Saudi Arabia on Sunday warned against threats to punish it over last week's disappearance of journalist Jamal Khashoggi, as European leaders piled on pressure and two more United States executives scrapped plans to attend a Saudi investor conference.
Jamal Khashoggi disappeared after visiting the Saudi consulate in Istanbul on October 2 and Turkish authorities have speculated that he was either killed or kidnapped there, while Saudi Arabia has denied the accusations, reports Efe news.
They said there must be a credible investigation to establish the truth and "if relevant" identify those responsible for Khashoggi's disappearance.
Sheikh Abdullah reiterated the UAE's unequivocal stance with Saudi Arabia in whatever policies it sets and tremendous efforts it exerts to counter the various risks and threats besetting the global community, particularly extremism and terrorism. The Saudi writer, who lives in the United States, disappeared in early October after entering the Saudi consulate in the Turkish city of Istanbul. Speaking with CBS's 60 Minutes, the president said that "nobody knows yet" whether the Saudi government ordered the killing of Khashoggi, a frequent critic, as Turkish officials reportedly allege.
SoftBank's near $100bn Vision Fund, the company's venture capital arm leading investments into tech firms such as Uber, WeWork and NVIDIA, has attracted nearly half of its funds from Saudi Arabia.
SoftBank Group Corp has been battered over the past two weeks as technology stocks plummet globally and the outcry over a missing Saudi Arabian journalist escalates into a global controversy.
"Whilst it is disappointing that some speakers and partners have pulled out, we are looking forward to welcoming thousands of speakers, moderators and guests from all over the world to Riyadh", a Future Investment Initiative representative said last week.
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Saudi Arabia is now facing growing global pressure to explain the disappearance of Saudi journalist Jamal Khashoggi. Rubio said U.S. -Saudi relations may need to be "completely revised" and stressed the U.S. would lose credibility on human rights if the Trump administration remained silent.
It's unclear, however, whether Saudi Arabia would be willing to unilaterally cut production.
"It's being investigated, it's being looked at very, very strongly", Trump said.
White House economic adviser Larry Kudlow said Treasury Secretary Steven Mnuchin still plans to attend a previously scheduled Saudi conference this week to address terrorist financing, but those plans could change as the investigation progresses.
JP Morgan Chase and Ford did not comment on whether the decision was related to concerns about the disappearance of Khashoggi.
And Rubio said that no USA government officials should be attending the Saudi conference until they get some official answers about what happened. At that time Uber share was estimated to be worth $33 and the worth of the company was valued at $62 billion.