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
Nishinippon Business Forum the dialogue between the countries (especially Japan and Italy) and creating new opportunities of business and partnerships for the development of their own country’s economy. The Nishinippon Business Forum was founded by Daniele Di Santo, currently president of the Japan Italy Economic Federation (JIEF). As well as the usual conference about ‘’Perspectives and scenarios for new international synergies: the role of Nishinippon on the global economic field’’ that takes place every year, some activities of the forum cover firm-related tasks, institutional meetings and publishing of documents and report regarding the annual topics. During the 6th edition, the Forum focused on