What is the name of the annual investment summit held in Riyadh since 2017, widely dubbed 'Davos in the Desert', which convenes global CEOs, financiers, and policymakers?
Answer and explanation
Correct answer: C. The Future Investment Initiative (FII)
- Step 1: Examine international business summits: Organized by the Future Investment Initiative Institute under the leadership of the Public Investment Fund.
- Step 2: The FII Institute convenes annual mega-summits in Riyadh (FII editions), driving hundreds of billions of dollars in cross-border investment pacts.
Answer
The Future Investment Initiative (FII).
Why not the others: 'World Economic Forum' holds its annual meeting in Davos, Switzerland; 'Milken Summit' is an independent forum in Abu Dhabi; 'Arabian Capital Forum' is fictitious.
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