Saudi forum set to draw business leaders from US despite Opec+ row ...Qatar

News by : (Gulf Times) -
A public spat between the United States and Saudi Arabia will not deter top Wall Street executives and US business leaders from a flagship investment event starting tomorrow where the kingdom will seek deals to reduce its economy’s reliance on oil. President Joe Biden has vowed “consequences” for US-Saudi ties over an Opec+ decision this month to cut oil output targets, which Riyadh defended as serving market stability. More than 400 US delegates are expected to attend this week, Richard Attias, CEO of the FII Institute, told Reuters, adding this was the largest representation of a foreign country. This year’s edition, running October 25-27, includes JPMorgan boss Jamie Dimon, Pimco Vice Ch

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