Riyadh’s Ritz-Carlton hotel on Oct. 29 as the world’s financial royalty attended Saudi Arabia’s Future Investment Initiative (FII) conference, aimed at courting global investors.
Saudi Arabia said it signed more than two dozen investment deals worth $15 billion in total, mostly in manufacturing, as the kingdom strives to show Crown Prince Mohammed bin Salman’s diversification plan is on track after limited progress since the first FII forum in 2017.
