Organizers for the Future Investment Initiative (FII), held in Riyadh, Saudi Arabia, reportedly did not invite any U.S. government officials to attend the event in 2022.
The three-day conference begins Oct. 25 and has historically been a must-go for foreign officials and Wall Street personnel, according to InsiderPaper. The event reportedly expects to bring in close to 400 American CEOs in October, Richard Attias, CEO of the group running the event, told French outlet Agence France-Presse (AFP) and cited by InsiderPaper.
“I realized that when you have political leaders on stage, the attention of the media, let’s be very frank, is diverted to the political agenda, and we don’t want FII to become a political platform,” Attias reportedly told AFP, speaking about the organizers’ decision to not invite U.S. officials.
Officials from both former President Donald Trump’s administration and the Biden administration have attended the FII event in the past, Barron’s reported.