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RIYADH, Saudi Arabia--(BUSINESS WIRE)--Nov 24, 2024-- Under the patronage of His Royal Highness Crown Prince and Prime Minister Mohammed bin Salman bin AbdulAziz Al Saud, the World Association of Investment Promotion Agencies (WAIPA) and Invest Saudi are organizing the 28th annual World Investment Conference (WIC) from November 25 to 27, in Riyadh. This prestigious event will gather global leaders in investment, government, and international organizations to address the theme, ‘Harnessing Digital Transformation and Sustainable Growth: Scaling Investment Opportunities’. His Excellency Khalid Al-Falih, Minister of Investment of Saudi Arabia, commented: “Under the wise leadership of the Custodian of the Two Holy Mosques; King Salaman bin AbdulAziz Al Saud and His Royal Highness Crown Prince and Prime Minister, Mohammed bin Salman bin AbdulAziz Al Saud, the Kingdom, driven by its ambitious “Vision 2030”, has become a premier world investment destination and is experiencing unprecedented growth in overall investment amounts and diversity.” “This year’s World Investment Conference in Riyadh will be a platform for sharing our nation’s strategic vision with our partners, and an invaluable opportunity to highlight our status as a trusted partner for sustainable economic growth. We look forward to welcoming investment leaders from around the world to forge partnerships that will benefit both the Kingdom and global economies.” Al-Falih added. Saudi Arabia has become a prime destination for international investors, issuing over 28,900 foreign investment licenses, thanks to reforms under Vision 2030. These reforms, including allowing 100% foreign ownership in specific sectors and streamlining business and visa procedures for rapid approvals, have significantly boosted investor confidence. This investor friendly climate, especially in sectors like renewable energy, logistics and AI, reflects the Kingdom’s dedication to creating an attractive and efficient business environment, and helps to build a resilient economy for Saudi Arabia that stands at the forefront of global innovation and development. Ismail Ersahin, Executive Director and CEO of WAIPA said: “WAIPA is excited to bring the 28th WIC to Riyadh, a city that perfectly embodies the future of investment. The conference will provide a crucial platform for Investment Promotion Agencies and investors to discuss emerging opportunities in a rapidly evolving global landscape. We deeply appreciate Saudi Arabia’s vision and leadership, which will ensure that this edition of WIC is an impactful gathering for all participants.” Key highlights of WIC 2024 will include a range of conference tracks, such as high-level government dialogues, insightful sessions on technology, sustainability, and economic cooperation, as well as practical masterclasses for investment professionals. A dedicated entrepreneurship track will emphasize the transformative role of startups and innovators, while exclusive matchmaking sessions will facilitate strategic partnerships between investors, SMEs, and potential collaborators. Participants will also have the opportunity to celebrate the achievements of Investment Promotion Agencies through the Awards Track, honoring innovation and excellence in investment facilitation. This year’s WIC promises to be a pivotal forum aligned with global investment drivers: the disruptive influence of technology and artificial intelligence (AI), global supply chain resilience, energy transition towards sustainability, and the transformative role of entrepreneurs and startups in reshaping investment landscapes traditionally led by multinational corporations. Leaders and stakeholders will discuss and explore how these factors are redefining economies and driving forward-looking investment models worldwide. With its focus on scaling investment opportunities, WIC 2024 is designed to empower attendees with the tools, knowledge, and connections necessary to drive meaningful economic impact. About WIC: https://waipa.org/wic-info/ *Source: AETOSWire View source version on businesswire.com : https://www.businesswire.com/news/home/20241124564843/en/ CONTACT: For media inquiries: WIC28media@apcoworldwide.com KEYWORD: MIDDLE EAST SAUDI ARABIA INDUSTRY KEYWORD: FINANCE BANKING PROFESSIONAL SERVICES OTHER PROFESSIONAL SERVICES ASSET MANAGEMENT SOURCE: World Investment Conference Copyright Business Wire 2024. PUB: 11/24/2024 10:06 AM/DISC: 11/24/2024 10:06 AM http://www.businesswire.com/news/home/20241124564843/en

NoneGonzaga lands Virginia transfer G Jalen WarleyNASSAU, Bahamas — Justin Thomas was long off the tee and made a few long putts on the back nine to overtake Scottie Scheffler with a 6-under 66 and build a one-shot lead Saturday over golf's best player going into the final round of the Hero World Challenge. Thomas is trying out a 46-inch driver — a little more than an inch longer than normal — that he previously used for practice at home to gain speed and length. He blasted a 361-yard drive to 8 feet on the par-4 seventh hole and led the field in driving distance. But it was a few long putts that put him ahead of Scheffler, who had a 69. Thomas was on the verge of falling two shots behind when he made an 18-foot par putt on the par-3 12th hole. On the reachable par-4 14th, he was in a nasty spot in a sandy area and could only splash it out to nearly 50 feet. He made that one for a most unlikely birdie, while behind him Scheffler muffed a chip on the 13th hole and made his lone bogey of a windy day. Scheffler never caught up to him, missing birdie chances on the reachable 14th and the par-5 15th. Thomas hit his approach to 3 feet for birdie on the 16th after a 343-yard drive. Scheffler made an 18-foot birdie putt on the 16th to close within one. Scheffler missed birdie chances on the last two holes from the 10-foot and 15-foot range, while Thomas missed an 8-foot birdie attempt at the last. "I had a stretch at 13, 14, 15 where I felt like I lost a shot or two there, but outside of that I did a lot of really good things today," Scheffler said. Thomas hasn't won since the 2022 PGA Championship at Southern Hills, and a victory at Albany Golf Club wouldn't count as an official win. But the two-time major champion has made steady progress toward getting his game back in order. "I'm driving it great. I've had a lot of confidence with it," Thomas said of his longer driver. "I feel like I've been able to put myself in some pretty good spots going into the green. I'm still not taking advantage of some of them as much as I would like, but that's golf and we're always going to say that." Thomas was at 17-under 199 and will be in the final group Sunday with Scheffler, who is trying to end his spectacular season with a ninth title. Tom Kim put himself in the mix, which he might not have imagined Thursday when he was 3 over through six holes of the holiday tournament. Kim got back in the game with a 65 on Friday, and then followed with 12 birdies for a 62. He had a shot at the course record — Rickie Fowler shot 61 in the final round when he won at Albany in 2017 — until Kim found a bunker and took two shots to reach the green in making a double bogey on the par-3 17th. Even so, he was only two shots behind. Ryder Cup captain Keegan Bradley (68) was four back. "Feel like I've been seeing signs of improvement, which is what you want and that's all I can do," Thomas said. "I can't control everybody else or what's going on, I've just got to keep playing as good as I possibly can and hope that it's enough come Sunday."

Thomas uses big drives and putts to hold lead in Bahamas