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
Istanbul World Political Forum Istanbul World Political Forum The World Political Forum (also called Istanbul Forum) is a non-profit foundation, based in Turkey, best known for its annual meeting in Istanbul. The forum takes place with the participation of statesmen, CEOs, opinion leaders, bureaucrats and the business elite as well as renowned figures from reputable universities. Ahmet Eyüp Özgüç is the current President of the Foundation which originally started the preparations for the summit in 2010 and sought to broaden its vision further to include providing a platform for resolving international conflicts. The first was held on 13–14 March, 2011, in Istanbul and was