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
International Society of Business Leaders International Society of Business Leaders The International Society of Business Leaders (ISOBL) claims to be an international registry of business professionals, executives, and esteemed alumni from leading universities and institutions spanning the globe; however, has been reported as a scam on a number of occasions. ISOBL was founded in Garden City, New York with the stated mission of empowering members by providing a platform for professional networking opportunities. Primarily a business networking platform and biographical publication, the network has grown to over 50,000+ members through unsolicited mass e-mail. ISOBL claims to maintain application criteria and only accepts business professionals with