Dubai — Three European government ministers on Thursday joined an array of corporate chiefs in pulling out of a coming investment conference in Saudi Arabia, following the disappearance of Saudi journalist Jamal Khashoggi. Company leaders risk losing lucrative business with the kingdom by shunning the conference, and countries such as the US, Britain and France have several defence deals at stake. But Turkish claims — denied by Riyadh — that Khashoggi was killed by a hit squad in the Saudi consulate in Istanbul on October 2 have put them in an awkward spot. International Monetary Fund chief Christine Lagarde has already withdrawn from the Future Investment Initiative taking place on October 23-25 in Riyadh, which is billed as a showcase for the economic reforms of Crown Prince Mohammed bin Salman. The conference’s website previously featured a star-studded list of speakers. But that has been removed amid the steady flow of defections. Here is an updated list of no-shows: US Treasury...

Subscribe now to unlock this article.

Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).

There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.

Cancel anytime.

Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.

Speech Bubbles

Please read our Comment Policy before commenting.