Saudi Arabia to Hold Investment Forum Despite Key Speakers Pulling Out

Despite backlash to the disappearance of Saudi journalist Jamal Khashoggi, Saudi Arabia's Future Investment Initiative will run as planned with key figures like Steven Mnuchin and Christine Lagarde in attendance.

Dubai: Saudi Arabia will go ahead with a major investment conference planned later this month despite key speakers and partners pulling out after the disappearance of journalist Jamal Khashoggi, a statement from the organisers said on Monday.

Speakers and partners who have pulled out include JP Morgan Chase CEO Jamie Dimon, Ford Executive Chairman Bill Ford and Uber CEO Dara Khosrowshahi, according to a CNN report.

Also Read: Saudi Journalist Jamal Khashoggi Killed by Saudi Consulate- Turkish Source

Nevertheless, with powerful figures like US Treasury Secretary Steven Mnuchin, Siemens CEO Joe Kaeser and IMF Managing Director Christine Lagarde still planning to attend, CNN reports, the conference will go ahead as planned.

“With more than 150 speakers confirmed from over 140 different organizations, including 17 global partner organizations, the Future Investment Initiative (FII) program will closely examine how investment can be used to drive growth opportunities, fuel innovation and tackle global challenges,” the Public Investment Fund said in an e-mailed statement.

(With Reuters inputs)