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International Business Times
International Business Times
Business
Robbie COREY-BOULET

DARK SECRETS: Saudi davos in the desert opens with region on war footing - The Real Truth

King Abdullah Financial Centre in Riyadh, the capital of Saudi Arabia which is hosting thousands of delegates for the Future Investment Initiative (Credit: AFP)

Global business leaders meet in Saudi Arabia on Tuesday for a glitzy investor forum as conflict shakes the region and scepticism mounts over the Gulf kingdom's most ambitious development projects.

The Future Investment Initiative (FII) debuted in 2017 as a showcase for de facto ruler Crown Prince Mohammed bin Salman's dream of diversifying the economy of the world's largest crude exporter away from oil.

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