- Uber Chief Executive Dara Khosrowshahi has threatened to withdraw from a high-profile investment conference in Saudi Arabia over the disappearance of a journalist.
- Khosrowshahi said in an official statement to CNBC Friday he would not be attending the Future Investment Initiative (FII) conference in Riyadh, an event which has often been dubbed “Davos in the Desert” in reference to the World Economic Forum’s annual meeting in Davos, Switzerland.
- The Uber chief follows a growing a list of business executives distancing themselves from the country as it faces increased scrutiny after Jamal Khashoggi, a Washington Post columnist and critic of the Saudi Regime, was reported to have entered the Saudi consulate in Istanbul, Turkey, only to not be seen again afterwards.
- Virgin Group founder Richard Branson, Los Angeles Times owner Patrick Soon-Shiong, AOL co-founder Steve Case and The Huffington Post co-founder Arianna Huffington are among the business figures reported to have threatened to cut ties with the Arab kingdom.
CNBC - 1 year ago