President Joe Biden was ridiculed for supposedly warming up to the Saudis.

October 25, 2022

By Rory Jones, Stephen Kalin and Summer Said

JPMorgan’s Jamie Dimon and Goldman Sachs’s David Solomon are expected to speak at the event (click here)

Riyadh, Saudi Arabia - International business leaders brushed aside a diplomatic spat between the U.S. and Saudi Arabia, converging on the Saudis’ flagship investment conference in a kingdom riding high on an oil-price boom and trying to flex its geopolitical power.

Some 400 American executives descended on Riyadh’s Ritz-Carlton Hotel for the Future Investment Initiative, an annual event sometimes dubbed “Davos in the Desert,” along with European and Asian business leaders. Among them: JPMorgan Chase & Co. Chief Executive Jamie Dimon, David Solomon, head of Goldman Sachs Group Inc., and Blackstone Inc.’s Stephen Schwarzman.

The large American presence—over 150 U.S. companies were represented—came three months after President Biden visited Saudi Arabia in a bid to reset relations that were badly damaged following the 2018 murder of dissident journalist Jamal Khashoggi by Saudi operatives. Many international firms had already turned the page on the outrage over Mr. Khashoggi’s death, which hung over subsequent runnings of the event. But for those that hadn’t, this year’s conference offered a chance to come back....

Where are the boycotts of all those 150 US Companies? 

I want to hear apologies to President Joe Biden and I mean now!