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Fox Business, Saudi conference's last media partner, pulls out

Fox Business Network -— which had been the lone remaining media partner participating in this year's Future Investment Initiative in Saudi Arabia — dropped out of the event on Thursday.

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By
Hadas Gold
and
Oliver Darcy, CNN Business
(CNN) — Fox Business Network -— which had been the lone remaining media partner participating in this year's Future Investment Initiative in Saudi Arabia — dropped out of the event on Thursday.

For more than a week, Fox Business Network has said its participation in a high-profile summit in Saudi Arabia next week was "under review."

All of the other international news outlets that had agreed to sponsor the event in Riyadh -— CNN, The New York Times, Bloomberg, The Financial Times, CNBC and Nikkei — pulled out by last weekend, following the disappearance of Washington Post columnist Jamal Khashoggi.

Hosted by Saudi Crown Prince Mohammed bin Salman and scheduled to begin on October 23, the event is designed to showcase the prince's Vision 2030 plan to break the country's dependence on oil.

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