Ken Mullis from Riyadh: Take in loan is not a necessity for success

During his participation in the Saudi Future Investment Initiative in Riyadh, the chief executive of Mollis & Co., Ken Mollis, pointed out that the largest international companies have no shortage of loans, and gave examples such as Aramco, Apple and Netflix.

Mullis described the investment situation in this moment, saying “is not a good time to take in loan now “.

As noted by the CEO of Moelis & CO, However, global companies that don’t have large loans are doing well The challenges of the global economy in this moment.

In its fifth edition, the Future Investment Initiative brought together leaders from countries, companies, policy makers, investors and innovators from around the world in a global forum to explore pioneering solutions that address societal challenges and work towards achieving those solutions.

The Future Investment Initiative had announced the holding of 16 partnerships with a selection of the largest companies and institutions in the world, with the fifth session.

Partners will support the global nonprofit organization to make an impact in 5 areas: artificial intelligence, robotics, education, healthcare and sustainability.

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