Saudi hosts world's business elite with eyes on Gigaprojects, AI

Saudi Arabia opened a major investment conference featuring heads of state and the global business elite on Tuesday in Riyadh, as it seeks support for its sprawling "gigaprojects" and sky-high AI ambitions.

Chinese Vice President Han Zheng, joined by several ministers and more than 150 business leaders, and Syria's interim president are among the guests at the Future Investment Initiative-FII. The 9th edition of FII, featuring some 20 heads of state, is being held against the backdrop of a ceasefire in Gaza and strong economic growth in the Gulf.