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
Conference of Montreal international forum in Montreal, to identify and discuss the impact of all these developments on the global economic system. A first conference was organized on June 20–22, 1995. The IEFA now hosts four annual events: the Conference of Montreal, the Toronto Global Forum (founded in 2007), the World Strategic Forum, held in Miami (founded in 2011), as well as the Conference of Paris (founded in 2017). In June 2018, the Conference of Montreal will celebrate its 25th Anniversary edition under the theme ""Embracing Change"," and will reiterate its position among the most important international economic forums, connecting world leaders for