Remember meForgot password?
    Log in with Twitter

article imageKhashoggi fallout: Saudi conference no-shows

By AFP     Oct 17, 2018 in World

US Treasury Secretary Steven Mnuchin Thursday joined top US and European officials, as well as corporate chiefs, pulling out of an upcoming investment conference in Saudi Arabia, following the disappearance of Saudi journalist Jamal Khashoggi.

Company leaders risk losing lucrative business with the kingdom by shunning the conference, and countries such as the United States, Britain and France have big defence deals at stake.

But Turkish claims -- denied by Riyadh -- that Khashoggi was killed by a hit squad in the Saudi consulate in Istanbul on October 2 have put them in an awkward spot.

International Monetary Fund chief Christine Lagarde has already withdrawn from the Future Investment Initiative taking place on October 23-25 in Riyadh, which is billed as a showcase for the economic reforms of Crown Prince Mohammed bin Salman.

The conference's website previously featured a star-studded list of speakers. But that has been removed amid the steady flow of defections.

Here is an updated list of no-shows:


-- US Treasury Secretary Steven Mnuchin

-- French Economy Minister Bruno Le Maire

-- British International Trade Secretary Liam Fox

-- Dutch Finance Minister Wopke Hoekstra


-- HSBC chief executive John Flint

-- Credit Suisse CEO Tidjane Thiam

-- MasterCard CEO Ajay Banga

(HSBC, Credit Suisse and MasterCard are listed among the eight "strategic partners" of the conference. Another is Siemens, whose boss Joe Kaeser says he is still mulling whether to come.)

-- BNP Paribas chairman Jean Lemierre

-- Societe Generale CEO Frederic Oudea

-- JPMorgan Chase CEO Jamie Dimon

-- BlackRock chief Larry Fink

-- Blackstone CEO Stephen Schwarzman

-- Standard Chartered CEO Bill Winters

-- London Stock Exchange CEO David Schwimmer


-- Ford chairman Bill Ford

-- Uber CEO Dara Khosrowshahi

-- British billionaire Richard Branson

-- Thrive CEO Ariana Huffington

-- Google Cloud CEO Diane Greene


-- Viacom CEO Bob Bakish.

In addition, multiple media groups have withdrawn executives or journalists who were due to take part in the conference, including CNN, Bloomberg, The Economist, The New York Times, CNBC and the Financial Times.

More about Turkey, Saudi, Diplomacy, Business, Conference
More news from
Latest News
Top News