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Saudi Arabia: Khashoggi affair raises awkward questions on K Street
One significant aspect of the Jamal Khashoggi affair is the damage done to Saudi Arabia’s international reputation, highlighted by the decision by numerous senior business figures to shun the late October Future Investment Initiative conference. Among the chief executives that stayed away were usually big players in Riyadh such as JP Morgan Chase’s Jamie Dimon, Uber’s Dara Khosrowshahi and BlackRock’s Larry Fink. Their absence was a largely symbolic gesture and won’t prevent businesses from operating in the kingdom in the future – as the ‘$30bn’-worth of deals signed at the ‘Davos in the desert’ suggested.
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