The mysterious disappearance of a prominent Saudi government critic is prompting some company leaders to back away from the “Davos in the Desert” event intended to showcase Prince Mohammed bin Salman’s modernization plan for the desert kingdom. Saudi officials say Khashoggi left the building unharmed. Uber got a $3.5 billion investment from the PIF two years agoBut Saudi’s premier investment event is now being overshadowed. A year ago, BlackRock’s CEO was one of the attendees, publicly praising the direction of the Saudi economy. Part of Prince Mohammed’s plan to overhaul the Saudi economy is an attempt to attract foreign direct investment into the kingdom.

Source: National Post October 12, 2018 10:07 UTC