- About 5,000 delegates are paying $15,000 each to attend an investment conference in Riyadh next month.
- Many are seeking a slice of the Middle East’s oil billions.
- Growing interest in the conference also underlines Saudi Arabia’s rising global influence.
Demand for the Future Investment Initiative (FII), a Middle Eastern business conference known as “Davos in the desert,” is so strong that organizers are charging $15,000 to attend, The Wall Street Journal reported.
The seventh iteration of the event is being held in the Saudi Arabian capital of Riyadh from October 24 to 26. Hundreds of speakers are scheduled to give presentations aimed at helping delegates develop “new strategies for understanding the greatest challenges and opportunities of the new era,” according to the FII.
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