Monday 30 October 2017

Some answers and ambivalence from the ‘Saudi Davos’ | Arab News

Some answers and ambivalence from the ‘Saudi Davos’ | Arab News:

"As the stands were being dismantled at the King Abdul Aziz International Conference Center and the last items of luxury luggage were being loaded into airport-bound limos outside the Ritz Carlton last Thursday evening in Riyadh, I bumped into an old banker friend. He works for one of the big American banks that has done business in the Middle East for decades, but this was his first visit to the Kingdom. His verdict: “They told me Saudi Arabia was more different from the US than any other country in the world, but that’s not true. This could be any big conference, anywhere in the world. It was definitely not what I expected.” I got the feeling that many among the 3,500 attendees would have had a similar reaction after the three-day event. Even those who have been traveling regularly to the Kingdom for many years must have been pleasantly surprised at the way the Future Investment Initiative (FII) played out."



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