World Economic Forum series of research reports and engages its members in sector-specific initiatives. There have been many other international conferences nicknamed with "Davos". However, the World Economic Forum objected the use of "Davos" in such contexts for any event not organised by them. This particular statement was issued on 22 October 2018, a day before the opening of 2018 Future Investment Initiative (nicknamed "Davos in the desert") organised by the Public Investment Fund of Saudi Arabia. The WEF was founded in 1971 by Klaus Schwab, a German-born business professor at the University of Geneva. First named the "European Management Forum", it changed
St. Petersburg International Economic Forum Dmitry Medvedev awarded the Russian electrophysicist and academic of the Russian Academy of Sciences, Filipp Rutberg, and the American physicist and professor, Arthur Rosenfeld with the Global Energy Prize 2011. The XVI St. Petersburg International Economic Forum brought together three presidents, two prime ministers and dozens of senior officials and executives from major international companies in Russia’s northern capital from June 21–23, 2012, under the slogan "Effective Leadership." The Forum was attended by Russian President Vladimir Putin, and four leaders from other nations: Finnish President Sauli Niinistö, Kyrgyz Republic President Almazbek Atambayev, Macedonian Prime Minister Nikola Gruevski and Kenyan Prime