Saudi Arabia holds an investment conference next week that is set to be overshadowed by the Israel and Hamas war, in a reminder of the challenge facing the kingdom as it bids to attract foreign investors, be they Western companies or newly courted Chinese business.
The conflict could upset the stability of the Middle East just as Saudi Arabia pours hundreds of billions of dollars into a vast economic transformation plan.
More than 5,000 people have registered to attend the annual Future Investment Initiative (FII) and only two have withdrawn due to current events, the FII Institute told Reuters.
"FII7 is going ahead as planned," it said. "The news about conflict in the Middle East is awful, and demonstrates why it is so important for leaders and policy makers to come together to tackle global issues that confront humanity," it added.
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