Friday 19 October 2018

Saudi conference boycott over Khashoggi shows political threat to economy | Reuters

Saudi conference boycott over Khashoggi shows political threat to economy | Reuters:

A Western boycott of a major business conference in Riyadh next week suggests rising political risks in Saudi Arabia could harm its ambitions to attract foreign capital and diversify its economy away from oil.

Rather than whipping up interest in Saudi investment opportunities, the event risks becoming a public relations debacle because of the disappearance of Saudi dissident Jamal Khashoggi, company executives and analysts say.

Turkish officials have said Khashoggi was killed inside the Saudi consulate in Istanbul. Saudi Arabia denies this.

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