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Davos in the Desert: The Saudi sovereign wealth fund's $100 billion global reach goes well beyond oil
The Jamal Khashoggi case has spurred a diplomatic crisis for Saudi Arabian officials and several high-profile tech, finance and media personalities have dropped out of Riyadh's second annual conference, the Future Investment Initiative (FII), due to take place this week (October 23-25).
The event is being organised by the Saudi sovereign wealth fund and a recent list compiled by Reuters shows the kingdom's global influence stretches far beyond just oil and into a whole range of countries and sectors, from fast foods brands in Kuwait and online shopping in Dubai to hotels in France and Hollywood talent agencies.
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