So many people want to attend a Middle East investment conference dubbed 'Davos in the desert' that they're charging $15,000 to get in the door

Sat, 09/23/2023 - 07:27

Saudi Crown Prince Mohammed bin Salman (C) arrives to attend a session during the Future Investment Initiative (FII) conference in the capital Riyadh on October 24, 2018. — Crown Prince Mohammed bin Salman at the Future Investment Initiative conference in Riyadh in 2018.
FAYEZ NURELDINE

About 5,000 delegates are paying $15,000 each to attend an investment conference in Riyadh next month.
Many are seeking a slice of the Middle East's oil billions.
Growing interest in the conference also underlines Saudi Arabia's rising global influence.

Demand for the Future Investment Initiative (FII), a Middle Eastern business conference known as "Davos in the desert," is so strong that organizers are charging $15,000 to attend, The Wall Street Journal reported.