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The list of cancellations for the investor conference to be held next week in Riyadh, the capital of Saudi Arabia, is extending more and more. ABB CEO Ulrich Spiesshofer has canceled his participation in the event, a speaker at the AWP Electrical Engineering Group said on Friday.
A few days ago, it was announced that Credit Suisse boss Tidjane Thiam would stay away from the event. Credit Suisse is a "strategic partner" of the "Future Investment Initiative" and Thiam is also a member of the event's advisory committee. The business meeting is considered the "Davos of the desert".
Baskets of Business and Politics
The elite of Swiss companies also announced new cancellations on Friday: Glencore's Glencore group president, Anthony Hayward, and the Charles Dallara group's board of directors do not surrender. more in Saudi Arabia.
In addition, many managers from other countries have already been canceled. Among them, according to various media, the boss of JPMorgan, Jamie Dimon, the boss of the Deutsche Bank, Christian Sewing or the bosses of the transport service provider Uber and the asset manager Blackrock.
Among the non-participants are US Treasury Secretary Steven Mnuchin and International Monetary Fund President Christine Lagarde. The French Minister of Economy, Bruno Le Maire, also stays at home. British Trade Minister Liam Fox and Dutch Finance Minister Wopke Hoekstra have also denied.
The boss of Siemens has not decided yet
Joe Kaeser, CEO of Siemens, feels lonely. The head of the German group was allowed to participate in the conference on open investment. On Tuesday, he announced his decision in the coming days.
The refusal of this cancellation is attributable to the case of the disappeared Saudi journalist, Jamal Khashoggi. He went to the Saudi Arabian consulate in Istanbul in early October to collect papers. According to media reports, the Turkish authorities assume that the journalist was killed on the spot by a special team from Saudi Arabia.
Video: The Khashoggi Affair
The chronicle on the disappearance of the Saudi journalist Jamal Khashoggi. (Video: Tamedia / AP / AFP) (Video: Tamedia / AP / AFP)
(Oli / SDA)
Created: 19.10.2018, 17:15
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