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Top related persons:
Ahmed Yosri - 2 Goldman Sachs - 2 David Solomon - 2 JPMorgan's - 2 Jamie Dimon - 2 Jane Fraser - 2 Amanda Cooper - 2 Hadeel Al Sayegh - 1
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Saudi Riyadh Saudi Arabia Rights RIYADH Israel Davos Swiss LONDON
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Future Investment Initiative - 2 REUTERS - 2 Rights - 2 Saudi Arabia's - 2 Hamas - 2 Saudi Telecom Corp - 2 Thomson - 2 Ritz Carlton Hotel - 1

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☆ Wall Street leaders appear at Saudi conference amid conflict
  + stars: | 2023-10-24 | by ( Hadeel Al Sayegh | ) www.reuters.com   time to read: +1 min
A Saudi man's reflection is seen in mirror glass at the Future Investment Initiative conference, in Riyadh, Saudi Arabia, October 25, 2022. REUTERS/ Ahmed Yosri/File Photo Acquire Licensing RightsRIYADH/LONDON, Oct 24 (Reuters) - Wall Street's top financiers showed up in force at an annual financial conference in Saudi Arabia on Tuesday despite broad concerns over travel in the Middle East in the wake of an escalating conflict between Israel and Hamas militants. Goldman Sachs' (GS.N) David Solomon, JPMorgan's (JPM.N) Jamie Dimon and Citi's (C.N) Jane Fraser were among a group of high-profile bankers and asset managers speaking at the Future Investment Initiative (FII) conference at the Ritz Carlton Hotel in Riyadh. The last year has seen Saudi Arabia spend billions on companies, from sports to gaming to aviation. This year, Saudi Telecom Corp took a near 10% stake in Spain's Telefonica.
Persons: Ahmed Yosri, Goldman Sachs, David Solomon, JPMorgan's, Jamie Dimon, Jane Fraser, Hadeel Al Sayegh, Anousha Sakoui, Amanda Cooper Organizations: Future Investment Initiative, REUTERS, Rights, Ritz Carlton Hotel, Saudi Arabia's, Hamas, Saudi Telecom Corp, Spain's Telefonica, Thomson Locations: Saudi, Riyadh, Saudi Arabia, Rights RIYADH, LONDON, Israel, Davos, Swiss, Spain's
☆ As Israel-Hamas war rages, global finance chiefs in Saudi sound gloomy note
  + stars: | 2023-10-24 | by ( Hadeel Al Sayegh Rachna Uppal | Hadeel Al Sayegh | Rachna Uppal | ) www.reuters.com   time to read: +6 min
A Saudi man's reflection is seen in mirror glass at the Future Investment Initiative conference, in Riyadh, Saudi Arabia, October 25, 2022. Geopolitical tensions heightened by the Middle East conflict pose the biggest threat to the world economy, World Bank President Ajay Banga said. The conflict could upset the stability of the Middle East just as regional powerhouse Saudi Arabia pours hundreds of billions of dollars into a vast economic transformation plan. Saudi Arabia is putting U.S.-backed plans to normalise ties with Israel on ice, two sources familiar with Riyadh's thinking said, signalling a rapid rethinking of its foreign policy priorities as war rages between Israel and Hamas. The last year has seen Saudi Arabia spend billions on companies, from sports to gaming to aviation.
Persons: Ahmed Yosri, Ajay Banga, Banga, Laurence Fink, Fink, Goldman Sachs, David Solomon, JPMorgan's, Jamie Dimon, Jane Fraser, Ray Dalio, Dalio, Noel Quinn, Bill Winters, Barack Obama, Yasser al, Salomon, Hess, Stephen Schwarzman, Schwarzman, Prince Mohammed bin Salman, Joe Biden's, Richard Attias, Rosario, Amanda Cooper, Alun John, Michael Georgy, Anousha, John O'Donnell, Susan Fenton Organizations: Future Investment Initiative, REUTERS, Rights, Saudi Arabia's, Hamas, BlackRock, Bridgewater Associates, HSBC, Former U.S, U.S, Saudi Telecom Corp, Telefonica, Investment Fund, Chevron, Blackstone Group, Investment Initiative, Saudi, FII, Reuters, Jorgelina, Thomson Locations: Saudi, Riyadh, Saudi Arabia, Rights RIYADH, Israel, Davos, Swiss, Gaza, Europe, Asia, London
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