TV News LIES

Saturday, Jul 05th

Last update08:07:49 AM GMT

You are here News International Saudi summit in crisis as Khashoggi case prompts mass withdrawals

Saudi summit in crisis as Khashoggi case prompts mass withdrawals

E-mail Print PDF
Corporations withdraw from Saudi Summit

A high-profile investment summit in Riyadh later this month is rapidly becoming a fiasco as prominent businesses and media groups have pulled out over Saudi Arabia’s alleged involvement in the disappearance and possible murder of the journalist Jamal Khashoggi.

The president of the World Bank, Jim Yong Kim, said he would not be attending, and the Financial Times, Bloomberg, CNN and CNBC have withdrawn as media sponsors.

The world’s business elite were due to attend the Future Investment Initiative (FII), which begins in the Saudi capital on 23 October. However, some of the companies involved say they are withdrawing pending the outcome of investigations into Khashoggi’s disappearance, while others have pulled out unconditionally.

Saudi Arabia’s ambitious Vision 2030 project – the brainchild of the kingdom’s de facto ruler, Crown Prince Mohammed bin Salman – is strongly dependent on overseas investment, and the apparent shunning of the prestigious FII conference will be as disturbing to Saudi policymakers as the more distant threat of a US-imposed ban on arms sales.

More...


Most Recent Related Stories...


Israeli strike kills renowned Palestinian cardiologist and his family in Gaza

Dr. Marwan SultanDr. Marwan Sultan was taking a rare break from work to be home with his family...

Israel steps up deadly bombardment of Gaza before ceasefire talks

IGaza deadly bombarbmentsrael has escalated its offensive in Gaza before imminent talks about a ceasefire, with warships and artillery...

Ukraine accuses Putin of humiliating Trump with devastating attack on Kyiv

Attack on KyivRussia launches record number of drones and ballistic missiles in seven-hour assault shortly after its leader...

74 killed in Gaza as Israeli forces strike a cafe and fire on people seeking food

Israeli forces kill 74 seeking food Israeli forces killed at least 74 people in Gaza on Monday with airstrikes that left 30...
 
America's # 1 Enemy
Tee Shirt
& Help Support TvNewsLIES.org!
TVNL Tee Shirt
 
TVNL TOTE BAG
Conserve our Planet
& Help Support TvNewsLIES.org!
 
Get your 9/11 & Media
Deception Dollars
& Help Support TvNewsLIES.org!
 
The Loaded Deck
The First & the Best!
The Media & Bush Admin Exposed!