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 Economic Forum of the Americas construct a global market that would benefit of every countries. A desire emerged to create an independent international forum in Montreal, to identify and understand the impact of all these developments on the global economic system. The IEFA now hosts four annual events: the Conference of Montreal, the Toronto Global Forum, the World Strategic Forum, held in Miami and The Conference of Paris. These conferences and forums have welcomed past and present politicians, heads of states, corporate executives, central bankers and global economic decision makers. The Conference of Montreal is an annual event organized by the International Economic Forum of