The Kenya National Chamber of Commerce and Industry (KNCCI) and the Federation of Saudi Chambers of Commerce are set to deepen their partnership during the 9th Future Investment Initiative (FII9) which will take place in Riyadh, Saudi Arabia on 27th – 30th October 2025.
The summit will be held under the theme Unlocking New Frontiers of Growth: The Key to Prosperity.
The Kenyan delegation at the high-level summit, which will be held at the King Abdulaziz International Conference Centre in Riyadh, will be spearheaded by the Kenya-Saudi Joint Business Council which was formalized in February 2025.
The Council’s mandate is to enhance engagement with global investors, explore collaborative ventures and position both nations as strategic partners.
Notable participants expected at the forum include World Trade Organization Director-General Ngozi Okonjo-Iweala and Nigerian business magnate Tony Elumelu as well as various representatives from the Saudi business community.
Other speakers include global business and innovation leaders such as Saudi Aramco Chairman Yasir Al-Rumayyan, JPMorgan Chase CEO Jamie Dimon, Citi Bank CEO Jane Fraser and OpenAI CEO Sarah Friar among others.
A statement from the Future Investments Initiative Institute, the organizers of the event, noted that 20 Heads of State had also confirmed their attendance.
“Prosperity is the common aspiration of nations, economies and individuals alike,” said Richard Attias, Chairman of the Executive Committee and Acting CEO of the FII Institute. “The presence of over 600 speakers and 20 Heads of State reflects the urgency and commitment to shaping actionable strategies that will define the next era of sustainable growth, technological innovation, and human development.”
Kenya’s President William Ruto was scheduled to attend the event but will be absent following cancellation of his participation at major events in the wake of former Prime Minister Raila Odinga’s demise.
According to the KNCCI, Kenya’s exports to Saudi Arabia have experienced significant growth, increasing from $70.1 million in 2021 to $130 million in 2023.
This expansion has been driven by high-value agricultural products such as tea, coffee, fresh produce, meat and live animals.
Kenya is seeking to expand its export footprint further and unlock fresh business opportunities with the Kenya-Saudi Business Council serving as a pivotal platform for collaboration, investment facilitation and trade diversification.
