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Saudi scrambles to host conference after Khashoggi fallout

Saudi scrambles to host conference after Khashoggi falloutSaudi Arabia scrambled Monday to prepare for an investment summit after a string of cancellations from global business titans, with Turkey's threat to reveal the "naked truth" over critic Jamal Khashoggi's murder casting a fresh shadow. Starting on Tuesday, the three-day Future Investment Initiative (FII) was meant to project the historically insular petro-state as a lucrative business destination as it seeks to diversify and set the stage for new ventures and multi-billion dollar contracts. The chief executive of German industrial conglomerate Siemens Joe Kaeser was the latest among dozens of global executives to withdraw from the summit, hosted by the kingdom's sovereign wealth fund.




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