The Middle East Becomes the World’s ATM

From a Wall Street Journal story by Eliot Brown and Rory Jones headlined “The Middle East Becomes the World’s ATM”:

Five years ago, Saudi officials watched a wave of American finance executives pull out of a free investment confab in Riyadh after the murder of a dissident journalist made the kingdom a toxic place to do business.

This year, the conference, nicknamed “Davos in the Desert,” is expecting so much demand it is charging executives $15,000 a person.